February 28, 2020Facebook has cancelled its annual F8 developers’ conference over concerns about the coronavirus, reports said. More specifically, the social media company cancelled the in-person component, which it would have held ...
February 27, 2020The COVID-19 virus, also known as the coronavirus, is continuing to spread around the world, and it’s affecting everything from movie release dates to air travel.
The Wall Street Journal is ...
February 27, 2020American companies in China indicate annual revenue could be off by almost 50 percent due to shortages created by the coronavirus pandemic, according to a survey by the American Chamber ...
February 27, 2020U.S. retail sales are expected to rise between 3.5 percent and 4.1 percent, topping $3.9 trillion. However, the coronavirus could put all of that in jeopardy, CNBC reported. There were other ...
February 26, 2020As it joins the bevy of firms aiming to change the home rentals market, the artificial intelligence (AI)-powered long-term room rental app Badi has rolled out in New York City. A ...
February 26, 2020As the coronavirus spreads outside of China and causes concerns of a worldwide pandemic, American hotels and airlines are expanding options for customers to make new plans for travel. The ...
February 25, 2020Travel site Expedia has announced that it will cut 3,000 workers in an attempt to streamline its “bloated” company after the exit of its CFO and CEO, according to a ...
February 25, 2020Mastercard said in a statement Monday (Feb. 24) that the coronavirus outbreak could hurt its revenues this year and that caused the company’s shares to dip on the news.
The company ...
February 24, 2020As the Coronavirus spreads beyond the borders of Asia, its effects are casting a widening shadow that is being felt in just about every industry, across most of the world. ...
February 21, 2020You know the drill — pay gig workers faster, and they do more work for the platforms that pay them that way. Yet, stringent security measures and burdensome onboarding processes ...
February 21, 2020That there was a lot of action and motion in the payments and commerce ocean this week is not much of a surprise, as that describes pretty much every week ...
February 20, 2020 Freelancing has become an attractive source of income to a wider percentage of Americans in recent years, with 36 percent having conducted ad hoc work either part-time or full-time. The ...
February 19, 2020Chinese tech firms are helping the government enact a new “health rating” system that will track millions of citizens preparing to return to work in factories within China amid the ...
February 17, 2020Bad actors are increasingly targeting transit companies’ loyalty programs and relying on stolen payment credentials, but tighter online authentication measures and artificial intelligence (AI)-powered solutions can put the brakes on ...
February 13, 2020Payment processing was good to financial transaction provider WEX in 2019, as the company reported double-digit growth for the year in its earnings report today. While the company is known ...
February 13, 2020As the newsday ended on Wednesday (Feb. 12), the coronavirus that started in China’s Wuhan — now officially named COVID-19 — claimed its latest economic victim. The annual Mobile World ...
February 10, 2020Airbnb is halting check-ins at all of its Beijing listings until March due to the Coronavirus outbreak and local policies in China, according to reports on Monday (Feb. 10).
The decision applies ...
February 10, 2020More than 30 competitors in the travel holiday rental industry are accusing Google of promoting its own services over theirs, and one of them has submitted an official complaint to ...
February 10, 2020Roost Co-founder and CEO Sam Tate went on an extended vacation two summers ago after his junior year of college. It was a “month-long solo backpacking trip to Europe,” he told ...
February 6, 2020The New Zealand government has cleared the way for Wisk — a joint air company between Boeing and Kitty Hawk — to begin a trial run of its air taxi fleet, ...
February 4, 2020With a pilot that could usher in a new era of technology as stores and restaurants grapple with hiring in an aging country, the first robotic bartender in Japan has ...
February 3, 2020India-based hotel group OYO is slowing its ambitions to be the world’s largest chain within the next three years, following a backlash from investors and growing losses. This comes after ...
February 2, 2020The spread of the coronavirus has prompted Apple to shutter its corporate offices and 42 retail stores in mainland China through Feb. 9, Bloomberg reported on Saturday (Feb. 1).
Apple said ...
January 31, 2020 Travel industry services are catering to the thousands of millennial and Gen Z travelers who are booking big trips by augmenting their platforms with online and mobile support. Travel platforms ...
January 31, 2020In the 21st century, for businesses across many verticals, disruption comes at the speed of digital. That’s especially true of the travel industry, where a “mobile-first” mentality and the emergence ...
January 31, 2020The coronavirus is forcing global businesses of all categories to scale back, close locations or even shut down for a while, according to The Wall Street Journal. So far, the ...
January 30, 2020The sharing economy is undergoing a sea change due to Generation Z’s coming of age. Experts expect this generation, which heavily favors the sharing and gig economies, to account for ...
January 30, 2020Airbnb has hired Catherine Powell, a 15-year Disney veteran, to head up its Experiences division, the firm announced this week.
She was hired ahead of the company’s expected initial public offering ...
January 29, 2020Airbnb is facing a deadline to send data to French tax authorities over a law that compels marketplaces to provide revenue and other company information to the country, according to ...
January 29, 2020For certain consumers, say “Atari” and some fond — or at least semi-fond — memories will start sparking. Warm remembrances will flow of the then-relatively advanced Atari 2600 video game console ...
January 29, 2020On the heels of a landmark case in the European Union that would classify it as a digital platform, Airbnb said in a blog post on Wednesday (Jan. 29) that ...
January 29, 2020Commercial cards continue to explore more use cases to optimize spend for businesses, from accounts payable (AP) to employee travel and expense management. Increasingly, the corporate card industry is also ...
January 29, 2020Flipping paper checks into virtual cards is easier said than done. In the latest Next-Gen AP Automation Tracker, Jennifer Swenson, U.S. Bank’s vice president of corporate payment systems, and Adam ...
January 29, 2020Airlines in the U.S. are following the lead of British Airways in canceling all flights to and from mainland China due to the coronavirus outbreak, according to reports on Wednesday ...
January 29, 2020Certain things will never change when it comes to travel and hospitality. Consumers will always want clean rooms, punctual flights and polite staff. Even so, significant changes, many brought about ...
January 28, 2020Certain events stand out in stark relief for reminding us of just how interconnected the global economy is in the 21st century.
Bank runs. Trade wars. And now, most recently, the coronavirus ...
January 27, 2020Ashton Kutcher is among the many investors closing a $30 million deal to help Life House continue its disruption of hotels, Life House announced on Friday (Jan. 24).
The Series B ...
January 24, 2020In 2019, Chinese consumers spent $149 billion across the Chinese New Year holiday, according to China’s Ministry of Commerce — a sum widely expected to be exceeded in 2020 to ...
January 23, 2020 Today’s consumers place greater value on personalized experiences than on physical retail goods — especially millennials, 86 percent of whom would rather spend their funds exploring new cultures than shopping.
Competing ...
January 22, 2020Popular luggage storage app Stasher has secured another $2.5 million in financing thanks to Venture Friends and other investors, including former hotels.com president Johan Svanstrom.
Stasher, a luggage “sharing economy solution” ...