News Archives | Page 783 of 1007 | CREtech

WeWork Files for I.P.O., Joining Wave of Cash-Burning Start-Ups in Going Public

CRETech April 30, 2019

Over nine years, WeWork has grown from one work space in Manhattan into a global empire of trendily designed shared offices, business services and more.

Now WeWork is hoping that public investors believe the company can eventually turn a profit from that vision.

A PropTech Primer

CRETech April 30, 2019

After decades of lagging behind on technology, the real estate industry faces a wave of tech-enabled innovation that is reshaping the ways in which property is bought, sold, leased, financed, designed, built, managed and marketed. A new term has been coined: PropTech.

Amazon’s warehouse-worker tracking system can automatically fire people without a human supervisor’s involvement

CRETech April 29, 2019

Amazon’s demanding culture of worker productivity has been revealed in multiple investigations. But a new report indicates that the company doesn’t just track worker productivity at its warehouses – it also has a system that can automatically fire them. Amazon has fired more than 300 workers, citing productivity, at a single facility in Baltimore in a single year (August 2017 through Sept...

Wireless broadband startup Starry files to raise up to $125 million

CRETech April 29, 2019

The never-ending quest to kill Comcast is poised to receive some renewed investment as an ambitious startup readies to secure some new cash.

Starry, a Boston-based wireless broadband internet startup, has filed to raise up to $125 million in Series D funding according to a Delaware stock authorization filing uncovered by

Hotel Startup Selina Raises $100M in Series C Round

CRETech April 29, 2019

A Panama-based startup that mixes high-end hotel units with multiple bed dormitory rooms, coworking space and local eateries in the same building, Selina, raised $100 million in funding this week, the company announced. Selina, which operates more than 22,000 beds in 46 countries and recently started an expansion in the United Stat...

Businesses’ Adoption of AI Is Expected to Surge

CRETech April 29, 2019

Adoption of artificial intelligence globally is about to experience a big increase in the next two years as the technology begins to prove itself in core business operations, predicts a new report from consulting firm Deloitte LLP. The report says 25% of businesses surveyed have implemented cognitive technologies such as AI or machine learning, either as pilot projects or as long-term strategie...

Rockefeller Center Tower to Offer Airbnb Rentals

CRETech April 29, 2019

NEW YORK—The owner of a high-rise office building in Rockefeller Center is teaming up with home-rental giant Airbnb Inc. to convert 10 floors into the first modern-day lodging in the landmark 87-year-old complex.

RXR Realty and Airbnb said they hope to open the facility at 75 Rockefeller Plaza in about a year. The upscale rooms will be on the higher floors of the 32-st...

Meet the building-wellness startup partly backed by Bill Gates and valued at $800M

CRETech April 29, 2019

Can a certification for buildings’ wellness become as widespread as the LEED certification of sustainable design? That is what former Goldman Sachs partner Paul Scialla is betting on as the founder of Delos, a New York City-based startup that is selling a “Well” certification that developers, employers and hotel operators can publicly display in their lobbies and promotional materials, Fo...

5 companies are testing 55 self-driving cars in Pittsburgh

CRETech April 29, 2019

In early March, Pittsburgh Mayor William Peduto signed an executive order mandating that firms testing self-driving vehicles submit materials outlining their testing methods every six months to the city’s newly formed Department of Mobility and Infrastructure (DOMI). Findings from the first of these were quietly pub...

JLL Property Management President Mark Zettl on JLL’s Curae Approach to Experiential Office

CRETech April 29, 2019

Just like retail, the office sector has to evolve in order to get people through the doors of assets. After all, just as people can shop online instead of heading to the local mall, they can also work from home or sign up with a coworking operator rather than head into an office. To combat this, both sectors are creating experiential environments to make their own assets more enticing. In the o...