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Terabitz addresses data-scraping concerns

New online company gets mixed reaction from industry

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Shortly after its highly publicized launch last week, Terabitz, a new venture-backed real estate site that mashes up data sources on neighborhoods and ZIP codes throughout the U.S., has removed some data feeds from its site after being accused of illegally scraping data from real estate Web sites. Ashfaq Munshi, co-founder and CEO of the Silicon Valley company, said Terabitz has received a handful of complaints from real estate companies saying Terabitz is using their data improperly. Online property listings display has been a hotbed issue in real estate for many years. Most brokers prefer to have full control over where their listings show up on the Internet, and a number of new companies have approached listings sites by partnering with brokers for permission to display data. Terabitz has done a number of things to address the issue, Munshi said, including fixing incorrect attributions, and in some cases removing the data feeds in question. He also said the company is interested in...