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Zulily’s stunning downfall | Microsoft wins key ruling in security lawsuit

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Fri, Dec 8, 2023 07:03 PM

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Inside Astra Lumina, an immersive light and sound experience in Seattle ADVERTISEMENT SPONSOR MESSAG

Inside Astra Lumina, an immersive light and sound experience in Seattle ADVERTISEMENT [GeekWire]( SPONSOR MESSAGE: Calgary's thriving tech ecosystem offers more than just opportunity: [See why Calgary is your next tech destination.]( TODAY'S TOP STORIES Zulily was once a high-flying Seattle tech startup that went public in 2013 and was acquired by the parent company of QVC in 2015 for $2.4 billion. Now, in a remarkable collapse following its acquisition to a Los Angeles-based private equity firm earlier this year, the online retailer is closing three offices and laying off hundreds of employees, including nearly 300 at its Seattle headquarters, and more than 500 people across two warehouses. [Read more](. - Related: [Zulily hit with lawsuits from vendors]( Microsoft won a key ruling in a lawsuit accusing the company of misusing a security threat intelligence firm’s database of more than 360 million compromised account logins and passwords. A federal judge in Seattle granted Microsoft’s motion to dismiss the suit by Hold Security, but left the door open for the Milwaukee-area company to refile. [Read more](. Startup fundings: Clean energy deal facilitator LevelTen [added]( $10 million to its Series C round, and a new Seattle-based company called Carbon [raised]( $1.3 million to help developers manage LLM data. - Other funding news from this week: Veteran entrepreneur Vetri Vellore [raised]( a giant $26 million seed round for a new startup, expense software company Center [raised]( $30 million, and agtech firm Carbon Robotics [raised]( $8 million. - See all the latest startup investments [with our handy fundings list](. Whoa, starry night! On a winding path through the Seattle Chinese Garden, a new immersive light and sound experience called Astra Lumina plays off the natural surroundings and takes visitors on “an enchanted night walk amongst the stars.” [See the photos and video.]( Real estate and AI: Redfin unveiled a new tool called Redfin Redesign that uses AI to let home shoppers alter the appearance of walls, floors, and countertops on the company's listings. [Read more](. Hot Links: - Amazon refund scam: Amazon alleges that thieves "swiped millions of dollars in merchandise from the company through a series of refund scams that included buying products on Amazon and seeking refunds without returning the goods." ([Bloomberg News]( - Hundreds of patients received threatening emails following a cyberattack on the Fred Hutchinson Cancer Center. ([KUOW]( - Nearly half the respondents in a survey of legal professionals conducted by Seattle startup Lexion say they plan to incorporate AI into their workflow processes. ([Lexion]( Thanks for [subscribing]( to the GeekWire newsletter, and have a great weekend. — GeekWire managing editor Taylor Soper, taylor@geekwire.com; GeekWire reporter Kurt Schlosser, kurt@geekwire.com; and GeekWire co-founder Todd Bishop, todd@geekwire.com. SPONSOR MESSAGE [How can a 10-minute walk to greenspace change a neighborhood?]( Trust for Public Land works to ensure all Washingtonians can access tree-filled parks that improve people’s mental and physical health, and mitigate the impacts of climate change. [Join the movement to create more parks now!]( LATEST HEADLINES [Whoa, starry night! Astra Lumina installation in Seattle blends light, sound in feast for the senses]( [Zulily’s closure of fulfillment centers in Ohio and Nevada will impact more than 500 workers]( [Seattle startup Carbon raises $1.3M to help developers manage external data for LLMs]( [Judge dismisses Hold Security’s lawsuit over Microsoft’s use of stolen account credentials]( [LevelTen, which helps facilitate clean energy deals, adds $10M to Series C round]( [Zulily shutting down offices and laying off 292 employees in Seattle]( [Zulily hit with lawsuits from vendors and more layoffs in latest trouble for struggling retailer]( GEEKWORK: TODAY'S TECH JOBS - [INRIX: Lead Software Engineer]( - [City of Newport: Systems Administrator I or II]( - [INRIX: Finance Pricing Manager]( - [INRIX: Lead Software Engineer, Big Data]( - [Seattle Sounders FC: Director of Lifecycle Marketing]( - [City of Redlands: IT Security Analyst]( - [City of Redlands: Geographic Information Systems (GIS) Analyst]( [FIND MORE JOBS ON GEEKWORK]( [HIRING? BUY A FEATURED LISTING TO APPEAR HERE]( [About GeekWire]( [Contact Us]( [Advertise]( Copyright © 2023 GeekWire LLC, All rights reserved. You are receiving this email because you opted to receive emails from GeekWire LLC.  Our mailing address is: GeekWire LLC 123 NW 36th St, Suite 203 Seattle, WA 98107  [change email frequency or address]( | [unsubscribe](

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