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NEW YORK, July 10 (Reuters) - Amazon.com Inc (AMZN.O) is partnering with travel booking site Priceline to offer discounts during Tuesday's Prime Day, the first time an online travel agency has participated in the shopping event. Priceline is the first travel brand to offer an exclusive U.S. Prime Day deal, Amazon said. We know travelers are shopping on Amazon and booking travel with Priceline," said Lesley Klein, senior vice president of marketing at Priceline. Booking Holdings has several sites, so this isn't the first time the company has worked with Amazon on Prime deals. Amazon several years ago attempted to build a hotel booking service called Amazon Destinations but it closed a few months after launching.
Persons: Priceline, Lesley Klein, Booking.com, Doyinsola Oladipo, Jeffrey Dastin, David Gregorio Our Organizations: YORK, Amazon.com Inc, Tuesday's, Priceline's, Express, Booking Holdings, Prime, Amazon, Tourism, U.S . Travel Association, Thomson Locations: U.S, Germany, Austria, New York, San Francisco
Booking announced its bid for peer Etraveli, owner of the brands Gotogate and Mytrip and operator of airline content distribution services provider TripStack, in November 2021. The European Commission said last month the deal will make it harder for rivals to compete with market leader Booking, by reinforcing its position in hotels and further expanding its reach into travel services like flights and car rentals. Booking will attempt to address regulators' concerns at a closed hearing in Brussels on Friday, Booking told Reuters via email. Senior officials from the EU competition watchdog and national antitrust agencies, as well commission lawyers, will participate in the hearing. Booking may have to offer remedies following the hearing to prevent a veto on the deal.
Persons: Foo Yun Chee, Emma Rumney Organizations: Holdings, European, Sweden's, Booking, TripStack, Capital, European Commission, EU, Thomson Locations: BRUSSELS, Brussels
All-inclusive packages can be an easier way to travel, and road trips are a great budget option. These higher costs are leaving everyone wondering what kind of travel they can actually afford over this year's summer vacation season — and rightfully so. Travel in late summer if you canScott Keyes of Going says that summer flights for 2023 are expensive in general, but not equally expensive over the full summer travel season. Consider a summer road tripTravel expert Anu Agarwal of Destination CheckOff says that summer 2023 is a great time to consider a new type of trip if you're trying to keep costs down: summer road trips. "Flights in the 2023 summer travel season are expensive, plus airlines have hefty change or cancellation fees for flights," he says.
Persons: , Sharael Kolberg, Kolberg, Kaitlyn Rosati, Scott Keyes, Greg Johnson, Johnson, Linda Orceo, Gulps, Arceo, you'll, Jacob Wade, Wade, Anu Agarwal, Agarwal, Ray Aberman, Brett Keller, Keller Organizations: Service, Family Travel, Travel Locations: Ipsos, Anguilla
Some big advertisers want to know exactly when their agencies are using generative AI. And in its current form, generative AI can create derivative content. And WPP ad agency Ogilvy is advocating for advertisers and social media platforms to disclose the use generative AI in influencer campaigns, The Financial Times reported. "You need to sit down with your agency and ask how they are using generative AI." He said he's in active conversations with the heads of all the agencies the alcohol giant works with about how they are experimenting with generative AI tools.
Persons: Reed Smith, Ruben Schreurs, Schreurs, — Andrew Robertson, , Ogilvy, Keri Bruce, Bruce, L'Oréal, we've, Asmita Dubey, Edward Pilkington, Lesley Klein Organizations: BBDO, Ad, WPP, Financial Times, of National, Diageo, Diageo North Locations: Diageo North America
This year's Cannes Lions ad festival is taking place as advertisers are reeling from major shifts. The Cannes Lions organizers said that none of the three execs have been confirmed as speakers. Generative AI must boost creativity without stealing jobsThe rapid rise of generative AI took the advertising and media worlds by storm. Attendees will also have the opportunity to hobnob with the company that kicked off the generative AI storm last November. Simon Cook, Cannes Lions CEO, told Insider that top executives from ChatGPT developer OpenAI like chief operating officer Brad Lightcap will attend the festival.
Persons: Twitter's Elon Musk, Linda Yaccarino, Oliver Schusser, Michael Kassan, he's, execs, Bud Light, influencer Dylan Mulvaney, Bud, Busch, Fura, Leslie Klein, Sir Martin Sorrell, David Droga, Nick Law, Simon Cook, Brad Lightcap, Huge's, Elon Musk, Ben Hovaness, They've, Jon Williams, Akram Chetibi, Craig Atkinson Organizations: Cannes Lions, Apple, Twitter, Netflix, Hollywood, UTA, Target, Bud Light, Anheuser, Busch, Accenture, Cannes, Apple News, Carlton Hotel, Omnicom Media, Amazon Web Locations: Cannes
Inside the A.I. arms race in the travel industry
  + stars: | 2023-06-07 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInside the A.I. arms race in the travel industryCNBC's Seema Mody reports on Priceline’s new partnership with Google Cloud and its new chatbot travel tool and how this disruptive technology could change the way consumers book travel.
Persons: Seema Mody Organizations: Google
Look no further than artificial intelligence from Google (GOOGL.O) at Priceline as early as this summer, the companies told Reuters. New tools from Google's cloud division give Priceline access to generative AI, like the technology behind ChatGPT that can draft text as if a human wrote it. For Priceline, the embrace of novel technology may give it an edge over myriad sites that market travel options, Google among them. Among other uses, Google's AI will be generating coding suggestions for hundreds of software developers at Priceline, said Brodbeck. And Google's AI will speed up marketing for trending destinations.
Persons: Martin Brodbeck, there's, Brodbeck, Thomas Kurian, Kurian, Priceline, intranets, Jeffrey Dastin, Sonali Paul Organizations: Google, Reuters, Booking Holdings, Amazon, Microsoft, Thomson Locations: New York, Priceline, Bryant, Palo Alto, Calif
Booking , Expedia and Airbnb are among travel companies looking for ways to ease the booking process and help consumers more swiftly make plans. This tool will help you narrow that down pretty quickly," Priceline CEO Brett Keller told CNBC. The generative AI tools from Google will allow prospective travelers to communicate with a chatbot in a conversational way when making plans and receive personalized hotel bookings. Google Cloud is providing the tools and capabilities to help Priceline collect and scrub data that can then be used to help customers. Earlier this year, Expedia was among the first players to signal its investment in generative AI.
Persons: Brett Keller, Keller, Carrie Tharp, Tharp, Expedia, Peter Kern, Brian Chesky, you'll Organizations: Apple, CNBC, Google
Insider spoke with three travel and wellness experts about staying healthy during a business trip. This article is part of "Work + Play," a series about blending business travel with personal experiences. With business travel back in full swing, Insider spoke with three experts about what you can do to stay healthy on the road. "And if I can budget it, I upgrade to a premium economy or business class seat for some extra room. "When I'm on the road, I try to get some time on the Stairmaster and/or the treadmill," Alexidor said.
Persons: , Efrat LaMandre, LaMandre, Jerry Justin Alexidor, Alexidor, Brett Keller, Keller, I've Organizations: Service Locations: Tulum, Mexico
Brett Keller joined Priceline in 1999 just as the dot-com boom was getting in gear. Brett Keller joined the company in 1999 and rose through the ranks to become CEO in 2016. Keller, 55, who grew up in small-town Idaho, didn't travel much as a kid. And yet, Keller didn't set out to forge a career in the travel industry. We have to keep pushing the travel world in the right direction while continuing to promote travel as much as we can.
Illustration by Yukai Du Strikes, Delays and Lost Luggage: How to Survive Air Travel This Summer With the travel season in full swing, we compiled a guide to help you navigate the year’s most hectic time in the skies. If you don’t care which beach, shop around.” If you haven’t booked summer flights, do it now. For one, avoiding the airports with the highest levels of delays and cancellations last summer may be a good idea. They’re also getting longer inside airport lounges, longtime havens from the masses clogging the terminals at peak times. Standard membership in Priority Pass, a network of 1,300 airport lounges, starts at $99 a year, with each visit costing $35 at that level.
Persons: Yukai Du, we’ve, haven’t, Hopper, What’s, , Laura Lindsay, Ted Rossman, Priceline, Mr, Rossman, Charlotte Douglas, Toronto Pearson, it’s, , Carter Langston, Rhonda Lawson, C.B.P, you’ve, you’re, You’ll, Lawson, Emmanuel Macron, Tomasz Pawliszyn, Jamie Larounis, Larounis, they’re, SITA —, They’re, Eric Goldmann of Atlanta Organizations: Bureau of Labor Statistics, Google, Miami, JetBlue, Heathrow Airport, Amsterdam Schiphol, Gatwick, Air Canada, Labor, Newark Liberty International, La Guardia Airport, Kennedy Airport, Reagan, Miami International, Orlando International, Boston Logan International, Charlotte Douglas International, Toronto Pearson, Federal Aviation Administration, Washington , D.C, Customs, Western, Gulf, Phoenix, Transportation Security Administration, Global, Border Protection, Clear, PreCheck, Heathrow, Air, SNCF, U.S . State Department, Smart, Union, Travelers, New Tech, Airlines, Lufthansa, Siemens, Alaska Airlines, KLM, U.S . Bureau of Transportation Statistics, Apple, The Department of Transportation, American, Venture, Dallas Fort Worth International, JPMorgan Chase, Club, Chase Sapphire Reserve, Americas Locations: Europe, United States, Asia, San Francisco, Jacksonville, Fla, Miami, London, Amsterdam, U.S, La, New York, Washington, Charlotte, N.C, Newark, Orlando, Toronto, Sydney, Jakarta, Frankfurt, Munich, Heathrow, Washington ,, States, Denver, Seattle, Reno, Nev, Gulf Coast, Atlantic, Houston , New Orleans, Atlanta, Luton, T.S.A, , noncitizens, France, Britain, Italy, Germany, Berlin, Dutch, Swiss, Delta, United, Hong Kong, Dallas, Boston, North, Central, South America, Dallas , Newark
The company uses ChatGPT and its own algorithm to automatically write press releases. PR tech startup EZ Newswire launched in beta on Wednesday to remove these challenges and give smaller businesses the ability to cheaply write and distribute press releases. ChatGPT alone isn't good enough to write press releases in its own yet, said Klein. At launch, EZ Newswire hosts the press releases on its own site, and has a partnership with the Associated Press to distribute them. In making press release generation and distribution accessible to both big and small businesses, EZ Newswire hopes to blow wide the market around press release distribution.
EZ Newswire hopes to disrupt press release distribution, dominated by PR Newswire and Business Wire. The company uses OpenAI and its own algorithm to automatically write press releases. ChatGPT alone isn't good enough to write press releases in its own yet, said Klein. At launch, EZ Newswire hosts the press releases on its own site, and has a partnership with the Associated Press to distribute them. In making press release generation and distribution accessible to both big and small businesses, EZ Newswire hopes to blow wide the market around press release distribution.
Travel is showing no signs of cooling off this summer, as both demand and prices are expected to stay high. "There's still a lot of pent of demand going back to the pandemic," Booking Holdings CEO Glenn Fogel said on "Squawk on the Street" last week. He also pointed to the TSA checkpoint travel numbers, which are now within a few percentage points compared to the number of travelers seen in 2019. That demand has kept prices high, Fogel said, noting recent trips he's taken. "[Consumers] have gone three years without having the experiences they want, including last summer," Delta Airlines CEO Ed Bastian said on "Squawk Box" earlier this week.
Every previous boom and bust in tech over the decades has resulted in winners and losers. The ones that survived were those that stayed agile, kept focused on innovation, and made sure their foundations were solid. Whichever way you slice it, one thing is certain, the valuations of most major tech companies were high — and now they're not. For Dr. Govindarajan, the theme is austerity, telling Insider that tech "can't afford to be wasteful" anymore. Some people would've lost," said Dr. Govindarajan.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTravel continues to be a top priority for consumers, says Priceline CEO Brett KellerPriceline CEO Brett Keller joins 'Squawk Box' to discuss travel trends ahead of the 2023 spring break season, how business travel will fare, and more.
All of this AI news has helped boost shares of Baidu (BIDU), Microsoft (MSFT) and Google owner Alphabet (GOOGL) this year. Shares of the artificial intelligence software company have more than doubled this year, to about $26. SoundHound AI, which makes speech- and other audio-recognition software, has also seen its stock more than double this year. The fact that many of the world’s largest tech companies are embracing artificial intelligence is evidence of that. “We believe tech companies and tech equities will continue to face headwinds, as long as the Fed keeps its foot on the brake,” Siebel said in December.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPriceline CEO Brett Keller: International travel has seen a strong recoveryPriceline CEO Brett Keller joins CNBC's 'Squawk Box' to break down his forecast for future travel demand amid high inflation and worries about a potential recession.
Harness: 2022 Top Startups for the Enterprise
  + stars: | 2022-11-07 | by ( Cnbc.Com Staff | ) www.cnbc.com   time to read: +1 min
Co-founder Jyoti Bansal sold his first company AppDynamics to Cisco for $3.7 billion and just six years later he has brought Harness up to its own $3.7 billion valuation as of its last fundraising in April. Every company is now a software company and with that digital transformation come issues of constant code fixes and cyber vigilance. The aim of Harness is to provide an estimated 27 million software developers globally the ability to create and send code to end users faster, more efficiently, and securely. Key cloud integrations include Google Cloud, AWS and Microsoft Azure. The 2022 Top Startups for the Enterprise list is powered and inspired by the members of CNBC's Technology Executive Council (TEC).
The couple moved to Rio, where their two-bedroom apartment near the beach is half the rent. We moved to NYC in summer 2018, and my partner had promised me "two winters." Brazil won me over when I realized my income would stretch five to six times as far there as in the US. In Rio, we pay 5,000 reals, or about $1,000, for a two-bedroom, two-bathroom apartment with a home office and 24-hour doorman. We split that cost, so rent costs me about 2,500 reals a month.
However, he couldn't make intraday trades because he didn't meet the pattern day trader rule (PDT), which restricts day trading unless a minimum of $25,000 is in the account. He recalls sitting at his desk all summer watching the stock market from his phone as he worked. He will then review the stock's market cap, which is important because larger can mean less volatile. However, there's a difference between a market stop order and a limit stop order. In August, he started trading again after the stock market began to rally and inflation began to tame.
To maximize and diversify your rewards, it's best to earn miles whenever you fly, and to earn credit card points on your everyday spending. Because of the way frequent flyer programs work, you can usually get a lot more value from transferable credit card points than from airline miles. Transferable credit card points are potentially more valuableTransferable points give you the most redemption options, from cash back to travel. A better way to use your bank-based credit card points is to book travel through your credit card company's travel portal. Why you should earn both credit card points and airline milesUltimately, it's best to collect both transferable credit card points and frequent flyer miles for the sake of flexibility.
Our experts answer readers' credit card questions and write unbiased product reviews (here's how we assess credit cards). I originally opened the Capital One Spark Miles for Business to earn travel rewards. Ultimately, my credit card benefits have helped me save over $2,000 this year for my small business. The information related to the Capital One Spark Miles for Business has been collected by Business Insider and has not been reviewed by the issuer. Remember to re-examine your credit card rewards and benefits at least once a quarter.
My husband gets discounts on car rentals through his employer, but even with that perk, renting a car through Costco is typically cheaper. Car rental companies typically try to get you to add on rental insurance even if you're already covered. According to The Simple Dollar, it can easily cost upwards of $30/day for rental car insurance. While I wouldn't purchase a Costco membership just to use the Costco Travel discount site, it is a nice perk of the $60 membership fee. Annual Fee $0 Intro offer N/A Recommended Credit Excellent Regular Annual Percentage Rate (APR) 19.74% Variable Editor's Rating 3 /5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star 3 out of 5 Stars Our editor's ratings analyze fees, bonuses, rewards, and benefits to highlight the simplest and most valuable credit cards available.
Our experts answer readers' credit card questions and write unbiased product reviews (here's how we assess credit cards). There are a ton of rewards credit cards available, but if you're just getting started with collecting points and miles, you should open the Chase Sapphire Preferred® Card as your first card. For example, the starter card I kept seeing discussed was the Chase Sapphire Preferred® Card. When you're working to earn credit card rewards, it's important to practice financial discipline when targeting credit card rewards — paying your balances off in full each month, making payments on time, and not spending more than you can afford to pay is the best course of action. Read on to learn why the Chase Sapphire Preferred® Cardis our choice of rewards credit card for people who are looking to get started with credit card rewards, whether you're just out of college, or you're closer to retirement than graduation.
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