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LivingSocial slowing its losses, back in hiring mode

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As the mayor hopes to make D.C. a hub for tech companies, a company that's a core component of that effort has begun to slow its losses. LivingSocial, a website with daily discount deals headquartered in the District, improved its revenues and cut its operating expenses compared with the same three-month period last year. Still, its $135 million in revenue in the first three months of...