The market for rental apartment buildings is tumbling at its fastest-rate since 2009 in the wake of the Great Financial Crisis. The Washington Post obtained data from research firm CoStar Group that show a 74 percent year-over-year drop in sales in the first quarter of 2023. The report found that the decline is partly the result of higher interest rates pushing up financing costs for investors. The recent banking crisis has also been a damper on the market.
Netflix on Tuesday outlined how it intends to crack down on the rampant sharing of account passwords in the U.S., its latest bid to reel in more subscribers to its video streaming service as its growth slows.
A group of Amazon workers who are upset about recent layoffs, a return-to-office mandate and the company's environmental impact is planning a walkout at its Seattle headquarters next week.
Shutterstock said Tuesday it’s buying Giphy from Meta Platforms for $53 million, the final step to unwind the deal blocked by British regulators, who prevented the Facebook owner from purchasing the GIF-sharing platform over competition concerns.
