Haunted by breaches, Microsoft says it’s ‘putting security above all else’

Bill payment company Doxo disputes FTC lawsuit | AI fuels hot streak at UW’s Institute for Protein Design ADVERTISEMENT [GeekWire]( SPONSOR MESSAGE: Science Firsthand: [Learn how Bristol Myers Squibb unlocked the potential of CAR T cell therapy.]( TODAY'S TOP STORIES Microsoft CEO Satya Nadella (above) has made a habit of touting the growth in the company’s security technology business on earnings calls. This time he made a pledge instead, illustrating the immense pressure on the company to shore up its defenses after a series of high-profile cyberattacks impacting its customers around the world. [Read more](. - Meanwhile, on Wall Street, the big focus after [Microsoft’s earnings report]( was the AI demand fueling the company’s growth, and the capital expenditures needed to keep up. - Related: [What’s the real story of Xbox in 2024? Latest financials from Microsoft offer mixed signals]( Seattle-based bill payment company Doxo is disputing the FTC’s allegations that it has deceived consumers into thinking it’s an official channel for the companies they’re seeking to pay, adding unwanted fees and using web design tricks to get them to sign up for unnecessary subscriptions. The lawsuit was filed Thursday in federal court in Seattle. [Read more](. Clean aviation company ZeroAvia celebrated the opening of a new 136,000-square-foot manufacturing facility in Everett, Wash., and announced it will be selling components of its hydrogen-electric airplane engines to other commercial companies. [Read more.]( Artificial intelligence is helping to fuel a hot streak at the University of Washington’s Institute for Protein Design. New studies, companies and spinouts are emerging at a rapid clip from the research hub as AI-powered protein design is used to create new therapeutics, vaccines, biosensors, materials and more. (Above: IPD head David Baker, left, and assistant professor Neil King, with molecular models of proteins.) [Read more.]( Seattle startup Dropzone AI raised $16.8 million for its autonomous security agents which work alongside human analysts, handling repetitive tasks and investigating cybersecurity alerts. [Read more.]( Tech Moves: Seattle tech vet Dave Parker named CEO of Entrepreneurs’ Organization; Karat adds new CRO; [and more personnel changes in PNW tech.]( Portland Seed Fund launched a new “Intrepid Oregon Fund,” which has $4 million to invest in early-stage startups working on climate tech as well as healthcare, medical devices, advanced manufacturing and natural resource innovation. [Read more.]( Get your GeekWire Awards tickets! We're opening up a limited number of spots for our May 9 celebration of the top innovators, entrepreneurs, scientists and business leaders in the Pacific Northwest. [Register to attend]( and read all about the [awards finalists](. Hot Links: - University of Washington researchers developed a new material for printed circuit boards that can be recycled repeatedly to cut down on landfill waste. ([UW News]( - Health informatics startup Truveta announced an expansive new electronic health record dataset for research on mothers and their children. ([Truveta]( - Downtown Seattle is among the majority of American cities seeing a rise in visitor activity, according to a new study. See which cities lead the way, and which are still struggling. ([Axios]( - T-Mobile reported net income of $2.4 billion in the first quarter, a 22% year-over-year increase. ([T-Mobile]( Thanks for subscribing to the GeekWire newsletter, and have a great weekend. — GeekWire editor Taylor Soper, taylor@geekwire.com; GeekWire co-founder Todd Bishop, todd@geekwire.com; and GeekWire reporter Kurt Schlosser, kurt@geekwire.com. SPONSOR MESSAGE [Translating the promise of cell therapy]( The story of how CAR T cell therapy went from hypothesis to treatment embodies the challenges and perseverance often synonymous with breakthroughs. Bristol Myers Squibb’s newest episode of Science Firsthand is focused on pivotal moments in the history of CAR T cell therapy that took place right in the heart of Seattle – and new cutting-edge approaches being explored. [Watch the episode here.]( LATEST HEADLINES [Tech Moves: Seattle tech vet Dave Parker named CEO of Entrepreneurs’ Organization]( [Sued by FTC, bill payment company Doxo disputes ‘unjust’ allegations of deceptive billing]( [What’s the real story of Xbox in 2024? Latest financials from Microsoft offer mixed signals]( [ZeroAvia opens manufacturing facility in Washington, will start selling clean aviation parts]( [Haunted by breaches, Microsoft is ‘putting security above all else,’ vows CEO Satya Nadella]( [Seattle startup Dropzone AI raises $16.8M to develop autonomous agents for cybersecurity]( [Microsoft beats expectations as quarterly profits rise 20% to nearly $22B]( [Intrepid Oregon Fund launches with $4M from the state to invest in climate and tech startups]( [The UW’s Institute for Protein Design keeps boosting startups, fueling AI-powered science]( GEEKWORK: TODAY'S TECH JOBS - [City of Newport: Systems Administrator II]( - [AdaptX: Vice President of Engineering]( - [GeekWork: ML Engineer]( - [INRIX: Finance Pricing Manager]( - [GeekWork: Head of Engineering]( [FIND MORE JOBS ON GEEKWORK]( [HIRING? BUY A FEATURED LISTING TO APPEAR HERE]( [About GeekWire]( [Contact Us]( [Advertise]( Copyright © 2024 GeekWire LLC, All rights reserved. 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