News Archives | Page 963 of 1011 | CREtech

CRETech July 19, 2018

Facebook will dramatically accelerate its research into artificial intelligence, its chief AI scientist said Tuesday, in hopes of ensuring the social network doesn’t fall behind with the technology it will need to contend with Internet rivals and police its gargantuan audience.

The world’s biggest social network said it would recruit high-profile en...

CRETech July 19, 2018
This series profiles men and women in commercial real estate who have profoundly transformed our neighborhoods and reshaped our cities, businesses and lifestyles.   When Nick Romito is not overseeing operations of the widely used leasing and asset management platform VTS, which he founded eight years ago, he is surfing waves at nearby beaches, blasting Bruce Springsteen in the car with the ...
CRETech July 18, 2018
Latch, a Manhattan-based startup that builds app-based locking systems, has struck a deal with UPS that lets apartment dwellers who don't have a doorman receive deliveries when they're not home. UPS drivers can now unlock Latch-enabled doors using a trackable, dedicated "credential" or code on their handheld device and leave packages in a lobby or some other secure area within the building. Dri...
CRETech July 18, 2018
R3, a blockchain-software company that works with more than 200 heavyweights such as Intel Corp., Microsoft Corp., US Bancorp and Wells Fargo & Co., is considering going public, according to people familiar with the matter. The company is speaking with advisers about a initial public offering, although no final decisions have been made, said the people, who asked not to be identified becaus...
CRETech July 18, 2018
StreetEasy is letting Premier Agents in New York City double down on the lucrative advertising program. The Zillow-owned portal is rolling out “My Agent,” an optional feature that lets buyers continue working with agents they’ve already contacted on StreetEasy. Specifically, Premier Agents who spend a certain am...
CRETech July 18, 2018
If you’re endlessly distracted by your co-workers in the gaping open office space you all share, you’re not alone. Compared to traditional office spaces, face-to-face interaction in open office spaces is down 70 percent with resulting slips in productivity, according to Harvard researchers...
CRETech July 18, 2018
Private-equity firm General Atlantic has made a minority investment in U.K. lending startup Greensill Capital, continuing its strategy of placing bets on companies that use technology to try to disrupt the traditional financial system. The New York private-equity firm is investing $250 million, valuing Greensill at $1.64 billion, the two companies told The Wall Street Journal ahead of a planned...
CRETech July 18, 2018
Redfin is looking to raise up to $239 million through a combination of debt and stock offerings, according to a filing with the U.S. Securities and Exchange Commission Monday. In the filing, the company didn’t go into great detail on why it is seeking the cash infusion and said management has broad discretion in how it uses the funds. Redfin noted the money would be used for “working capita...
CRETech July 17, 2018
Bike and scooter startups are raising at sky-high valuations. We map out the investor landscape for the unicorns paving the way in bike- and scooter-sharing.