Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
The Real Deal
Sandeep Mathrani, the WeLive website and 110 Wall Street (Google Maps) WeWork is considering ditching its co-living business. The Sandee Mathrani-led firm is working with an adviser on options to hand over operations of its two communal living locations in New York City and outside…
GlobeSt
Managing a steady flow of leasing activity, the Altman Cos. has implemented online offerings for potential renters of Altis Grand Central in Tampa, FL. The Altman Cos. has adapted a virtual model of operation at its residential community, Altis Grand Central in Tampa, FL.
Crunchbase
Lemonade, which operates an AI-driven insurance platform, today filed an S-1 with the U.S. Securities and Exchange Commission. The New York-based company revealed a proposed maximum offering price of $100 million. It also noted that it will list its common stock on the New York Stock Exchange under the ticker symbol “LMND.”…
TechCrunch
Propzy, a Vietnam-based startup that guides consumers through the entire process of a real estate transaction, announced it has raised a $25 million Series A led by Gaw Capital and SoftBank Ventures Asia, the early-stage venture arm of SoftBank Group. Other investors included Next Billion Ventures, RHL Ventures, Breeze, FEBE Ventures, RSquare and Insignia.
Openpath
The Openpath Social Distancing Index (SDI) is based on our real time reporting. The graphs below depict consumer access control usage beginning the week of February 24th, 2020*, when all states were operating at 100%. Openpath’s cloud managed platform illustrates anonymized, national building access logs, by state and by industry, indicating how the nation reacts to the COVID-19 outbreak and social distancing protocol. As government administrations begin relaxing stay-at-home orders, which state…
Hive
Did you know that elevator buttons often contain 40 times more bacteria than a public toilet seat, that viruses live up to 24 hours on non-porous surfaces such as door handles, and 80% of sickness-causing germs spread via hands? We would never intentionally touch a public toilet seat, so why then do we not think twice about pressing an elevator button and then shaking someone’s hand?
GeekWire
Slack and Amazon recently announced a significant partnership where Slack will power its voice and video infrastructure with Amazon Chime. This deal is significant for several reasons — on the surface, it will help Slack enable video calls on mobile and provide text transcription. But digging deeper, it’s clear that a robust calling investment is critical in driving Slack’s growth and adoption….
Forbes
We’re in the midst of the most significant reinvention of work in our time. We’ve proven people can work anywhere and the greatest social experiment—sending everyone home to do their work—has decimated barriers to working away from the office. Some contend people are working with a reasonable level of productivity from home. And this is during arguably the worst-case situation for remote work: Being forced to work from home without choice, experiencing stress about the pandemic, sharing space wi…
Crunchbase
DivInc is on a mission to improve diversity in the tech ecosystem by providing black, brown and women founders with the critical resources they need to grow and scale their tech startups. Co-founded by former Dell executive Preston James, the Austin-based nonprofit pre-accelerator holds 12-week programs for underrepresented tech founders. The group’s first cohort kicked off in September 2016 with a group of founders that included three black men, two Latinos, one Caucasian female, and four Asian…
Venture Beat
In a preprint paper, Uber researchers describe MultiNet, a system that detects and predicts the motions of obstacles from autonomous vehicle lidar data. They say that unlike existing models, MultiNet reasons about the uncertainty of the behavior and movement of cars, pedestrians, and cyclists using a model that infers detections and predictions and then refines those to generate potential trajectories….
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