Stock Wars: Expedia Group Vs. Travelzoo

02:38pm, Wednesday, 16'th Mar 2022 Benzinga
Benzinga’s weekly Stock Wars matches up two leaders in a major industry sector with the goal of determining which company is the better investment. This week, the duel is between two online travel c

Stock Wars: Expedia Group Vs. Travelzoo

02:38pm, Wednesday, 16'th Mar 2022 Benzinga
Benzinga’s weekly Stock Wars matches up two leaders in a major industry sector with the goal of determining which company is the better investment. This week, the duel is between two online travel companies: Expedia Group Inc. (NASDAQ: EXPE ) and Travelzoo (NASDAQ: TZOO ). The Case For Expedia Group: This company first entered the digital universe in 1996 as a division of Microsoft Corporation (NASDAQ: MSFT ) before being spun off as a public company in 1999. It was acquired by IAC/InterActiveCorp in 2003 and became part of IAC Travel , only to be spun off as Expedia Inc. in 1995. Over the years, the Seattle-headquartered company expanded through a series of acquisitions of major online travel sites including Travelocity, Trivago and Orbitz ; its other assets include Hotels.com, Vrbo, CheapTickets and CarRentals.com . Among its most recent corporate developments, Expedia Group signed an agreement last month to become a preferred redistributor of InterContinental Hotels Group PLC (NYSE: IHG ) properties’ wholesale rates through Expedia Group’s Optimized Distribution Preferred program.
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Ethereum (CRYPTO: ETH) co-founder and ConsenSys CEO Joseph Lubin dished out details on what the blockchain start-up plans to do with the $450 million raised through the company’s latest fundin
Ethereum (CRYPTO: ETH ) co-founder and ConsenSys CEO Joseph Lubin dished out details on what the blockchain start-up plans to do with the $450 million raised through the company’s latest funding round backed by Microsoft Corporation (NASDAQ: MSFT ) among others. What Happened: In an interview with Bloomberg, Lubin said, “We’ve taken in $450 million in our latest raise and we’ve been working on being a crypto native company.” “We are converting the vast bulk of the proceeds of the raise to Ether — both because we’ve got staking infrastructure where we can generate yield on that, but also in advance of the merge of Ethereum … Full story available on Benzinga.com
Igor Bonifacic Contributor Igor Bonifacic is a contributing writer at Engadget. More posts by this contributor Microsoft shuts down AltspaceVR’s social hubs to combat harassment Apple will reportedly hold its next hardware event in early March Ahead of its official debut on April 19th, Mercedes-Benz has shared a first look at the interior of the 2023 EQS […]
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Markets Gain Ahead of Fed Policy Decision

09:47pm, Tuesday, 15'th Mar 2022 Zacks Investment Research
The Dow closed +599 points, +1.82%, the S&P 500 performed even better, +2.14%, and the recently beleaguered Nasdaq rose 367 points on the day, +2.92%.

Bill Gates leads $84M investment in antenna company Kymeta

09:24pm, Tuesday, 15'th Mar 2022 Business Journals
Kymeta''s latest funding round marks the second time the Microsoft co-founder has led an investment of over $80 million into the Redmond-based company.
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