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Wednesday, April 30, 2025

Big Data
Global Instability, Booking Trends and How Hoteliers Can Stay Ahead
Global Instability, Booking Trends and How Hoteliers Can Stay Ahead
By Tom Brown

The hospitality industry is experiencing shifting traveler behavior, rising domestic demand, and a growing need for adaptability due to political and economic uncertainty. Despite strong bookings and stable occupancy rates, there are early warning signs and emerging trends that hoteliers need to be aware of. Key findings include: * Inbound travel to the US is weakening, with declines in bookings from Europeans, Canadians, and Mexicans. * Domestic and intra-European travel is increasing, with Europeans booking more within Europe. * Hoteliers need to diversify target markets and adapt their digital strategy to capture localized demand. * Revenue management tools are essential to adapt to shifting demand and maximize occupancy and rates. * Hotels need to broaden their revenue strategies, including ancillary revenue growth, to balance the books. To future-proof their business, hoteliers should focus on agility, smart planning, and providing outstanding hospitality experiences. The situation is fluid, but with the right strategies, hotels can thrive in a rapidly changing market.

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Tariffs set to unleash supply jolt on US economy, economists warn
Tariffs set to unleash supply jolt on US economy, economists warn

April 29, 2025 • By Bloomberg News

The US trade war with China is causing a significant reduction in cargo shipments, with estimates suggesting a 60% decline. This reduction is expected to lead to empty shelves and higher prices in the US, particularly for goods such as holiday decorations and toys. Major retailers like Walmart and Target have warned of "Covid-like" shortages and significant layoffs in industries like trucking, logistics, and retail. The tariffs imposed on China have led to a drastic reduction in goods from one of the largest US trading partners, and the effects are expected to be felt by the middle of May. The freight industry has reduced capacity to match weaker demand, which means that a surge in orders sparked by a detente between the superpowers will likely overwhelm the network, causing delays and boosting costs. The US tariffs on China came at a critical time for the retail industry, as suppliers start ramping up inventory for the second half of the year. Many firms are expecting a significant slowdown, and the restart could cause congestion, with the strength of the rebound and resulting disruption probably correlated to the length of the pause. Economists are warning of a potential recession, with imports expected to fall at a 7% annual rate in the second quarter, and inflation forecasts being revised up due to the looming supply shock. The situation is uncertain, and executives say price tags on goods from China could double on some items, leading to a big financial hit for many companies. Suppliers are expecting lots of orders to be canceled, which will push retailers to scour the US and other markets for goods to fill their shelves. The risk is that supply problems morph into a "credit crunch," according to Steven Blitz, TS Lombard's chief US economist.

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Regulators urge businesses to cooperate on data privacy laws
Regulators urge businesses to cooperate on data privacy laws

April 29, 2025 • By Makenzie Holland

State regulators in the US are advising businesses to be transparent and communicative regarding data privacy laws. At the IAPP Global Privacy Summit 2025, regulators emphasized the importance of open communication and cooperation with companies to resolve data privacy issues. They encouraged businesses to provide detailed information and propose solutions to comply with regulations, rather than being evasive or uncooperative. Regulators also highlighted the need for companies to prioritize data security practices, such as governance, vendor management, and access controls. Additionally, they emphasized the importance of transparency and consumer opt-out options for data sharing. The California Privacy Protection Agency (CPPA) recently fined Honda $632,500 for violating data privacy laws, and regulators expect to see more states working together to tackle data privacy issues.

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Exclusive: Behind The DJ Khaled And Influence Media Deal
Exclusive: Behind The DJ Khaled And Influence Media Deal

April 29, 2025 • By Steve Baltin, Senior Contributor, Steve Baltin, Senior Contributor https://www.forbes.com/sites/stevebaltin/

DJ Khaled has partnered with Influence Media, a company founded by Lylette Pizarro and Rene McLean, to work on various projects, including film and TV productions. The partnership was formed due to the long-standing relationships between Khaled, Pizarro, and McLean, who have known each other for over 25 years. Khaled expressed his excitement about working with people he loves and respects, and the trio discussed their plans for future collaborations, including a film called "Killing Castro" and a project called "Janko Nation." They also talked about their approach to working with artists and their vision for Influence Media, which involves partnering with artists and songwriters around their IP and creating new opportunities in the music industry.

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eufyMake E1 UV printing system review
eufyMake E1 UV printing system review

April 29, 2025 • By M Thorne

The article reviews the eufyMake E1, a UV printing system that allows for direct printing on flat, solid surfaces. The author compares it to other printing technologies, such as inkjet and laser printing, and notes that UV printing is a newer technology that enables printing on a wide range of materials, including wood, canvas, and metal. The eufyMake E1 is a compact and well-designed printer that uses a combination of motors and servos to move the print bed and printhead, allowing for precise placement of images. The printer comes with a range of accessories, including grip mats, double-sided tape, and a cleaning cartridge, and is controlled by a mobile app that allows for easy setup and monitoring of print jobs. The author notes that the printer is not cheap, with an MSRP of $299 for the ink kit, but argues that it is an excellent option for professional users who want to create innovative products with original artwork and high-resolution photography. Overall, the eufyMake E1 is a powerful and versatile printer that offers a range of possibilities for creators and makers.

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U.S. Travel Boycott: 60% Of Canadians Staying Away Because Of Trump, Survey Says
U.S. Travel Boycott: 60% Of Canadians Staying Away Because Of Trump, Survey Says

April 29, 2025 • By Suzanne Rowan Kelleher, Forbes Staff, Suzanne Rowan Kelleher, Forbes Staff https://www.forbes.com/sites/suzannerowankelleher/

A recent survey found that 60% of Canadian adults are unlikely to travel to the US this year due to political tensions created by President Donald Trump. Over a third have already canceled trip plans, with 40% choosing to travel domestically in Canada and 27% looking to other international destinations. This decline in Canadian tourism is expected to cost the US billions of dollars, with a predicted 20.2% decline in visits from Canada in 2025. The US is also seeing a decline in foreign inbound travel overall, with a 14% drop in international visitors in March 2025 compared to the same period last year. The US Travel Association estimates that every 1% drop in international visitor spending means $1.8 billion lost in export revenue annually.

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F1 signs PwC as official consulting partner from Miami GP onwards
F1 signs PwC as official consulting partner from Miami GP onwards

April 29, 2025 • By Autosport

PwC has become Formula 1's official consulting partner meaning it will offer its services to the series in exchange for branding opportunities from the Miami Grand Prix onwards. One of the United Ki…

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Online retailers in the US spent an average of $400k on AI last year
Online retailers in the US spent an average of $400k on AI last year

April 29, 2025 • By Tatiana Walk-Morris

A recent survey by Storyblok found that 30% of executives believe AI has only slightly improved the shopper's experience, despite significant investments. Many US businesses have spent over $500,000 on AI, but the results have been mixed. While some companies, like Walmart and L'Oréal, are using generative AI for tasks like content creation and data analysis, others are still in the exploratory phase. Retail executives acknowledge the potential of AI, but also emphasize the need for a human touch. The industry is expected to continue relying on human interaction, even as AI adoption grows.

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Build Better LWCs for Offline Usage with Salesforce Mobile Tools
Build Better LWCs for Offline Usage with Salesforce Mobile Tools

April 29, 2025 • By Shalini Jain

Salesforce's LWC offline capabilities allow users to access and update critical business data on mobile devices, even without an internet connection. The data syncs seamlessly once the device reconnects to the network. To build better Lightning web components (LWCs) for offline usage, developers can use ESLint, an open-source static code analysis tool that enforces coding standards and best practices. Salesforce provides ESLint plugins and rules for LWC development, including real-time linting and specific rules for mobile offline development. These rules help identify potential issues, such as large data sizes that can negatively affect mobile app performance. By using ESLint and Salesforce mobile tools, developers can build performant and reliable LWCs for offline usage, ensuring a seamless experience for users. Future releases will introduce Mobile Agent, an AI-powered feature that automatically reviews and optimizes LWC code for offline functionality.

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Spot the difference
Spot the difference

April 29, 2025 • By Sarah Charley

Scientists at CERN's LHCb experiment have discovered a proton-like particle that behaves differently from its antimatter counterpart. This finding brings them closer to understanding why antimatter disappeared in the early universe. Physicist Yuanning Gao and graduate student Xueting Yang worked on the project, analyzing decay channels of the lambda-b baryon. After a decade of searching, they found a 2.5% difference in decay rates between matter and antimatter, with a statistical significance that makes it unlikely to be a fluctuation. This discovery marks the first time CP violation has been observed in baryons, which are particles made of three quarks, like protons and neutrons. The results are consistent with the Standard Model of particle physics but open a new era of research into CP violation in particles related to visible matter. The finding is a step towards answering the question of why matter dominates the universe, and scientists hope it will eventually lead to a deeper understanding of the universe's origins.

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AI has a trust problem — Decentralized privacy-preserving tech can fix it
AI has a trust problem — Decentralized privacy-preserving tech can fix it

April 29, 2025 • By Cointelegraph by Felix Xu

The article discusses the trust problem in AI and how decentralized, privacy-preserving technologies can resolve it. Despite AI's growing popularity, users and companies still hesitate to trust it due to concerns about reliability, integrity, and data privacy. Decentralized technologies like zero-knowledge succinct non-interactive arguments of knowledge (ZK-SNARKs) can provide verifiability, transparency, and stronger data protection without compromising AI's growth. These technologies enable AI models to be verified for correctness without disclosing their training data or proprietary logic, protecting user privacy and institutional risk. The article concludes that building trustworthy AI requires decentralization and that technologies like ZK-SNARKs are becoming the foundation of reliable AI systems.

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Huntress Debuts Industry-Disrupting Managed SIEM to Democratize Cybersecurity for Businesses of All Sizes
Huntress Debuts Industry-Disrupting Managed SIEM to Democratize Cybersecurity for Businesses of All Sizes

April 29, 2025 • By Huntress Labs

Huntress has announced the general availability of its Managed Security Information and Event Management (SIEM) solution. The fully managed solution, operated by Huntress' 24/7 Security Operations Center (SOC), aims to simplify traditional SIEM products by removing complexity and noise. It enables customers to detect and neutralize threats earlier and provides fast time to value after deployment. The solution includes enhanced integrations for log sources and expanded compliance capabilities. Huntress' mission is to make enterprise-grade cybersecurity accessible to all businesses, not just large corporations. The company's SOC monitors threats 24/7, providing "herd immunity" from emerging threats. A customer, Key Methods, has praised the solution for its seamless integration and ability to provide detailed assessments and remediation steps. Huntress is committed to breaking down barriers to enterprise-level security and sharing threat analysis with the community.

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Life Science Analytics Market Size Worth USD 24,960 Mn by 2034, Rising Investments in Personalized Medicine and Precision Healthcare
Life Science Analytics Market Size Worth USD 24,960 Mn by 2034, Rising Investments in Personalized Medicine and Precision Healthcare

April 29, 2025 • By Precedence Research

The global life science analytics market size was valued at $11,040 million in 2024 and is expected to reach $24,960 million by 2034, growing at a CAGR of 8.5%. The market growth is driven by technological advancements, increased use of analytics, and demand for personalized medicines. North America held the largest share in 2024, while Asia Pacific is projected to be the fastest-growing market. The descriptive analytics segment dominated the market in 2024, while predictive analytics is expected to gain a significant share by 2034. Key players and recent breakthroughs are also highlighted in the report.

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Prescription Refills Are the Pink Tax No One Talks About
Prescription Refills Are the Pink Tax No One Talks About

April 29, 2025 • By Korin Miller

A recent GoodRx report found that American women spent $8.8 billion more out-of-pocket on prescription medications than men in 2024, a nearly 30% difference. Women tend to spend more on medications for acne, anxiety, migraines, and dry eyes. Researchers attribute this disparity to women being prescribed and using more medications due to higher rates of chronic and mental health conditions, as well as female-specific health concerns like birth control and menopause. This "pink tax" on healthcare can be a significant burden, with women like 38-year-old Alex spending over $400 per month on prescription medications. Experts suggest that women can try to save on prescription medications by being mindful of their usage and exploring cost-saving options, but ultimately, the financial disparity is a deeply embedded issue in the healthcare system.

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10% Returns in the Stock Market
10% Returns in the Stock Market

April 29, 2025 • By Ben Carlson

The article discusses the S&P 500's performance over the past few years, with returns of 28.7% in 2021, -18.1% in 2022, 26.3% in 2023, and 25% in 2024. Despite these fluctuations, the annualized return over this period is around 10%, which is the long-term average. The author analyzed S&P 500 return data from 1926 to determine how often the market returns 10% or more over various time frames, including 3, 5, 10, and 20 years. The results show that average returns occur around half the time, with a decent range around the averages even over longer time frames. The author notes that high returns are not guaranteed and that investing in risk assets can be nerve-wracking, highlighting the importance of dollar cost averaging to diversify entry points and increase the odds of success.

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3 ways to boost your income, from a 30-year-old who grew her salary from $72,000 to $186,000 in 5 years
3 ways to boost your income, from a 30-year-old who grew her salary from $72,000 to $186,000 in 5 years

April 29, 2025

Cinneah El Amin, a 30-year-old product manager and entrepreneur, increased her annual salary from $72,000 in 2017 to $186,000 in 2021 and now makes around $190,000. She recommends three strategies to boost income: 1. Identifying "high-value work" within your company and networking with people in those roles to learn necessary skills. 2. Considering a job change, as workers who switch jobs often see faster wage growth than those who stay in one place. 3. Creating a side hustle by monetizing existing skills, such as accounting, content strategy, or data analysis, to earn extra cash outside of a full-time job. El Amin emphasizes the importance of being intentional about career growth and not staying in a company beyond your "expiration date." She also suggests that people should assess their options and look for new opportunities, even in a challenging job market.

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Trump Jump: Fox News Hits Record Viewership for President’s First 100 Days
Trump Jump: Fox News Hits Record Viewership for President’s First 100 Days

April 29, 2025 • By Sean Burch

Fox News has seen a significant increase in viewership during Donald Trump's first 100 days back in office, with a 13% increase in total day viewers and a 9% increase in primetime viewers compared to 2017. The network averaged 1.90 million viewers and 3.06 million primetime viewers, surpassing its own record set in 2017. In contrast, CNN and MSNBC have experienced declines in viewership, with CNN's primetime ratings plummeting 52% and MSNBC's primetime viewership decreasing by 25%. Fox News' success can be attributed to exclusive interviews with Trump administration members and coverage of major news stories, including tariff news and the death of Pope Francis.

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