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Opendoor Faces Investor Suit Over ‘IBuying’ Real Estate Tech

By Emilie Ruscoe (November 29, 2022, 8:58 PM EST) — Digital residential real estate company Opendoor Technologies Inc. faced shareholder claims that it exaggerated the capabilities of the algorithm underlying its “iBuying” technology, then saw share prices tumble following revelations that the company was suffering significant losses on its iBuying business… .

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