Posts Tagged ‘tech’

Technical Problems May Soon Leave Thousands of D.C. Residents Without Medicaid

The D.C. Fiscal Policy Institute reports that several thousand people will have to renew their Medicaid benefits in person next year, leading to long wait-times at service centers.

LivingSocial Lost $650 Million in 2012

Looks like jobs weren't the only things being lost at LivingSocial in 2012. According to new SEC filings from investor, the D.C.-based deals company took a net loss of $650 million in 2012, even as its revenue doubled.
LivingSocial took in $536 million in revenue last year, compared to $862 million in operating expenses—a $326 [...]