TechFlash Founders Leave to Launch GeekWire

 
 

Technology reporters Todd Bishop and John Cook have departed TechFlash, the company they founded, and unveiled a new enterprise, GeekWire.

Touting itself as an “independent technology news source,” GeekWire will cover technology news in the Pacific Northwest.  In a video posted to their new site, Cook and Bishop said hearing the stories of local entrepreneurs inspired them to take the plunge.

The new site will provide insights into technology news based on “old-fashioned reporting.” Cook and Bishop stressed the site’s design was preliminary and will continue to evolve in the coming months.

Two of the premiere technology reporters in the Pacific Northwest, Cook and Bishop founded TechFlash two and a half years ago. The site is part of the Puget Sound Business Journal.

With the departure of Cook and Bishop, reporters from the Puget Sound Business Journal will contribute to TechFlash as the company looks for a new editorial board.

Microsoft Buying LinkedIn for $26.2 billion

Microsoft Buying LinkedIn for $26.2 billion

Nadella calls it a marriage of 'leading professional cloud' and 'leading professional network.'
 
 

Microsoft on Monday announced that it is buying LinkedIn for $196 per share in an all-cash transaction valued at $26.2 billion, inclusive of LinkedIn’s net cash. Microsoft says LinkedIn "will retain its distinct brand, culture and independence." Jeff Weiner will remain CEO of LinkedIn, reporting to Satya Nadella, CEO of Microsoft. The transaction is expected to close this calendar year. 

Here is Microsoft's announcment of the agreement, and here is Nadella's email to Microsoft employees, in which he describers the acquisition as bringing together "the world’s leading professional cloud with the world’s leading professional network."