Tripadvisor Rules Out a Merger for Now

[ad_1] Skift Take Tripadvisor apparently got an offer it was easy to refuse. Dennis Schaal Tripadvisor stated this morning that a merger is not in the works for now. “The Special Committee has determined that at this time, there is no transaction with a third party that is in the best interests of the Company […]

Wayve raises more than $1B in Series C

[ad_1] Wayve has raised $1.05 billion in its Series C funding round, the company announced Tuesday. The artificial intelligence-powered autonomous driving company plans to use the new funding to bolster its goal of reimagining autonomous mobility through embodied intelligence – which is meant to extend past generative AI and large language models. The company out […]

Disney eyes cruises as a major growth area

[ad_1] Skift Take Theme park attendance is normalizing after record highs, but Disney eyes cruises as a major growth area with heavy investment planned. Jesse Chase-Lubitz Disney’s executives said Tuesday they see strong attendance at the company’s theme parks but that the attendance numbers marked a slowdown from recent highs. In the last months of […]

CEO Spotlight – Kurt Ekert of Sabre

[ad_1] Kurt Ekert joined Sabre as president in January 2022 and became CEO in April 2023. Prior to that he had been president and CEO of CWT, chief commercial officer at Travelport and held executive positions at GTA, Orbitz Worldwide, Cendant and Continental Airlines. During the company’s recent call to report its Q1 2024 financial […]