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This week marks the official opening of Cornell Tech's campus on Roosevelt Island and a major milestone in the evolution of New York's tech sector. If you haven't been to the campus yet, go. (You can now get there by ferry, in addition to the F line and the tram.) I was there a few weeks ago to see the first three buildings on the 12-acre campus, which has turned the island into a d...
From left: Adam Neumann, 28 Liberty and Mao Daqing A month after suing Chinese rival UrWork for copyright infringement in London, coworking behemoth WeWork filed a similar lawsuit in New York. WeWork alleges that the names are too similar and that customers could mistake one for the other. “WeWork has invested substantial time and money building a superior brand to ensure that our brand name is ...
cherezoff | Getty Images Insurance firms are facing increasing competitive pressure on all fronts due to the emergence of a number of insurance technology (insurtech) start-ups, according to a report. With the integration of technologies like artificial intelligence, blockchain and drones entering the insurance mix, the sector is being forced to rethink its model. The World Insurance Report, publi...
The ecosystem of everyday objects embedded with computing devices (also known as the Internet of Things) is growing rapidly. Soon, every item we interact with in our daily lives could be controlled through another device. But why does that matter? Why you should care about the IoT The Internet of Things is already expanding. Modern factories are now highly automated and integrated with technology....
CoStar Group, a provider of commercial real estate information, analytics and online marketplaces, is to acquire ForRent, a division of Dominion Enterprises, for USD350 million in cash and USD35 million in CoStar Group stock. ForRent’s primary service is digital advertising through a network of four multifamily websites — which includes ForRent.com, AFTER55.com, CorporateHousing.com and ForRen...
According to the Microfocus blog, more than four million hours of video is posted to YouTube each day. There are billions of Facebook, Instagram, Snapchat and Twitter posts every day. There are more than six billion Google searches every day, too. There are at least 250,000 podcasts out there. Marketing expert Mark Schaeffer writes often about “content shock,” the phenomenon where content crea...
As American cities look for new ways to use technology and partner with companies to create more appealing and efficient urban environments, innovative new concepts are coming to the forefront. At Tuesday's Inclusive Smart Cities Summit, hosted by the Washington D.C. Economic Partnership, speakers pitched topics from smart office environments to public-private transportation solutions to job ...
CoStar Group today announced an agreement to acquire ForRent from Virginia-based Dominion Enterprises as it continues to expand its Apartments.com online apartment rental platform with the goal of listing every single apartment unit available for rent in the U.S. Under the purchase agreement, expected to close in the fourth quarter of 2017, CoStar will acquire the operator of four multifamily rent...
Deal to Acquire ForRent to Add Millions of Renters to CoStar's Apartments.com Network CoStar Adding Scale in Online Apt. Rental Space, 110 Million US Renters Spend Nearly Half a Trillion Dollars on Rent Per Year in Fast-Growing Consumer Market Segment By CoStar News Staff September 12, 2017 Email Print CoStar Group today announced an agreement to acquire ForRent from Virginia-based Dominion E...
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