Thursday, February 11, 2016

TechFlash: Zillow posts $149M loss; Inrix's I-405 study; Blucora revenue grows

If you are having trouble viewing this email, click here
TechFlash: Seattle's Technology News Source

Sponsored by:

Zillow posts $149 million loss as yearly revenue spikes

Zillow Group earned $679.9 million in revenue last year, a nearly 18 percent increase, but posted a loss of $148.9 million on the back of acquisitions and a legal battle with News Corp.

Inrix study shows traffic has worsened due to I-405 express toll lanes

The connected car and data startup compared vehicle speeds in four segments along the toll corridor between Lynnwood and Bellevue with pre-toll data. While traffic improved in the express lanes, the study found commute times in general lanes worsened – increasing by several hours for some drivers.

Blucora revenue jumps after HD Vest acquisition

It's the first financial report since Blucora announced in October plans to divest its flagship business, replace its CEO and make another multi-million-dollar acquisition to transform from a holding company to a financial services firm.

Amazon, Microsoft dominate cloud market, but Seattle is the big winner

A new survey of more than 1,000 technology professionals pointed to Seattle-area companies as the dominant players in cloud computing.

Biotech raises $10M to pursue Alzheimer's treatment trials

M3 Biotechnology has closed a Series A round that had such strong investor interest it had to be expanded.

Why NASA plans $8.4B for human exploration operations next year

NASA expects the first space-bound flight for humans on U.S. soil will take place in 2017.

Electric Football still vibrates with popularity

The popular game is enjoying a resurgence.

National Tech News

Elon Musk's still out out $3.4B this year despite bounce in Tesla stock

Google expands the 'right to be forgotten' in Europe

California Insurance Department is investigating Zenefits on compliance

Connect with us

 

Companies in the News

Text Version | Cancel Email Subscription

You may change your email address, your preferences, or unsubscribe from this email at any time by visiting bizjournals.com: https://www.bizjournals.com/my_account/

If you need other assistance, please let us know or contact: bizjournals customer service, bizjournals.com 120 W. Morehead St. Charlotte, North Carolina 28202

© 2016 American City Business Journals, Inc. and its licensors. All rights reserved. The material on this may not be reproduced, distributed, transmitted, cached or otherwise used, except with the written permission of bizjournals.com.

No comments:

Post a Comment