FAQ: What the millionaires tax means for Seattle startup founders, investors, and tech workers

FAQ: What the millionaires tax means for Seattle startup founders, investors, and tech workers

Washington state’s Legislative Building, which houses the Legislature. (GeekWire Photo / Brent Roraback) Washington state lawmakers last week approved what’s known as the “millionaires tax,” a landmark shift for a state that has long been a tax-friendly destination for entrepreneurs and high earners. GeekWire spoke with legal experts and wealth advisors to learn more about how the tax may impact …

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Judge rules that Krafton must rehire fired Subnautica director

Judge rules that Krafton must rehire fired Subnautica director

A judge has ruled that publisher Krafton must reinstate Ted Gill as CEO of Unknown Worlds Entertainment, . The company fired Gill and two other co-founders last year as part of a shakeup . The Delaware judge said Krafton had violated the terms of its contract with Unknown Worlds when it fired the executives. “To remedy these breaches, Gill is …

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Meta announces end of encrypted messaging on Instagram

Meta announces end of encrypted messaging on Instagram

Meta has decided to stop the end-to-end encryption feature for chats on Instagram starting May 8, 2026. The company confirmed this change in a help document and advised users to download any messages or media from encrypted chats before the deadline. A spokesperson for Meta said that only a small number of users were choosing to use end-to-end encrypted messaging …

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Samsung ends Galaxy Z TriFold sales three months after launch

Samsung ends Galaxy Z TriFold sales three months after launch

Samsung will reportedly end Galaxy Z TriFold sales in South Korea on March 17, three months after the device went on sale, according to South Korean newspaper . Samsung has not yet confirmed the report, but Engadget has reached out for comment. In the US, where arrived in January, the phone will remain available until existing inventory runs out. A …

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Banks to remain closed on March 23

Banks to remain closed on March 23

SBP has announced that banks will remain closed on Monday, March 23. The State Bank of Pakistan (SBP) has announced that banks will remain closed on Monday, March 23, on the occasion of Pakistan Day. In a statement, the central bank said it will observe a public holiday as declared by the Government of Pakistan. Pakistan Day is celebrated every …

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Apple acquires popular video editing software company MotionVFX

Apple acquires popular video editing software company MotionVFX

Apple’s latest acquisition could be a hint towards improvements for Final Cut Pro. The tech giant acquired MotionVFX, as seen on the company’s website and first reported by MacRumors, which is known for providing plugins, templates, visual effects and more to video editors. MotionVFX currently offers its software for a handful of video-editing apps, like DaVinci Resolve and Adobe Premiere, …

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