Top Stories on GeekWire: Dec. 22, 2024 – Week in Review
Last week was filled with some exciting stories in the world of technology and startups. Here’s a roundup of the most popular articles on GeekWire from the week of December 22, 2024.
First up, Vancouver fintech company Bench Accounting made headlines with its sudden shutdown. The company, known for providing online bookkeeping services to small businesses, surprised many with this decision.
Instacart also grabbed attention by joining Uber in a lawsuit against Seattle over a new ordinance that regulates how companies can deactivate workers using on-demand apps. This legal battle is certainly one to watch.
On a positive note, early Microsoft leaders are diving deep into the world of AI with the Seattle-area startup Total Neural Enterprises. It’s always exciting to see tech pioneers exploring new frontiers.
In other news, Washington senator Joe Nguyễn, with roots in Microsoft, is gearing up to lead the state’s Department of Commerce. This leadership transition is worth keeping an eye on.
Meanwhile, OpenAI’s o1 reasoning model has sparked interest as an intriguing development in AI technology. It’s fascinating to see how AI continues to evolve.
Turning to the startup scene, we highlighted four new Seattle-area startups that are gaining ground. It’s inspiring to see innovative companies emerge and grow.
A startup led by Seattle doctors also made waves with FDA approval for virus-killing surgical mask technology. Their work is a testament to the power of innovation in addressing pressing global challenges.
In retail news, Nordstrom, a Seattle institution, is set to go private in a significant deal valued at $6.25 billion. The transformation of this iconic retailer is a reminder of the changing landscape of commerce.
And looking ahead, venture capital firm Flying Fish is on the lookout for new opportunities with the launch of a new ‘Opportunity Fund.’ It’s exciting to see the investment landscape evolve.
Lastly, in our new business advice column, an expert tackles the question of how to monetize AI agents. It’s a timely and important topic in today’s tech-driven world.
That wraps up this week’s highlights in tech and startups. Stay tuned for more exciting developments in the weeks to come.
