Monday, 23 December 2024

Former Zillow Execs' New Venture Targets $1.3T Market

Spencer Rascoff co-founded Zillow. Austin Allison sold his company to Zillow for $125M. Now they're transforming the $1.3T vacation home market via co-ownership. By selling shares of luxury properties, Pacaso's already earned $100M+ in gross profit.  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 
 
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Former Zillow Execs' New Venture Targets $1.3T Market - Ad

Spencer Rascoff co-founded Zillow. Austin Allison sold his company to Zillow for $125M. Now they're transforming the $1.3T vacation home market via co-ownership. By selling shares of luxury properties, Pacaso's already earned $100M+ in gross profit. Continue Reading ➔
Ex-OpenAI engineer who raised legal concerns about the technology he helped build has died

Suchir Balaji, a former OpenAI engineer and whistleblower who helped train the artificial intelligence systems behind ChatGPT and later said he believed those practices violated copyright law, has died, according to his parents and San Francisco officials. He was 26. Continue Reading ➔
Wall St. Icon: "If You Wait On This, It Will Already Be Too Late" - Ad

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More student loans canceled in Biden's final round of forgiveness before leaving office

WASHINGTON (AP) — The Biden administration is canceling federal for another 55,000 workers through an existing program known as Public Service Loan Forgiveness. Continue Reading ➔
Samsung One UI 6.1.1 Update Is Turning This Galaxy Series Phones Into Paperweights: Bricking, Random Reboots And Overheating Reported

Samsung Galaxy S22 users are reporting severe issues, including permanent device bricking, random reboots, and overheating, after installing the One UI 6.1.1 update, with costly motherboard replacements suggested as the only fix. Continue Reading ➔
By December 31, 2025, America Could Find Itself Without a Currency - Ad

The man who worked side-by-side figures like Warren Buffett, Alan Greenspan, Ron Paul, Jim Rickards, and Steve Forbes... authored several best-selling financial classics, including Financial Reckoning Day, Empire of Debt, and Demise of the Dollar... is rocking the investment world once again with the recent release of the most controversial prediction in his storied career. Watch it here.
US Consumer Confidence Drops In December: Expectations Signal Potential Economic Weakness In 2025

US consumer morale declined in December due to concerns about future economic conditions, with a significant drop in expectations and growing pessimism about business and employment prospects. Continue Reading ➔
American Airlines settles lawsuit filed by 3 Black men who were ordered off a flight

American Airlines said Thursday it has settled a filed by three Black men who were ordered to deboard a flight last January. Continue Reading ➔
A million taxpayers will soon receive up to $1,400 from the IRS. Who are they and why now?

Approximately 1 million taxpayers will automatically receive special payments of up to $1,400 from the IRS in the coming weeks. The money will be directly deposited into eligible people's bank accounts or sent in the mail by a paper check. Continue Reading ➔
Starbucks strike expands, closes nearly 60 US stores

A by baristas had closed 59 stores as of Monday afternoon, according to the union organizing the workers. Continue Reading ➔
What's Going On in This Strange Facility Near Mar-A-Lago? - Ad

Most people have no clue this unassuming facility exists. Yet the minute Donald Trump takes office... This could be the most important building in America. More important than the Capital, the Pentagon... even the White House. Because this may well be the epicenter of Trump's New Manhattan Project. See why here
Amid Funding Milestones, Analyst Bets On Vertical Aerospace's Strong Engineering And Design Team

Canaccord Genuity analyst maintains Buy rating at Vertical Aerospace with $16 PT. Recent $50M funding commitment expected to support Flightpath 2030 Strategy. Continue Reading ➔
Tesla Cybertruck Units Reportedly Found With Cell Dent Issues: EV Giant Starts Replacing Battery Packs

Tesla has reportedly found some units of Cybertruck with "cell dent" issues and the company has started replacing battery packs of those cars. Continue Reading ➔
Average rate on 30-year mortgage snaps 3-week slide and rises to highest level since late November

The average rate on a 30-year mortgage in the U.S. rose this week to its highest level since late November, reflecting a recent uptick in the bond yields that lenders use as a guide to price home loans. Continue Reading ➔
Financial Crime Weekly: Becton, Dickinson And Co. Pays $175 Million Penalty, Express Fails To Disclose CEO's Full Compensation

Becton, Dickinson and Co. pays a $175 million civil penalty and Express fails to disclose its former CEO's full compensation. Continue Reading ➔
China's Xi swears in new leader of casino hub Macao, telling the city to diversify economy

MACAO (AP) — Chinese President Xi Jinping urged the casino hub of Macao to diversify its economy as he swore in the former Portuguese colony's new government on Friday at an event marking the of its handover to China. Continue Reading ➔
Younger generations swap tradition for self-expression with holiday decorations

NEW YORK (AP) — Whether dressed in black, mimicking bare branches or decked out with enough bows for , the Christmas trees in some U.S. homes this year display an unconventional streak. They beckon visitors to behold the decorator's personality, not a mere symbol of Yuletide cheer. Continue Reading ➔

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