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Seattle approves new city budget that plugs shortfalls with surplus revenue from business tax

GeekWire

Amazon’s Spheres and other buildings at the company’s headquarters campus in Seattle. Now the city is using the surplus to help close major gaps in its budget. ” Seattle already faced operating deficits of $141 million for 2023 and $152 million for 2024 before the budget planning process began this fall. .

Budget 77
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Google Cloud growth slows as Alphabet net income plunges

CIO Business Intelligence

Even though Google Cloud revenue growth showed signs of slowing, it nevertheless provided something of a bright spot as parent company Alphabet — hit hard by the tightening of customer budgets — posted a year-over-year decline in net income for its 2022 fourth quarter. Net income (profit) was $13.6 from the $61.2

.Net 52
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How Splash Made a Splash at Dreamforce (on a Budget)

The Investing Edge

For startups who don’t have the budget to buy a booth, take over a coffee shop, host a concert, or send the whole company to San Francisco for a week, this is an especially helpful guide on how to get the best return on a conference like Dreamforce. Pre-Dreamforce. This is how the costs broke down: 1. To Booth or Not to Booth?

Budget 87
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Seattle office market continues to struggle as vacancy rates rise for ninth consecutive quarter

GeekWire

It also marked the ninth straight quarter of negative net office absorption, which is calculated by the total amount of space leased minus the total space vacated in a given quarter. Companies are reducing real estate footprints with the adoption of hybrid work policies. at the end of 2023, the ninth consecutive quarterly increase.

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Customer service, especially field service, helps companies outperform competitors and drive growth

CIO Business Intelligence

We can expect that every company is going to react this way in times of uncertainty. Where winning companies deviate from the norm is that they look for opportunities to attract and retain customers by making experience and service a signature competitive advantage. There’s much to be done. Only 26% of U.S.

Company 116
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Seattle lawmakers axe funds for gunshot detection tech that was part of mayor’s public safety push

GeekWire

billion city budget for 2023 will not include funds sought by Mayor Bruce Harrell for gunshot detection technology. The technology being sought, developed by companies such as Fremont, Calif. All proposed funding was eventually cut from the budget. The City of Seattle is facing major shortfalls in its budget.

Budget 112
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Netflix’s subscriber growth slows, but company isn’t worried about running out of content

The Verge

Netflix’s business soared during the pandemic , but as it heads into 2021 and faces a potential shortage of films and movies, the company will have to prove it can continue performing. Netflix reported its third quarter earnings today, and although Netflix is acknowledging slower growth, the company is still adding subscribers.

Company 84