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News Archives | Page 638 of 1015 | CREtech
Another startup backed by SoftBank Group Vision Fund could be headed for disaster. India-based discount hotel brand Oyo has expanded at a breathtaking pace since its founding six years ago by then-19-year-old Ritesh Agarwal. Some of that expansion may have been achieved through a "toxic" office environment of intense pressure and corporate tendencies to stiff its partners and ignore local laws in ...
We are excited to announce our virtual demo day webinar schedule for 2020. Tune in to our live virtual demo day webinars to experience demos from the most innovative tech companies in commercial real estate. Virtual demo day is the best way to discover startups that you need to know about without leaving your desk. Plus, they are free!
Picture a tray. On the tray is an assortment of shapes: Some cubes, others spheres. The shapes are made from a variety of different materials and represent an assortment of sizes. In total there are, perhaps, eight objects. My question: “Looking at the objects, are there an equal number of large things and metal spheres?” It’s not a trick question. The fact that it sounds as if it is is pro...
Although scores of tourists flock to the city each year, and occupancy in NYC hotels remains high compared to the U.S. average, the rate hoteliers reel in for rooms has been sliding for years. In 2019, New York City’s hotel occupancy rate dropped 1.2% from the year before, The New York Post reports, citing figures from hospitality data firm STR. Meanwhile, the industry's leading performance ...
Trifo, a Santa Clara, California-based maker of smart home products, raised 15m in Series B funding. The round, which brought total funding raised to date to $26, was led by Yidu Cloud, Tsinghua AI Fund and Matrix Partners. The company intends to use the funds for continued hardware and software development on future Trifo AI home robots, U.S. and European market expansion, and talent acquisitio...
AI is no longer poised to change the world someday; it’s changing the world now. As we begin a new year and decade, VentureBeat turned to some of the keenest minds in AI to revisit progress made in 2019 and look ahead to how machine learning will mature in 2020. We spoke with PyTorch creator Soumith Chintala, University of California professor Celeste Kidd, Google AI chief Jeff Dean, Nvidia dire...
The discounts and freebies many tech startups have used to lure customers—free lunch delivery, $3 beauty products and bargain taxi rides—have fallen out of favor with investors who are losing patience with the failure of these companies to turn a profit. The proliferation of subsidized products and services from venture-capital-backed startups over the past decade reflected a rush by investor...
It’s not easy to make the transparent visible, particularly when it comes to infrastructure. It’s easy to take the mundane for granted except for when things go wrong: our cell phone networks; the modern electrical grid that has been around for more than 100 years; our water and sewage systems; and especially the buildings we spend most of our lives inside of.
The building you call home, or...
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. It’s finally 2020, the year that should bring us a direct listing from home-sharing giant Airbnb, a technology company valued at tens of billions of dollars. The company’s flotation will be a key event ...