EXPEDIA CEO GORIN STEERS TRAVEL GIANT TO $119B RECORD
■ AI-SUMMARIZED FROM 1 SOURCE ▸ TIMELINE
Ariane Gorin, who took over as Expedia CEO in 2024, has delivered back-to-back years of revenue growth, with the travel platform hitting record gross bookings of $119B in 2025.
■ MORE FROM THE BUSINESS DESK
Major artificial intelligence firms are using accounting techniques to keep substantial debt obligations hidden from financial statements, raising concerns about their actual financial health and transparency.
Alphabet's accelerating cash burn from artificial intelligence investments is raising red flags across the technology sector. The spending surge highlights mounting pressure on major tech companies to justify massive AI capital expenditures.
Alphabet's contracted future spending commitments surged to $811 billion by end of June, nearly doubling from $311 billion three months prior. The massive jump reflects the company's aggressive infrastructure investments.
Data collectives and cooperatives are gaining traction as alternatives to major tech platforms, giving creators direct control over their personal information. These models shift data ownership from corporations to users and communities.