Allegion Ventures Invests In Openpath To Deliver Access Seamlessly

With the Australia fires, the threat of World War III, and now the global coronavirus outbreak, it’s been a rough start to 2020. Amidst the doom and gloom, there is occasional respite with good news in proptech as the sector, and its players, continue to go from strength to strength. One such story is that of Openpath, a trailblazing Silicon Beach access control startup. This time last year, we looked at the combination of factors that make it one of the frontrunners in its niche.

Walmart, Verizon Are in Talks to Test 5G Services in Store

Walmart Inc. and Verizon Communications Inc.are in discussions to outfit the retailer’s stores with antennas and other equipment to create 5G wireless service, a high-profile test of the next-generation networks. The plan would initially bring 5G service to a pair of locations this year to power new Walmart digital health services the retailer aims to start offering to shoppers and employees, according to people familiar with the matter. It would also provide faster wireless connections for o…

Why CRE Owners Should Pay Attention to their HVAC Systems

Paying close attention to your HVAC system can have a big payoff. Commercial real estate owners tracking HVAC consumption can better plan capital expenditures and maintenance budgets. Motili recently launched a carbon calculator that allows owners to look at their HVAC data at a glance, and the benefits of this data are significant.

ATYPICAL and Waze Driving Traffic To Retail Locations

ATYPICAL, leader in commercial real estate marketing services and Waze, an app that helps riders and drivers get where they’re going—faster, smoother, safer, and happier, today has announced they are working together to bridge the gap in helping to drive traffic to retail brick-and-mortar locations worldwide. Waze, purchased by Google in 2013, amplified its community-sourced navigation capabilities to an audience of more than 110 million drivers worldwide.  

Will The AI Revolution Kill The Back Office?

Thirty-six million jobs, or 25% of all jobs in the U.S., are under heavy threat of being replaced by artificial intelligence, according to a 2019 report from the Brookings Institute. Another 52 million, more than a third of all U.S. employment, are considered at medium risk of being taken over by AI.

Amazon VP Daniel Rausch On Smart Home, Devices vs Ecosystems, New Alexa Features, And Amazon’s Plan To Make Everything Stupid Simple

Amazon VP Daniel Rausch On Smart Home, Devices vs Ecosystems, New Alexa Features, And Amazon’s Plan To Make Everything Stupid Simple

With 70% market share in smart speakers and over 100,000 Alexa Skills powering everything from toasters to transportation, Amazon is a clear leader in smart home technology. Maybe even the leader, depending on how you look at it. It all stems back to Amazon’s failure to crack the smartphone market, and its genius jiu-jitsu move to own voice and the home.

Jared Kushner Divests From Startup Cadre Over Future Conflict Concerns

Jared Kushner has divested from Cadre, the real estate technology startup he co-founded, according to a person familiar with the matter, after the business attracted investment offers that could pose conflicts of interest for the White House aide.

Gridwise aggregates ride-sharing data to give cities mobility insights

Big data is one of the most lucrative by-products of the digital revolution, enabled by the flood of information from smartphones, cars, clouds, and connected devices. Numerous startups have emerged to cash in on these opportunities, including those catering to ride-sharing and delivery drivers. Founded in 2016, Gridwise claims to help drivers earn as much as 39% more per hour by pooling data from various sources and serving up real-time alerts to let them know where and when to show up.

City Opens Investigation of Short-Term Rental Startup Guesty

At a Midtown event last week, a marketing manager for Israeli startup Guesty said New York was “one of [the] biggest, if not the biggest market” for the short-term rental management company. The city now says most of that market is illegal.