GeekWire

GeekWire is a tech news platform based in Seattle that focuses on both emerging startups and well-known tech firms. It was established in March 2011 by experienced journalists Todd Bishop and John Cook, with financial backing from Jonathan Sposato.

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‘We lit a fire’: Spencer Rascoff’s Match Group overhaul reflects broader tech reckoning

2 days ago | geekwire.com | Todd Bishop

A familiar name pops up at the end of a Wall Street Journal article today about the new balance of power between tech companies and workers in the age of artificial intelligence: Spencer Rascoff. The former CEO of Seattle-based Zillow Group now leads Match Group, the parent company of Tinder, Hinge, and OkCupid. Last week, he announced plans to cut 13% of the workforce — 325 jobs — while touting a leaner structure, faster product cycles, and a growing role for AI in the dating experience.
AI boom and D.C. hot mics: OpenAI and Microsoft go to Washington, Amazon surveys the field

4 days ago | geekwire.com | Todd Bishop

This week on the GeekWire Podcast: The rapid acceleration of artificial intelligence takes center stage in business technology spending, in Washington D.C., and in the global tech power struggle. We break down a headline-grabbing U.S. Senate hearing on AI and U.S.–China competitiveness, featuring testimony from Microsoft’s Brad Smith and OpenAI’s Sam Altman. There was also a fun Seattle tech callback in the form of a hot-mic moment from Sen. Maria Cantwell during Sen. Ted Cruz’s opening statement.
Tech Moves: Microsoft AI adds CVP; WatchGuard CEO steps down; Amazon vet joins Hims & Hers

5 days ago | geekwire.com | Lisa Stiffler

Former Meta and Time Warner exec Mark D’Arcy is joining Microsoft as a corporate vice president working on the tech giant’s consumer AI products. D’Arcy is the new global creative director for Microsoft AI, reporting to Microsoft AI CEO Mustafa Suleyman. D’Arcy spent more than a decade at Meta in creative and marketing leadership roles. He was at Time Warner for nearly seven years as chief creative officer and later president.
Bill Gates details optimistic plan for foundation’s final chapter amid ‘incredible crisis’

6 days ago | geekwire.com | Lisa Stiffler

The Gates Foundation celebrated its 25th anniversary today with a talk and Q&A featuring co-founder Bill Gates, who shared that he would be pouring $200 billion, nearly all of his wealth, into the philanthropy and that the organization would disperse all of its funds over the next two decades. On a small stage before invited guests at New York City’s Carnegie Hall, Gates presented a history of the world’s largest philanthropy and shared its progress in global health, education and agriculture.
Melinda French Gates offers her thoughts as Gates Foundation makes plans to sunset in 2045

6 days ago | geekwire.com | Lisa Stiffler

As the Gates Foundation today announced that the 25-year-old global philanthropy will sunset in another two decades, co-founder Melinda French Gates weighed in on the influential organization’s legacy.
OpenAI CEO Sam Altman says ChatGPT will 'probably not' replace Google as main search engine

6 days ago | geekwire.com | Todd Bishop

A U.S. Senate subcommittee hearing on American AI competitiveness this morning stretched for more than three hours — long enough for the conclave to choose a new pope, as Sen. Amy Klobuchar noted — covering topics including chips, trade, data centers, regulation, energy, workforce, and competition with China. But one of the most interesting exchanges, from the perspective of tech industry competition, came from OpenAI CEO Sam Altman in response to a question from Sen.
Bill Gates pledges to give away $200 billion over next 20 years, winding down foundation by 2045

6 days ago | geekwire.com | Lisa Stiffler

Bill Gates today announced plans to give away $200 billion — nearly all of his wealth — over the next two decades through the Gates Foundation, an organization focused on global health and other social initiatives. The foundation, which is celebrating its 25th anniversary this year, will sunset its operations by 2045. The philanthropy has disbursed $100 million since its founding. “There are too many urgent problems to solve for me to hold onto resources that could be used to help people.
Porch swings to surprise profit after latest business remodel - stock soars 68%

1 week ago | geekwire.com | Todd Bishop

Porch Group’s stock shot up nearly 68% on Wednesday, a day after the company reported a surprise profit and raised its outlook for the year — a sign that the latest overhaul of its business is starting to show results for the Seattle-based provider of home services software and insurance products. The key was strong performance in Porch’s insurance-related operations, following a shift away from directly selling policies, earning fees by managing them instead.
Interlune announces deals for moon mining equipment — and for selling lunar helium-3

1 week ago | geekwire.com | Alan Boyle

Seattle-based Interlune provided a triple-barreled update today on its progress toward mining helium-3 on the moon and returning that resource to Earth. The startup joined Vermeer Corp., an industrial equipment manufacturer headquartered in Iowa, to unveil a full-scale prototype of an excavator that’s designed to ingest 100 metric tons of moon dirt in an hour. After the helium-3 is extracted, the machine would drop the rest of the dirt back onto the lunar surface in a continuous motion.
Microsoft protects Seattle-sized Washington forestland to help shrink its carbon footprint

1 week ago | geekwire.com | Lisa Stiffler

Microsoft signed a deal to protect a swath of Washington forest that’s bigger than the city of Seattle as a strategy for shrinking its carbon footprint. The partnership with EFM will support climate friendly forestry practices on 68,000 recently acquired acres on the Olympic Peninsula, which is known for its towering temperate rainforests. The deal will provide Microsoft with 700,000 carbon credits over the next decade.