Big Tech keeps getting bigger, and the office footprint of the companies in the sector is keeping pace. Tech firms leased more office space than any other industry last year, according to CBRE’s latest TechInsights report. In total, the tech sector took about 26 million square feet in 2020, which accounted for 17 percent of total office leases. Tech has dominated as the top sector for office leasing since 2013, according to the report. Still,
The three CEOs are set to testify before Congress Thursday afternoon.
Buffett officially became a centibillionaire on Thursday.
A lot can change in 18 months.
There are so many Instagram analytics tools out there that choosing one can be a bit daunting. Not every tool works for every purpose.
Elon Musk didn’t directly condemn the violence on Wednesday, like many of his tech billionaire peers did.
Facebook CEO Mark Zuckerberg just answered long-standing questions about what it would take to get him to kick President Donald Trump off the world’s largest social network: Inciting a terrorist insurrection at the Capitol.
The pandemic has drastically slowed Manhattan leasing since March, curbing not only the number of deals, but also their dollar value. The Real Deal ranked Manhattan office leases signed in 2020 by the amount of rent scheduled to be paid over the life of the deal. The sum of the top 10 was $3.12 billion, down about 60 percent from the 2019 sum, $7.85 billion. The drop was reflected in the lack of mega deals.
Facebook plans to invest $150 million to build 2,000 homes for low-income residents in the San Francisco Bay Area. The Silicon Valley-based social media giant said Wednesday the money would support the development of affordable homes for families making less than 30 percent of the region’s median income. The funds will be available to local governments and nonprofit groups in the form of low-interest loans. Projects in San Francisco, Santa Clara, San Mateo, Alameda, and
The post Facebook will invest $150M to build affordable housing in Bay Area appeared first on The Real Deal New York.
With two COVID-19 vaccines weeks away from beginning distribution in the United States, Facebook said it would target lies and fearmongering that has already begun to proliferate on its massive network.