In today’s Bulldog wrapup of technology news:
- Google, LinkedIn make a big land swap in Silicon Valley
- Amazon’s second Prime Day a bit hit
- Did China hack FDIC computers?
- Juno Therapeutics is sued over a leukemia drug trial
- Google-LinkedIn swap land
Tech giants Google and LinkedIn may be rivals online, but they’re collaborating in the real world on a Silicon Valley land swap.
Google and LinkedIn say they have completed a swap that will give Google LinkedIn’s current headquarters in Mountain View. In return, LinkedIn receives property elsewhere in the city, where it will build a new headquarters.
LinkedIn also is taking over property leased by Google in Sunnyvale. The Silicon Valley Business Journal reports the deal involves 1 million square feet of existing buildings and 2.4 million square feet for development.
A LinkedIn spokesperson says the move will allow the company to consolidate 3,700 employees into a single campus years earlier than planned.
A Google spokesperson says both companies are “excited to move forward with our respective development plans.”
- Amazon’s 2nd Prime Day orders breezed past first-year totals
Amazon’s big sales day is here to stay.
Amazon says Prime Day orders rose 60 percent globally this year versus last year’s inaugural showing. It says sales of Amazon’s own electronic devices were particularly strong. And the company says that this won’t be the last “Prime Day.”
The e-commerce powerhouse launched the event last July to promote its $99 annual Prime loyalty program, which offers free two-day shipping and other perks. The loyalty program is a key platform for Amazon because Prime members shop more frequently and spend more money.
- Chinese government suspected of hacking into FDIC computers
The Chinese government is believed to have hacked into computers at the Federal Deposit Insurance Corp. in 2010, 2011 and 2013, including the workstation of then-FDIC Chair Sheila Bair, a congressional report says.
The report issued Wednesday cites a May 2013 memo from the FDIC inspector general to agency Chairman Martin Gruenberg. The memo described an “advanced persistent threat,” said to have come from the Chinese government, which compromised 12 computer workstations and 10 servers at the FDIC.
- Juno being sued over leukemia drug study
Juno Therapeutics and its CEO have been named in a lawsuit over whether the biotechnology company misled investors about the death of a patient in a key study involving its drug intended to treat leukemia.
The lawsuit arrives just as the company gained permission by the Food and Drug Administration to restart its study for the leukemia drug candidate.
Juno suspended the study earlier this month following two patient deaths from swelling of the brain. Juno said the problem stemmed not from its treatment, but from a chemotherapy drug used to prepare for participation in the drug trial. The study is continuing without that chemotherapy drug.