The hunt for Amazon’s second headquarters location is likely going to result in a “pick two” situation. Amazon.com plans to split its second headquarters evenly between two locations, The Wall Street Journal reports.If Amazon does split its planned, massive second headquarters between two cities, that would split the workforce and the economic boom it’s promised between the two cities. Each city would then add about 25,000 employees, in
Which city will be the site of Amazon’s second headquarters? City officials in finalist areas are anxiously awaiting, and some investors are already betting on the winner and snatching up real estate ahead of the announcement or gathering commitments ahead of time so they’ll be ready to pounce once the winner is announced, The Wall Street Journal reports.“HQ2 is guaranteed to meet three criteria: tech job growth, tech job growth, and tech
Google announced this week that it will be shutting down its Google + Network on Aug. 31, 2019. Google made the announcement after reports surfaced that the data of half million users had been exposed on the social network.The Wall Street Journal alleges that Google knew about the security issue dating back to March 2018 too but failed to disclose it to users. Google has said it remedied the vulnerability in March. The data breach was due to a so
Will people trust the social network's new consumer device after all those data security problems?In a suite at San Francisco's Four Seasons hotel, Rafa Camargo, a vice president at Facebook's secretive Building 8 hardware lab, sits on a couch discussing the speed of light.He's explaining the physics behind how sound and video travel, and why there might be a delay if two people tried to, say, sing a song together over a video call. It isn't nec
Homebuilders have been pointing to a severe labor shortage of contractors that are prompting project delays and new-home prices to rise. Could they turn to robots to make up for the shortage of workers?Japan’s Advanced Industrial Science and Technology Institute is showing off a humanoid bot called HRP-5P that can complete several construction tasks, such as installing drywall by hoisting up boards and fastening them in with a screwdriver. The
Amazon is partnering with homebuilders to bring its Alexa voice assistant to more new housing units as a standard smart-home feature. The online retailer recently announced it has partnered with Plant Prefab, a California-based company that uses sustainable materials to build prefabricated single-family and multifamily homes. The move comes after Amazon introduced more than a dozen Alexa-controlled smart-home devices, including a microwave oven a
A data-driven analysis of 13,000 property managers and 135,529 tenants by Rentec Direct, property management software company, found that scheduled automatic monthly payments is the most effective way to prevent late fees and save renters money.Of the 10,450 renters who have ACH currently enabled, 3,480 renters with ACH enabled and scheduled monthly rent payments were charged a late fee in 2017 (33%), while 4,932 renters with ACH enabled but did
Mortgage fraud climbed 12.4 percent year over year in the second quarter of 2018, and about one out of every 109 mortgage applications has been found to contain false or misleading information, according to real estate data firm CoreLogic. “Because home prices are rising and demand is strong, most mortgage fraud in this type of market is motivated by bona fide borrowers trying to qualify for a mortgage,” says Bridget Berg, CoreLogic’s prin
Realtor.com® is expanding its lead generation offerings for real estate professionals by bringing a new tech platform under its umbrella. News Corp, which owns Move Inc. and realtor.com®, announced it will be acquiring Opcity, a tech program that matches qualified home buyers and sellers with real estate professionals in real time.Opcity culls proprietary data sets to capture online leads and instantly connects clients who are ready to act with
More builders are outfitting newly constructed homes with smart-home technology, and many buyers say they’ll pay extra for it, according to research from John Burns Real Estate Consulting. Sixty percent of home shoppers say they’d spend more on a home with a smart thermostat, the consulting firm’s survey of more than 23,000 shows. Slightly more—67 percent—say they’d pay extra for an oversized kitchen.More than 60 percent of new-home b
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