Former Intel CEO Pat Gelsinger says he has a hunch when the chipmaker’s downfall began. “I think one of the fundamental things is, and as you look at the great technology companies today, they’re deeply technical,” Gelsinger told “All-In Podcast” cohost Jason Calacanis during an interview taped at the Raise Summit in Paris. Gelsinger said…
Netflix’s stock is falling in the wake of mixed earnings and a new plan to cut back on the publication of ‘What We Watched’ reports.
Short sales sold at a smaller discount than foreclosures starting in January, the first time that’s happened since Realtor.com began tracking these valuations in 2018. Distressed homes earned about 9% more of their estimated value as a short sale than as a foreclosure. Processing Content Foreclosed homes have sold in a fairly steady range, 25%-30%…
Last week, Apple sued OpenAI, accusing the AI giant of misappropriating trade secrets. Recent revelations are complicating the initial case.
JetBlue Airways Corp. is embarking on a unique twist to its buy now, pay later payment method by tying its loyalty program and embedded financing from ClarityPay close together. Using ClarityPay’s service, which makes custom point-of-sale lending options available to a merchant’s customers, the program will be able to offer JetBlue travelers installment options from…
Italy plays a growing role in Azora’s pan-European strategy. Your trusted source for commercial real estate intelligence, insights, and market analysis. Register for free to access two complimentary articles per month, or Subscribe to unlock unlimited CRE intelligence. Already have an account? Log in The post Azora opens Milan office, targets additional €1.5bn investment in…
While short sales are still uncommon, their occurrence has been slowly increasing as homeowners with negative equity look for alternatives to foreclosure, particularly in several mid-priced markets where these transactions are most concentrated. A short sale refers to a real estate deal where a financially troubled homeowner sells their home for an amount that is…
The American Experiment is a five-episode documentary that features Apocalypse Now actor Martin Sheen as the voice of George Washington along with a panoply of contemporary figures from U.S. politics including ex-vice presidents Kamala Harris and Mike Pence. It also included 17 minutes of AI-enhanced footage that was produced “twice as fast and at half…
Key insight: Bank7’s bid for Century Financial Services is moving on a court-imposed clock, leaving the $68 million stalking-horse bid exposed to competing offers. Expert quote: “We’re not adversarial people. We’re not bottom-feeder people. We’ve had plenty of transactions in our history where we deal fairly and professionally with people.” —Tom Travis, CEO Bank7 Forward…
When New York enacted a law to create a legal cannabis industry, it took nearly two years to set it up. The first legit dispensary didn’t open until December 2022, and things continued to move like molasses. Aggressive entrepreneurs rushed into the void. Smoke shops popped up across New York City, with many of them…