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CRETech July 15, 2019

Ford Motor and Volkswagen said Friday that they would team up to develop self-driving cars and share electric-car components. The move broadens an existing alliance and shows how automakers are putting aside rivalries to manage the cost of new technologies.

The agreement calls for Volkswagen to purchase a stake in a Ford-backed sta...

CRETech July 15, 2019
Opendoor, the $3.8 billion SoftBank-backed instant home buyer, and its competitor Redfin Corp. are teaming up to gain an edge in the new home-selling segment. The new partnership means Opendoor can get a piece of Redfin’s web traffic — 31 million monthly v...
CRETech July 15, 2019
Google said contractors are listening to customer audio recorded by the company’s virtual assistant, a disclosure prompted by a media report that adds to privacy concerns associated with the technology. Belgian public broadcaster VRT NWS said in a report this week that the Alphabet Inc.
CRETech July 12, 2019
Bird, one of the two leading American scooter companies, is losing money at a terrific rate according to a recent report in The Information. The scooter company and its best-known rival
CRETech July 12, 2019
Knotel, the flexible office provider, announced that it has recently finalized five new locations in New York City, bringing its total footprint in the city to 100 buildings and almost 2.5 million square feet. The announcement comes following completed transactions at more than 24 locations in New York City, London, Paris and San Francisco over the month of May alone. “Owners, brokers and ...
CRETech July 12, 2019
WeWork is on track to have Boston’s largest office footprint by year’s end, the latest benchmark in coworking’s rapid ascent in New England’s largest city. Since first arriving in Boston in 2014, WeWork has quickly grown to be one of the largest tenants in the city. Deals this year include a 250K SF, 11-story lease at One Lincoln Street and a 29K SF lease at One Milk Street in downtow...
CRETech July 12, 2019
NEW YORK CITY— “I found most of the technology in the real estate space that focuses on property management really targets the large luxury complexes,” says Alex Norman, the co-founder and CEO of the proptech startup MyCoop Technologies. “Actually there are none for the most part that service smaller buildings that are run by mom and pops or individuals who can be hard to reach.”
CRETech July 12, 2019
Artificial intelligence tools for commercial real estate are already here, and they are disrupting apartment leasing. AppFolio’s new digital leasing assistant Lisa, is one example of what is possible through AI tools. The assistant is able to take a tenant through the early stages of apartment leasing, answering questions and carrying on conversations in real time. For brokers a...
CRETech July 12, 2019

Refraction, a new autonomous delivery robot company that came out of stealth Wednesday at TC Sessions: Mobility, sees opportunity in areas most AV startups are avoiding: regions with the worst weather.

The company, founded by
CRETech July 12, 2019
The incendiary lawsuit Realogy filed Wednesday accuses Compass of “illicit” business practices, “predatory” poaching and attempts at price-fixing. The 68-page suit, filed in New York State Supreme Court, provides a raft of detailed examples for how the $4.4...