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Airbnb to collaborate on New York City hotel

Airbnb to collaborate on New York City hotel

Airbnb is partnering with a major New York real estate developer, RXR Realty, to convert portions of New York City commercial properties into a “new category of urban lodging.” They are essentially hotel rooms with living rooms and kitchens that can only be booked through the Airbnb platform, representing Airbnb’s biggest move yet into the traditional hotel space. The two companies are starting with the iconic Rockefeller Plaza in Manhattan, converting ten floors into “high-end apartment-style suites.” They are also exploring collaboration at other RXR properties, including a development across from the Brooklyn Navy Yard.
SEC on the hunt for ‘Cryptocurrency Analyst’ as demand for decentralised currency experts grows

SEC on the hunt for ‘Cryptocurrency Analyst’ as demand for decentralised currency experts grows

Cryptocurrency and blockchain related jobs are on the rise with regulatory heavyweights looking to hire experts in the field. The United States’ Securities and Exchange Commission [SEC] is also looking to further its understanding of the field after it released a job posting,signaling their intention to hire a cryptocurrency analyst. Although the position itself has the designation of “Financial Analyst Cryptocurrencies – SEC,” the industry specified in the job listing stated “Securities Regulation.” According to the job posting, the crypto-specialist will provide “expertise and coordinate TM activities regarding crypto and digital asset securities.
Amazon smashes earnings expectations

Amazon smashes earnings expectations

Amazon reported first-quarter earnings on Thursday that reflected an ongoing change at the company: less growth but fatter profit margins. Despite the huge earnings beat, Amazon stock is up just 1% in after-hours trading, as second-quarter operating profit guidance came below street estimates. Here are the most important numbers:
Verizon partners on smallest mixed reality glasses for 5G

Verizon partners on smallest mixed reality glasses for 5G

Verizon is partnering with under-the-radar mixed reality hardware company ThirdEye Gen. The partnership will make ThirdEye Gen Verizon's first official smart glasses partner for 5G mobile edge computing. ThirdEye is having a moment after being granted two technology patents for its OLED displays and low-latency data streaming architecture. "It's a very exciting time for the company right now, announcing our first major partnership with a leading wireless provider and being granted two patents we've been working hard on for the past five years," said Nick Cherukuri, Founder of ThirdEye Gen. "We are honored to be the first MR glasses company to partner with Verizon to develop advanced 5G use cases that will bring about a new era of hands-free human interaction."
Scott Wiener’s SB50 transit-housing bill clears key hurdle after some changes

Scott Wiener’s SB50 transit-housing bill clears key hurdle after some changes

SACRAMENTO — State lawmakers advanced a proposal to make it harder for local officials to block construction of apartment buildings around public transit after its author agreed Wednesday to carve out separate rules for more lightly populated counties. Sen. Scott Wiener, the San Francisco Democrat behind the bill to spur denser housing development in California cities, announced a deal with Sen. Mike McGuire that folded the Healdsburg Democrat’s similar but more limited measure into Wiener’s SB50. The combined bill, which passed the Senate Governance and Finance Committee with bipartisan support, would allow residential buildings of at least four or five stories within half a mile of rail stations and ferry terminals, provided those projects meet other local design standards.
Legalizing marijuana? Americans support it, but not enough to sway their vote in 2020

Legalizing marijuana? Americans support it, but not enough to sway their vote in 2020

A majority of Americans support legalizing cannabis, but a recent CBS News poll found the issue may not have have much sway from voters. According to the poll, 65 percent of Americans think marijuana should be legal, but 56 percent said the issue wouldn't sway their vote for a candidate across party lines. The poll was released just ahead of April 20, or "420 Day," one of the most recognized dates in cannabis culture. Attention to cannabis reform has steadily climbed in the country this year as decriminalization has become a stance supported by many of the 2020 democratic presidential hopefuls. In February, New Jersey Sen. Cory Booker, a 2020 Democratic hopeful, reintroduced the Marijuana Justice Act, a bill that would legalize marijuana and has a criminal justice component that would expunge federal convictions for possession or use of the drug.
New 'Peaky Blinders' VR Game Characters Will Use A.I. To React To You

New 'Peaky Blinders' VR Game Characters Will Use A.I. To React To You

A virtual reality video game for the British crime drama "Peaky Blinders" will use artificial intelligence to guide how characters respond to your "gestures, movement, voice, sound and body language," according to a statement from show distributor Endemol Shine Group and developers Maze Theory. The United Kingdom's Audience of the Future Programme announced today that the novel approach to game A.I. would receive government funding. Business Secretary Greg Clark said in a statement that, "This backing will also give our home-grown talent the opportunity to lead the way in creating and using virtual and augmented reality technologies, remain at the cutting edge and create thousands of highly-skilled jobs."
House Prices in U.K. Cities Grow at Slowest Rate in Seven Years

House Prices in U.K. Cities Grow at Slowest Rate in Seven Years

Home prices across 20 major U.K. cities rose by a feeble 1.7% in March compared to a year ago, the weakest growth in nearly seven years, according to a monthly index from real estate data firms Hometrack and Zoopla.  Buyers have pulled back considerably in recent months in response to political and economic uncertainty, causing house prices to stagnate across an index of the country’s major cities. The latest reading is the lowest since May 2012, according to Zoopla’s report.  London and cities in the South of England are largely driving the slowdown. Homeowners in Southampton were watching their home values grow by an annual rate of more than 3% a year ago, once-stable growth that has now dropped down to less than 1%.
Lawmakers Want Legal Protections For Universities That Research Marijuana

Lawmakers Want Legal Protections For Universities That Research Marijuana

A bipartisan group of lawmakers on Capitol Hill is asking House leadership to protect universities that conduct research on marijuana from being penalized under federal law. In a letter sent to the chairwoman and ranking member of a House education appropriations subcommittee, Rep. Joe Neguse (D) and 25 colleagues wrote that “there are a multitude of higher education institutions conducting a range of cannabis-related research, including many in our districts, who prefer for future developments to occur through an accredited educational setting.”
Bitcoin Tumbles After Officials Allege $850 Million Fraud

Bitcoin Tumbles After Officials Allege $850 Million Fraud

The cryptocurrency markets buckled on Thursday evening after New York’s attorney general accused the owners of a prominent exchange, Bitfinex, of using illicit transactions to mask $850 million in missing funds. According to a 23-page legal filing, Bitfinex raided the reserves of a so-called stablecoin called Tether—a digital currency purportedly backed one-to-one by U.S. dollars—in order to pay out customers demanding withdrawals from the exchange. The news caused Bitcoin to fall nearly 6% to around $5,100, and raises questions about the viability of Tether, which m


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