AMD Boosts Prices For New Ryzen 5000 Chips

With its first few generations of Ryzen desktop CPUs, chip company Advanced Micro Devices (NASDAQ: AMD) was aiming to catch up to its larger rival Intel (NASDAQ: INTC). The third-generation Ryzen 3000 series, launched in mid-2019, largely accomplished that goal, although Intel retained a single-threaded performance advantage which made its chips ideal for gaming.

With the Ryzen 5000 series, AMD claims to have finally surpassed Intel in single-threaded performance. The company touts as much as a 26% increase in gaming performance for one of its new high-end chips compared to its predecessor, and a 7% gaming performance advantage over a comparable Intel chip. AMD is claiming that the Ryzen 9 5950X offers the highest single-threaded performance of any desktop gaming processor. That would have been unthinkable just a few years ago.

Intel’s biggest selling point for PC gamers will be gone when Ryzen 5000 series chips become available for

Read More Read more

Pandemic boosts sales of luxury homes in resort communities

Wealthy Americans are snapping up multimillion-dollar homes in exclusive resort communities as the coronavirus pandemic continues to fuel a work-from-home lifestyle that no longer tethers workers to the office five days a week. 

Sales of expensive homes in places like Aspen, Colorado; the Hamptons; and Palm Beach, Florida have been booming since May, when it became clear the pandemic would upend Americans’ lifestyles indefinitely, according to real estate agents and appraisers across the country. 

“We are seeing greater sales gains in more expensive properties in areas people consider to be retirement destinations and resorts,” said Lawrence Yun, chief economist for the National Association of Realtors (NAR), a trade association representing real estate professionals. “I think this new economy and working from home can also mean working from a vacation home — that is, a larger size home with more elbow room that is in more of a vacation destination.”

For

Read More Read more

Real estate brokerage Compass buys Seattle startup Modus in move that boosts competition with Zillow and Redfin

National real estate brokerage Compass has made another move that places it in even greater direct competition with Seattle-based digital brokerage giants Redfin and Zillow.

In an arms race of integration, the three firms have sought to consolidate the homebuying process within their companies, going well beyond digital home searches and brokerage services. Zillow and Redfin, for instance, both have mortgage-lending divisions and subsidiaries that offer digital closing services.

Compass announced Monday it will acquire Seattle-based Modus, a technology startup that aims to simplify the process of closing on a home, for an undisclosed amount this month. Modus offers digital title and escrow services.

“The end-to-end platform that we are creating is our mission,” said Compass Chief Technology Officer Joseph Sirosh. The difference between Compass and its competitors, he said, is that Compass is building technology to enable better service from its real estate agents.

“When most other companies talk

Read More Read more