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BALTIMORE (Reuters) - Amazon.com Inc dismissed the idea of running a fully automated warehouse in the near future, citing the superior cognitive ability of humans and limitations of current technology.
Scott Anderson, director of Amazon Robotics Fulfillment, said technology is at least 10 years away from fully automating the processing of a single order picked by a worker inside a warehouse.
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The consolidation of the coworking industry took another step forward Thursday.
Industrious is expanding its reach by acquiring TechSpace, a flexible workspace provider that will add seven new locations to its portfolio. The sale price was not made public, and the acquisition, announced in a morning press release, brings TechSpace locations in California, Texas, Virginia and New York under the...
If it ultimately pursues an initial public stock offering, shared office space provider WeWork has the choice of strategies such as paying down debt, trying to make acquisitions and retaining employees with stock grants. Those possibilities will be offset by enhanced regulatory scrutiny, higher compliance costs and shareholder pressure to meet quarterly results.
PALO ALTO, CA—Cushman & Wakefield has a new partnership with Stanford University’s Disruptive Technology and Digital Cities program, a collaboration aimed at identifying, developing and launching transformative technologies within the commercial real estate space. The par...
Monitoring a space is about a lot more than security cameras. Awair is trying to help businesses and consumers more deeply understand the environments in which they live and work.
The owner of the New York Stock Exchange is betting on further digitization of the U.S. mortgage market with the $335 million acquisition of Simplifile, a firm that facilitates electronic processing of mortgage records.
Bird and Lime are scooting along, backed by hundreds of millions in venture capital. But there are still plenty of companies hoping to dominate the still-nascent micromobility market, given its promise. Among them: Bond Mobility, a three-year-old Palo Alto, Calif. and Zurich, Switzerland-based startup that says its “high-performance...
Marriott is getting into bed with the short-term rental industry, and experts say the move will further legitimize, not kill off, the growing home-sharing sector.
WeWork’s announcement this week that it has filed preliminary paperwork to pave the way for a public offering is a signal of its plans to expand further. But in Europe, the company faces a more competitive field where local firms dominate market share in...