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Amazon e-commerce competitor Wayfair opening Seattle office with plans for 200 tech roles

GeekWire

Of its 16,000 employees, 3,000 work in tech roles for Wayfair, which was founded in 2002. billion in net revenue for the year ending Sept. RELATED: GeekWire’s list of Seattle-area engineering outposts. All of that adds up to competition for Amazon as far Andy Jassy sees it.

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Lockheed Martin announces a deal to acquire Aerojet Rocketdyne for $4.4 billion

GeekWire

The Redmond facility began operation in 1968 as Rocket Research, and was acquired by Aerojet in 2002. billion, including the assumption of net cash. It also marks a change of ownership for Aerojet Rocketdyne’s space propulsion facility in Redmond, Wash., one of the Seattle area’s oldest space ventures.

.Net 141
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The end of digital transformation and the rise of business model innovation

CIO Business Intelligence

Following the unprecedented proliferation of genAI with the launch of OpenAI’s ChatGPT in 2002, executives were forced to reckon with the effectiveness of digital transformation to date. CEOs are optimistic however, with 44% projecting genAI contributing to a net increase in profits and 35% anticipating an increase in revenue.

Strategy 362
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Finding startup opportunities in the pandemic; Windows 11 launch; Defending the Blue Yeti mic

GeekWire

Nadkarni founded mobile wireless email pioneer TeamOn Systems, acquired by Blackberry in 2002, and co-founded language learning site Livemocha, acquired by RosettaStone in 2013. million net loss in 2020. In the news this week … Microsoft announced an Oct. It posted $257 million in revenue and a $32.5

Windows 134
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Biotech experts wary of Pfizer cutting Seagen workforce — but history reveals silver lining

GeekWire

Stewart Lyman , a recently retired biopharma consultant, was laid off in 2002 when Amgen acquired Immunex, which then had 1,590 employees in the Seattle region. Seagen reported $2 billion in revenue and a net loss of $610 million for 2022, along with $1.3 Amgen promised to retain Immunex’s R&D team.

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Tech Moves: Microsoft hires activist fired by Amazon; ex-Sprint CEO leaves F5 Networks board

GeekWire

Costa first joined Amazon in 2002 and was an employee for more than 15 years, working as a UX designer on the retail website, Amazon Go, and Alexa Shopping. Amazon meanwhile has promised to become net carbon neutral by 2040, and in fall 2019 started the Climate Pledge , an effort to get corporations to join it in committing to climate goals.

CTO Hire 138
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Finding my way to tech entrepreneurship: An immigrant’s perspective

GeekWire

This was very rare for someone in my economic strata, as you had to be from a high net worth family to be allowed into the U.S. Later that fall of 2002, I got a call out of nowhere from a recruiter at Nokia. mostly using borrowed books and talking to wealthier friends who had access to some of this information.