WeWork, seeking to cut costs and unload assets, is in discussions to sell one of its business units for less than a quarter of the price it paid eight months ago, according to people familiar with the talks. A group of investors and technology executives are negotiating a purchase of the Managed by Q unit from WeWork that would value the software business ...
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Workplace services company Convene reports that it has entered a managed service agreement with Sterling Bay for 22,000 square feet at the One Two Pru office complex in the South Loop here. The deal expands the Convene-Sterling Bay workplace services partnership to three Chicago properties. Under the terms of the deal, Convene will manage the building’s meeting and amenity experience on the 11t...
Google, Amazon, Apple, and other technology companies have teamed up to develop a smart home connectivity standard that makes it easier for software and devices to play ball across the smart home ecosystem. Connected Home Over IP, as the new working group is called, will be spearheaded by the Zigbee Alliance, a group of companies that develop and maintain the ZigBee standard, which enables close-...
AT&T announced last week its 5G network has gone live in 10 U.S. cities. The network is available for users in Birmingham, AL; Indianapolis; Los Angeles; Milwaukee; Pittsburgh; Providence, RI; Rochester, NY; San Diego; San Francisco; and San Jose, CA. Customers can only use the network if they have a Samsung Galaxy Note10+ 5G smartphone and have either AT&T's Unlimited Extra or Unlimited E...
Roofstock, an online marketplace where you can invest in single-family rental homes, has topped $2 billion in transactions. The three-year-old platform topped $1 billion in January 2018. In July, Roofstock said it had surpassed $1.6 billion thus investing velocity is increasing. In a release, Roofstock states that the supply of investment opportunities is increasing – by 10X since 2018. Sellers...
At the Tackling Climate Change workshop at this year’s NeurIPS conference, some of the top minds in machine learning came together to discuss the effects of climate change on life on Earth, how AI can tackle the urgent problem, and why and how the machine learning community should join the fight. The panel included Yoshua Bengio, MILA director and University of Montreal professor; Jeff Dean, Go...
If 2019 is any indicator, 2020 will be a promising year for proptech. As CREtech researchers, we analyzed the market and identified a number of trends that will shape the proptech industry in the coming year. Download our 2020 Emerging Trends Reportto learn about the technologies that proptech adopters, innovators and...
Forget Black Friday or Cyber Monday. Travis Kalanick is having the sale of the century. The Uber Technologies Inc. co-founder unloaded $350 million more of stock this month, bringing his proceeds to more than
China’s largest co-working company, Ucommune, has filed plans for an initial public offering on the New York Stock Exchange. The offering could take place as early as next month, the Wall Street Journal reported. It will represent a test of investor sentiment following WeWork’s IPO debacle this fall — was WeWork’s failure a symptom of problems specific to the company, or is the co-working...
Advances in technologies have the potential to impact our lives in many profound ways, from the coffee you drank this morning that has an equal chance of being made by a fully automated espresso machine as it does in the otherwise capable hands of your local hipster barista, to the device you’re most likely reading this very article on that’s millions of times more powerful than the NASA super...