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CoStar Group to acquire Calif. technology company Matterport for $1.6 billion

By STAFF REPORT, Richmond Times-Dispatch (Metered Paywall - 7 articles a month)

The CoStar Group, which announced in February plans to move its headquarters from Washington, D.C. to Rosslyn, announced that it will acquire California 3D technology company Matterport for $1.6 billion. Matterport offers 3-D capture technology which delivers “dimensionally accurate, photorealistic virtual tours” for any type of property and is widely used in real estate. ... CoStar said last year it expected to hire 2,000 more people in Richmond, putting its workforce here at about 3,500.

VaNews April 23, 2024


Yancey: State says some rural counties are better able to pay for their schools than the most affluent localities

By DWAYNE YANCEY, Cardinal News

Craig County was home to just 4,892 people in the most recent census and is getting smaller in each subsequent estimate. The third least-populated county in the state, Craig is a beautiful land of mountains and valleys with virtually no industry — 78% of the workers leave the county every day to work. The state of Virginia also says it’s almost as capable of paying for its own school as Prince William County in Northern Virginia is, with one key difference. In the state’s funding formula known as the Local Composite Index, Prince William County, the land of more than 40 data centers where payrolls are calculated in the billions, saw its ability to pay for schools drop — while Craig County saw its supposed ability rise.

VaNews April 23, 2024


Moss clinic supporters rally in Fredericksburg

By CATHY DYSON, Free Lance-Star (Metered Paywall - 10 articles a month)

People who’ve gotten free medical care at the Moss Free Clinic, as well as those who volunteer and work there, joined members of the community Sunday to show their support for the services the clinic provides. Jim Eagan told the crowd of about 80 people that he went to the clinic when he had an abscessed tooth and couldn’t find help anywhere else. ... The rally came about as the partnership between Mary Washington Healthcare and the clinic, named after the late co-founder, Dr. Lloyd Moss, has deteriorated in recent months.

VaNews April 22, 2024


Roanoke Valley landfill readying for natural gas production

By LUKE WEIR, Roanoke Times (Metered Paywall - 5 articles a month)

Your trash becomes gas. It happens gradually, as mountains of our garbage decompose at Smith Gap Regional Landfill in Roanoke County. That’s where the Roanoke Valley Resource Authority hauls all the waste — more than 500 million pounds per year — from Roanoke, Salem, Roanoke County and Vinton. Among rotten banana peels and other decaying organic material sealed inside the landfill, methane-rich fumes are captured by a system of buried vacuum tubes ...

VaNews April 22, 2024


Biden Earth Day Event Will Try to Reach Young Voters, a Crucial Bloc

By ZOLAN KANNO-YOUNGS AND BRAD PLUMER, New York Times (Metered Paywall - 1 to 2 articles a month)

President Biden will travel to a national park in Virginia on Monday, Earth Day, to spotlight his clean energy investments, with an eye on bolstering support among young voters disillusioned with their choices for the 2024 election. Against the backdrop of the park, Prince William Forest, Mr. Biden will announce $7 billion in grants to fund solar power for hundreds of thousands of homes in primarily disadvantaged communities, according to the White House. He will be joined by future members of the American Climate Corps, a new work force for young people hoping to combat climate change.

VaNews April 22, 2024


Faction of GOP is holding Congress hostage, say former Reps. Comstock and Payne

By JASON ARMESTO, Daily Progress (Metered Paywall - 25 articles a month)

The United States Congress is broken. So said L.F. Payne, a Virginia Democrat who represented Virginia’s 5th Congressional District in the House of Representatives from 1988 to 1997, during a special visit to Charlottesville Friday. “In the last Congress, I think there were over 500 pieces of legislation that were passed,” Payne said, adding that’s on track with recent history. “This Congress by comparison, now three-fourths of the way through, has passed 69 pieces of legislation. So it is clearly by many measurements dysfunctional.” ... Now serving as president of Former Members of Congress, or FMC, a bipartisan nonprofit group, part of Payne’s job is to help remedy that dysfunction.

VaNews April 22, 2024


Commuter train system eyes expansion, part of Virginia’s evolving rail trends

By NATHANIEL CLINE, Virginia Mercury

While 2050 is more than a quarter century away, The Virginia Railway Express wants to start transforming its commuter rail operations much sooner by offering Saturday services as it considers its System Plan 2050, part of holistic, multi-agency efforts to transform rail services in the commonwealth. Last year, the VRE Operations Board — which is represented by the nine jurisdictions that fund the commuter rail service — backed the agency’s budget that included a 5% fare hike, or 50 cents more, due to the increase in services since 2020. The budget also included a plan to, for the first time, operate Saturday train service on tracks shared with Amtrak, CSX and Norfolk Southern.

VaNews April 22, 2024


Roanoke-based Luna Innovations says more financial statements are unreliable

By MATT BUSSE, Cardinal News

The Roanoke-based fiber-optic technology company Luna Innovations Inc. on Friday added more than a year’s worth of previous financial statements to the list of those that it says are no longer reliable. Luna said in a news release that a committee formed by its board of directors has determined that the company’s financial statements from 2022 and the first quarter of 2023 “cannot be relied upon and need to be restated due to identified accounting errors relating to revenue recognition.”

VaNews April 22, 2024


Federal program that helps low-income residents pay for internet is ending, affecting more than 346,000 Virginians

By TAD DICKENS, Cardinal News

A federal program that gives discounts on internet service to low-income households is ending this month, with no immediate plan to replace it. The Affordable Connectivity Program for two years provided discounts of $30 a month, or $75 a month for people on tribal land. The $14.2 billion Congress made available through the Bipartisan Infrastructure Law has run out, and the Federal Communications Commission accepted its final application on Feb. 8. The program also included one-time $100 discounts on laptop, desktop or tablet purchases. Despite multiple requests to extend the program — including from lawmakers and the FCC chairwoman — neither the Senate nor the House of Representatives is on schedule to address it.

VaNews April 22, 2024


DOJ: Richmond man, a Patriot Front member, arrested in connection to Jan. 6 insurrection

By RYAN NADEAU, WRIC-TV

A Richmond man and member of the white nationalist group Patriot Front was arrested Friday and hit with several charges relating to his alleged conduct during the Jan. 6 insurrection, including impeding and physically assaulting officers. According to the Department of Justice, 26-year-old Nathaniel Noyce was arrested on Friday, April 19, in connection to his alleged participation and disorderly, disruptive conduct during the breach of the U.S. Capitol on Jan. 6, 2021.

VaNews April 22, 2024