Amazon unveils $2 billion climate fund: The company on Tuesday
launched The Climate Pledge Fund, a new venture capital investment program that will funnel an initial $2 billion into startups building sustainable technologies across various industries such as transportation, food, manufacturing, and more. The fund is part of Amazon’s Climate Pledge
announced by the tech giant last year as the company promised to become net carbon neutral by 2040.
Tech leaders slam Trump’s visa ban:
Amazon and other tech leaders criticized an executive order that will further restrict immigration to the U.S.
See the reaction.
Apple chip shift: The biggest news out of
Apple’s annual WWDC event — held virtually for the first time — was the company
confirming plans to shift its Mac lineup to its own processors, moving its notebook and desktop computers away from Intel chips after 15 years. Microsoft and Adobe
are already updating their software for the new architecture.
Microsoft announces sweeping racial justice plan: Over the next three years, the company says it will double its number of Black-owned suppliers and spend an incremental $500 million with those companies; double its investment activity with Black-owned financial institutions, including a $100 million FDIC program; and establish a $50 million investment fund to support Black-owned small businesses. That's just the start of an ambitious racial justice plan
announced by CEO Satya Nadella on Tuesday morning.
Mixer is over: Microsoft will shutter its video game live-streaming platform, four years after it launched Mixer to compete with Amazon’s Twitch and others. Microsoft will instead partner with Facebook Gaming and move its Mixer community to the social media giant’s own gaming platform.
Read more.
Sana raises $700M: The secretive Seattle biotech company
just announced one of the largest venture financing deals in the life sciences industry and one of the biggest rounds on record in Seattle.
Are you still using Rosetta Stone CD-ROMs? FYI: It ain’t 1995 anymore. But there’s good news: “legacy customers”
have a chance to claim a free lifetime subscription to the modern version of Rosetta Stone. We spoke with longtime Seattle tech veteran Matt Hulett, now president of the language learning company, to find out more.
AnswerDash acquired by CloudEngage: Nearly eight years after launching out of the University of Washington,
AnswerDash has been acquired by a fellow Pacific Northwest company.
Wyze launches $49.99 outdoor cam: It’s been the most-requested product since the Seattle company started in 2017, and undercuts competitors on price.
Read more.
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GeekWire editor Todd Bishop, todd@geekwire.com, and managing editor Taylor Soper, taylor@geekwire.com.