Tag: seattle
Big tech commits to paying wages for hourly employees affected by coronavirus plans
Following Microsoft’s lead from late last night, some the biggest technology companies in the U.S. have agreed to pay wages for hourly employees impacted by the ongoing corporate response to the coronavirus outbreak. It’s the right thing for companies to do, from both a health and safety perspective, and to…
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Spaceflight Industries to sell its satellite rideshare launch business to Japan’s Mitsui & Co. and Yamasa
Spaceflight Industries, owner of both Spaceflight, Inc. and BlackSky, is selling the Spaceflight, Inc. portion of its business to Japanese industrial megacorporation Mitsui & Co, and Yamasa both of which will co-own the company in a 50/50 joint venture after its closing. The deal will see Spaceflight continue to operate…
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Real estate startup Homie plans to expand to more cities with $23 million in Series B funding
Homie has made an impression among younger, first-time home buyers in the Utah and Arizona markets for cutting out the traditional closing costs, 6% real estate commissions and arduous paperwork associated with traditional home sales. It now plans to explore opening up in three new markets and will begin a…
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Remitly launches Passbook, a neobank aimed at immigrants, to expand beyond money transfers
Last summer, the Seattle-based startup Remitly closed a $135 million round to go beyond money-transfer services into a wider range of financial products catering to its primarily-immigrant customer base. Today, it’s taking the wraps off a new product that puts paid to that plan: it’s launching Passbook, a new bank…
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Xplore teams up with Nanoracks for commercial deep space exploration
Mostly when we talk about commercial space, and space startups, the focus is relatively close to home – stretching to orbit, and maybe the Moon. But Seattle-based startup Xplore wants to extend the privatization of space further still, through the development of spacecraft and a platform designed for commercial missions…
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