Microsoft Visual Studio Professional 2026 bundle pairs dev tools with courses in Python, JavaScript, and SQL.
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Apple reportedly canceled M2 Extreme and M3 Extreme chips for the Mac Pro before discontinuing the desktop and shifting focus to Mac Studio.
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Have you ever found out that something you remember from your youth is now gone, and you didn’t even notice? If you are a certain age, you might feel that way when I deliver the news: You haven’t been able to buy International Reply Coupons (IRCs) at a US Post Office since early 2013. By the end of 2026, you won’t be able to buy them anywhere. The age of the IRC is over.
If that didn’t mean anything to you, you might be too young to remember, or maybe you just weren’t into shortwave listening or ham radio. Although there were other reasons to get IRCs, a radio hobby is the most likely reason a Hackday reader would have bought an IRC.
For radio purposes, here’s the problem. You’ve worked on your station for months, and one winter night, you finally pull in that rare station from Luxembourg. They’ll send you a QSL card to verify that you heard them. You only have to send them a letter telling them what time you heard them, what frequency, and some details about the program you heard. But they probably don’t want to pay the postage required to send hundreds or thousands of cards overseas.
While this is a radio-specific problem, you might find the same issue with pen pals or when trying to buy things from an overseas company.
If everyone were in the same country, the solution would be easy. Take a stamp, put it on an envelope that has your address on it, and stuff it in with the letter. Or, you could just drop a stamp or two in the letter you sent.
The problem is, US postage won’t help Radio Luxembourg. On the other hand, the effort required for you to buy postage that works in Luxembourg would have been a nightmare.
The Universal Postal Union is a UN agency that is effectively an association of post offices in 192 countries. Their charter is to facilitate mailing things worldwide.
The IRCs date back to 1906. The idea is you buy an IRC at your post office. You send it to Radio Luxembourg, or wherever. There, the mail person at the radio station could go to their post office and trade the coupon for enough local postage to send a surface letter worldwide.
As demand has dwindled, post offices worldwide have quit selling IRCs. As of last year, Australia still did. But Germany, Britain, the United States, and many other countries gave up on them long ago. In fact, Britain’s Royal Mail claimed that the average post office sold less than one IRC per year at the time it threw in the towel.
UPU decided to end IRCs altogether by December 31, 2026. The end of an era and, apparently, not just for radio hobbyists. It is telling that the UPU’s recent editions of IRCs had print runs of 1,000 or even 500. So they obviously weren’t selling very many.
If you’ve heard of these before and you aren’t interested in radio, then it might have been in economic history. Have you heard of the Ponzi scheme? It has become a generic term for any business scheme that relies on raising money from new investors to service debt owed to old investors.
However, the original Ponzi scheme dates back to 1920, when Charles Ponzi realized he could buy IRCs in a country where they were cheap and sell them for more in another country. He was happy to accept investors, of course.
The problem is that profits are thin, and the costs of acquiring and transporting large numbers of IRCs quickly swamp most potential profits. Fluctuations in currency exchange rates take the rest.
So the end of the IRC marks a closed chapter for ham radio and swindling. There were probably other uses, too, that are now consumed by electronic mail, payment systems, and the like.
You have to wonder what adventures IRCs went on during their global travels. The video below shows one’s story.
Backstage at a Seattle tech event in the early 2000s, Chris Diorio was waiting his turn to speak. Next to him was Jeff Bezos, whose company was already becoming a household name.
Diorio, the leader of Impinj, then a tiny local startup, turned to the Amazon founder: “Jeff, you’ve got a much bigger near-term opportunity than we do,” Diorio recalls saying, “but we’ve got a much bigger long-term opportunity than you do.”
Before Bezos could respond, he was called onstage.
“The technology turned out to be way harder than I thought,” Diorio acknowledged after telling that story in a recent interview. “But that’s what I told him — and I still believe in those words. Our opportunity is to deliver physical intelligence for every item in the world.”
A quarter-century after that chance encounter, Diorio rang the Nasdaq opening bell Tuesday morning in New York City to mark the 10th anniversary of Impinj’s IPO. The company’s tiny, battery-free RFID chips — each smaller than a grain of sand — have been embedded in more than 160 billion items, including clothing, pharmaceuticals, airline luggage, and groceries.
Impinj commands nearly two-thirds of its market, won a patent war against a rival 15 times its size, and has grown from a $250 million IPO valuation to a market cap of more than $4.2 billion. Along the way, the company survived a billion-dollar industry hype cycle that killed nearly every competitor.
And yet, Impinj has posted exactly one profitable year since going public — thanks to a $45 million legal settlement at the time. Its accumulated deficit stands at $400 million, its financial reports show. Less than 1% of the items it envisions connecting are connected today.
To Diorio, that speaks to the potential. The company is barely scratching the surface. He cited the 1% stat in his comments before ringing the Nasdaq bell on Tuesday morning, saying the “opportunity is so gigantic that we’ll still have a huge runway ahead of us 10 years from now.”
That the company has gotten to this point is as much a Seattle story as it is a technology story. Impinj has benefitted from a network of patient local investors, academic connections and supporters who gave the company the time that Silicon Valley never would have.
But no one imagined it would take this long when they got started.
The origins of Impinj were at Caltech in Pasadena, Calif., in the 1990s. Diorio was a graduate student working under Carver Mead, the physicist and engineer who helped coin the term Moore’s Law and helped lay the intellectual foundation for the modern semiconductor industry.
Together, they discovered a way to change a transistor’s electrical properties after it had been manufactured — a quantum-mechanical phenomenon called “impact-ionized hot electron injection.” That made it possible to build chips so efficient and inexpensive that they could be embedded in disposable packaging. (“Impinj” is derived from that scientific name.)
In an oral history later recorded by the Science History Institute, Mead described Diorio as “a super-bright, super-high-energy guy” who “burned up the track” at Caltech.
After finishing his PhD, Diorio was recommended by Mead to the University of Washington’s computer science department. There was resistance among the UW faculty — his research in analog circuits wasn’t an obvious fit — but professor Larry Ruzzo carried the day.
Ruzzo essentially said, “This guy is brilliant, and even if he is nothing other than our gift to the rest of the university, we should hire him,” recalled Ed Lazowska, the department chair at the time.
Diorio joined the UW faculty in 1997. Over the next few years, his research earned a string of honors, including Packard and Sloan fellowships. A couple years later, Diorio met up with Mead on a trip to California, over dinner at Fresh Cream, a long-since-closed French restaurant in Monterey. Diorio asked Mead if it was time to start a company.
“Are you up for it?” Mead asked. Diorio said yes. They started the paperwork the next day.
Impinj was incorporated in April 2000, headquartered in Seattle. It quickly got the attention of two local investment firms, with behind-the-scenes help from the everpresent Lazowska.
On April 21, 2000, the UW computer science chair emailed Bob Nelsen at Arch Venture Partners and Tom Alberg at Madrona. He explained that he was urging Diorio and Mead “to get some local $ for the connections,” and that he had pointed them to Arch and Madrona.
Patrick Ennis, then at Arch, reached out to Diorio that same day. As Ennis recalled in a recent interview, there were plenty of Silicon Valley firms that wanted in, thanks to Mead’s reputation, but Diorio and Mead decided to take Lazowska’s advice and go with Seattle investors.
Diorio, who likes to take walking meetings, negotiated the terms with Ennis as they made their way on foot through the University of Washington Arboretum one day. The investment closed that summer: $15 million, split evenly between Arch and Madrona.
Impinj at the time had patents, prototypes, and no real business plan.
“That’s how venture capital should be done,” said Ennis, who has since become a Madrona venture partner. “You make big bets on great technology and great people.”
Bill Colleran joined Impinj as CEO in January 2001. He and Diorio had designed satellite chips together at defense contractor TRW in the 1980s. Colleran had just sold his Bluetooth startup, gotten married, and gone on his honeymoon. He came home to a message from Diorio: he’d started a company in Seattle and wanted Colleran to join.
Colleran was soon in Seattle — one of six or eight people working out of what he warmly recalls as “a crappy little building” in the University District, several of them former TRW colleagues.
“We were kind of getting the band back together,” he said.
RFID wasn’t the original plan. Impinj’s first target was improving power efficiency for 3G wireless base stations, but the dot-com bust killed that market, and regardless, the company was too small to compete with the major chipmakers in the wireless industry.
The team spent two years exploring what to do with their technology. Cable modems required too much dependence on Intel, as Colleran recalled. Cell phone radios were dominated by players too big to compete against. GPS turned out to be a poor technical fit — Impinj’s chips excelled at low power, but GPS demanded low electrical noise, a different problem entirely.
So they eventually settled on RFID, the technology that uses tiny wireless chips to identify and track physical objects. The industry was young, the standards were still being written, and Impinj’s low-power technology seemed tailor-made for it.
As Madrona’s Ennis and Tim Porter write in a piece pegged to the IPO anniversary, “When you have a truly powerful, groundbreaking deep technology, it behooves you to wander the product-market fit wilderness for a while, even when that is unsettling and downright frightening, and even when it runs contrary to what you learn in a VC class in business school.”
Then, a stroke of luck: In June 2003, Walmart announced it would require its top suppliers to tag every pallet and case with RFID chips. The Impinj team celebrated their good fortune.
“We all high-fived,” Diorio recalled. “We did it. Eighteen months, we’re gonna IPO.”
In reality, it would be another 13 years.
Walmart’s announcement triggered a gold rush of venture capital investment into RFID technology startups. But there was no global spectrum allocated, no standard that worked, and no products ready to deliver on the promise. Walmart’s own January 2005 deadline came and went. Only half of its top suppliers could comply.
By 2008, the hype cycle had collapsed. Nearly every RFID startup died or got acquired.
“More than $1 billion of VC money got poured into RFID,” Diorio recalled. “Way up, crashing down, and only one company that made it out the other side. … We were lucky enough that it was us.”
The real inflection didn’t come until around 2010, when retailers began tagging individual items, not just pallets. Knowing exactly which products were where, in real time, could lift same-store sales by as much as 10%, by solving a basic problem: getting items out of back rooms and onto shelves, making them available for purchase before customers gave up looking for them.
Impinj filed to go public in April 2011, seeking to raise $100 million. But choppy markets — capped by the botched Facebook IPO in May 2012 — closed the window, and the company withdrew the filing that summer, raising $21 million privately instead.
After 14 years as CEO, Colleran stepped aside in 2014.
“I didn’t know if I wanted to be a lifelong RFID guy,” he said.
An exit wasn’t in sight — the IPO window was shut, and a sale didn’t make sense because Impinj made both chips and readers, and “any of the companies that would be interested in boxes weren’t chip companies, and the chip companies weren’t interested in boxes.”
Diorio took over as CEO that November. The venture investors were 14 years in and needed a path to liquidity. He spent the next two years sorting things out and getting the company ready.
Porter, now a Madrona managing director, who had worked closely with Alberg on the Impinj investment since 2007, recalled the final stretch. One of the first target dates for trading landed on the day Britain voted to leave the European Union, sending markets into a tailspin.
“It was a little bit like, are you kidding — what next?” Porter said.
But on July 21, 2016 — some 16 years after its founding — Impinj went public on the Nasdaq at $14 a share, raising $67 million at a market cap of just over $250 million.
Alberg, the late, legendary investor, who was one of the first people to back Bezos’ fledgling online bookstore, personally invested $500,000 in the offering — a rare move among venture investors, who typically use IPOs to finally cash out, not double down.
Porter called Alberg’s move “a really big signal” to the market that demonstrated his long-term belief in Impinj. It was also a smart investment, as it turned out. As noted during the Nasdaq bell-ringing Tuesday morning, Impinj’s share price has grown by nearly 900% since the IPO.
But there was one last hitch. On the night before trading began, the offering was so oversubscribed that the final allocation became a drawn-out negotiation between the board and the bankers over how many shares to issue. It dragged on so long that Diorio and CFO Evan Fein, stuck in Chicago for the roadshow, missed their flight to New York.
Fein had been one of the first people hired at Impinj, joining Colleran in the University District office in 2001 and staying through the whole ride. He was not about to miss the bell-ringing.
The CFO wanted to make a run for it, but Diorio told him there was no way — the flight departed in 30 minutes from O’Hare. Fein tried anyway. He didn’t make it. They stayed in Chicago overnight and caught a flight the next morning.
The company’s CTO at the time rang the bell in Diorio’s place.
The celebration was short-lived. After the IPO, demand for RFID surged — but Impinj, thinly capitalized after years of private fundraising, didn’t have the operational capacity to fill the orders. The stock quadrupled from its $14 IPO price to more than $60. Then it all came apart.
NXP Semiconductors, a Dutch chipmaker roughly 15 times Impinj’s size, moved aggressively on pricing and took business away. Customers who had been stockpiling RFID tags pulled back on orders. Revenue declined. On Feb. 2, 2018, the stock plunged 47% in a single day.
What followed was the darkest stretch in the company’s history. The company laid off 9% of its workforce. Then a former employee complaint triggered an audit committee investigation, forcing the company to miss an SEC filing deadline and drawing a deficiency notice from Nasdaq.
For months, the outcome was uncertain. Executives couldn’t trade their stock or issue grants to employees. The investigation cost $1.4 million. NXP, sensing an opportunity, continued to press its advantage.
Diorio described the investigation as mentally draining. The company was spending millions of dollars, the outside attorneys weren’t sharing their findings along the way, following the standard practice, and there was no way to know for certain how it would end.
“You firmly believe you haven’t done anything wrong,” he said, “but who knows if somebody actually did something wrong that you don’t know about.”
The investigation ultimately cleared the company, finding “no credible evidence” of wrongdoing, and Impinj received what Diorio called a rare letter from the SEC formally closing the matter. The stock surged 35% on the news.
Diorio called 2018 a turning point. “It was the year where everything got really difficult, the team and the company rallied, and it was the strength and the persistence of the team and their dedication that pulled us out the other side,” he said. “I’ll never forget that.”
The following year, Impinj went on offense. In June 2019, the company sued NXP, alleging it had copied 26 of Impinj’s patents. NXP countersued. The litigation stretched across five years and four lawsuits. In 2023, a federal jury found NXP had willfully infringed Impinj’s patents and awarded $18.5 million in damages. NXP settled in 2024, paying $45 million upfront and agreeing to ongoing royalties of roughly $17 million a year.
Diorio helped coin an industry term for the technology Impinj had built: RAIN RFID, short for “RAdio-frequency IdentificatioN.” It distinguished what Impinj does (using battery-free chips to identify and track individual items at scale) from other flavors of RFID used for key cards, animal tags, and contactless payments.
Today the company employs more than 450 people, most of them based in its headquarters at 400 Fairview Ave. N. in Seattle, with a test and development lab on Beacon Hill. The workforce is a fraction of NXP’s, which has more than 32,000 employees — a reminder that Impinj has built a market-leading position with a comparatively small team.
Impinj holds an estimated 64% of the global market for RAIN RFID endpoint chips, up from 51% the year before, according to ABI Research. The company first overtook rival NXP for the market lead in 2024. The industry shipped nearly 53 billion chips in 2024, roughly one for every six or seven people on Earth. Impinj has connected more than 160 billion items cumulatively.
Each chip is battery-free, costs a few pennies, can be read wirelessly from 30 feet away, and identifies individual items at a rate of up to 1,000 per second. Vision systems can’t identify individual items. QR codes require line of sight. NFC has a range of four inches. Bluetooth requires a battery.
“Name any other technology that even gets close,” Diorio said. “You won’t come up with one.”
Privacy concerns nearly killed the RFID industry in its early years, when consumer groups campaigned against the technology in the mid-2000s. Although there’s privacy innovation still to come, Diorio said those fears have largely faded. The chips carry only a number, respond only when powered by an external reader, and don’t track people.
One retailer already turns its tags invisible after the point of sale, though Diorio noted that’s “not the best solution because then that inhibits recycling.”
His longer-term goal is cryptographic security, chips that can’t be cloned, putting “a dent in global counterfeiting” while keeping consumer data protected.
Meanwhile, the competitive landscape is shifting. Diorio views NXP as the only real competitor — “everybody else in the market is a partner,” he said — but the competitor list in Impinj’s SEC filings has grown from two names at the time of the IPO to more than six, including four Chinese chipmakers. When a product costs pennies, low-cost competitors have a natural opening.
Retail apparel remains the core market. About 60% of all RAIN RFID tags go on clothing. But that reliance has made the business volatile. Three times in 10 years as a public company, demand from retailers has dropped sharply, dragging revenue and the stock with it.
Earlier this year, Impinj’s stock plunged after the company issued guidance well below expectations. Part of the challenge: the company’s top three customers account for 61% of revenue.
The financial picture reflects a company that is still proving itself. Revenue has grown from $123 million in 2018 to $361 million last year, but Impinj has posted just one profitable year since going public — a $41 million gain in 2024, boosted by the NXP settlement.
To Diorio, all of this is prelude. Apparel, he said, is “tiny” compared to the total market of every item manufactured, transported, and sold. General merchandise, supply chain logistics, pharmaceuticals, food — each is an order of magnitude larger, or more.
“We have a gigantic blue ocean,” he said. “It’s the size of the Pacific.”
The company is also using machine learning to move beyond handheld inventory scanning. Fixed readers mounted in ceiling tiles and other locations can track items autonomously at store choke points, from receiving docks to fitting rooms to exits, replacing employees who currently walk the aisles waving handheld scanners.
More broadly, Diorio sees tagged items as a data source for AI, generating hard information at every point in a product’s journey from factory to shelf to recycling bin.
“Most of the modeling that goes on today is based on guessing,” he said. “If the models are based on hard data, it’s immensely more valuable.”
The biggest bet ahead is food. Three of the top five U.S. grocers (Kroger, Walmart, and Albertsons/Safeway) are piloting RFID for food freshness, according to Diorio, using tags to identify items approaching their expiration dates so they can be marked down before they end up in the trash.
A European grocer is pushing toward fully automated checkout, where a basket of tagged items moves down a conveyor and is read instantly, no scanning required.
These are pilots, not deployments. The grocery market dwarfs apparel in volume, and Impinj has yet to prove it can crack it at scale. But here again, Diorio sees this as untapped potential.
“My enthusiasm is as high as it’s ever been,” he said. “We are just getting going.”
And this time, he made it to New York to ring the opening bell.
During his Nasdaq remarks on Tuesday morning, Diorio told the story of getting stuck in Chicago for the IPO a decade ago, using the anecdote to make a larger point.
“The team stepped in,” he said. “The team that was here covered everything, rang the bell, did all the process, and did it beautifully. In fact, probably better than we could have. And that is the story of Impinj. It’s the team.”
Editor’s note: This story was updated July 23, 2026, to reflect ABI Research’s 2025 market share estimate of 64% for Impinj, up from 51% in 2024 as originally reported. The spelling of former CFO Evan Fein’s name was also corrected.
Lamborghini's personalization division, Ad Personam, has been dressing up Aventadors, Huracáns, and now Temerarios since 2006, when it debuted with a limited run of Gallardos at the Paris Motor Show. Twenty years and more than 400 exterior colors later, the division did something it has never done before in a Lamborghini production car. It put wool inside one.
These days, it is easy to think you always have access to the Internet. But some wonder if — in spite of its ARPANET, nuclear-war-planning heritage — you can actually count on it to be there when things go pear-shaped. [The Tech Prepper], as you might imagine, is quite concerned with that last question, and is flogging Reticulum over high-frequency radio as a post-internet network in a video embedded below.
Reticulum is a cryptographic network stack, fully decentralized and amazing from a cyberpunk/hacker/survivalist perspective. Unfortunately for [The Tech Prepper], until the you-know-what hits the ventilation unit and the FCC and its counterparts in other countries are too busy to be concerned with such trifles, encrypted signals are banned on ham radio bands just about everywhere. That’s why his demo is using a dummy load on the Mercury HF modem instead of an antenna: the feds don’t care if the signal doesn’t leave the building. The video shows how to replicate the setup using his EmComm Tools suite on Ubuntu.
Perhaps more interesting is his vision of a Post-Internet network, be it in a disaster scenario, as he envisions, or simply because we get sick of what the internet has become. The idea of easily hooking an open-source radio modem to a PC running modem73, open-source SDR software, has a certain appeal. Reticulum isn’t your only option there: modem73 will let you run a BBS in the clear — that is, unencrypted and legal to transmit — and let’s face it, wasn’t life online more fun in BBS days?
This isn’t the first time we’ve seen the Reticulum network stack, but last time it was operating at considerably shorter ranges over LoRA.
AI chatbots are everywhere these days, and they seem to “know” about everything. But while that is a strength, it can sometimes be a weakness because it isn’t laser-focused on one topic. Not so with this Ham-radio-centric chatbot called HamGPT. The service is clearly built on another GPT engine but understands how to retrieve data from common ham radio sources, such as the FCC database, propagation reports, and the like. It didn’t, however, seem to have access to ham radio-related books, magazine articles, or other “static” data that we could tell.
You do have to sign up for an account, which includes providing your callsign and location. There is a free tier that allows a limited number of queries per day, so you can try it to see if it is useful for you without subscribing.
Here’s a typical session:
What band will have the best propagation to Japan from my QTH right now?
The best band for Japan from your QTH right now is 30 meters, which shows good propagation reliability. 20 meters is also active and providing a viable path.
Real-time data confirms activity on both bands, primarily using FT8. While the path is open, the signals are relatively weak (typical for this long-haul path), making digital modes like FT8 or CW your best bet for a successful contact.
Would you like me to check if your current antenna setup is suitable for these bands, or perhaps help you calculate dimensions for a 30m or 20m antenna?
In addition, bubbles at the bottom of the screen showed me the busiest band in my area and how many repeaters were nearby.
In all fairness, we asked ChatGPT the same question, but did say “ham radio band” just to give it some idea of scope. It gave a much more detailed answer with sources, even provided headings, and made a suggestion about another location I sometimes operate from because it remembers things from previous unrelated chats.
We understand reactions will be mixed. If you’ve been a ham for a long time, you probably could have guessed that a path from the US to Japan in the morning was likely to be on 20 or 30 meters. You probably also know how to look things up yourself.
We didn’t try any more sophisticated queries that might make it more worthwhile. For example, what if you could send it an ADIF log file and ask it what awards you qualified for? Or to process contest logs for duplicates and fill out a scoring worksheet? What would you like a ham radio-aware AI to do for you?
Ham radio — at least parts of it — has become inextricably linked with computers.
Create org charts, flow diagrams, mind maps, SWOT analysis, and even floor plans with user-friendly controls and more than 250,000 preset templates.
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This week, the Coalition for Independent Technology Research (CITR) won a key battle in its fight to reverse a visa-restriction policy that the Trump administration had used to attempt to revoke green cards and deport non-US citizens who work on misinformation, disinformation, fact-checking, content moderation, compliance, and trust and safety.
In an opinion published Tuesday, US District Judge James Boasberg granted a preliminary injunction blocking the State Department from enforcing the policy until the CITR’s lawsuit is resolved.
On its face, the policy does not require visa denials or deportations. Instead, it authorizes immigration investigations into individuals suspected of helping foreign adversaries attempt to manipulate public opinion by suppressing US speech.
© UCG / Contributor | Universal Images Group
Creatio 10x adds personal AI agents, centralized governance, and automation tools for sales, marketing, and customer service.
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Should you buy the current Mac Studio or wait for M5 Ultra? Compare pricing, memory, performance, timing, and professional workloads.
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Sunny Gupta has led two prior enterprise tech companies with backing from venture capital firm Madrona in the past 20 years. iConclude sold to Opsware. Apptio sold to Vista Equity Partners, then to IBM for $4.6 billion.
Now they’re getting the band back together for the AI era. Madrona’s Matt McIlwain is calling it the biggest opportunity “by far.”
Gupta is launching Thira, a Bellevue, Wash.-based enterprise AI startup, with Apptio co-founder Kurt Shintaffer, and leaders from companies such as Atlassian, Oracle, and Databricks. Thira announced Tuesday that it raised $21 million in seed funding led by Madrona, with participation from FUSE.
The idea: Thira is building AI to handle the behind-the-scenes tasks that keep big companies running, like setting up a new hire’s laptop, resetting a locked account, or approving a software purchase. The pitch is to enable a “back-office that runs itself,” according to the company.
It’s starting with IT support. The company is building software agents that can take an IT ticket, work it across the systems where the actual fixes happen — such as ServiceNow, Jira Service Management, Freshservice, and the identity and device-management tools that connect them — and close it out.
Finance and HR systems are also on the roadmap. Thira’s job listings describe agents built to “autonomously run the back-office work that consumes companies today, across IT, finance, HR, and beyond.”
Thira is entering a crowded market. ServiceNow closed its $2.85 billion acquisition of Moveworks last December to build autonomous IT ticket resolution into its service management platform. Startups including Aisera, Rezolve.ai, and Serval are pursuing similar territory.
Part of Thira’s bet is that Gupta and Shintaffer’s relationships with CIOs, which they built over many years at Apptio, will help to give it a foot in the door. Thira says it’s working with 10 companies as design partners ahead of a broader launch this fall.
In many ways, it’s a step beyond Apptio, which helps CIOs see where their companies spend money on technology. Thira is aiming to go past visibility to the “system of execution,” actually doing the work.
In a post on LinkedIn, Gupta said he began hearing from CIOs during Apptio tenure who wanted not only visibility into spending but also the ability to act on inefficiencies and automate work.
“In early 2026, I asked more than twenty CIO friends a simple question: has enough changed that what they’ve been asking for is finally buildable? The answer was yes, and bigger than I expected,” he wrote.
Thira’s team also includes:
Gupta has been Smartsheet’s executive chair since August 2025, when longtime CEO Mark Mader retired. He also served as acting CEO until Raj Singh was named CEO in October 2025. Shintaffer was Smartsheet’s CFO from July 2025 to May 2026.
McIlwain, the Madrona managing director, is joining Thira’s board of directors. FUSE founding partner Kellan Carter is a board observer.
In a statement, McIlwain said the founding team pairs Gupta and Shintaffer’s two decades of enterprise credibility at Apptio with what he calls “AI-native innovators.” He added, “This is my third time starting and building a company with Sunny and it is by far the largest opportunity we have pursued together.”
Cases of an explosive diarrheal parasite continue to skyrocket in Michigan, which is reporting 1,251 cases as of July 9. Of those, 44 were hospitalized. Meanwhile, across the border in Ohio, cases are also quickly rising, with news reports of a case total over 500.
The outbreak in Michigan began with two cases reported on June 22 and rose steeply at the start of July. The Michigan Department of Health and Human Services (MDHHS) reported 572 cases on July 4. On Wednesday, July 8, 239 cases were reported, the highest single-day tally so far. The current total of 1,251 cases includes 159 case reports received on July 9.
The epicenter of the outbreak is in the southeastern corner of the state, where health officials from multiple jurisdictions are working furiously to identify and interview cases to track the source, or sources, of the parasite, which spreads through food and water.
© Getty | Grace Cary
For much of the past year, the narrative surrounding Washington state’s business climate has taken a decidedly negative turn.
Business leaders have criticized a wave of new taxes approved by lawmakers. High-profile companies have announced expansions elsewhere. Entrepreneurs have questioned whether Washington remains as welcoming to innovation as it once was, prompting Gov. Bob Ferguson to launch a new Economic Development Council aimed at strengthening the state’s competitiveness.
But a new national ranking released Thursday complicates that narrative.
Washington climbed three spots to No. 11 in CNBC’s annual America’s Top States for Business rankings, up from No. 14 last year, suggesting that many of the state’s underlying competitive strengths remain intact even as debate over its business climate has intensified.
That’s the good news. The bad news: Just four years ago, Washington ranked No. 2 in the same survey. In 2017, the state was No. 1
Certainly, Washington is at a crossroads when it comes to how it thinks about its business community. The CNBC ranking and the big fluctuations over the past four years speak to the seesaw-like narrative that has taken shape.
The business climate also has been front-and-center in GeekWire’s recent coverage.
Washington lawmakers approved billions of dollars in new taxes during this year’s legislative session, including new taxes affecting many technology companies.
Ferguson subsequently created the Economic Development Council composed of leaders from companies including Microsoft, Amazon, Boeing and T-Mobile to identify ways to strengthen the state’s economy amid growing concerns about competitiveness. (GeekWire contributing columnist Charles Fitzgerald questioned why the council did not include anyone from the startup community in his recent piece: Governor’s new economic council snubs startups, forgets AI).
We also recently traveled to Cleveland to examine why Ohio has emerged as one of the country’s fastest-growing destinations for business investment and technology jobs. State leaders there have aggressively positioned Ohio as an alternative to coastal technology hubs, touting lower costs, business-friendly policies and major investments in manufacturing, semiconductors and artificial intelligence infrastructure.
That strategy appears to be paying off.
Ohio claimed CNBC’s top spot this year, overtaking last year’s winner to become America’s Top State for Business in 2026. It has been an historic climb for the Buckeye state, which ranked No. 30 in the inaugural survey in 2007 and just cracked the top 10 last year.
One of GeekWire’s key takeaways from our visit to northeast Ohio is that the entire community is unified, rowing in one common direction, from Gov. Mike DeWine to real estate developers to entrepreneurs to philanthropic organizations.
“I don’t give advice to other areas,” DeWine told us on our recent visit. “But my advice to people is, come to Ohio. Come work in Ohio. You will not find a better place, better people, quality of life. Cost of living is low compared to the two coasts.”
The ranking also comes as several prominent Washington employers have announced significant investments outside the state. Starbucks recently unveiled plans for a major corporate expansion in Nashville, while aerospace supplier Janicki Industries said it will build a large new manufacturing campus in Montana, fueling concerns among some business leaders that Washington is becoming a more difficult place to grow.
At the same time, CNBC’s methodology highlights many of the advantages that have long made Washington one of the country’s leading innovation economies. Here’s how Washington ranked per CNBC:
The network evaluates states across 10 categories using 138 metrics, including workforce, infrastructure, economy, technology and innovation, business friendliness, education, cost of doing business and quality of life. The methodology is updated annually to reflect the factors companies say matter most when making investment decisions.
While Washington continues to face challenges related to business costs and taxes, it remains home to one of the nation’s deepest concentrations of technology talent, world-class research universities, global companies including Microsoft and Amazon, and a robust startup ecosystem — strengths that continue to score well in CNBC’s analysis.
The results also underscore how different rankings can produce different conclusions depending on what they measure. The nonpartisan Tax Foundation, which focuses specifically on state tax policy, ranked Washington 45th in its 2026 State Tax Competitiveness Index, citing the state’s gross receipts-based Business & Occupation tax, taxation of business inputs and recent changes to its capital gains tax.
Seattle also recently declined in a new ranking of the best places in the U.S. to attract foreign businesses and investment. The fifth annual list compiled by British newspaper Financial Times and stock market index Nikkei ranked Seattle 13th among 95 U.S. cities — a drop of 11 places from last year’s second-place position.
Together, the rankings illustrate the complexity of evaluating a state’s business climate.
Washington continues to enjoy many of the assets that have made it one of the nation’s leading centers for technology and innovation. At the same time, business leaders have become increasingly vocal that higher taxes and rising costs could erode those advantages over time if policymakers fail to address competitiveness.
— Mike Torres, a former executive at Amazon, Microsoft and Google, has joined Dropbox as the company’s first chief product officer.
“As a product leader, joining a company that helped pioneer product-led growth is energizing…” Torres said on LinkedIn. “In this role, my focus will be simple: help Dropbox ship the right things at the right time for our customers.”
Seattle-based Torres comes to Dropbox from Google, where he served as vice president of product for Chrome. Before that, he spent more than a decade at Amazon, most recently as VP of Kindle. At Microsoft, he led teams working on OneDrive, Windows Movie Maker and other products.
— T-Mobile appointed Chris Sambar as chief enterprise officer, effective no later than Oct. 14. Sambar will lead the Bellevue, Wash.-based company’s small- and medium-sized business, enterprise and government units.
Sambar joins from Public Storage, where he serves as chief operating officer. He was previously at fellow communications giant AT&T for more than two decades, most recently as a president of the company’s global network organization overseeing architecture, engineering, construction, operations, tower strategy and program management.
“Chris is a seasoned wireless industry leader with proven experience including expanding high-growth businesses and seizing market opportunities,” said Srini Gopalan, CEO of T-Mobile.
T-Mobile made two additional C-suite changes:
Chief Business & Product Officer Mike Katz has resigned to “pursue new professional interests,” according to a press release. Katz was with the company for more than 28 years and will remain in a strategic advisory role through the end of the year. Gopalan offered his “sincere gratitude to Mike for his incredible contributions to T‑Mobile.” Read more about his departure in this GeekWire story.
André Almeida‘s C-suite role has expanded and his title has been updated to chief marketing, brand and broadband officer. He previously served as chief broadband, enterprise and emerging business officer. In the new position, Almeida will help oversee the company’s consumer wireless and broadband businesses.
— After 37 years with Microsoft, Xbox Vice President Kevin LaChapelle was among those laid off this week, with the cuts hitting the gaming division particularly hard as the company aims to overhaul the division.
LaChapelle was hired by the Redmond, Wash.-based tech giant in 1989 as a software design engineer and joined the Xbox team in 2012.
“I will say my fondest memories are of leading the team of very talented engineers who built the Xbox Backward Compatibility program,” LaChapelle said on LinkedIn. When Phil Spencer, then head of Xbox, announced the program at the Electronic Entertainment Expo in 2015, LaChapelle added, “The audience’s reaction was unbelievable.”
— Adam Schoenfeld has resigned as chief marketing officer for Inflection.io. In April, the B2B marketing automation company acquired Keyplay, a Seattle startup co-founded and previously led by Schoenfeld. The deal reunited Schoenfeld and Inflection CEO Aaron Bird, who have known each other for many years and have collaborated and invested in each other’s companies.
Schoenfeld said on LinkedIn that he “had the best of intentions” when he committed to the acquisition, but then burnout hit him. “I was embarrassed and disappointed in myself. I dreaded telling the team. I didn’t want to bail and let people down… I’m sure others have been in this place,” he added. “After facing the hard conversations, I’m excited to look ahead.”
Schoenfeld remains a part-time CMO advisor for the business and also produces Adam’s GTM Report, which provides data-backed research, maps and tools for leaders and builders in the space.
— Kent, Wash.-based Stoke Space Technologies named former OpenAI executive Kevin Weil to its board. Weil has held leadership roles at Planet, Meta, Instagram and Twitter and also serves on the boards of Cisco and The Nature Conservancy.
Stoke Space builds reusable rockets and raised $860 million from investors in its latest round. It’s No. 6 on the GeekWire 200, a ranked index of the Pacific Northwest’s top startups.
— Skippy Shaw has joined fusion startup Helion Energy as director of Washington government affairs. The Everett, Wash.-based company is working to build what could be the world’s first commercial fusion facility in Central Washington. Shaw joins Helion from The Nature Conservancy, where she led state governmental relations for TNC’s Washington chapter.
— David Langworthy announced that he has resigned from Microsoft after nearly 25 years, leaving the role of architect for Azure OpenAI. Langworthy, who worked as a founding member of Azure OpenAI, GitHub Copilot, GenAI, MAC, and Azure AI Services, is the founder and CTO of a stealth startup based in Bellevue.
— Carissa Allen has also left Microsoft, departing as director of strategy for the company’s events, including Ignite and AI Tour. On LinkedIn, Allen called her resignation after nearly 30 years “my Valiant Reboot Project (no “retirement” here) because you know I’m not finished yet.”
— And in case you missed it:
The University of Washington’s CoMotion program announced 10 startups that secured UW-licensed intellectual property over the past year. Eight are in healthcare, spanning diagnostic tools, medical devices and new therapeutics. The other two focus on K-12 education or climate change.
CoMotion, which operates as a collaborative innovation hub, reports that it and its predecessors have fostered 310 deep-tech companies over the past three decades, more than one-third of which are still active. Those businesses have raised $1.8 billion from investors in the past five years alone.
Here’s a look at the 10 startups:
CathConnect is a Seattle-based startup making urinary catheters that are easy to insert into a patient’s bladder and will safely disconnect if pulled out accidentally. The devices could help prevent the 450,000 traumatic catheter removals that occur in the U.S. each year, which lead to longer hospital stays, higher medical costs and increased infection risk.
CathConnect was launched by Joelle Tudor, a former UW undergraduate researcher and Michael Malone, a UW doctoral candidate.
Climate Solutions International offers a software platform that helps government employees analyze factors like climate resilience, cost and carbon emissions for proposed infrastructure projects. The startup is the brainchild of Jan Whittington, a UW urban planning professor who previously received funding from the World Bank to apply these strategies across 300 cities in 30 countries.
Climate Solutions International was selected for CoMotion’s second Climate Tech Incubator, a six-month program located at the Seattle Climate Innovation Hub, a public-private partnership in the city’s downtown.
Colleague AI created an AI tool and chatbots to assist K-12 teachers craft lesson plans and streamline other classroom operations. The technology was developed by Min Sun, a UW professor of education and Colleague AI co-founder, with substantial research and testing by educators.
The UW College of Education was selected two years ago as a national center for research and development on using generative AI as a teaching tool, a designation that included a $10 million grant to support Sun’s work.
DetellaDx is using AI and single-cell technology — a research tool that allows scientists to analyze genetic information in individual cells — to detect early stage cancers with a high degree of accuracy. The diagnostic approach is based on research by Scott Kennedy, an associate professor in the UW Department of Laboratory Medicine & Pathology. DetellaDx’s initial focus is on women with a genetic predisposition for ovarian cancer.
KeenSight Health aims to help clinicians communicate better with patients through its Clinical Intelligence Engine, a coaching software that reviews doctor-patient conversations and gives physicians practical feedback. The platform also incorporates patient history stored in electronic records and other resources.
KeenSight was co-founded by past and current UW professors Dr. Ian Bennett, Dr. Misbah Keen and Larry Mauksch. The startup is based in Bellevue, Wash.
Nanosync Labs has created wearable sensors that monitor brain health and sleep without invasive procedures. The devices and platform allow for continuous tracking of changes in brain pressure and deep sleep, a restorative stage essential for brain health. The sensors enable earlier detection of neurological conditions, benefiting patients with traumatic brain injury and sleep disorders.
The technology was developed in the UW lab of Jae-Hyun Chung, an associate professor of mechanical engineering. Viggy Sakthivelpathi, who earned a PhD from the UW, is Nanosync’s co-founder and CEO.
PEAR-Net Society provides resources to help medical and public-health experts understand whether medications, chemicals, infections, vaccines, or other exposures may harm a fetus during pregnancy.
The organization relies on two well-established databases documenting teratogens, factors that can cause birth defects. These include the Teratogen Information System, or TERIS, developed by Dr. Jan Friedman, a UW graduate, and Shepard’s Catalog of Teratogenic Agents.
Precision Cognition Labs has developed a tool for memory assessment that can detect mild dysfunction and track changes in cognitive performance. The assessment is faster and easier to use than tools that require in-person, clinical evaluations, allowing for more frequent checkups and longitudinal studies.
The startup is a joint venture between the UW and the University of Groningen in the Netherlands, where it is based. Andrea Stocco, a UW associate professor and expert in computational psychiatry, is a co-founder and scientific director.
Prosthetic Fit 360 is building sensors that improve outcomes for patients with lower-limb prosthetics. The devices use trilateration, a technology that measures an object’s precise location by calculating distances from multiple known reference points. The startup was founded by Conor Lanahan, who earned his bioengineering and biomedical engineering doctorate degree from the UW.
Skape Bio is using AI to create new therapeutics that target G protein-coupled receptors, or GPCRs. The receptors, which are located on cell membranes, detect hormones, neurotransmitters and other signals that trigger biological responses.
The Copenhagen-based startup was founded by Chris Norn in partnership with UW Nobel laureate David Baker and scientists from the UW’s Institute for Protein Design and the BioInnovation Institute in Copenhagen.
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