DALLAS, TX - Last month, Omni Hotels & Resorts, a prominent hotel chain, experienced a cybersecurity breach that resulted in the theft of customer information. In an update on their website, Omni confirmed that the stolen data includes customer names, email addresses, postal addresses, and guest loyalty program information. However, financial information and Social Security numbers were not compromised. The breach was detected on March 29, prompting Omni to shut down … [Read more...]
Ticket Marketplace Announces Acquisition of Vegas.com Travel Company for $240M
CHICAGO, IL - Vivid Seats Inc., a ticket exchange and resale company, announced during an earnings call with investors on Tuesday the acquisition of the Vegas.com internet domain in a cash and stock transaction valued at approximately $240 million. In a press release, Vivid noted that the Vegas.com domain provides the “most comprehensive event inventory of shows, attractions, and tours in Las Vegas, one of the world's most desirable destinations for leisure and … [Read more...]
How Google Grows Advertising Rev 20% a Year, While Global Economy Grows at 4%
PALM BEACH, FL - If you are in the Internet business, you're going to want to stop and read this one. It will educate you. It might explain a couple of things you have thought about when it comes to Google. It might even make you a little mad. But it is always best to know what is happening in your industry. Or you could stay in your little bubble where they say, ignorance is bliss. Google has the ability to provide the illusion of diversity while using sort of eye candy … [Read more...]
Entrepreneurial Inspiration: Jeff Bezos, Amazon and Earth’s “Blue Origin”
NEW YORK, NY - Jeff Bezos, the guy who built and envisioned Amazon, the largest and most successful online only shopping site, isn’t much different than your average entrepreneur. He was raised in Houston Texas, is a child of divorce, was later adopted, worked at McDonald's as a young boy and went on to attend Princeton University where he graduated with a 4.2 grade point average. He is very much human - and - certainly a hard worker. Bezos held several good jobs after … [Read more...]