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Topic: real estate
Briefing
Real Estate
Markets
Opendoor, in Announcing SPAC, Opens Up About Losses
The company reported a net loss of $339 million last year, up from $240 million in 2018.
Briefing
Real Estate
Markets
Opendoor in Talks to Go Public Via SPAC Merger
If completed, the merger would make Opendoor one of the most high-profile tech firms to go public via SPAC.
Briefing
Real Estate
COVID-19
Pinterest Backs Out of San Francisco Office Lease
The lease termination is one of the first instances of a tech company completely pulling the plug on an upcoming real estate deal in San Francisco.
Briefing
Real Estate
Amazon
Amazon’s Expansion Plans Bet Big on the Office
Amazon’s plans to add thousands of office jobs comes as the future of remote work and the office is being debated.
Briefing
Real Estate
Venture Capital
WeWork Revenue Fell Between First and Second Quarter
The credit facility helps offset WeWork's $671 million cash burn in the second quarter.
Briefing
Real Estate
Facebook
Facebook Inks Major New York Office Lease
The deal is a sign that tech companies still expect a large swath of their employees to want to work in offices in big cities after the coronavirus abates.
Briefing
Real Estate
Zillow Says Most Employees Never Have to Come Back to Office
The 5,400-person, Seattle-based company is one of the largest to embrace remote work indefinitely.
Briefing
Real Estate
WeWork Cut Workforce by 60%, on Track for 2021 Profits
Marcelo Claure told the FT the company expects to generate profits and positive cash flow by 2021.
Briefing
Real Estate
E-commerce
Microsoft Closes Stores Permanently
The software giant had operated the stores for 11 years, expanding into London only last summer.
Antoine Carriere
on A $200 Million Seed Valuation for Roam Shows Investor Frenzy for Note-Taking Apps
‘For all investors listed, this looks like a fairly small chip that provides signaling benefits and won't make or break their broader portfolio.’
M.S.Krishnan
on Chromebooks Gain Share of Education Market Despite Shortages
Ajay Juneja
on California’s 2020 Budget Solution: A Startup Equity Tax
Eric Di Benedetto
on California’s 2020 Budget Solution: A Startup Equity Tax
Bill O'Connor
on Elon Musk Shows Neuralink Device Implanted in Pigs
This was like “Charlotte's Web” meets “The Matrix.”
Arthur P. Johnson
on Apple’s China Loopholes Are Starting to Close
Pano Anthos
on An Oracle-TikTok Deal Might Not Be Crazy: The Information’s Tech Briefing