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NFT fans lose millions in video game real estate sales

TechSpot

The collection sold (or at least tried to sell) tokens to claim real estate and resources in Yuga's upcoming metaverse game, Otherside. The NFT drop netted approximately $310 million in just a few short hours. Yuga Labs sold Otherdeed NFTs via Opensea.

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Redfin posts $191M in Q1 revenue; CEO says tech will help real estate giant navigate COVID-19 crisis

GeekWire

The Seattle real estate company posted its first quarter earnings report on Thursday with $191 million in revenue, up 73% and beating expectations of $178 million. Net loss per share came in at $0.64, lower than estimates of -$0.75. (GeekWire Photo / Nat Levy).

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Redfin partners with security giant ADT for program that lets buyers tour homes without an agent

GeekWire

Tech tools such as video tours have increasingly helped power real estate transactions during the pandemic, decreasing the need for face-to-face interactions. Related: The new realities of real estate: Redfin CEO on tech, climate, housing, and the era of ‘a thousand HQs’. Its net loss widened to $27.9

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Redfin beats Q3 estimates but stock dips; CEO says company’s tech is a ‘passport to a new life’

GeekWire

Revenue was down 1% year-over-year while net income more than quadrupled. “Redfin’s increasing share of North America’s online real estate audience, coupled with a strong housing market, has generated demand faster than we can recruit agents, lenders and partners,” Redfin CEO Glenn Kelman said in a statement.

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Redfin CEO says strength of housing market ‘almost feels eerie’ amid economic and health crisis

GeekWire

The Seattle real estate company laid off 7% of its staff and furloughed hundreds of agents in April as the COVID-19 outbreak began spreading. Redfin topped Wall Street estimates for the quarter , reporting $214 million in revenue, up 8%, and a net loss per share of $0.08. Redfin CEO Glenn Kelman at the 2018 GeekWire Summit.

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Porch makes stock market debut, raising $322M to fuel its ambitions in home services technology

GeekWire

“We’ve now earned the opportunity to build what we set out to,” the Porch CEO said via video from Seattle on Thursday morning, thanking the company’s employees, investors and partners before the ceremonial ringing of the Nasdaq opening bell. It posted a net loss of $103 million last year on revenue of $77.6

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Seattle lawmakers axe funds for gunshot detection tech that was part of mayor’s public safety push

GeekWire

Video below details Sawant’s objections to the technology and funds (with some audio difficulties): Sawant cited some of the peer-reviewed studies mentioned previously as evidence that ShotSpotter has been shown to fail to locate evidence of gun-related activity. During an Oct. million from the General Fund, and $4.5

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