News Archives | Page 666 of 1007 | CREtech

CRETech November 07, 2019
Mobileye, the autonomous vehicle systems developer that Intel paid $15.3 billion to acquire in March 2017, held its first post-acquisition investor summit today, and it was as eventful as might be expected. The Tel Aviv company unveiled a collaboration with Chinese automaker NIO to develop “highly automated” electric cars for consumer markets, and it laid out strategic business pillars and its...
CRETech November 06, 2019
Listen now to episode 3 of The Real Crowd's podcast interview series, "Fundamentals of Commercial Real Estate Investing" at CREtech New York 2019 featuring Karen Hollinger, Senior Vice President, AvalonBay; Kia Nejatian, Senior Ventures Associate, Real Estate & Construction, Plug and Play; MJ Cootsona, Co-Director, Real Estate & Construction, Plug and Play; Minta Kay, Partner, Chair, Real...
CRETech November 06, 2019
SoftBank Group Corp.’s longtime strategy of dumping mountains of cash on promising young companies to create big winners failed dramatically at WeWork, and is showing cracks at a number of its other investments. SoftBank’s nearly $100 billion Vision Fund gave companies like dog-walking app Wag and indoor farm Plenty more cash than they wanted, but the in...
CRETech November 06, 2019
Workplace provider Industrious has announced another agreement with property owner Coretrust Capital Partners for a new coworking location in Pasadena, Calif., on the heels of a similar deal in July. The company will take approximately 29,000 square feet at Corporate Center Pasadena — the largest office campus in Pasadena occupying a full six-acre city block with more tha...
CRETech November 06, 2019
Every morning when he goes to work in the freezer room of a warehouse in eastern Pennsylvania, Jack Westley throws on a hooded sweatshirt to keep warm and grabs a radio to talk to his coworkers. He was recently given a new piece of equipment to wear, which he attaches to a harness over his shoulders. It’s a black device about the size of a smartphone that tracks his every move.
CRETech November 06, 2019

Katerra CEO Michael Marks strolled onto the Las Vegas stage, his name and title projected onto a giant black screen. In a style that’s become a cliché among Silicon Valley startups, he was about to unveil the construction firm’s new products to an audience of more than 200 people.

“We’ve been working hard, quietly behind the scenes for the last few years,...

CRETech November 06, 2019
RenoRun, a construction material delivery service, has raised US$17.1 million (CA$22.5 million) in Series A funding co-led by Inovia Capital and Obvious Ventures. ScaleUP Ventures, Real Ventures, Maple VC, and Silicon Valley Bank also participated in the financing. It comes on the heels of a $3 million seed round that was raised from Real Ventures and ScaleUP Ventures in July, bringing its total ...
CRETech November 06, 2019
Wired Certification is WiredScore’s internationally recognized rating system for commercial real estate. It helps owners and property managers design and promote the digital connectivity and technological capacity of their buildings to tenants. “We want a way to measure, and to learn from the measurement, the technical capabilities of our buildings,” Allied president and chief executive o...
CRETech November 06, 2019
Uber on Monday posted a wider third-quarter loss as the company tries to outspend competitors through discounts and invests heavily in loss-making new business ventures, sending its shares down 5.5% in after-hours trading. Nevertheless, the company promised it would be profitable by the end of 2021 as quarterly revenues, driven by its global ride-hailing business, beat expectations. Uber CEO D...
CRETech November 06, 2019

WeWork’s efforts to cut costs following the ouster of its chief executive officer and a delayed initial public offering looks to be impacting its subsidiaries. Meetup, which WeWork acquired for a reported $200 million in 2017, announced a round of layoffs this morning, TechCrunch has learned.

The company, which helps people foster in-person connections by facilitat...