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Porch to go public at $523M valuation in SPAC deal, marking new era for real estate tech company

GeekWire

Porch, a real estate technology venture and home improvement marketplace that has spent four years quietly renovating its own business, plans to become publicly traded through a merger that values the Seattle company at $523 million. IPO filings so far this year, according to a report this week by Silicon Valley Bank.

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Former AWS real estate managers, accused of taking millions in kickbacks, challenge Amazon’s motives amid FBI investigation

GeekWire

Eleven data center deals are now the subject of a suit by Amazon vs. two former AWS real estate managers and others. Two of the participants in the August 2017 meeting — Casey Kirschner, an AWS real estate manager, and Carl Nelson, Kirschner’s boss and mentor — were leading that physical expansion for Amazon.

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Fidelity National Financial data breach: All details

Dataconomy

Fidelity National Financial data breach emerged as a headline on Tuesday when the Fortune 500 giant, specializing in title insurance and settlement services for the real estate sector, disclosed its encounter with a significant cybersecurity challenge. ” The company emphasized that the investigation is actively ongoing.

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Former Seattle entrepreneur and husband will get back most of funds seized by FBI in Amazon case

GeekWire

government that will return most of their personal funds seized by the FBI as part of an investigation into Carleton Nelson’s activities in his past role as an Amazon real estate transaction manager. This is what happened here: The FBI seized our bank accounts based on criminal allegations made by Amazon’s lawyers.

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Riveter CEO and husband dispute FBI’s seizure of their bank accounts in AWS kickback investigation

GeekWire

In a new court filing, lawyers for Seattle entrepreneur Amy Nelson and her husband contend that her salary and earnings are being unfairly held by the government as part of the FBI’s seizure last year of more than $892,000 from their bank accounts. Amy Nelson, CEO of The Riveter. Riveter Photo).

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Funding news roundup: Pandion’s parcel network, Copper’s banking app for teens, mentoring app Tribute, life navigator OwnTrail, and more deals

GeekWire

Pandion, a year-old logistics startup founded by former Amazon and Walmart executive Scott Ruffin , reeled in $30 million in fresh capital that it will use to continue building out a so-called “parcel network” to help online retailers more efficiently ship packages. . Copper Banking. Copper Image). million seed round.

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The GeekWire Summit returns next week: Agenda released featuring Andy Jassy, Ciara and others

GeekWire

The former Hotwire and Expedia exec has not slowed down since leaving Zillow, bankrolling a handful of new ventures, launching a SPAC that acquired real estate service Opendoor, and even starting a new food-oriented social networking startup with his teenage daughter.