Amazon’s HQ2’s Potential To Transform A Housing Market

‘Some of the areas in the running have changed over the last year. Secondary markets including Pittsburgh, Columbus, and Indianapolis have gotten hotter," explains Javier Vivas, director of economic research at realtor.com. ‘We’ve seen prices rise and inventory shrink as they heat up,’ Vivas adds.

To get a sense of the potential impact of AmazonHQ2, realtor.com economists looked at real estate values in Cupertino, California starting in 2013, when the City Council approved Apple’s new headquarters. Then the median home selling price within 1 mile of the proposed Apple Park was $992,000 compared to $667,000 for all of Santa Clara County. By April 2017, when the headquarters opened, that number jumped 54.7% to $1,535,000. Clearly, homeowners living close to Apple Park reaped the financial rewards.

  • Publisher: Forbes
  • Date: 2018-10-06
  • Author: Ellen Paris
  • Twitter: @forbes
  • Citation: Web link

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While you’re here, how about this:

How AI is helping Amazon become a trillion

Swami Sivasubramanian lives in a wooded area in the Seattle suburbs that’s a favorite with opportunistic local bears. From time to time, usually on garbage night, the animals wander into Sivasubramanian’s backyard to pillage his trash. But try as they might, he and his family had never managed to spot the intruders.

“My wife really wanted to see these bears in action,” says Sivasubramanian, Amazon’s VP of machine learning. “She will always try to stay up looking for bears to visit, and she wants me to give her company.”

Sivasubramanian cops to being kind of lazy on that front. But as a technologist, he’s much more proactive. He founded his solution in DeepLens, a new video camera system from Amazon Web Services that lets anyone with programming skills employ deep learning to automate various tasks. DeepLens let him placate his wife by building “a machine learning model that actually detects a bear and sends a text to her phone, so that she can wake up, saying, ‘Hey, a bear is right there digging up the trash,’ ” he says.

  • Publisher: Fast Company
  • Date: 2018-10-05T08:00:19
  • Author: Daniel Terdiman
  • Twitter: @fastcompany
  • Citation: Web link

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2 Stocks to Buy With Dividends Yielding More Than 4%

If you’re like me, high dividends all by themselves aren’t enough to get you excited about a stock — you need long-term growth potential as well. One sector where you can find both is in real estate, as there’s a great combination of income potential and value appreciation from commercial properties.

With that in mind, here are two real estate investment trusts, or REITs, that pay more than 4% and have lots of upside potential.

No more open houses? How AR will affect the real estate industry

Mobile AR has failed to take off in a meaningful way since the introduction of ARKit in 2017. Despite AR’s potential, user adoption has been underwhelming — due to the fact that mobile AR has, thus far, been a single-device experience. However, the recent emergence of AR Cloud capabilities means that AR-enabled devices can now communicate with each other about where digital content persists in the real world: creating an ‘internet of places.’

  • Publisher: VentureBeat
  • Date: 2018-10-03T23:11:22-07:00
  • Twitter: @venturebeat
  • Citation: Web link

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Why CIOs Will Lead Digital Transformation

Have you ever spoken to a Netflix customer service representative? Neither have I. The Netflix user experience is so simple that there’s no reason ever to seek help. The company’s stock is up 40,000 percent over the past six years because Netflix has completely redefined the economics of its business around technology.

Netflix is a prime example of digital transformation. Its cost structure and business model are unlike anything the media business has ever seen, and it is steamrolling its competition as a result. The reason: IT is its strategic weapon.

Fifteen years ago, Nicholas Carr stirred up a hornet’s nest with his article in the Harvard Business Review entitled “IT Doesn’t Matter.” Carr argued that IT was on its way to becoming a commodity as undifferentiated as electrical service and that it would eventually cease to have value as a competitive tool.

  • Publisher: InformationWeek
  • Twitter: @InformationWeek
  • Citation: Web link

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