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Vancouver, Wash. biotech company Absci files to go public

GeekWire

based company developing technologies to accelerate the process of drug discovery, announced today that it plans to go public via an IPO. The company’s platform is built to design and generate protein-based drug candidates and help screen them for optimal functioning. The company took in $1.1 Net losses were $14.4

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Progressive bridges skills gap with internal coding bootcamp

CIO Business Intelligence

After a friend in Progressive’s IT department suggested Hirz consider joining a programming bootcamp to make a bigger career change, Hirz was intrigued. But just a few months later, she received an email about the Progressive IT Programmer Bootcamp and that her role qualified her for the pilot program. Rosario Ceraolo. Progressive.

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Bezos’ Day 1 Families Fund awards $96M in grants to 32 organizations helping homeless families

GeekWire

A study spanning 2016-2020 found that chronic homelessness had increased at an annual rate of 27% statewide and 42% in Seattle-King County. While the homelessness-related fund has publicly issued four rounds of grants, little has been said about the schools program. million for Portland Homeless Family Solutions, Portland.

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Amazon says it’s permanently banned 600 Chinese brands for review fraud

The Verge

Amazon has now permanently banned over 600 Chinese brands across 3,000 different seller accounts, the company confirms to The Verge. Amazon’s crackdown began amidst reporting by The Wall Street Journal’s Nicole Ngyuen about how companies like RavPower offered gift cards in exchange for reviews.

Policies 145
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Jeff Bezos’ move out of Washington state sparks questions about wealth taxes

GeekWire

Washington state lawmakers recently passed a controversial 7% capital gains tax for gains of $250,000 and up to fund early-childhood education programs and school construction. With a net worth of $160 billion, Bezos would be impacted as a Washington state resident. Bezos has sold billions in Amazon stock over the past several years.

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Gates-led Breakthrough Energy Ventures raises another $1B for investing in climate innovation

GeekWire

Breakthrough Energy Ventures is led by Microsoft co-founder Bill Gates and publicly launched in December 2016. ” In November, one of the startups backed by the fund, QuantumScape went public by virtue of a merger with Kensington Capital, a special-purpose acquisition company, or SPAC.

Energy 143
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Amazon Consumer CEO Jeff Wilke to leave next year, will be replaced by operations chief Dave Clark

GeekWire

Amazon executive Jeff Wilke, long considered a leading candidate to succeed Jeff Bezos as CEO, is leaving the company. “I don’t have a new job, and am as happy with and proud of Amazon as ever,” Wilke said in an internal memo to the company’s worldwide consumer employees on Friday morning. “So why leave?

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