Zillow, facing big losses, quits flipping houses and will lay off a quarter of its staff.
The real estate website had been relying on its algorithm that estimates home values to buy and resell homes. That part of its business lost about $420 million in three months. https://nyti.ms/3CFydw5
Robert Tymofichuk, a teacher in Alberta, Canada, spent nearly 2,000 hours building an operational hovercraft from salvaged car parts and with no blueprint. https://www.nytimes.com/2024/09/21/technology/diy-hovercraft-alberta-canada.html?utm_source=dlvr.it&utm_medium=blogger
The government cited national security concerns in announcing sweeping restrictions on two popular Chinese social media networks, a move that is likely to be met with retaliation. https://nyti.ms/2PywXDP