TechFlash: Zillow buys Trulia, lays off 350; Facebook Seattle expands in SLU

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Zillow acquires Trulia for $2.5 billion, plans to cut 350 staffers in Bellevue, San Francisco ​Zillow is officially the market leader for online real estate. The Seattle company announced today it had completed its acquisition of top rival Trulia for $2.5 billion in stock. Facebook will more than quadruple its Seattle office space with move to South Lake Union Facebook has signed a lease for a space large enough for 2,000 employees in the new Dexter Station building overlooking Lake Union, sources tell the Business Journal. Here's why Expedia is pouring money into the low-profit airline booking business Expedia executives say there's not a whole lot of profit to find in the airline booking space, but the company is expanding there to try to cross promote other offerings. Bill Gates-backed company eyes historic Skagit County hospital site for major expansion Janicki Bioenergy's research and development campus on the site of an old mental hospital would employ around 1,000 people within five years. Seattle startup Farmstr closes down Farmstr founder and CEO Janelle Maiocco announced Monday that she is selling the assets and closing down the startup after struggling to raise another round of funding. Nordstrom appoints female tech leader to board of directors ​Nordstrom has added MetricStream CEO Shellye L. Archambeau to its board of directors, the company announced Friday. FAA releases drone rules that could limit Amazon Prime Air delivery service Amazon's plans to deliver packages via miniature delivery drones hit a snag Monday when the Federal Aviation Administration released rules for unmanned aerial vehicles that prohibit them from flying out of the sight of their operators. National Tech News Boston Scientific settles lawsuit over Guidant for $600M Internet Patents shareholders to vote on $16.5M acquisition There's still a long road ahead for Oregon's drone entrepreneurs TW Garner, producer of Texas Pete, makes major changes to top management Private hospitals could win big as state struggles to comply with Supreme Court psychiatric bed decision Game developers unite to plan Midwest's largest studio/incubator Birmingham tech firm makes list of elite data centers Here's why Expedia is pouring money into the low-profit airline booking business Exclusive: Addison oil and gas crowdfunding platform approved by state Unconventional funding keeps dilution at bay, biotech firms say

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