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The $1 billion price cut: Luxury real estate gets slashed

The $1 billion price cut: Luxury real estate gets slashed

The most expensive real-estate in America just became a little less expensive — with $1 billion in price cuts among America's top listings over the past few months, according to a CNBC analysis. The high-end real-estate market has seen steep price cuts in recent months as foreign buyers dry up,
CBOE to Launch Ethereum Futures Trading Later This Year

CBOE to Launch Ethereum Futures Trading Later This Year

CBOE Global Markets, the owner of the Chicago Board Options Exchange (CBOE) and one of the world's largest exchange holding companies, is looking to launch futures for Ethereum (ETH), Business Insider reported August 30.
This is ‘iPhone XS’ — design, larger version, and gold colors confirmed

This is ‘iPhone XS’ — design, larger version, and gold colors confirmed

Earlier today Apple officially announced when and where it will hold its next big event. Apple’s September 12th event is expected to include the introduction of three new iPhones, and 9to5Mac can exclusively share the first look at both new 5.8-inch and 6.5-inch OLED iPhones: the iPhone XS.
“Every day is a fire drill”: Construction startup Katerra struggles to stay on track as it scales up

“Every day is a fire drill”: Construction startup Katerra struggles to stay on track as it scales up

Construction startup Katerra — valued at $3 billion following an $865 million funding round in January including SoftBank — is struggling with delays and quality control as the company tries to scale up. Many in the real estate industry are paying close attention to the three-year-old company, which aims to cut costs by streamlining the construction supply chain.
Prominent Analyst: Bitcoin is Significantly Healthier in 2018 Than 2014, Optimistic

Prominent Analyst: Bitcoin is Significantly Healthier in 2018 Than 2014, Optimistic

Willy Woo, a cryptocurrency researcher and respected investor, has said that the 2018 Bitcoin correction will not turn out to be like the 2014 slump, when the price of Bitcoin dropped 90 percent and remained in a low price range for several years.
Apple and Google face growing revolt over app-store ‘tax’

Apple and Google face growing revolt over app-store ‘tax’

A backlash against the app stores of Apple and Google is gaining steam, with a growing number of companies saying the tech companies are collecting too high a tax for connecting consumers to developers’ wares.
IBM Files Patent For a Coffee Delivery Drone

IBM Files Patent For a Coffee Delivery Drone

A new patent from IBM could bring new meaning to instant coffee. The patent describes a drone that could detect when a person is tiring and fly over with a cup of coffee on demand—so no need to worry if yours is the one street corner without a Starbucks.
SEC to review decision rejecting bitcoin ETFs

SEC to review decision rejecting bitcoin ETFs

NEW YORK/WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission said on Thursday it will review a decision by its staff to block nine bitcoin-based exchange-traded funds from coming to market.
Biometrics scanner catches impostor at U.S. airport on just third day of use

Biometrics scanner catches impostor at U.S. airport on just third day of use

A biometric facial comparison system flagged a traveler using a fake passport — less than three days after the system was installed. The U.S. Customs and Border Protection detained a traveler earlier this week after the facial recognition system brought up an ID that didn’t match the man’s passport at the Washington Dulles International Airport.
New home sales fall to 9-month low

New home sales fall to 9-month low

Sales of new U.S. single-family homes unexpectedly fell in July to a nine-month low in a sign the housing market was cooling and could give less support to the overall economy. The Commerce Department said on Thursday new home sales decreased 1.7 percent to a seasonally adjusted annual rate of 627,000 units last month, the lowest level since October 2017.
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