Travel Management news and trends

Venture Capitalist Steve Singh and Growth Investors Acquire Direct Travel

April 02, 2024

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Travel Management Firm CWT Pays $4.5M In Bitcoin To Hackers
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Quick Reads
Venture Capitalist Steve Singh and Growth Investors Acquire Direct Travel

April 02, 2024
Venture capitalist Steve Singh and a group of growth investors have acquired corporate travel management firm Direct Travel. The investors joining Singh in the acquisition include Durable Capital Partners, Madrona Ventures, Top Tier Capital Partners and Blackstone Credit & Insurance, Direct Travel said in a Tuesday (April 2) press release. “Direct Travel sets the bar for customer experience,” Singh said in the release. “We […]

Travel Management Firm CWT Pays $4.5M In Bitcoin To Hackers

July 31, 2020
Corporate travel manager CWT paid $4.5 million worth of bitcoin in ransom this week to hackers who said they seized control of 30,000 company computers and two terabytes of data,...

Barclays Celebrates 50 Years Since First UK Commercial Card

July 31, 2018
It’s been 50 years since the U.K. got its first commercial card product, and to celebrate, Barclays released a report highlighting how business spending has evolved in the last half-century....

Uber Expands B2B Fleet Service With Wheels Integration

May 10, 2018
Wheels, which provides organizations with company cars and trucks along with fleet management services and support, has announced a partnership with Uber for Business to enable fleets to gain visibility...