The first-ever Magical Lantern Festival in London celebrates Chinese New Year - which occurs on February 8 - all month long. Chiswick House Gardens are filled with 50 installations that are made up of many colorful lanterns, composed into dragons, temples, and other majestical forms. The lanterns were constructed in China before moving to the UK and some took as many as 300 days to make.
When business is conducted globally, we often have to travel long distances to launch projects, meet with partners, negotiate deals, address crises, manage customer relations, and engage in a variety of other activities on the behalf of our organizations. And if you have to cross time zones, it can wreak havoc on the circadian process that regulates sleep, leaving you feeling tired and groggy just when you need to be your most productive.
Taiwanese manufacturing and supply firm Hon Hai Precision Industry Co, or more readily known as "Foxconn," will acquire Japan's Sharp Corporation for $5.5 billion, Reuters reports. The deal is expected to close by the end of this month and the amount that Foxconn is offering would make it the largest acquisition by a foreign company in Japan's tech sector to date.
It’s a bit crazy when you think about it, but Facebook is 12 years old today. On February 4, 2004, Mark Zuckerberg launched his fledgling social media site at Harvard. And the rest, as they say, is history. Twelve years on, Facebook has become the largest social media company ever. It influences myriad aspects of our lives and recently passed a billion active users each day.
New CEO Chuck Robbins has been saying that Cisco's next big bet will be in IoT (or as Cisco calls it, the Internet of Everything). That's when everyday objects get sensors and apps and join the Internet from your automobile to your toothbrush. Cisco has predicted that IoT will become a $19 trillion market in the next decade.
With major industry influencers like Fannie Mae, Freddie Mac and the Consumer Financial Protection Bureau affirming the benefits of eClosings and eMortgages more strongly this past year, lenders have the support they need to move forward with full digitization of the closing process.
A persistent combination of healthy home value growth and low mortgage interest rates, combined with robust growth in rents, is helping to keep the buy vs. rent equation tilted heavily towards buying in most areas for those planning on staying in their homes for longer than just a few years. But local markets vary, and that equation is shifting – if even slightly – in some notable areas.
Long & Foster Real Estate recently announced that it will make Moxi Engage™ available to all its sales associates in the coming months. The leading customer relationship management (CRM) and productivity solution is part of the product suite from Moxi Works, the leading technology firm in which Long & Foster invested in September 2015.
For over a decade, architecture students at Rural Studio, Auburn University's design-build program in a tiny town in West Alabama, have worked on a nearly impossible problem. How do you design a home that someone living below the poverty line can afford, but that anyone would want—while also providing a living wage for the local construction team that builds it?
In February 2006, a new site called Zillow.com launched to the world, co-founded by former Expedia CEO Rich Barton and Lloyd Frink, a longtime executive from Expedia and Microsoft. Ten years later, the Seattle-based company now known as Zillow Group is a giant in the world of real estate media, with more than 2,100 employees and a market value approaching $4 billion.
Realtor.com®, a leading destination of online real estate services operated by News Corp [NASDAQ: NWS, NWSA]; [ASX: NWS, NWSLV] subsidiary Move, Inc., today announced that its website attracted 50 million unique users in January 2016. The traffic milestone is the site's latest breakthrough that follows a period of rapid expansion following News Corp's acquisition of its parent company, Move, Inc., in November 2014.
According to a survey from mobile location firm Retale, 60% of clicks on mobile banner ads are mistakes. Users most often encounter banner ads when checking the news (65%), using social media (50%), playing games (47%), watching videos (45%) and listening to music (45%).
Longtime Google search SVP Amit Singhal, who is largely responsible for fine-tuning Google's search engine, is retiring on February 26. Singhal will be succeeded by John Giannandrea, who leads the company's artificial intelligence research. Giannandrea's new title will be VP of engineering, according to Bloomberg.
With sales volume amounting to $150 billion, 2015 proved to be a landmark year for foreign investments in apartment buildings scattered across major U.S. cities, according to the Association of Foreign Investors in Real Estate (AFIRE).
Despite various global and domestic hurdles hindering economic growth, steady job gains and stable leasing demand should help keep commercial real estate activity expanding in 2016, according to the authors of an annual report published jointly by Situs Real Estat
After making preliminary moves to do this last year, Google has officially announced that it will be bringing gigabit internet to public housing properties in all cities that offer Google Fiber — for free. The company is starting today with a property called West Bluff in Kansas City, its first-ever Fiber market.
Zillow® Group (NASDAQ: Z and ZG), which houses a portfolio of the largest and most vibrant real estate and home-related brands on mobile and Web, today announced it has entered into a definitive agreement to acquire Naked Apartments®, New York City's largest rentals-only platform, for $13 million in cash. The transaction is subject to satisfaction of customary closing conditions and is expected to close in the next few weeks.
Many executives start presentations about products or initiatives with a vague theme statement, often expressed with as much pith as a puff of smoke: “We have a new focus on customer satisfaction,” or “Our current strategic goals are execution and innovation.” But this approach is not only lacking but lackluster. Did Shakespeare begin Hamlet by saying “This is a play about indecision”? Of course not.
Subprime mortgage lending earned a bad reputation in the years leading up to the financial crisis of 2007-2008, and rightfully so. In the midst of a freewheeling lending environment that ignored most tried and true underwriting standards, Subprime loans played a significant role in a cascade of default causing harm to borrowers, lenders, and investors alike.
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