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Another proptech startup crashes and burns, citing ‘current interest rate environment’

TechCrunch

Here, a fractional short-term vacation rental marketplace, has shut down after just over two years of operation. The Miami-based startup, which had raised a known $5 million in funding, posted on its website on January 3 that it was ceasing operations “due to the current interest rate environment and economic conditions.”

Fintech 274
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Technology’s role in social sustainability

CIO

The survey anticipates an increase of 40 percent on average in the use of technology for social sustainability over the next twelve to twenty-four months. Sustainable supply chains and ecosystems: A growing number of firms use technology to incorporate suppliers into their sustainability strategy.

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IT to thank for most of Radisson Hotel Group’s business initiatives

CIO

Then in March, the pandemic hit and hotel activity stopped, but it gave us the chance to accelerate the company’s transformation and digitalization process that started in 2018 with a five-year plan. So now, he says, more than 90% of the company’s business initiatives are possible through the tech borne out of the IT area he leads.

Hotels 290
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To boost early-stage growth, adopt a jobs-to-be-done approach to marketing

TechCrunch

It teaches us to think about users’ needs and develop a product to meet those needs. The framework also lets us communicate with the user through the lens of the tasks they seek to do, and stay focused on developing features that align with what they need. Optimize your website with JTBD keywords for SEO.

Marketing 223
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Roblox faces a new class action lawsuit alleging it facilitates child gambling

TechCrunch

While gambling is not allowed on the platform, which hosts millions of virtual games that cater to children and teens, the lawsuit points to third-party gambling sites that invite users to play blackjack, slots, roulette and other games of chance using Roblox’s in-game currency. Don’t use it. Heard a lot about rblxflip today.

Games 237
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Mozilla buys Fakespot, a startup that identifies fake reviews, to bring shopping tools to Firefox

TechCrunch

Mozilla announced today that it has acquired Fakespot , a startup that offers a website and browser extension that helps users identify fake or unreliable reviews. The financial terms of the deal were not disclosed. “There will also be future Fakespot integrations that are unique to Firefox. .

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FTC forbids Intuit from advertising services as ‘free’

CIO

The US Federal Trade Commission (FTC) ordered Intuit, a TurboTax software maker, to stop advertising its services as free if they are not free for most of its users. In addition, Intuit will also need to clearly disclose the “terms, conditions and obligations” required for consumers to use their “free” goods or services.