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What Went Wrong With Zillow? A Real-Estate Algorithm Derailed Its Big Bet

The company had staked its future growth on Zillow Offers, its business to flip homes using computer-based market predictions. Getting the algorithm right proved to be difficult.

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Evergrande Default Imminent With No Payment On Deadline Day

China Evergrande Group (HKG:3333) is on the brink ...

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