Real Estate

Big Tech’s real estate addiction cured by downturn: Companies are reversing their office expansion plans to cut costs. Long-term, the move makes more financial sense than layoffs given the rise of remote work.

Big Tech pauses office expansion: The economic downturn has pushed beleaguered companies like Meta to rethink their strategies. Workers’ reluctance to return is another reason for companies to stall expansion plans.

Verizon banks on private 5G for business: The carrier’s service in BlackRock’s offices will showcase an opportunity for 5G to shine while challenging Wi-Fi’s dominance in office, enterprise, and government use.