Airbnb Revenues Benefit From Network Effects as 36% of Hosts Were Prior Guests
Airbnb Revenues Benefit From Network Effects as 36% of Hosts Were Prior Guests
February 14, 2023  |  Earnings

 The resilient consumer wants to get away from it all — and keeps spending to do so. And for Airbnb’s hosts, looking to make some...

READ MORE >
Biden Names Fed Vice Chair Lael Brainard Director of NEC
Biden Names Fed Vice Chair Lael Brainard Director of NEC
February 14, 2023  |  Personnel

President Joe Biden has made several changes to his economic team. Among the changes announced in a Tuesday (Feb. 14) White House press release is...

READ MORE >
Retailers Aim to Halve Ocean-Freight Costs as Shipping Demand Falls
Retailers Aim to Halve Ocean-Freight Costs as Shipping Demand Falls
February 14, 2023  |  Supply Chain

Retailers are aiming to cut their ocean-freight costs by at least half. The Wall Street Journal (WSJ) reported Tuesday (Feb. 14) that retailers and ocean...

READ MORE >
Instacart Reportedly Adding Deliveries to Businesses in Clash With Amazon, Walmart
Instacart Reportedly Adding Deliveries to Businesses in Clash With Amazon, Walmart
February 14, 2023  |  Delivery

Instacart reportedly wants to be top-of-mind when small businesses need office supplies and snacks. The Information reported Tuesday (Feb. 14) that the firm, primarily known...

READ MORE >
Bank of America CEO: Consumer Trends Bode Well for Economy 
Bank of America CEO: Consumer Trends Bode Well for Economy 
February 14, 2023  |  Economy

Bank of America Chairman and CEO Brian Moynihan said Tuesday (Feb. 14) at the BofA Securities Financial Services Conference that the bank hears from commercial...

READ MORE >
Clearbit Offers New APIs and Pricing Model for Company Intelligence
Clearbit Offers New APIs and Pricing Model for Company Intelligence
February 14, 2023  |  Data

Clearbit has launched a new way for firms to control data usage across a large base of customers. The provider of real-time company intelligence said...

READ MORE >
Avoiding the Network Effect of B2B Payments Fraud 
Avoiding the Network Effect of B2B Payments Fraud 
February 14, 2023  |  B2B Payments

B2B networks leveraging the latest technologies are only as strong as their weakest link. As business-to-business (B2B) relationships evolve to become online-first and more companies...

READ MORE >
India’s PhonePe Valued at $12B After $100M Fundraise
India’s PhonePe Valued at $12B After $100M Fundraise
February 14, 2023  |  Digital Payments

India’s PhonePe is closer to realizing its super app ambitions after raising $100 million. The Walmart-backed payments platform announced the round Tuesday (Feb. 14), which...

READ MORE >
NFT Marketplace Magic Eden Cuts 22 Jobs
NFT Marketplace Magic Eden Cuts 22 Jobs
February 14, 2023  |  NFTs

Solana-based NFT marketplace Magic Eden is laying off 22 workers amid corporate restructuring. Company CEO and Co-founder Jack Lu announced the job cuts Monday (Feb....

READ MORE >