Home-sharing company Airbnb may eschew an IPO in favor of a direct listing, according to a Bloomberg report, following a rocky summer of tech public offerings...
News Archives | Page 688 of 1007 | CREtech
BERKELEY, CA -- Today, the Housing Lab, a program of the Terner Center for Housing Innovation at the University of California, Berkeley announced the six companies selected from over 135 applicants for its inaugural cohort. In addition to a $100K grant, the Housing Lab will tailor its resources to meet the individual ne...
United Parcel Service Inc. UPS -3.35% said it received the first-of-its-kind federal approval to start setting up a fleet of unmann...
Join us for CREtech’s biggest east coast two-day conference on October 16-17, 2019. Get an all-access conference pass to discuss all things real estate tech innovation with the most sought-after speakers, the leading startups, investors from around the world, motivated developers/owner...
After what was possibly the world’s worst week for WeWork, the newly headless company closed on a 362,197-square-foot lease at 437 Madison Avenue in the Plaza District.
The coworking giant will occupy floors two through 12, plus a portion of the 14th floor, at the 40-story, 850,000-square-foot building, located between East 49th and East 50th Streets. It will replace Omnicom,...
WeWork isn’t the only company whose value sank when the co-working giant stumbled.
Some firms it bought with a mix of cash and stock options are suddenly worth a lot less, at least on paper.
And now they are on the chopping block as the office-space startup tries to right itself after weeks of turmoil and an abandoned IPO. WeWork is also looking to cut costs and raise capital, potentially ...
LONDON—For CRE professionals, technology has been a double-edged sword, creating both challenges and opportunities.
If real estate professionals have been challenged by technology, it’s likely they see it as a threat. But DLA Piper’s Global Real Estate Practice Co-chair John Sullivan thinks people need to look at it differently.
“I think people who look at technology as only a threat...
For years, WeWork’s parent company was defined by big spending as it relentlessly pursued rapid growth.
Now, in the aftermath of a botched initial public offering attempt and the
CoStar Group Inc., which has built a multibillion-dollar business out of selling commercial real estate data, is making its biggest push so far into the hotel business by agreeing to pay $450 million in cash for STR, one of the world’s largest hotel data firms, the companies said Tuesday.
Founded in 1985 as Smi...
Training powerful text to speech models requires sufficiently powerful hardware. A recent study published by OpenAI drives the point home — it found that since 2012, the amount of compute used in the largest runs grew by more than 300,000 times. In pursuit of less demanding models, researchers at IBM developed a new lig...