76
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      LivingSocial closes Seattle office

      The D.C.-based daily deals site LivingSocial is closing its Seattle office, according to Forbes.

      Although the Seattle office is closed, a LivingSocial spokesperson tells Forbes that the Seattle staffers will work remotely.

      LivingSocial posted a $50 million net loss in the first quarter of 2013. Recently, its CTO announced he was stepping down as well.

      READ MORE at Forbes.com.