An observant TechFlash reader the other day noticed moving trucks outside Cray's long-time Pioneer Square headquarters, prompting speculation that the supercomputer maker might be leaving the city. Not at all, says public relations director Nick Davis. The company is just moving a few blocks away, taking three floors at 901 5th Avenue in downtown Seattle. Cray -- which employs 141 in Seattle and 840 people worldwide -- has about the same amount of square footage in the new building (54,000) as it did in Pioneer Square. The company decided to move because its lease was finished, Davis said.
Jazz legend Wynton Marsalis has released his new album -- He and She -- exclusively on the Seattle online music site iLike for the first 24 hours. It will debut in retail stores tomorrow. Marsalis said he chose iLike because it allowed him to more directly interact with his fans.
PopCap Games today introduced a new $4.99 iPhone application for the game Bookworm, a word game that allows users to shake the phone in order to scramble letter tiles.
Pharmaceutical giant Merck Serono has set up a $55 million venture fund to bankroll new biotech ventures.
Amazon's Jeff Bezos was among the new names that made it onto Barron's list of most respected CEOs this year.
The Financial Times reports on Amazon.com's launch of a new ecommerce site in Japan devoted to shoes and accessories. The new site, Javari, is similar to Amazon's Endless.com business in the U.S., and is part of a "a broader international expansion" by Amazon, the report notes.
San Francisco-based Industry Ventures, the secondary VC fund that recently bought the holdings of Washington Mutual's venture portfolio, including stakes in Madrona, Arch Venture Partners and Maveron, has raised a $265 million fund, according to TheDeal.com
Headline of the day comes from Brad Feld: "A VC's Biggest Flaw: Arrogance."
READ MORE and COMMENT
No comments:
Post a Comment