News Archives | Page 696 of 1015 | CREtech
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...
SoftBank Group Corp. is tapping Marcelo Claure to help turn around WeWork, after ousting co-founder and Chief Executive Officer Adam Neumann from the corner office earlier this week.
Masayoshi Son, the head of SoftBank, WeWork’s largest ...
At 7:12 on a mild late-summer morning in New York City, WeWork's registration papers hit the Securities and Exchange Commission's website. The filing, called an S-1, was expected. It was a crucial step in what up to that point had been an exquisitely choreographed march toward an initial public offeri...
BERLIN, Sept. 27, 2019 /PRNewswire/ -- Global coworking operator rent24 has launched its proprietary smart buildings technology service 'r24 solutions'. The PropTech service is available for landlords and operators who are looking to make efficiencies in their building operations as well as to provide an enhanced experience to its o...
WeWork shelved its plans for an initial public offering on Monday, a startling retreat for a company that expanded rapidly in recent years as it sought to transform commercial real estate in the world’s biggest cities.
The move is the clearest sign yet that investors are increasingly wary of ambitious young companies that have ru...
CHICAGO, Sept. 30, 2019 /PRNewswire/ -- JLL (NYSE:JLL) today announced the formation of JLL Technologies, a new business division that will align and expand its technology and digital initiatives, and accelerate innovation in commercial real estate for its investor and occupier clients. Longtime Silicon Valley veterans
