TechFlash: Avalara may be Seattle's next tech IPO; Will Microsoft spin off Xbox?

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Is local tax software company Avalara going public? Avalara is preparing to file an S-1 and may be the next Seattle-area tech company to go public, according to sources close to the deal. Will Microsoft spin off Xbox? A yearly debate returns It seems like every year there are rumors Microsoft could spin off its gaming console business. Now, though, it appears there's support for that from the top. Or is there? Bill to rein in NSA surveillance passes House Judiciary Committee, heads to a vote A bill that would rein in NSA surveillance efforts has passed the U.S. House Judiciary Committee. Zillow beats estimates, posts $6.3M loss The online real estate company reported first-quarter revenue of $66.2 million. Zulily reports $3M loss, shares tank in after-hours trading Zulily shares were down nearly 20 percent in after-hours trading Tuesday after the company reported a $3 million loss. Microsoft might be working on a smartwatch Microsoft inventors filed a patent application for a wearable personal device that can track your fitness, but it's unknown whether the company will ever market the device. Data center firm Igneous Systems raises $23.6M Another company in Seattle's "tech mecca" has raised big money: Cloud-technology firm Igneous Systems has raised $23.6 million. Now you can hail an Uber ride from Google Maps ​Google Maps now links to the Uber ridesharing app, which may drive more users to the black car service. We'll get back to making money, says Nintendo After three straight years of losing money, Nintendo vows to return to profitability. Why would Amazon be stealthy about janitorial supplies? AmazonSupply.com could quietly shake up the $7.2 billion industrial wholesale distribution market. National Tech News Satisfaction for Millennial brides who want their diamond rings pronto Sequoia's $12B man says someone with 'axe to grind' is after Square The Pipeline: Marc Benioff hits his goal, Steve Case and Tim Draper back bitcoin, and tech luminaries lobby Jerry Brown Back 9 Links: What is BuzzFeed actually worth? Blippar weaponizes painting with Google Glass augmented reality Whisper CEO: Gwyneth Paltrow is fair game for anonymous gossip

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