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CRETech November 16, 2018
We may not have to wait much longer to jump in a taxi without a human driver. According to Bloomberg, Waymo is about to unveil the world’s first driverless ride-hailing service as soon as next month. Waymo has yet to officially announce a new name for the project.
CRETech November 16, 2018
Knotel co-founder Amol Sarva is no stranger to bold statements, nor is he shy about his competition with WeWork. In an interview with Commercial Observer, Sarva said flexible workspace provider Knotel "will be bigger than [WeWork] in the next 15 months," citing his company's rapid growth, and the fact that Knotel already has a third of WeWork's footprint in New York, spread among more pro...
CRETech November 16, 2018
Sales on Singles Day – like Black Friday or Cyber Monday, but bigger – in China soared to a record US$30.8 billion, topping last year’s total by 27 percent. However, year-on-year, this marked the slowest growth in the 10-year history, a confident s...
CRETech November 15, 2018
WeWork, the co-working office company, has expanded rapidly over its eight-year life span, thanks in part to huge investments from SoftBank of Japan. On Tuesday, it secured another big cash infusion from its largest investor.
CRETech November 15, 2018

The 11-story Beaux-Arts building at

CRETech November 15, 2018

Real estate titans have long scoffed at WeWork, which in eight short years has managed to attain a $20 billion valuation by selling short-term leases for shared office space with a mixture of stylish design and free-flowing alcohol.

Derided by some as a real estate company masquerading as a technology company, it has been called ...

CRETech November 15, 2018
According to Gartner, the global business value derived from artificial intelligence (AI) is projected to total $1.2 trillion in 2018, an increase of 70% from 2017.[1] The impact of AI across various industries has caused the world to change. From self-driving ca...
CRETech November 15, 2018
The first three industrial revolutions were driven by coal and steam, then electricity and the automobile, then computing. Now we may be witnessing the rise of the fourth: an economy powered by the mobile internet, automation and artificial intelligence. That was the assessment of Klaus Schwab, founder of the World Economic Forum, who made the fourth industrial revolution the theme of his annua...
CRETech November 15, 2018
Another day, another brokerage deal. Compass is growing its Washington D.C. presence with the acquisition of Wydler Brothers Real Estate, Inman reported. Terms of the acquisition were not disclosed. The deal brings Compass’ agent count in D.C. to more than 500 agents. That represents a...