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Zillow Group stock falls 10% after company says it will stop buying additional homes this year

GeekWire

The pandemic helped spur an iBuying spree with the acceleration of digital adoption such as virtual tours, The Wall Street Journal reported. For comparison, Opendoor bought around 8,500 homes in the second quarter. It ended Q2 with 3,142 homes in inventory. Zillow Offers is live in 25 markets; Opendoor is active in 44.

Groups 116
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Seattlepi.com will try newsletter strategy in Hearst’s ‘next phase’ for former newspaper website

GeekWire

Callie Craighead was part of a team of eight people when she started as a seattlepi.com editorial assistant in January 2020, her first journalism job after graduating from Seattle University. Seattle is on the 2022 expansion list for the local news initiative from Virginia-based newsletter publisher Axios, known for its “smart brevity.”

Strategy 130
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Disease experts declare it’s time to join forces for multiple COVID-19 vaccines

GeekWire

The experts behind the call to action, published today by the journal Science , include Larry Corey, a past president and director of Seattle’s Fred Hutchinson Cancer Research Center and a professor in its vaccine and infectious disease division. . The first U.S.

Research 117
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Elon Musk thinks we’re close to solving AI. That doesn’t make it true.

Vox

Elon Musk is at or near the top of pretty much every AI influencer list I have ever seen, despite the fact he doesn’t have a degree in AI and seems to have only one academic journal article in the field, which received little notice. The most important paper I ever wrote for AI was in a psychology journal.

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Inside Facebook’s struggle to keep young people

The Verge

Some documents served as the basis for earlier reporting in The Wall Street Journal. For Instagram, much of the product work targeting young people has recently focused on reducing the negative experiences of social comparison and bullying that they report. But according to the documents, the problem has grown more severe recently.

Social 145
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Slack deal would pit Salesforce against Microsoft, with Tableau acquisition as a potential blueprint

GeekWire

Slack’s market value was $24 billion as of Monday morning, up from $17 billion when the Wall Street Journal first reported on the talks last week. Slack has partnered with Amazon Web Services to upgrade its video-calling infrastructure, but virtual meetings aren’t a core part of its feature set, leaving an opening for its rivals.

Microsoft 118
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Fountainhead: A Marketing Lesson For IT

Fountainhead

Insights into Data Center Infrastructure, Virtualization, and Cloud Computing. As you know, EMCs IT group has been progressive, from their virtualization initiative to building an internal Private Cloud for the company, to organizing for success, to marketing themselves as if they were a competitive service provider. Virtualization. (31).