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Here's an exclusive look at VTS Markets, the proptech unicorn's commercial real estate marketplace, that could help accelerate virtual leasing by big office landlords like Brookfield

VTS launched its leasing marketplace, VTS Market and Marketplace, last month.  The product integrates directly into the company's lease management software, which manages more than 60% of the country's Class A office space.  The marketplace collects and displays 250 different data points about each space to tenants, including a virtual tour of every property. We spoke to CEO Nick Romito about the launch, and he gave Business Insider an exclusive demo of the product. Visit Business Insider's h...
Tags: New York, Trends, Brookfield, Bain, Business Insider, Haines, VTS, Brookfield Properties, Brookfield Ventures, Nick Romito, Romito, Meet Material Bank, Brookfield Asset Management Rumors, Bob Bies, Romito Callie Haines, Zillow VTS


How PwC is using VR to shake up bias trainings and get employees to think about their hidden prejudices

PwC and tech startup Talespin have teamed up to train employees on implicit bias using virtual reality.  VR-based implicit bias training immerses its participants in scenarios where they learn to make inclusive hiring decisions and point out instances of discrimination. Studies have show VR learners required less time to learn, had a stronger emotional connection to the training content, were more focused when learning, and were more confident about their takeaways from the training.  It come...
Tags: US, NFL, Trends, Pwc, Jackson, Donald Trump, Business Insider, Jeremy Bailenson, TaleSpin, Likens, Stanford s Virtual Human Interaction Lab, Kyle Jackson, Scott Likens, Virtual Human Interaction Lab


How the 'Jio effect' brought millions of Indians online and is reshaping Silicon Valley and the internet

Major US tech and investment firms including Facebook — and possibly Google — are investing a collective $15 billion in Indian tech firm Jio Platforms. Jio Platforms saw explosive growth by luring Indians online for the first time with free or cheap mobile data and has now become India's biggest telecoms firm with almost 400 million subscribers. These Indians are swarming onto US apps like YouTube and Facebook for the first time, a phenomenon called the "Jio effect", bringing user growth and ...
Tags: Google, Facebook, Youtube, Mexico, India, US, Trends, Walmart, Brazil, Silicon Valley, Flipkart, Pewdiepie, Sundar Pichai, Paytm, Business Insider, Shah


Meet Flippy, White Castle's new robot chef that can fry food and flip burgers

White Castle announced on Tuesday that it plans to test a cooking robot named Flippy in the kitchen of at least one White Castle this fall. Flippy is built by Miso Robotics, and can fry food, flip burgers, and more. It's already used in stadiums, venues, and restaurants like the Dodger Stadium. The White Castle and Miso collaboration has been in the works for a year, but the pandemic sped up the fast-food chain's push for automation due to delivery demand and a move toward contactless cooking....
Tags: Trends, Jordan, Business Insider, Richardson, White Castle, Flippy, Miso Robotics, Jamie Richardson, James Buck Jordan


Here's an exclusive look at the pitch deck German workforce training platform How.fm used to raise $2.8 million in seed funding

Digital workforce training platform How.fm has raised its first institutional seed funding round from Kindred Capital and Capnamic Ventures.  The Cologne, Germany-based tech startup, works with warehouses, logistics managers, and manufacturers to help provide training to manual workers.  "It was our first time fundraising so we spent a lot of time having conversations with people to ensure we worked with the right people," How.fm cofounder and CEO Andreas Kwiatkowski told Business Insider in a...
Tags: Europe, Trends, Tommy Hilfiger, Business Insider, Cologne Germany, Kwiatkowski, Rolf Schr, Philipp Moehring, COVID, Capnamic Ventures The Cologne Germany, Andreas Kwiatkowski, Kindred Capital and Capnamic Ventures, Duisport


10 things in tech you need to know today

Good morning! This is the tech news you need to know this Tuesday. SoftBank is reportedly considering selling its chip design company Arm Holdings — or taking it public. The British company recently scored a big win after Apple announced that it will transition away from Intel chips for its Mac computers and will instead use Arm-based architecture. Google, Facebook, Microsoft, and other tech companies have joined MIT and Harvard in a fight to stop Trump's new visa rule. More than a dozen tech ...
Tags: Apple, Google, Europe, UK, Microsoft, India, Softbank, US, Trends, Bloomberg, Intel, Mit, Harvard, ARM Holdings, Msn, Sundar Pichai


Microsoft is reportedly making more job cuts at MSN in favor of an AI-driven system of selecting news stories (MSFT)

Microsoft is reportedly making more cuts to its MSN editorial team, according to GeekWire. The company previously laid off dozens of contractors working on MSN, people close to the situation told Business Insider in June. Microsoft has yet to confirm the MSN layoffs. GeekWire said Microsoft "isn't commenting publicly," and Microsoft has yet to respond to an earlier request from Business Insider. Staffing changes are relatively common within Microsoft around the time its new fiscal year rolls a...
Tags: Microsoft, US, Trends, Msn, Signal, Business Insider, GeekWire, Ashley Stewart, Business Insider in June Microsoft


The top 20 most valuable venture-backed AI companies, including Palantir, UiPath, and Databricks — valued at over $120 billion total (UBER, GOOG)

A list of the 20 most valuable venture-backed companies in artificial intelligence boasts a combined valuation of some $120 billion. Most of the list are privately-held startups; some of them — namely Waymo and Uber Advanced Technology Group — are subsidiaries of much larger companies, but that are said to be eyeing IPOs of their own. Investment remains robust despite an uncertain economy, a reflection of the great potential of AI innovation, analysts say.  Seven of the 20 make autonomous car ...
Tags: Google, Amazon, Uber, Microsoft, Stanford, US, Trends, Chicago, Google Docs, Andreessen Horowitz, Jeff Bezos, Palantir, General Atlantic, General Catalyst, Databricks, Salesforce Ventures


The CTO of $6.8 billion AI startup Automation Anywhere explains why the hot startup is hiring despite the pandemic, including jobs that pay more than $200,000 a year

Automation Anywhere was forced to do layoffs in April due to the coronavirus crisis. But Chief Technology Officer Prince Kohli said the startup is looking to fill jobs in response to a spike in demand for the company's brand of cloud-based automation, sparked by the shift to remote work. The roles, with salaries ranging from $100,000 to $200,000 a year, are mostly focused on AI and machine learning, the cloud, and user experience, which refers to design websites that are easy to use and naviga...
Tags: Microsoft, US, America, Trends, Ibm, Silicon Valley, Cto, Salesforce Ventures, Business Insider, Robert Half, Trump, Kohli, RPA, Daniel Dines, SecureDrop Claim, Prince Kohli


Elon Musk is now officially richer than Warren Buffett. Here's why that doesn't necessarily tell the full story of the billionaires' wealth.

Elon Musk has overtaken Warren Buffett on the Bloomberg Billionaires Index. The Tesla CEO is worth $70.5 billion, while the Berkshire Hathaway CEO's fortune stands at $69.2 billion. Musk has benefited from Tesla stock skyrocketing in recent weeks, while Buffett has been hurt by Berkshire's underperformance and his donation of shares that would be worth $62 billion today. Here are several reasons why Musk's wealth jump above Buffett might not be justified. Visit Business Insider's homepage for ...
Tags: Apple, Elon Musk, Trends, Tesla, Chrysler, Berkshire Hathaway, Warren Buffett, Federal Reserve, University Of Maryland, Berkshire, Musk, Business Insider, Buffett, GEICO, Bloomberg Billionaires Index, Ford GM


G2, a software startup that raised $100 million, spent lavishly on things like a $1 million office staircase. Then it had layoffs and filed for a PPP loan. It shows the challenge of giving startups a coronavirus bailout.

Chicago-based software review company G2 raised $100 million in venture capital and had big growth ambitions. It spent like a well-funded company, undergoing a $6 million office renovation and purchasing a domain name reportedly once valued at $1 million. But its ambitions surpassed its revenue growth, and in December 2019 the company laid off 10% of its workforce. The company applied for a Paycheck Protection Program loan to cover its payroll expenses during the coronavirus shutdown.  The com...
Tags: Google, Amazon, US, Trends, Chicago, Treasury, Square, Ibm, Silicon Valley, US Treasury, PPP, IVP, Business Insider, Nyse, Crain, Decker


All the DC movies and TV series in the works for HBO Max and how they compare to DC Universe's originals

WarnerMedia's new streaming service, HBO Max, is developing several high-profile projects based on DC Comics properties, such as a spin-off series of "The Batman" movie.  Meanwhile, the DC Universe streaming service, which has been touted as a community-centric hub for fans, has few original titles. Sources close to DC Universe told Business Insider earlier this year that they felt WarnerMedia, DC's parent company, wasn't prioritizing DCU, but that there weren't any immediate plans to phase it...
Tags: Hbo, Hollywood, Trends, Netflix, Robert Pattinson, Guillermo Del Toro, Justice League, Harley Quinn, Gotham City, Batman, Ryan Reynolds, Avengers, Cw, Joss Whedon, Business Insider, Max


Some city-focused short-term rental startups say they're bargain-hunting for new locations. Here's how they're betting on an eventual recovery in travel.

The short-term rental industry has seen two big trends during the pandemic: a collapse in demand leading to liquidity challenges for urban operators, and a surge in demand for rural properties.  Airbnb-backed Lyric has shrunk to a single hotel in New York after slashing staff. Stay Alfred, one of the earliest venture-backed short-term rental companies, has shut down entirely.  But Sonder, the largest venture-backed short-term rental operator, and CorpHousing Group, a privately-owned operator, ...
Tags: New York, US, San Francisco, Trends, Airbnb, Las Vegas, Dublin, PPP, Business Insider, Alfred, Ferdinand, Davidson, Rabin, Sonder, Caesars Palace, Venture


Hot AI startup UiPath just raised $225 million, lifting its valuation to $10.2 billion, as its CEO eyes an IPO in early 2021

UiPath raised $225 million in a Series E venture funding, the company said on Monday, boosting its overall valuation to $10.2 billion.  The round was led by Alkeon Capital Management, and also includes investments from Sequoia Capital and Accel. CEO Daniel Dines says the startup is still on track to go public early next year and plans to use the investment for expansion and to prepare for market uncertainties, especially as the coronavirus crisis continues to rage. "We're looking at M&A. We're...
Tags: Google, Amazon, New York, Microsoft, Trends, Ibm, Dell, Sequoia Capital, Accel, Business Insider, RPA, UiPath, Daniel Dines, Softomotive, Marie Myers, Sequoia Accel


The 10 hottest startups attracting 'hidden investors' who are buying vested stock options from employees during the COVID-19 crisis

While many tech startups have reeled from the coronavirus crisis, some of them are still attractive to investors. A Silicon Valley company called EquityBee, which lets startup employees connect with investors who can help them exercise their stock options, said that 10 hot startups stand out based on data from its platform. EquityBee calls the financiers on its platform "hidden investors" who bet on startups they believe will do well when they are sold or when they go public. Investors and emp...
Tags: Spacex, UK, New York, San Francisco, Trends, Cisco, Paypal, Nasa, Ice, Peter Thiel, Silicon Valley, Andreessen Horowitz, Mars, Palantir, Brian Chesky, Databricks


The top 20 most valuable venture-backed AI companies, including Palantir, UiPath, and Databricks — valued at $120 billion total (UBER, GOOG)

A list of the 20 most valuable venture-backed companies in artificial intelligence boasts a combined valuation of some $120 billion. Most of the list are privately-held startups; some of them — namely Waymo and Uber Advanced Technology Group — are subsidiaries of much larger companies, but that are said to be eyeing IPOs of their own. Investment remains robust despite an uncertain economy, a reflection of the great potential of AI innovation, analysts say.  Seven of the 20 make autonomous car ...
Tags: Google, Amazon, Uber, New York, Microsoft, Stanford, US, Trends, Chicago, Google Docs, Andreessen Horowitz, Jeff Bezos, Palantir, General Atlantic, General Catalyst, Databricks


This VC just raised $150 million to invest in ground transportation startups. He says there are better opportunities than trying to find the next Tesla. (AAPL, LYFT, TSLA)

Quin Garcia's venture firm, Autotech Ventures, is on the lookout for new deals. Autotech focuses on startups that are involved in ground transportation in some way, but instead of looking for the next Tesla, it invests in those making software or services or that are developing marketplaces. It's already had some notable successes — it made money off its investment in Lyft and three other startups it backed with its first fund have been acquired. Autotech recently raised a second fund of $150 ...
Tags: Apple, Amazon, Lyft, Trends, Tesla, Business Insider, Palmer Luckey, Garcia, PitchBook, Troy Wolverton, Amazon Here, AutoTech Ventures, Zoox, Frontier Car Group, Quin Garcia, Autotech


The inside story of the downfall of Civilized, a cannabis media startup that raised $7 million, then had to shut down after a takeover offer fell through

Civilized Worldwide, a cannabis media startup, raised $7 million to create the "premium lifestyle and media brand" for cannabis consumers around the globe. With investments from high-profile backers like the comedian and author Chelsea Handler and Canopy Rivers, the venture arm of Canopy Growth, Civilized and its husband-and-wife founders were soaring as cannabis legalization looked poised to sweep the US a few years ago. But after a series of layoffs and business pivots, as well as a failed t...
Tags: Facebook, Colorado, California, Martha Stewart, US, Los Angeles, Trends, Netflix, Canada, New Brunswick, Washington Dc, John, Eaze, Business Insider, Cbc, Derek


16 top tech leaders who came to the US from around the world explain their forceful opposition to Trump's freeze on immigrant work visas: 'It's only going to make America less competitive'

President Trump's decision to suspend key immigrant work visas has been severely criticized by many in the US tech industry, which has long relied on foreign talent. Venture capitalists, founders, and CEOs who are immigrants themselves shared their frustrations with the Trump order with Business Insider. One of them, Togo-born F5 Networks CEO Francois Lo coh Donou, who grew up in France, told Business Insider that the executive order "sends the signal to highly-skilled immigrants around the wo...
Tags: Google, Amazon, Verizon, Hong Kong, UK, Microsoft, Yahoo, Bali, California, Mexico, France, China, India, US, America, Trends


Everything to know about Quibi, the short-form video startup that raised $1.75 billion before launch but has struggled to break through

It's a moment of truth for Quibi, the mobile-video startup that launched in April after raising $1.75 billion to try and revolutionize TV for smartphones. Quibi's early sign ups are rolling off its 90-day free trial offer, and the startup will soon see how many people are willing to pay $5 per month to watch its short-form programming. Business Insider has reported on the company's top executives, leadership approach, strategy for working with content partners, and more. Earlier this year, Qui...
Tags: Trends, Bloomberg, Punk, New York Times, Jeffrey Katzenberg, Liam Hemsworth, Chrissy Teigen, Donald Trump, Wall Street Journal, Business Insider, Pepsi, Chrissy, Procter Gamble, Whitman, Meg Whitman, Sophie Turner


Amazon told employees to delete TikTok from their phones — then walked back the policy and said it was an 'error' (AMZN)

Amazon told employees in an email on Friday that they had to delete TikTok from phones they use to access their work email because of "security risks," The New York Times reported. But Amazon walked that policy back in a statement Friday, saying it was sent to some employees in "error" and that employees don't have to delete TikTok. TikTok's data-collection practices have come under scrutiny from US lawmakers. While the app collects the same type of data that most apps collect, critics have po...
Tags: Apple, Amazon, North Korea, China, US, Trends, Beijing, New York Times, Business Insider, AMZN, Josh Hawley, Amazon While Amazon, Taylor Lorenz, Tiktok, Sen Josh Hawley, Taylor Lorenz Here


Some short-term rental startups like Sonder and CorpHousing say they're bargain-hunting for new locations to bet on an eventual travel recovery

The short-term rental industry has seen two big trends during the pandemic: a collapse in demand leading to liquidity challenges for urban operators, and a surge in demand for rural properties.  Airbnb-backed Lyric has shrunk to a single hotel in New York after slashing staff. Stay Alfred, one of the earliest venture-backed short-term rental companies, has shut down entirely.  But Sonder, the largest venture-backed short-term rental operator, and CorpHousing Group, a privately-owned operator, ...
Tags: New York, US, San Francisco, Trends, Airbnb, Las Vegas, Dublin, PPP, Business Insider, Alfred, Ferdinand, Davidson, Rabin, Sonder, Caesars Palace, Venture


Amazon reportedly told employees they have to delete TikTok from their phones due to 'security risks' (AMZN)

Amazon reportedly told employees Friday that they have to delete TikTok from phones that they use to access their work email. The decision was made due to "security risks," according to a copy of the email reported by The New York Times. TikTok has come under scrutiny from US lawmakers for its data collection practices. While the app collects the same type of data that most apps collect, critics point to the fact that TikTok is owned by a Beijing-based company and question whether data could b...
Tags: Apple, Amazon, US, Trends, Beijing, New York Times, Business Insider, AMZN, Taylor Lorenz, Tiktok, New York Times TikTok, Taylor Lorenz Here, Facebook Meanwhile the Trump


Fintech investors say the Wirecard scandal will put increased regulatory pressure on payments companies and stymie growth for startups

Investors expect greater scrutiny from regulators around the payments space in the wake of the Wirecard accounting scandal.  They think the payments industry could see more consolidation, with only fintechs with the most funding able to meet stricter regulatory requirements. Incumbents could also capture back market share from startups, as customers look to move to more established players. For more stories like this, sign up here for our Wall Street Insider newsletter. Fintech investors are ...
Tags: Europe, London, China, US, Trends, Customers, Paypal, Goldman Sachs, Fintech, Fis, Mastercard, Bain Capital Ventures, Business Insider, Klarna, Bluesnap, Ouml


Netflix's 'The Old Guard' writer explains the challenges of turning his comic into a movie and his 'in case of sequel, break glass' ending

Netflix debuted its new comic-book action movie, "The Old Guard," on Friday. Business Insider talked with the screenwriter Greg Rucka, who also wrote the comic it's based on, about the challenges of adapting it for the screen. He also discussed a potential sequel to the movie and when fans could expect the next installment of the comic series. Visit Business Insider's homepage for more stories. Under normal circumstances, the summer movie season would be in full swing right now and blockbuste...
Tags: US, Trends, Afghanistan, Netflix, Paris, Basketball, Nile, Business Insider, Andy, Skydance, Clark, Charlize Theron, Gina, Leandro, Gina Prince Bythewood, Leandro Fernandez


A Facebook bug caused popular apps like Spotify and Tinder to crash for iPhone users

A Facebook bug caused popular iPhone apps including Spotify, Tinder, Pinterest, and PUBG Mobile to crash on Friday for many users. The outage was traced to an issue with Facebook's software developer kit, a piece of code embedded in those apps. A spokeswoman confirmed that this was causing apps to crash. Several apps including Spotify and PUBG said on Friday morning that they had managed to resolve the issue. Technical issues with Facebook also caused a similar problem in May that affected Spo...
Tags: Apple, Facebook, Spotify, Trends, Mario Kart, Sdk, Business Insider, PUBG, PUBG Mobile, Spotify Tinder Pinterest


Here's the pitch deck used to raise a $4.4 million seed round for an AI chatbot looking to transform how people find apartments

RealFriend, launched in 2018, is a startup that created a chatbot to simplify the apartment-hunting process. RealFriend first went live in Tel Aviv. After a year-long beta test, it is now officially launching in New York. RealFriend's cofounders shared the pitch deck that helped them raise a $4.4 million seed round earlier this year with Business Insider. Visit Business Insider's homepage for more stories. In the hottest markets, finding the right apartment can feel like a full-time job, wadi...
Tags: New York, US, Tel Aviv, Trends, Zillow, Cto, Axel Springer, Business Insider, Landau, Luke, IDF, SVP, Klinger, Hadar, Silicon Valley Startup, Mellanox Technologies


A Facebook bug is causing popular apps like Spotify and Tinder to crash for iPhone users

A Facebook bug is causing popular iPhone apps including Spotify, Tinder, Pinterest, and PUBG Mobile to crash for a large number of users. The issue is because of a bug with Facebook's software developer kit (SDK) embedded in these apps. A spokeswoman confirmed that the issue was causing apps to crash. One app developer showed Business Insider that dropping traffic going to Facebook's servers from the Spotify app allowed the app to continue working as normal. Others found that disabling interne...
Tags: Facebook, Spotify, Trends, Mario Kart, Sdk, Business Insider, PUBG Mobile, Spotify Tinder Pinterest, Spotify Tinder Venmo, Facebook bug Business Insider


It looks like popular iOS apps including Spotify are crashing for thousands of people right now

Popular iPhone apps including Spotify, Tinder, and Pinterest are crashing on opening for a large number of users. The issue is down to a Facebook software developer kit (SDK) embedded in these apps. Facebook acknowledged on its developer platform that there was an issue with the SDK. One app developer showed Business Insider that dropping traffic going to Facebook's servers from the Spotify app allowed the app to continue working as normal. Visit Business Insider's homepage for more stories. ...
Tags: Facebook, Spotify, Pinterest, Trends, Sdk, Business Insider, Leslie Odom Jr


An Uber-backed influence campaign against bike and scooter 'rider surveillance' lost the support of major privacy groups once they found out the company was involved (UBER)

Several major digital privacy groups pulled their support for an Uber-backed influence campaign after learning of the company's involvement, WIRED first reported Thursday. The campaign, Communities Against Rider Surveillance, is a coalition of 25 organizations that Uber helped form to steer the debate around cities' use of scooter and e-bike trip data. Fight for the Future deputy director Evan Greer told Business Insider she shared concerns about trip data and privacy but that the group backed...
Tags: Uber, North Korea, Los Angeles, Trends, Aclu, New York Times, Business Insider, Electronic Frontier Foundation, Christensen, Greer, Evan Greer, Tracy Rosenberg, Algorithmic Justice League, Los Angeles Department of Transportation, LADOT, Oakland Privacy



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