TOP NEWS

Amazon Launches New, Subscription Anime Service

Seattle-based Amazon has launched a new, video-on-demand service for Japanese "anime" animation. Amazon Channel: Anime Strike costs $4.99 per month, and will offer up more than 1,000 episodes and movies in the anime style. Amazon's new channel includes such series as "The Great Passage", "Blue Exorcist", "Urara Meirocho", "Girls & Panzer", and many more.Continue →


Maluuba Acquired By Microsoft

Canadian artificial intelligence software developer Maluuba announced today that it has been acquired by Microsoft. Maluuba has been developing software which helps advanced the development of artificial intelligence software. Financial details of the acquisition were not disclosed. Maluub was originally started by students at the University of Waterloo.Continue →


Microsoft Sued By Pro Wrestler Over Gears Of War Avatar

Microsoft Corp. has been sued by professional wrestling star "Hard Rock Hamilton", over an avatar in its Gear of War videogame. Lenwood "Hard Rock" Hamilton sued Microsoft Studios and Epic Games over the use of a voice and likeness of the character Pvt. Augustus Cole in the game, which Hamilton claims are based on his image and voice. Microsoft and Epic have said the character is actually based on another pro wrestler, Lester Speight....Continue →


Remitly Approved In Massachusetts, Now Available In All 50 States

Seattle-based fintech startup Remitly said late Thursday evening that it has been approved in Massachusetts, letting residents of that state send money abroad. The startup, which is backed by more than $100M in investments from Stripes Group, DFJ, DN Capital, QED Investors, Trilogy Equity Partners, Bezos Expeditions, Foundersí Co-Op, International Finance Corp. and TomorrowVentures, said it received final state approval in Massachusetts fro the service--and now can serve customers in all 50 U.S....Continue →


Bezos Buys Biggest House In Washington--DC, That Is

Does Jeff Bezos have plans in Washington, DC? The Amazon.com mogul apparently has purchased the biggest house in Washington, DC--a 27,000 square foot mansion in the same neighborhood where outgoing President Obama will live after his departure from the White House. Bezos apparently paid $23M in cash for the property, which is a former museum. It's unclear what, if anything, Bezos plans to be doing in DC....Continue →


Madrona Names New Managing Director

Seattle-based venture capital investor Madrona Venture Group said this morning that it has added S. "Soma" Somasegar as a new Managing Director at the firm. Somasegar has been a Venture Partner at the investment firm since November of 2015, and is a twenty-five year veteran of Microsoft. He most recently was head of Microsoft's Developer Division, responsible for Visual Studio and .NET, plus R&D labs in Boston, China, India and Israel....Continue →


Cray Names R&D VP

Seattle-based Cray, the supercomputer developer, has named Stathis Papaefstathiou as its new Senior Vice President of Research and Development, according to the company. Papaefstathiou was most recently Senior Vice President of Engineering at Aerohive Networks. He also has served at F5 Networks and Microsoft. Cray said Papaefstathiou will lead all software and hardware engineering efforts related to its research and development projects.Continue →


Amazon Plans 100,000 New US Jobs

Seattle-based Amazon.com said on Thursday that it plans to add more than 100,000 new, full time jobs, over the next 18 months, and is hoping to bring its full time, U.S.-based workforce to over 280,000 by mid-2018. Amazon.com said the job plans come after it already added over 150,000 jobs in the United States over the past five years. The announcement comes as the results of the U.S....Continue →


The Renewal Workshop Seeks To Cut Waste In Clothing Manufacturing

A new, Oregon startup, The Renewal Workshop, is hoping its efforts can cut waste in the clothing manufacturing process, through a new three way collaboration with Oregon BEST and the Oregon Manufacturers Extension Partnership (OMEP). According to the three, The Renewal Workshop recently set up a new, 7,500 sq. ft lean manufacturing facility in the Columbia Gorge, to help transform damaged or defective clothing into resellable items....Continue →


Amazon Rolls Out New Rewards Credit Card For Prime Members

Seattle-based Amazon.com has rolled out its own, rewards credit card this morning, in a deal with credit card issuer Chase, which will give 5 percent back on Amazon.com purchases, and 2 percent back on restaurants, gas stations, and drugstores, plus 1 percent back everywhere else. According to Amazon, the new Prime Rewards Visa Card will only be available to "eligible" Prime members. The new card replaces the company's existing Amazon Rewards Visa....Continue →


Ignition Partners Gets Exit At Unidesk

Seattle-based venture investor Ignition Partners has chalked up another exit in its portfolio, after the acquisition this week of Unidesk by Citrix. Financial details of the buy, which was announced on Monday, have not been announced, hwoever, Unidesk had raised around $36M from Ignition Partners, Matrix Partners, North Bridge Venture Partners, and others. Unidesk is a developer of Windows application packaging and management technology, known in the industry as "containers"....Continue →


Mighty AI Raises $14M For Machine Learning

Seattle-based Spare5, which had been operating a service to let users perform "microtasks" for others and earn money in their spare time, said on Tuesday that it has become Mighty AI--relaunching the company and focusing on tools, data, and services around artificial intelligence....Continue →



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