Layoffs coming at Google? |
Follow the ups and downs of a new Seattle startup in a series of behind-the-scenes posts by its founders.
Could fast-growing Google really be looking to chop 10,000 people from the payroll? Following reports that surfaced today, VentureBeat says the 10,000 figure "sounds insanely high" and doesn't wash with past actions of the search giant. But there are other signs that Google -- with about 30,000 contractors and full time employees -- may be scaling back, including reports that it is looking to reduce office space in New York and Kirkland. And CNET confirms that Google is scaling back its contractor work force.
Microsoft is looking to build 20 "supersize data centers" at a cost of about $1 billion apiece in a bid to compete with Google in the cloud computing arena, according to a BusinessWeek scoop. Could that lead to another boom along the Columbia River where tech titans have constructed data centers to to take advantage of cheap hydro power?
ShareBuilder, the online stock brokerage purchased by ING for $220 million last year, is moving its headquarters from Bellevue to 83 South King St. in Seattle's Pioneer Square neighborhood. The company plans to sublease about 130,000 square feet of space from Starbucks, which has been looking to sell or lease the building.
Two Seattle area companies -- MDRNA and Loud Technologies -- have received notifications from Nasdaq that their stocks are not in compliance with stock exchange.
Forbes puts together a list of 11 industries that venture capitalists still like, including renewable energy, energy storage, energy efficient devices, entertainment/video, transportation, carbon capture, biofuels, medical instrumentation/genetic testing, green construction, cloud computing/SaaS, Data as a service. Interesting that seven of the 11 categories are in what I would call the energy or clean tech arena.
Avvo, the Seattle online legal directory and attorney rating service, gets a plug in a segment of Good Morning America Now dubbed "fabulous freebies" that offers tips on using free online services.
Kara Swisher offers a take on why Facebook's bid to buy Twitter for $500 million failed.
John Cook is co-founder and executive editor of TechFlash. He has been covering the technology beat for nearly a decade, writing about startups, entrepreneurs and venture capital, most recently serving as a reporter/blogger at the Seattle Post-Intelligencer.
READ FULL BIOGRAPHYSeattle Repertory Theatre presents Glengarry Glen Ross Feb 5th to Feb 28th
One of the largest and most renowned regional theatres in the country, Seattle Repertory Theatre produces a mix of celebrated classics, recent Broadway hits and cutting-edge new works in two theatre spaces. Now playing David Mamet's American classic Glengarry Glen Ross through February 28. Join us for Sales Rep Industry night February 11 with the Puget Sound Business Journal. For details click here.
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WTIA 15th Annual Industry Achievement Awards
Held on March 4th at the Showbox SODO, this casual event celebrates and recognizes some of the best emerging and established companies in the Washington Tech Industry. The evening will feature a finalist company technology showcase and a variety of coffee, chocolate, and wine samples from local companies. More than 800 attendees are expected to be present at the celebration. Public online voting for Technology Leader of Tomorrow Scholarships will open February 3rd on the WTIA site.
We congratulate the 2010 finalists and look forward to unveiling the winners on March 4th. REGISTER NOW!