Zillow adds flood threat to listings
Zillow will start including climate threat risk scores for all for-sale homes listed on its website and apps. The data covers five potential risks: flooding, wildfire, high winds, intense heat and air quality. For homes at high risk, the listings will include insurance recommendations.
The flood risk score has major implications for homes in coastal areas such as Long Island. Recent data from the Federal Emergency Management Agency showed that Long Island’s coastal communities, especially those on the South Shore, are at the highest risk in the nation for repeated flood damage.
Zillow says the climate risk scores will be available before the end of the year on its website and iOS app. The feature will be added to the Android app early next year.
Dilly of a deal
QVC is expanding from selling gourmet pickles to streaming professional pickleball. The shopping network has signed a deal with tournament organizer USA Pickleball and will stream next month’s Biofreeze USA Pickleball National Championships. QVC will also offer pickleball products on its website. Pickleball, kind of a cross between tennis and badminton, has attracted tens of millions of players around the country.
Visa buys fraud detection firm
Visa is beefing up its fraud detection capabilities by acquiring Featurespace, a British company that has developed payment protection technology powered by artificial intelligence. Financial terms weren’t disclosed, but Sky News said the deal, expected to close next year, could be for about $1 billion. Visa said Featurespace’s AI technology can analyze financial transactions and “detect even the most elusive fraud cases.”
TikTok to end music service
TikTok plans to discontinue its music service on Nov. 28, ending a yearslong experiment to compete with Spotify and Apple. TikTok created the music service to capitalize on the app’s power and popularity with music fans. TikTok videos have been credited with the rise of hit songs and new artists, and have led to clashes with record labels which have demanded higher payments for using their clips. — BLOOMBERG NEWS
