GeekWire Mid-Week Update, Presented by Wells Fargo

Read the top tech stories so far this week from GeekWire

Top stories so far this week Seattle startup Yesler raises $3.3M for its B2B lumber and building materials marketplace Matt Meyers can build anything he wants, thanks to his decades in the lumber and building materials (LBM) space. What you need to know about the newly detected, more contagious COVID-19 variant In a final parting shot, 2020 delivered this bit of late-breaking bad news: A new variant of COVID-19 has emerged that appears more contagious and last week was confirmed in one man in Colorado and another in California. Haven will shut down, ending joint healthcare bid by Amazon, Berkshire, JP Morgan Haven, the healthcare joint venture led by Amazon, Berkshire Hathaway, and JP Morgan Chase, is shutting down next month. 2021 Predictions: Why these tech, science and startup leaders are upbeat about the year ahead What direction will the tech industry take in the year ahead? What will the recovery look like? When (and how) will U.S. workers return to the office? Which innovations will define the coming year? Which technologies will be overhyped? And how can startups position themselves to succeed? GeekWire surveyed CEOs, tech execs, investors, professors, AI experts, and others from a range of industries and organizations in the Seattle region and elsewhere in the Pacific Northwest to get their take. Amazon Air makes first outright purchase of planes, buying 11 Boeing jets to expand cargo fleet In case there was any doubt, Amazon just signaled just how serious it is about building its own transportation and delivery network. Tech stocks soar in 2020 amid pandemic as Seattle-area companies see valuations spike 2020 was a big year for big tech on Wall Street. Boeing says its composites R&D center will be turned to other purposes, ending an era Boeing says it'll repurpose the facility that has served as the focus for research into the composite materials used in military and commercial aircraft. Well-funded stealthy biotech startup Nautilus hires former Smartsheet, Isilon, GenapSys execs Sujal Patel is getting the band back together at his secretive new biotech startup Nautilus Biotechnology. Teledyne to acquire thermal imaging company FLIR Systems for $8 billion in cash and stock Sensor and imaging technology company FLIR Systems will sell to Teledyne Technologies for approximately $8 billion in cash and stock. IPOs: A hot year for tech offerings shows deep economic disparities In a year when large swaths of the economy sputtered due to the pandemic, Wall Street opened its doors to new entrants with 218 companies raising $78 billion through initial public offerings.

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