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Seattle startups among winners in BECU and CoMotion fintech incubator competition

GeekWire

From left: Dennis Williams, CEO of My Financial Therapist; Joseph Gracia, founder and CEO of Nickels; and Nate Derby, CEO of Stakana. Stakana , based in Seattle, is developing AI-powered analytics tools to help credit unions and community banks segment audience bases, personalize outreach, and identify customer attrition.

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Sam Altman’s ouster puts a new twist into OpenAI’s complicated relationship with Microsoft

GeekWire

Reports overnight indicate that a conflict between Altman’s ambitions for OpenAI and the mission of the nonprofit were at the core of the board’s decision to oust him as CEO and remove OpenAI co-founder and President Greg Brockman as chairman. The developer day was an issue. At the event, on Nov.

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ACC Foundation Releases Extensive State of Cybersecurity Report

CTOvision

Our clients include Fortune 500 companies, financial institutions, life sciences and technology companies, health systems, investors and developers, government agencies and sponsored enterprises, educational institutions, and nonprofit organizations. PPL forms program for nonprofit groups (republicanherald.com).

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Released from court oversight, a Seattle research institution rebrands and resets

GeekWire

After cutting budgets and paying debts, the institute has now re-emerged as a leaner enterprise with new philanthropic support. It also was set up as a nonprofit that operated like a biotech company, taking discoveries through early-stage research to manufacturing and clinical trials. The project is funded by the U.S.

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Volkswagen drives the automotive industry cloud forward

CIO Business Intelligence

For most enterprises, this involves deploying existing industry-specific offerings from SaaS providers or hypervisors. For the innovative few, co-creating custom industry solutions in conjunction with cloud providers can not only fulfill an internal need but also provide the opportunity to develop a new source of revenue from their IT IP.

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The power of giving away 50% of your profits

Trends in the Living Networks

Companies giving away a percentage of their profits to charity is the result of two trends converging: nonprofits becoming more commercial, and fully commercial businesses seeking to have a social impact. It also gave us the benefit of being able to have equity in the business,” says Griffiths, something a nonprofit is unable to offer. “It

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How public radio is trying to save print

The Verge

A final deal would combine their newsrooms and audiences in hopes of creating a financially stable enterprise for both teams. Part of the financial health of public media stations in general involves the financial perks of being a nonprofit. WBEZ reaches 550,000 weekly broadcast listeners.