Microsoft’s ambitious ‘carbon negative’ climate goal sets it apart from Amazon and other tech giants

Microsoft CEO Satya Nadella announces a sweeping climate initiative Thursday morning in Redmond. (GeekWire Photo / Todd Bishop) A wide-ranging environmental initiative unveiled by Microsoft this week represents some of the most aggressive goals that climate experts say they’ve seen. Microsoft on Thursday pledged to become “carbon negative” by 2030, removing more carbon than it[…]

Crypto Exchange Bithumb Takes Korean Tax Authority to Court Over $69 Million ‘Groundless’ Tax

Bithumb, a major crypto exchange in South Korea, has taken the country’s tax authority to court over a “groundless” tax imposed on the exchange. Experts explain that currently there are no grounds to tax crypto transactions in South Korea and existing tax laws do not apply to crypto transactions. Also read: Regulatory Roundup: EU-Wide Crypto[…]

Seattle security company ExtraHop touts $150M in 2019 bookings ahead of potential IPO

(L to R): ExtraHop CTO Jesse Rothstein CTO; CEO Arif Kareem; Raja Mukerji, Chief Customer Officer and co-founder (ExtraHop Photo) Cyber attacks against companies are becoming increasingly common and more expensive. Those troubling stats help explain the rapid growth of companies such as Seattle’s ExtraHop that focus on protecting enterprises from cyber threats. ExtraHop posted[…]

Unnecessary Evil: How Government Regulations Kill Crypto Startups and Encourage Crime

Thanks to the EU’s most recent money laundering directive, a small business called Post-a-coin, which sold cute postcards pre-loaded with tiny amounts of bitcoin, is being forced to shut down. Meanwhile, the most heinous criminals in history are continuing to facilitate violence, trafficking and laundering of cash with impunity. Also Read: Why the Counter Economy[…]

Silvergate Bank and Bitstamp Launch Bitcoin Collateralized Loans

U.S.-based Silvergate Bank has launched a bitcoin collateralized loan product with Bitstamp as its launch partner. The crypto exchange will act as the bank’s agent to manage and provide custody for bitcoin collateral. The product utilizes Silvergate Bank’s Exchange Network to fund loans and process repayments in real time. Also read: Regulatory Roundup: EU-Wide Crypto[…]

Ex-Concur CEO Steve Singh joins Madrona as a managing director — here’s how he plans to invest

Steve Singh at the 2017 GeekWire Cloud Tech Summit. (GeekWire File Photo) Steve Singh wants to find the next Concur. The longtime tech executive is joining Madrona Venture Group as a managing director, where he’ll help lead investments at one of Seattle’s most active venture capital firms. Singh was previously chairman, CEO, and co-founder of[…]