News Archives | Page 583 of 1011 | CREtech
The fast-spreading coronavirus has prompted even the biggest U.S. companies to cut their spending and bolster their balance sheets, proving once again how cash is king, especially in times of crisis. After a decadelong U.S. economic expansion, not every company has entered this crisis with the same cash cushion.
Corporate travel startup TripActions Inc. is reportedly laying off hundreds of employees in the face of a slowdown in business related to the COVID-19 pandemic. According to The Wall Street Journal, the layoffs represent roughly one-fifth to one-quarter of the startup’s employees. The publication cited an unnamed person familiar with the matter.
5G patrol robots are being deployed to monitor mask-wearing and body temperatures in public places while an intelligent robot developed in a week will be used to disinfect hospitals.
Things are going from bad to worse in the world at the moment. I’ve been in total lockdown for nearly two weeks, and it looks like you’re all about to join me, if you haven’t done so already!
From Accelerators to Early and Late Stage Investors, our three expert panelists will share their views on the impact of the pandemic in the short and long term as well as offer tips/suggestions for startups to help them navigate these uncharted waters. Moderated by THE ecosystem thought leader, Steve Weikal of MIT Center For Real Estate, this panel discussion featuring the most insightful and act...
The nation’s first zero net energy archive facility is now complete in San Diego County. The property is a 25,000-square-foot, single-story property with zero net energy and LEED Gold certification (pending). The project is part of San Diego County’s aggressive strategic energy plan, which includes energy and water efficiency in new construction buildings. C.W. Driver Cos. was the contractor o...
On April 7th we will be live streaming the cohort companies’ pitches and will hold some virtual 1:1 investor meetings. This live stream will remain open by invite-only to accredited investors & potential corporate, government, and nonprofit partners of the cohort. There will be no in-person convening. Please use the “Request an Invite” form below if you are an accredited inv...
After announcing plans to lay off a fifth of its workforce because of the coronavirus crisis, flexible workspace provider Convene is readying to furlough hundreds more. The company told 421 people this week that they would be furloughed starting March 30, Bisnow has learned.
This is one of the messages in ABI Research’s whitepaper that looks at the current and future ramifications of COVID-19 across technologies and verticals, including smart cities.
Lyric, the Airbnb-backed hospitality startup, is drastically downsizing — just a month after laying off 20 percent of its staff. With the coronavirus pandemic bringing travel to a standstill, the San Francisco-based company gave pink slips to the majority of its 100 employees on Friday, sources said.