AcquisitionBusinessStartups

Hostelworld Expands Social Travel Strategy with $12M Acquisition of Event Platform

Dublin-based travel platform Hostelworld has reportedly acquired US event discovery service OccasionGenius in a $12 million deal. The acquisition aims to accelerate Hostelworld’s social monetization strategy by integrating comprehensive event content into its platform.

Strategic Acquisition in Social Travel Sector

Dublin-based travel platform Hostelworld has reportedly acquired OccasionGenius, a US-based B2B event discovery platform, for $12 million according to recent announcements. Sources indicate this strategic move is designed to support Hostelworld’s social monetization strategy and position the company as an integrated social travel platform.

AIBusinessTechnology

AI Trust Deficit Hinders Enterprise Adoption, Alexa Founder’s Startup Aims to Bridge Gap

** Businesses remain wary of AI due to reliability issues, with reports indicating a 95% failure rate for generative AI pilot projects. Unlikely AI, founded by Alexa creator William Tunstall-Pedoe, is developing a platform focused on accuracy and consistency to build enterprise trust and enable widespread adoption. **CONTENT:**

The Trust Barrier in AI Adoption

ResearchSustainability

U.S. Cities’ Meat Consumption Carbon Impact Mapped in Groundbreaking Study

Researchers have created the first detailed map showing the carbon cost of meat consumption in every U.S. city. The study reveals that eating a burger in Las Vegas generates 1.5 times more emissions than consuming the same burger in Chicago due to regional production differences.

Mapping America’s Meat Carbon Footprint

Researchers have developed the first comprehensive map detailing the carbon emissions generated by meat consumption in every city across the contiguous United States. According to reports published in Nature Climate Change, this groundbreaking analysis reveals significant variations in the environmental impact of meat consumption depending on geographic location and local production methods.