GE Exits Lightbulb Business It Pioneered

General Electric Co. is getting out of the business of making lightbulbs, selling a unit that defined the company for nearly a century and was its last direct link to consumers. GE said it would sell its lighting business to Savant Systems Inc., a seller of home-automation technology. Terms of the deal weren’t disclosed, but the transaction valued the unit at around $250 million, including assumed liabilities, according to a person familiar

Hotels Race To Install Hottest New Tech For Post-Pandemic Travelers

When travelers return, hotels will be different places, replete with new technology used to provide a safer post-pandemic environment, hotel operators and other experts say. Some new hotel tech will be an acceleration of trends underway before the pandemic, such as contactless, touchless check-in.

Valuation of Israel’s Monday.com Jumps 42% to $2.7 Billion

The valuation of Monday.com, an Israeli startup that makes software to help employees work remotely, jumped to $2.7 billion, according to people familiar with the matter, managing a 42% increase since it last raised money even as many startups confront down rounds.

Practicing Architecture in a Pandemic

A look at Access Control Trends and Narratives Pre, During, and Post COVID-19

At Inside Access Control, we have been tracking the trends and narratives of the access control industry. A lot has changed over the past couple of months and we believe while some will stick, others will drop off.

MakeSpace Raises $55M Series E To Revolutionize Storage Industry

On-demand storage company MakeSpace is poised to revolutionize the United States’ $39 billion self-storage industry and has attracted a big investor to help drive its mission.

Brookfield-Backed Industrious Plots IPO, Adds Female Director

Industrious, a workplace provider that counts WeWork among its rivals, is taking steps toward an initial public offering, which could come as soon as next spring.

Furniture rental startup Fernish raises $15M from Khosla, Jeff Wilke, Spencer Rascoff, others

A group of top Silicon Valley investors and veteran tech executives are putting more cash behind Fernish, a Los Angeles-based startup aiming to reinvent how people buy furniture for their homes. Khosla Ventures led a $15 million Series A round announced Tuesday, which included participation from Techstars Investments, Tapas Capital, RET Ventures, and individuals such as HotelTonight co-founder Jared Simon, Zillow co-founder Spencer Rascoff, former Invitation Homes CEO Fred Tuomi, and Applied Sem…

The Future of Work Isn’t Fully Distributed or Remote

Big tech has lead workplace and talent strategies for the last decade — Namely how to attract and retain the best talent (e.g. onsite cafes, casual dress, summer hours, paid sabbaticals, etc). Now Facebook, Microsoft and others are outlining new work from home policies given recent productivity gains reported during sheltering in place orders telling employees that they won’t be required to show up until at least 2021: Zuckerberg also said that 50% of his workforce will be WFH by 2030 (even when…

TODAY @ 12 PM EST: CREtech Talks – Fully Automated Multifamily

The multifamily sector has been on a rapid path of growth and expansion over the past several years.  However, with the current pandemic disrupting occupancy, it’s no longer business as usual. Hear from four of the most insightful and active multifamily real estate owners and operators as they discuss their perspectives on the impact of the pandemic and how they’re leveraging innovative technology to help increase occupancy, community, and more.