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San Francisco entrepreneur Madhu Chamarty got the idea for his latest startup from Amazon. com Inc.’s search for its second headquarters, which included finalists like Indianapolis, Pittsburgh and Columbus, Ohio. For him, the search highlighted overlooked cities away from the coasts that had the talent pools to host tech companies. Early last year, he laun...
Amazon is set to announce a new business line selling the technology behind its cashierless convenience stores to other retailers, the company told Reuters. The world’s biggest web retailer said it has “several” signed deals with customers it would not name. Today, a new website will invite others to inquire about the service, dubbed Just Walk Out technology by Amazon.
he Wing, a female-focused co-working startup, was valued at roughly $365 million in the heady days of 2018, before WeWork’s botched initial public offering cast a pall over the industry. Now, investors have pegged the Wing’s valuation at substantially less -- about
With the ink barely dry on a deal to buy Managed by Q from WeWork, office-management startup Eden has laid off three-quarters of its formal rival’s workforce. Sources said San Francisco-based Eden laid off 75 of Managed by Q’s 100-person team last Tuesday. On Monday, Managed by Q founder Dan Teran posted a “farewell” letter to staffers on Medium, linking to a spreadsheet with the names of ...
TFLiving, looking to bring amenities to residential and commercial spaces, has today announced the close of a $4.8 million seed financing led by Camber Creek. Courtside Ventures, and other strategic investors, also participated in the round. TFLiving uses technology to connect service providers, like massage therapists, yoga instructors and dog walkers, with property man...
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“[The rise of STRs is] definitely something that everyone needs to pay attention to,” Sam Moon Group Vice President Daniel Moon said. “I think it’s something where there is a place for it ... And, as you can see, that trend is growing.” The numbers coming from the STR community are significant enough to command notice from hoteliers like Moon, who mostly develops full-service ...
A few years ago, Bill Gates has announced plans to build a smart city outside of Buckeye in Arizona. Through his subsidiary Mt. Lemmon Holdings, the billionaire spent $80 million to purchase more than 24,000 acres of land with plans to build a smart city, which will include housing, schools, offices and retail. Since the purchase, there has been limited information on the development of the projec...
The startup dedicated to empowering all people with smartphone-based identity signals for universal access, has launched a reader so small it can be installed behind existing access card readers in less than five minutes, making it quick and inexpensive for companies to provide employees, tenants, and visitors with smartphone-based building access with zero impact to existing security systems. Bef...
Are new factory technologies replacing human workers or are they giving them extra abilities so they can focus more on what makes humans irreplaceable in plants? A look at the latest crop of technologies transforming factories suggests the answer is both—at least for now. • Some new tools, including wearable devices and sensors, are helping employees work more safely and efficiently. But other...