Bloomberg Tech

Expedia’s Ex-COO Says Ad Fees Jumped After Google Remade Search

Advertising payments from Expedia Group Inc.’s vacation home rental business to Alphabet Inc.’s Google ballooned 10 times over a five-year period, but failed to increase traffic after the search engine started showcasing its own flight and hotel information, a former executive of the company told a federal judge.

Morgan Stanley Sees Nubank Reaching $100 Billion Value by 2026

Shares in Nu Holdings Ltd. are set to more than double by the end of 2026, pushing its market value above $100 billion as the digital bank backed by Warren Buffett’s Berkshire Hathaway Inc. expands across Latin America, according to Morgan Stanley.

Israel Latest: Israel Is Planning for Wartime Economic Stimulus

Israeli Finance Minister Bezalel Smotrich said the government is planning a wartime stimulus program “larger and wider” than the support provided to the economy during the coronavirus pandemic, with the budget deficit possibly widening this year to 3.5% of gross domestic product