Microsoft’s cloud revenue grew 24% YoY to $25.7B, including $20.3B from Intelligent Cloud, up 20% YoY, driven by Azure and other cloud services, up 35% YoY (Taylor Soper/GeekWire)

Taylor Soper / GeekWire:
Seattle-based Diagrid, which offers a fully managed Dapr on Kubernetes service, raised a $20M Series A led by Norwest Venture Partners  —  Diagrid, a Seattle startup that offers a fully managed Dapr on Kubernetes service, announced a $20 million Series A round led by Norwest Venture Partners …

Taylor Soper / GeekWire:
Twilio will sunset Zipwhip’s business texting service on December 1, 2023, after acquiring the Seattle startup last year for $850M in cash and stock  —  Twilio will sunset Zipwhip’s software after acquiring the Seattle startup for $850 million last year.  —  According to the latest update …

Nate Bek / GeekWire:
Seattle-based Redfin lays off 862 employees, or ~13% of its workforce, and ends its home-flipping program RedfinNow; its stock is down 96%+ since February 2021  —  Redfin will wind down its home-flipping program RedfinNow and lay off employees for the second time this year as it cuts expenses in response to a slowing housing market.

Taylor Soper / GeekWire:
Internal memo: Amazon saw the “biggest three hours for US Prime signups ever” in its first exclusive stream of Thursday Night Football  —  Amazon is already seeing some fruits from its massive investment in live NFL streaming.  —  The company reported the “biggest three hours …

Microsoft:
Microsoft Q1: revenue up 11% YoY to $50.1B, net income down 14% YoY to $17.6B, Azure and other cloud services revenue up 35% YoY, LinkedIn revenue up 17% YoY  —  REDMOND, Wash. — October 25, 2022 — Microsoft Corp. today announced the following results for the quarter ended September 30 …

Todd Bishop / GeekWire:
Microsoft previews Places, a new app to help companies address hybrid workplace challenges, to be released in 2023 with Microsoft 365 business subscriptions  —  Microsoft previewed a new app that will attempt to help companies, workers, and real estate facilities managers address …