Senate passes ‘historic’ investment in U.S. innovation and tech

Microsoft earnings recap | Bill Gates holds court | Startup leaders on the economy ADVERTISEMENT [GeekWire]( SPONSOR MESSAGE: GeekWire's Rooftop BBQ + Sounders Day returns on Tuesday, August 2nd: [Last chance to get tickets to the party of the summer!]( TODAY'S TOP STORIES Senate passes Chips and Science Act: The bill, deemed a historic investment in technology and job creation, [authorizes nearly $250 billion of spending]( to bolster innovation and tech hubs in America, including support for basic research and strengthening the manufacturing of semiconductor chips. Washington Sen. Maria Cantwell (above) helped spearhead the effort. “This is about innovation everywhere, this is about growing opportunity everywhere,” she said on the floor of the Senate before the vote was taken. PC sales slowdown curbs Windows profits: The end of the PC’s pandemic renaissance illustrates why it was so critical for Microsoft to expand aggressively into cloud infrastructure and subscription-based online services starting more than a decade ago. [Read more](. More from Microsoft’s earnings report: - [Microsoft earnings come up short, hit by global economic trends and cutbacks]( - [Microsoft is the latest tech giant to report decelerating advertising revenue]( Tech Moves: Amazon promotes two execs to senior vice president; Providence EVP lands at Teladoc Health; [and more personnel changes](. Related: [Lucas Joppa, Microsoft’s first chief environmental officer, departs]( Startup helps renters with maintenance requests: Seattle-based Latchel is now used in more than 100,000 homes nationwide, up from 33,500 units in 2019. [It just raised $16.7 million to fuel growth](. How is the shaky economy impacting startups? We polled Seattle startup leaders last night at a BBQ hosted by the Allen Institute of Artificial Intelligence to get their take on the economic uncertainty and effect on businesses. [Here’s what they said](. Bill Gates holds court: The Microsoft co-founder is known for his bridge and tennis pursuits, but he also admitted that he’s been playing pickleball — a rapidly growing sport in the U.S. — for more than 50 years. [Read more.]( Likewise gamifies movie and TV content: The Seattle-area startup is tapping into “Wordle” and “Heardle”-style popularity with The Likewise Arcade and games geared toward streaming media fans. [Read more.]( Thanks for reading, and have a great day. — GeekWire managing editor Taylor Soper, taylor@geekwire.com, and GeekWire reporter Kurt Schlosser, kurt@geekwire.com. 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[Schedule a demo and see how Deskbee can help.]( LATEST HEADLINES [Profits decline in Microsoft’s Windows division for first time since height of pandemic]( [T-Mobile adds 1.7M customers, shares climb despite missing earnings expectations]( [Senate passes Chips and Science Act, a ‘historic’ investment in U.S. innovation and tech]( [Startup’s ‘Likewise Arcade’ taps into ‘Wordle’-style popularity to gamify streaming TV and movies]( [We asked Seattle startups about the economy and its impact on their business]( SPONSORED: GEEK REAL ESTATE [Timeless Elegance in Issaquah]( [Seattle startup making it easier to manage single-family rental properties raises $16.7M]( [Microsoft is the latest tech giant to report decelerating advertising revenue]( [Microsoft Chief Environmental Officer Lucas Joppa departing to take role at private equity firm]( [Biotech startup developing therapies that match molecules in human milk withdraws IPO filing]( [He’s kind of a big dill: Bill Gates on his pickleball past, a sport he’s been playing more than 50 years]( [Microsoft earnings come up short, hit by global economic trends and cutbacks]( [Tech Moves: Amazon promotes two execs to SVP; Providence exec named Teladoc COO; and more]( GEEKWORK: TODAY'S TECH JOBS - [INRIX: Full Stack Software Engineer]( - [INRIX: Senior Frontend Engineer]( - [Resolution Bioscience, a part of Agilent: Sr. DevOps Engineer]( - [THOR Industries: Director of Digital Customer Experience]( - [INRIX: Senior Software Engineer]( - [Creative Destruction Lab - Seattle: SITE DIRECTOR – CREATIVE DESTRUCTION LAB]( - [INRIX: Software Engineer]( - [Fred Hutchinson Cancer Center: Director of Design]( [FIND MORE JOBS ON GEEKWORK]( [HIRING? 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