Facebook now has 2B monthly users as it beats earnings expectations with $9.3B in revenue

(BigStock Photo). Facebook reported its 2017 second quarter earnings today. Here’s what you need to know: Facebook reported GAAP earnings per share of $1.32 on revenue of $9.32 billion, up 45 percent year-over-year. Analysts expected earnings per share of $1.11 on revenue of $9.2 billion. (Note: Facebook no longer reports non-GAAP expenses, income, tax rate, and earnings per share) Facebook has now exceeded earnings expectations in 20 of its 21 reports since going public in 2012. It is also the seventh straight quarter of Facebook growing revenue by more than 45 percent year-over-year, though revenue growth overall is declining. Facebook’s Q2 Revenue: 2017: $9.3 billion2016: $6.4 billion2015: $4.0 billion2014: $2.9… Read More

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In updated IPO filing, Redfin says its co-founder is threatening patent suit

David Eraker. (Via LinkedIn) Two days before its initial public offering, Redfin disclosed in an updated regulatory filing today that its co-founder and former CEO is threatening litigation against the company over one of its pending patent applications. The letter was received from a lawyer for David Eraker on Monday of this week, according to Redfin’s updated S-1 filing: On July 24, 2017, we received a letter from counsel to David Eraker, one of Redfin’s founders and our former CEO. The letter asserts a variety of claims against us, Paul Goodrich, a director, and Madrona Venture Group, an investor, related to events prior to Mr. Eraker’s departure from Redfin in… Read More

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Amazon revs up its robotics challenge at RoboCup, with $250,000 in prizes at stake

The robots are unloaded and ready for practice runs at the Amazon Robotics Challenge. (Facebook Photo) Teams from around the world are competing to help create more efficient robots for Amazon — robots that can pick up and stow items into boxes, and help some teams walk away with hefty cash prizes. Sixteen teams are in the running this year at RoboCup 2017 in Nagoya, Japan. They’ll start the competition on Thursday and finish off on Sunday. Most of the teams are from universities, but some have companies such as Mitsubishi and Toshiba in their troop. The judges for the Amazon Robotics Challenge will select the winner after putting the… Read More

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United Launch Alliance agrees to deliver Astrobotic’s lander to the moon in 2019

An artist’s conception shows the Peregrine lunar lander on the moon’s surface. (Astrobotic Photo) In two years, it will be the 50th anniversary of the historic Apollo 11 moon landing, and Astrobotic Technology wants to celebrate by going back — this time sending their robotic Peregrine lunar lander. The former Google Lunar XPRIZE contender today announced a deal with United Launch Alliance for launching the lander and up to 77 pounds (35 kilograms) of payload to the moon on an Atlas 5 rocket in 2019. Pittsburgh-based Astrobotic plans to serve commercial space companies, universities, nonprofit organizations and the government by deploying payloads into orbit before the lander’s descent, setting them… Read More

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UW researchers discover a recipe to regenerate retinal cells in mice

A microscopic view documents how glial cells in the retina can be transformed into functioning neurons. (UW Photo / Tom Reh Lab) University of Washington researchers have found a way to activate cells in the retinas of adult mice to turn into new neurons – a recipe that eventually could lead to new treatments for human eyes damaged by trauma and disease. UW biologist Tom Reh, one of the authors of a research paper on the experiments published by the journal Nature, said it’s too early to talk about cures – but not too early to talk about hope. He told GeekWire that the newly published work on cell conversion… Read More

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Nintendo Switch console sales reach 4.7M in 4 months as company beats earnings expectations

(Nintendo Photo) Nintendo beat expectations for its quarterly earnings report today thanks to higher-than-expected demand for its new Switch hybrid console. The gaming giant posted $145 million in operating profit for the April-June quarter and reported 1.97 million unit sales of the Switch console, which beat analyst estimates. The Switch, which features a hybrid home/on-the-go design, distinctive controllers, and games that are sold on cartridges, has been a hit since it was released in March and is sold out virtually everywhere. It’s helped Nintendo rebound from the last few years when the company struggled to turn a profit amid slumping Wii U sales. Nintendo, which has increased production to meet… Read More

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Amazon hiring another 50K fulfillment employees, holds new ‘Jobs Day’ events at warehouses

Cyber Monday 2016 at Amazon Fulfillment Center in Dupont, Wash. (GeekWire Photo / Kevin Lisota) Amazon needs more workers. The Seattle tech giant announced today that it plans to hire another 50,000 employees across its U.S. fulfillment network. About 80 percent of those openings are for full-time roles, with another 10,000 part-time jobs at the company’s sortation centers. Amazon will host its first-ever “Amazon Jobs Day” on Aug. 2 at 10 of its fulfillment centers where interested folks can learn more about the job opportunities. The company will make thousands of job offers that day to people who apply on-site. Amazon said in January that it planned to add another… Read More

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How T-Mobile is using containers in production to increase uptime and save money

T-Mobile’s Thom McCann shows off a dashboard reflecting its container usage, while Amreth Chandrasehar peeks over his shoulder. (GeekWire Photo / Tom Krazit) After a year of running containers in production, T-Mobile felt comfortable enough Tuesday night before a crowd of Seattle techies to give them a peek behind the curtain at its live production systems. Around 100 people packed into the offices of SURF Incubator for a classic beer-and-pizza tech talk led by Thom McCann, senior manager at T-Mobile and overseer of the wireless company’s container strategy. T-Mobile is still edging onto the cloud: it’s running about 15 percent of its app workloads on Amazon Web Services, McCann said,… Read More

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Microsoft launches new container service, joins Cloud Native group, isolating AWS on Kubernetes

Microsoft is increasingly working with and contributing to open-source projects, particularly in the cloud, under CEO Satya Nadella. (Microsoft File Photo) Microsoft’s cloud business is making two notable moves involving containers Wednesday — unveiling a new service that aims to make it much easier to get up and running with containers, and joining a key industry foundation that oversees the open-source Kubernetes container orchestration project. The moves, embracing an orchestration technology that originated inside Google, bring Microsoft’s container strategy into sharper focus and present some interesting decisions for public cloud juggernaut Amazon Web Services. Microsoft’s new Azure Container Instances service, available as a public preview for Linux containers, allows developers… Read More

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The Amazon Effect: Seattle is the top city, and retail the top industry, for software job growth

Seattle’s software developer job market is hot. (Bigstock Photo) Seattle is the fastest-growing U.S. city for software developer jobs, according to a new report from job database Glassdoor. The study also revealed that U.S. retail saw more gains in software jobs in the past five years than any other industry. Both of those findings go together, of course, given Seattle’s status as home to the king of online retail, Amazon. Software jobs in Seattle grew 6.7 percent in the past five years, according to the report. In contrast, San Jose, which sits right in the middle of the Silicon Valley tech nerve center, saw software jobs decrease by 7.7 percent… Read More

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