Shelfari's new search; Onvia's losses; Trubion's cuts; and more |
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- Startup of the Week: LocalBonus aims at 'buy local' movement
- Seattle webcomic The Oatmeal generates Tesla-Edison controversy
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- 350 million Windows 7 devices to be sold this year: Microsoft
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Mass High Tech
Shelfari's new search; Onvia's losses; Trubion's cuts; and more
Shelfari, the Amazon.com-owned social networking site for book lovers, has introduced new search features that help people more easily find books, groups, members and other information.
More bad news for the Seattle biotech industry. Seattle-based Trubion Pharmaceuticals said it is cutting 25 employees, or about 25 percent of the staff, due to “continuing uncertainty in the capital markets and the global economy.” More from the press release.
Dot-com survivor Onvia today reported fourth quarter revenue of $5.5 million, flat when compared to same period in 2007. The Seattle company, which helps businesses locate government contracts and other sales leads, lost $846,000 during the quarter and announced that it eliminated two senior executives in order to reduce costs.
TechCrunch offers 10 reasons to buy a Kindle, and 10 reasons not to buy one. John Biggs writes that it looks and feels great, but it is not ready for students and is "flimsy."
Xconomy's Luke Timmerman reports from the Zino Society Life Science Investment Forum in Seattle where 12 companies were given seven minutes to pitch their businesses.
Those who are registered users of the WTIA Web site can now vote for the upcoming Industry Achievement Awards.
Amazon.com said it will pay off the remainder of a convertible bond issue a year early. The online retailer said it will redeem 240,000 Euros ($305 million) ahead of the 2010 deadline.
Visible Technologies, a Seattle company that helps corporations track their brands on blogs and social media sites, has introduced a new version of the service that includes a new dashboard and data gathering features.
Last week, in response to Madrona officially launching their new blog, I noted how the Seattle area needs more VC bloggers. Turns out, I missed the writings of Peter Zaballos at Frazier Technology Ventures who is starting to get more active at his new blog Open Ambition. There you can read posts such as "Five ways you can tell if the VC you’re talking to is being straight with you" or "How to make headcount reductions without killing your company."
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The Puget Sound Business Journal announces Social Madness: A Corporate Social Media Challenge, presented by Capital One Spark Business. This a local and national challenge that will spotlight the best social media programs of companies in 43 cities. The local challenge begins (following the nomination period) on June 1, 2012. The promotion will culminate in a national bracket challenge that will crown Social Madness champions in 3 categories based on company size. To see the official rules, visit http://www.socialmadness.com/rules.
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