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As Zulily promotes ‘going out of business sale,’ longtime employees reflect on retailer’s impact

GeekWire

(GeekWire File Photo / Kevin Lisota) A message on Zulily’s website this weekend confirms that the online retailer is closing its doors, the latest stage in the rapid downfall of a once high-flying retail brand. The company used an unusual retail business model , selling products on its site before ordering them from vendors.

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Leaning into Retail’s Challenges with Digital Transformation

CIO Business Intelligence

Digital transformation initiatives have picked up in the retail sector in recent years as store chains compete for brand awareness and sales in a rapidly evolving market. By 2026, retailers’ global investments in digital transformation tools are expected to reach $388 billion , growing by 18% a year.

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Seattle rises three spots, cracks the top 10 in annual global startup ecosystem rankings

GeekWire

“The ranking is primarily driven by one question: In which ecosystems will an early-stage startup have the best chance of building global success?” ” the report notes. ” “Founders can draw on legacy experience,” the report said. ” See the full report here. Washington D.C.

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How the Pacific Northwest is playing a key role in the burgeoning world of carbon capture tech

GeekWire

While a relatively modest sum compared to other fields, the sector’s startups had already pulled in nearly $150 million by mid March of this year. Total worldwide investments in the carbon capture sector. Next year they’re partnering with the National Carbon Capture Center in Alabama to test the solvent at a larger scale.

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Google’s exit from big Seattle-area project shows fleeting relationship between tech and communities

GeekWire

‘Significant growth and change’ LeRoy Johnson, center, with employees at his original dealership in Kirkland in 1935. ( Adam Weinstein, Kirkland’s director of planning and building, said Google didn’t provide specifics in regard to why it did not move forward.

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How will rising M&A impact digital transformation?

TM Forum

Late December and early January saw a spate of mergers, acquisitions and divestments in Asia, Europe and Africa, closing out what PWC describes as a strong year of M&A activity in the media and telecoms sector. Recent M&A activity in the telecoms sector. Tiscali’s decision to acquire the retail arm of Linkem.

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GI Partners Buys LA Telecom Hub One Wilshire » Data Center.

Data Center Knowledge

GI Partners has acquired One Wilshire, the leading telecom building in Los Angeles and one of the world’s most wired buildings. Private equity firm GI Partners has acquired One Wilshire, the leading carrier hotel in Los Angeles and one of the most wired buildings in the world, the company confirmed this week.