Snapchat's VP of Product Tom Conrad is leaving the social media company after two years. The timing of Conrad's departure is less than ideal, as Snap is in the midst of rolling out a redesign of its app. Conrad is the sixth executive to leave the company since Snap's IPO last year.
Kroger and Alibaba are reportedly discussing a potential partnership. U.S. executives traveled to China for initial talks on a future collaboration. This comes as U.S. tech giant Amazon recently acquired Whole Foods for almost $14 billion.
Jason Douglas, reporter for the Wall Street Journal, explains what to make of Donald Trump and Theresa May's press conference at the World Econonic Forum in Davos. Trump reassured the public of the "special relationship" between the U.S. and the UK. Ties between the two countries have been strained recently following a social media spat between Trump and May. At the press conference, Trump highlighted the shared interests of both countries.
Kayak's VP of Marketing David Solomito tells us the top travel trends of 2018. He says Maui is the most popular destination of 2018 because of new flight routes to the island. Kayak's "Travel Hacker Guide" also gives travelers tips on the best time of year to book flights.
Orangetheory Fitness is redefining the future of workouts with smarter tech, strength-based programming, and community-driven studios built for what’s next.
Spain's government has fined Airbnb 64 million euros or $75 million for advertising unlicensed tourist rentals. The consumer rights ministry announced the fine on Monday. The ministry stated that many listings lacked proper license numbers or included incorrect information. The move is part of Spain's ongoing efforts to regulate short-term rental companies amid a housing affordability crisis especially in popular urban areas. The ministry ordered Airbnb in May to remove around 65,000 listings for similar violations. The government's consumer rights minister emphasized the impact on families struggling with housing. Airbnb said it plans to challenge the fine in court.
Roomba maker iRobot has filed for Chapter 11 bankruptcy protection, but says that it doesn’t expect any disruptions to devices as the more than 30-year-old company is taken private under a restructuring process. iRobot said that it is being acquired by Picea through a court-supervised process. Picea is the company's primary contract manufacturer. The Bedford, Massachusetts-based anticipates completing the prepackaged chapter 11 process by February.
Serbia’s prosecutor for organized crime has charged a government minister and three others with abuse of position and falsifying of documents related to a luxury real estate project linked to U.S. President Donald Trump’s son-in-law Jared Kushner. The charges came on Monday. The investigation centers on a controversy over a a bombed-out military complex in central Belgrade that was a protected cultural heritage zone but that is facing redevelopment as a luxury compound by a company linked to Kushner. The $500 million proposal to build a high-rise hotel, offices and shops at the site has met fierce opposition from experts at home and abroad. Selakovic and others allegedly illegally lifted the protection status for the site by falsifying documentation.
Wealthfront’s CFO Alan Iberman talks the $2.05B IPO and the major moment for robo banking as the company bets on AI, automation, and “self-driving money."
A rare magnum of Dom Pérignon Vintage 1961 champagne that was specially produced for the 1981 wedding of Prince Charles and Lady Diana has failed to sell during an auction. Danish auction house Bruun Rasmussen handled the bidding Thursday. The auction's house website lists the bottle as not sold. It was expected to fetch up to around $93,000. It is one of 12 bottles made to celebrate the royal wedding. Little was revealed about the seller. The auction house says the bids did not receive the desired minimum price.
