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Category: Business

OfferPad to buy more Orlando homes with $150M in new funding

OfferPad to buy more Orlando homes with $150M in new funding

Direct home buyer and seller OfferPad said Wednesday it closed on $150 million of new equity and debt financing to buy homes in Orlando and seven other U.S. markets.

That brings OfferPad’s total announced funding to $410 million in a year and a half. It claims to have purchased, renovated, rented…

AT&T overcharged Orange schools by $1M, FCC and lawsuit says

AT&T overcharged Orange schools by $1M, FCC and lawsuit says

The Orange County school district has filed a new lawsuit against AT&T over a 2016 allegation that the telecom giant overcharged the district by at least $1 million, while still collecting funds from a nonprofit that were supposed to benefit the schools with a lower rate.

The Federal Communication…

Scrubbed: SpaceX delays launch, will try again Friday

Scrubbed: SpaceX delays launch, will try again Friday

KENNEDY SPACE CENTER — SpaceX’s new Falcon 9 rocket aborted launch a minute before liftoff on Thursday, scrubbing the mission for a day.

Another attempt will be made at 4:14 p.m. Friday. Forecasts call for a 60 percent chance of good weather.

Earlier in the day, SpaceX founder Elon Musk said at…

Backpage.com faces expanded lawsuit from anti-sex-trafficking group

Backpage.com faces expanded lawsuit from anti-sex-trafficking group

An Orlando-based human-rights organization called Florida Abolitionist is broadening its lawsuit against the former social media website Backpage.com and its owners on allegations that the website promoted sex trafficking.

Backpage was shut down by federal authorities in April when they concluded…