News Archives | Page 657 of 1015 | CREtech
New York tops the 12th annual list of the world’s most innovative cities, compiled by 2thinknow. The Big Apple leapfrogged last year’s leaders, Tokyo, London and San Francisco. 2thinknow said New York had embraced a “more human and sustainable lifestyle, start-up economy and new smart technologies” and was the winner despite Tokyo’s tech edge in burgeoning fields like robotics. New Yor...
Iotic, a London, UK-based Digital Twin Technology company, raised €7.5m in funding. Backers included IQ Capital, Talis Capital and Breed Reply. The company intends to use the funds to drive rapid deployment, deepen channel partnerships and expand market adoption of its patented Iotic Operating Environment, Twin technology and Event Analytics platform.
A week after being evicted from a Sixth Avenue office building, a c-oworking firm has told its members to return. Corporate Suites says it has settled a nonpayment dispute with its landlord at 1001 Sixth Avenue. The firm’s tenants received an unwelcome visit last Friday from the New York City Marshal, who instructed dozens of people to clear two floors in the building. One business owner previ...
The equivalent of over 100 human lifetimes is spent globally each day on data entry from invoices alone, according to Czech AI startup Rossum. And that is why the company is using deep learning technology to help businesses ditch manual data entry altogether, freeing up humans to focus on more complex or creative tasks.
Virgil, the French fintech supporting millennial home ownership, has raised €2.1 million from Alven Capital, LocalGlobe, Kima Ventures, and a group of angel investors. Owning a dream home is becoming more of a pipedream, especially for a generation that started careers in an economic downturn, working in cities where cost of living is on the constant rise. In Paris, the price per square metre h...
As WeWork tries to right its ship following its disastrous IPO attempt, it is opening several large, new spaces in the D.C. market that will add hundreds of thousands of square feet to its portfolio. As it attempts to fill those spaces, it will do so with a radically different corporate outlook: The company is laying off 2,400 employees, has a new chairman and co-CEOs and is grappling with mount...
For 80 minutes on Thursday, in the midst of another busy day at work, I was transported to a different world. The ambient music and house-blended tea put me in the mood. The 84-degree room set the stage for physical and mental exercise with my virtual yoga instructor. And a luxurious shower, complete with botanical shampoo and egyptian towels, helped prepare me for re-entry into reality.
Five months after Realogy hit Compass with a bombshell lawsuit, the SoftBank-backed defendant is looking to resolve things outside of a courtroom. In a Nov. 25 motion, Compass asked a New York judge to stay the legal proceedings and compel the two companies to seek arbitration. The brokerage’s motion argues that the majority of Realogy’s accusations pertain to the Corcoran Group, its success...
A SoftBank-backed real estate startup with a broad vision has reportedly backed out of several deals this year — but its name isn't WeWork. Katerra, a Menlo Park-based prefab construction startup valued at over $4B, has stopped work on at least six projects this year, according to The Information, and is raising eyebrows among CRE sources Bisnow spoke to recently. Consistent with the other s...
Entera — a premier real estate technology platform that enables investors to efficiently access, make data-driven decisions, and purchase residential real estate — announced it has raised $7.5 million in funding. This round of funding was led by Bullpen Capital and Craft Ventures with participation from ValueStream Ventures and Chris Heller, who is the former CEO of Keller Williams and current...