The General Services Administration has sold a federal property to the city of San Antonio to support a new downtown entertainment district and arena for the city’s NBA team. The GSA this week closed on a $30M sale of three parcels spanning 5.7 acres, which includes the San Antonio Federal Building West at 727 E. […]
Prime Intellect raised $130 million in a Series A funding round to scale its tech stack and target new problems with its “open superintelligence stack.” The company trains open frontier models and provides customers with the compute, large-scale reinforcement learning (RL), environments, sandboxes, evaluations and deployment they need for training, deploying and continuously improving their […]
After announcing layoffs impacting 2.1% of its global workforce, Microsoft is offering most US employees up to 39 weeks of base pay, according to severance offers reviewed by Business Insider. The US severance package includes a minimum of 60 days of base pay and up to a maximum of 39 weeks of base pay for […]
Jeff Bezos’ Blue Origin is raising $10 billion as the rocket startup aims to catch up with Elon Musk’s SpaceX. In a memo sent to employees on Wednesday and seen by Business Insider, Blue Origin CEO Dave Limp said the company would raise funds at a $130 billion valuation. “We are entering a period where […]
Multifamily vacancies rise as construction boom unwinds – Scotsman Guide Skip to content error: Content is protected !! This website uses cookies to enhance user experience and to analyze performance and traffic on our website. We may also share information about your use of our site with our social media, advertising and analytics […]
Insta360, a China-based global optics and camera company, has signed its first U.S. lease for a 1,100-square-foot store at 1515 Broadway in Manhattan’s Times Square, Commercial Observer has learned. The world’s No. 1 360-degree camera brand, which is a direct competitor to the popular GoPro brand, has been used for purposes ranging from undersea exploring […]
One of the best ways to gauge how your fellow investors feel about the market is to follow the money. The flows of cash in and out of European exchange-traded funds (ETFs) during June suggests a pivot back towards US stocks and funds and away from their European counterparts, according to analysis of etfbook.com data […]
Oil prices surge as U.S. and Iran trade strikes; but even without further disruption, volatility appears here to stay for energy markets
The ceasefire between the U.S. and Iran ruptured this week after the U.S. launched more than 80 strikes on Iran midweek in response to Iranian attacks on ships moving through the Strait of Hormuz. At a NATO summit in Turkey, President Donald Trump declared the ceasefire to be “over” and promised additional strikes on Iran. […]
The chances of a broad-based U.S. commercial real estate recovery during the second half of this year may be fading due to persistent inflation, high interest rates and ongoing geopolitical uncertainty, according to the mid-year CRE outlook from BBG Real Estate Services. A leading commercial real estate valuation and assessment firm, BBG writes that heightened […]