Take that, California: Washington state is still the king of software
By Todd Bishop on Wednesday, April 28, 2010, 1:16pm PDT
California is still the country's dominant technology hub, far outpacing other states in overall tech employment, wages, and just about every other measure, according to a report released today. But our own Washington state remains the biggest force in the software publishing industry, thanks largely to Microsoft. Those were among the findings issued today in the TechAmerica Foundation's CyberStates 2010 report -- which, despite the name, is based on data from 2008, the most recent year for which state-by-state numbers are available. | | SPONSORED POST | CoreLink Data Centers - Deal of the Decade
The Deal of the Decade: Colocation Pricing - Great Entry Level Offering for Colocation Solutions CoreLink Data Centers offers pre-packaged bundles for data center solutions, including colocation, in secure, environmentally controlled locations. More information here. |  | | Spiration raises cash to fund emphysema clinical trials
By John Cook on Wednesday, April 28, 2010, 12:33pm PDT
Spiration, a Redmond medical device company working on treatments for emphysema, has secured $6.5 million in debt financing, according to a filing with the SEC. The company confirmed the amount, and noted in an email to TechFlash that the money would be used to continue funding clinical studies as well as sales of its IBV Valve System. | | SPONSORED POST | Powerful Connections breakfast, April 30th
Come hear Scott Oki keynote, and support NPower's work in the non-profit community. Generous support from our sponsors (Microsoft, Accenture, Point B, Lake Partners, the Bill & Melinda Gates Foundation), means all donations at the event will go directly to technology know-how for nonprofits. RSVP here. |  | | Garden.com founder surfaces with new startup DigtheDirt.com
By John Cook on Wednesday, April 28, 2010, 10:26am PDT
Garden.com attracted more than $100 million in venture capital during the late nineties, going on to raise another $49 million through an initial public offering in 1999. But, like so many of the high-flying startups of that era, the Austin, Texas startup withered and died. In 2001, Walmart and gardening company W. Atlee Burpee & Co. gobbled up the assets for just $4 million. Now, Garden.com co-founder Cliff Sharples is cultivating a new idea. It's called DigtheDirt.com, and it is picking up where the Internet entrepreneur last left off. "I am so excited to be in the gardening space again," said Sharples, who now calls the Seattle area home. | | SPONSORED POST | Seattle University Software Engineering
Upgrade your career! Earn your Masters degree while continuing to work full-time. Our balanced curriculum of technical and management courses enhances professional leadership in planning, design and development of today's software systems. More information here. |  | | Microsoft, HTC reach patent deal over Google Android phones
By Todd Bishop on Tuesday, April 27, 2010, 11:31pm PDT
Hold on to your hats, or maybe your patents, because Microsoft just threw a big twist into an intellectual-property saga that has been gripping the mobile industry. And no, we're not talking about the lost iPhone prototype. The Redmond company says mobile-phone maker HTC will pay Microsoft an undisclosed sum to license a series of patents that, according to Microsoft, cover technology in HTC mobile phones that use Google's Android operating system. Of course, that would be the same HTC that Apple has sued for patent infringement over the same Google Android devices. HTC also makes Windows Phones, so it might seem that Microsoft, through the deal, is providing its partner with IP ammunition to use in its defense against Apple, Microsoft's longtime rival. But that isn't what's happening. Instead, the deal represents Microsoft drawing a line in the sand against its other archrival, Google -- and asserting that Microsoft, like Apple, believes Android infringes on its patents. The HTC deal represents the first in what Microsoft hopes will be a series of patent peace accords with Android device makers. | | FEATURED SPONSOR POST | Attention Web Developers
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By John Cook on Tuesday, April 27, 2010, 7:58pm PDT
Bezos, Dell and Carey represent one of the more interesting investment syndicates we've seen in some time. But their involvement starts to make sense when you realize that Qliance was initially bankrolled by Nick Hanauer, the Seattle venture capitalist who was one of the earliest backers of Amazon.com. | Market Leader; Seattle Genetics; Isilon; Novinium and more
By John Cook on Tuesday, April 27, 2010, 3:16pm PDT
Market Leader, the Kirkland company that provides online marketing tools to real estate agents, today posted revenue of $5.8 million and a net loss of $3.4 million. That compares to a net loss of $2.8 million for the same period last year. Shares of the company were down more than four percent, trading at $2.20. It finished the quarter with $49 million in cash and cash equivalents. Redfin's Scott Nagel chats with NPR's Tess Vigeland about the history of the company as well as the initial reaction to the product from the real estate industry. Full transcript and audio interview here. Seattle Genetics today reported "strong" financial results for the first quarter, posting revenues that increased by more than five fold over the same period last year and net income of $11.5 million. The biotech company saw revenue soar to $46.5 million, up from $9.1 million during the first quarter of last year. The revenue surge was boosted in part by a collaboration deal with Genentech. The company's cash position also was strengthened -- to $331 million -- driven in part by payments from Millennium and GlaxoSmithKline. Alley Insider's Chart of the Day shows how Amazon.com's revenue is diversifying, with less than half of sales now coming from books, movies and music. | |
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