The real estate industry is slowly coming around to technology. A number of new tech-focused firms are using data to speed up and simplify the home buying process, such as Home61. Olivier Grinda, CEO of tech-based real estate firm Home61, explains how his company is using technology to disrupt the real estate market. Home61 aggregates information for its team of agents to provide them with leads, and to give them a leg up on the competition. Simplifying the process of getting leads attracts top agents, and it helps them make more money. Currently Home61 is only available in Miami. Grinda says that the model is best suited for markets that aren't overpriced, like New York City. As they continue to grow in Miami, Grinda plans to expand beyond South Florida. He says Philadelphia and Chicago would be great markets for Home61.

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Musk loses crown as world’s richest to software giant Larry Ellison
Oracle co-founder Larry Ellison wrested the title of the world’s richest man from longtime holder Elon Musk early Wednesday as stock in his software giant rocketed more than a third in a stunning few minutes of trading. That is according to wealth tracker Bloomberg. A college dropout, the 81-year-old Ellison is now worth $393 billion, Bloomberg says, several billion more than Musk, who had been the world’s richest for four years. The switch in the ranking came after a blockbuster earnings report from Oracle. Forbes still has Musk as the richest, however, valuing his private businesses much higher.
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