• You don’t have to ‘just Google it’: AI chatbots, TikTok, and Reddit are redefining how we search online

    A person looking at a computer screen as it flicks between an Amazon logo and a tiktok logo
    • Google's dominance is facing new challenges as search habits shift.
    • Social apps like TikTok and AI chatbots like ChatGPT are changing how we look for information.
    • This story is one of a five-part series exploring the changing online search landscape.

    It's never been easier to ditch Google search.

    Just ask Mohamed Mura, a 37-year-old professional based in London, who began pulling back from the search engine during the pandemic.

    Instead of typing into Google, he turned to TikTok for questions like "how to change a watch band." With the launch of ChatGPT in 2022, Mura's Google usage dropped further. He said the AI chatbot felt like a "second brain or agent" he could bounce ideas off of.

    He now uses a mix of tools for search, like ChatGPT, Grok, TikTok, Reddit, Perplexity, and yes, still sometimes Google. He's not alone. AI search tools are becoming daily habits for many.

    When presented with a list of tools to use when considering a purchase, US consumers said they preferred AI chat interfaces to traditional search engines, according to an August survey of about 2,000 respondents by the consulting firm McKinsey.

    Young people, in particular, are also looking beyond Google to social apps like TikTok, Reddit, Pinterest, or Instagram to find information. Nearly half (46%) of Gen Z users prefer to search on social media rather than Google, according to a survey last year from Forbes Advisor and Talker Research. That figure generally lines up with Google's own data on Gen Z's search preferences.

    "Social search is definitely a hot topic," Evelyn Mitchell-Wolf, a senior analyst at Forrester, told Business Insider, especially as "search behaviors fracture or distribute among a broader array of platforms aside from just Google." In fact, more US consumers are turning to social media platforms than to AI options, such as ChatGPT or Microsoft Copilot, according to a recent survey from EMARKETER, Business Insider's sister company.

    Bar Chart

    Google is still king among traditional search engines and AI search tools, controlling around 90% of the global market, according to network services firm Cloudflare. Google has also responded to competition by adding AI overviews to many of its search results.

    In its earnings report last month, Google's parent company Alphabet said quarterly sales from Google search rose 15% from a year ago to $56.6 billion, making up more than half of the company's overall revenue.

    Google's market dominance in traditional search doesn't factor in searches on video apps like TikTok or e-commerce tools like Amazon, however. And Google's grip on the overall search landscape could loosen as the internet splinters into smaller communities.

    Beyond AI chatbots and video apps, a slew of new search-focused startups, including Lore, a fandom-focused search engine, and Daydream, an e-commerce AI search tool for shopping, have emerged to support the demand for something new.

    So, where are the best places to go if you want to try a new way of searching? It depends on what you're looking for.

    Here are some search tips and tricks:

    Finding new recipes or places to visit

    AI tools like ChatGPT or Anthropic's Claude are great at concocting original recipes with ingredients you already have at home. Video apps like TikTok or Instagram let you search for a recipe and actually see the cooking process before you try it.

    Finding new recipes was the most common use case for TikTok's search engine, a 2023 survey from Adobe found, with people saying they were looking for "video tutorials," "product or service reviews," and "personal stories or anecdotes" on the app.

    TikTok creator Cheryl Smyth holds whipped cream and cherry topped treats in front of a ring light and phone.
    TikTok creator Cheryl Smyth posts cooking videos for around 300,000 followers.

    Video reviews are also handy when planning a trip, allowing you to see a hotel or destination before deciding to visit. TikTok released a product this year that lets users book hotels directly from videos in the app.

    Young people "are looking for product or service recommendations and they're looking for restaurants to eat at," Mitchell-Wolf said. Social platforms are a "flourishing environment" for this category of search, she added.

    Finding new outfits or things to decorate your home

    If you're looking for inspiration, Pinterest can be a first stop in the search journey.

    Design, particularly, is the top search use case (62%) for the moodboarding platform, according to a March survey from Adobe. Fashion advice was also popular.

    A recent example: In August, Pinterest shared that searches for "vintage fall aesthetic" were up 1,074% year-over-year, and that there were upticks in searches around thrifted outfits, kitchen accessories, and interior decorating.

    A Pinterest activation at New York Fashion Week.
    A Pinterest activation at New York Fashion Week.

    Social platforms like Instagram and TikTok can also be places to find inspiration. And for fashion specifically, there's a wave of new startups building shopping search tools, from personalized e-commerce search engines like Daydream to more niche platforms helping people find secondhand items, such as Beni.

    If you already have a product in mind to buy, you might turn to the giants Amazon and Walmart. EMARKETER found that 56% of US consumers go to Amazon for search and 45% to Walmart.

    "Amazon has become a major destination for product search," said Sky Canaves, a principal analyst at EMARKETER. "They've taken share from Google in that space over the years because they have so many products that Prime members can typically start a search there, and then maybe they go to Google next."

    Searching the web without prying eyes

    Google, famously, is a data-collection machine. When you're searching in its app, Chrome, Gmail, or some other Google-owned product, you're helping the company build a detailed advertising profile on who you are and what you're looking to buy.

    Search engines and browsers like DuckDuckGo and Brave offer tools for privacy-conscious users who don't want their search habits tracked.

    "We know that people are tired of being exploited online by scammers and by data-hungry companies who essentially have made it their business model to sell users out to the highest advertising bidder," said Beah Burger-Lenehan, SVP of product at DuckDuckGo.

    Finding answers from real people

    Sometimes websites don't have the answers we're looking for. We want answers from everyday people.

    Have you found yourself typing "[insert search topic here] reddit" into Google? You're not alone.

    "Particularly with Gen Z or younger users, if they want to see what other people are saying, maybe they don't start on Google, they will start on TikTok or go to Reddit," Canaves said.

    Reddit told investors that in the third quarter, over 75 million people searched on its platform each week.

    The top search categories on Reddit are tech, news, and personal finance, according to a 2024 Adobe survey. However, a good chunk of people are also turning to the platform for career or relationship advice, as well as product recommendations.

    In December, the company launched a chatbot search tool called Reddit Answers that summarizes user recommendations and discussions in a conversational manner. Daily query volume for the feature is up over 20% since last quarter, the company told Business Insider.

    If you just don't want to use Google, try these

    If you're simply tired of staring at the Google search bar and want something that's similar, but not owned by Google, there's always Microsoft's Bing.

    You can also try out AI-powered browsers like OpenAI's Atlas and Perplexity's Comet, which allow you to search conversationally or use an AI agent to complete certain tasks.

    Some AI search tools offer voice assistants, which can make searching more seamless.

    "It's a lot less friction if you're speaking to an AI assistant versus having to type a long query," Canaves said. "The output that you get will be a lot more nuanced than what you would get from typing in three or four keywords into a Google search bar."

    Read the original article on Business Insider
  • Where software engineers can live well and earn big

    Seattle
    Seattle

    Data guru Hakeem Shibly recently dug into every US software engineering pay package shared with Levels.fyi in the past year.

    His goal: Figure out which cities pay engineers the best after adjusting for the cost of living.

    The Greater Seattle Area tops the list, followed by Austin — ahead of the big dog, Silicon Valley, which ranked third.

    A few surprises: Denver and Boulder edge out bigger, older hubs such as Chicago. The Raleigh-Durham research area in North Carolina ranks pretty high, offering solid compensation along with a reasonable cost of living.

    Want more options beyond Big Tech hubs like Silicon Valley and the Seattle area? San Diego, Dallas, and Atlanta offer software engineers a solid combination of pay and manageable living expenses, according to Levels.fyi data.

    If you want to know which tech jobs pay what kind of money, check out Business Insider's salary data here.

    And here's the data from Levels.fyi, in a handy chart from BI's awesome graphics crew:

    Bar chart illustrating how software engineering compensation, adjusted for cost of living, varies across major U.S. metro areas. The graphic highlights which cities offer the best pay value for engineers, showing both expected tech hubs and some surprising regional standouts.

    Sign up for BI's Tech Memo newsletter here. Reach out to me via email at abarr@businessinsider.com.

    Read the original article on Business Insider
  • I visited Meta’s NYC pop-up. It felt like a mix of an Apple store and Warby Parker, with no expense spared.

    Henry Chandonnet is pictured in the Meta Ray-Ban Displays.
    My trip to the Meta Lab pop-up included a Meta Ray-Ban Meta Display demo.

    • I visited the New York Meta Lab pop-up. It got me excited for the future of Meta's in-person retail.
    • The pop-up was artfully designed and loaded with different use cases for the company's AI glasses, which you can demo.
    • Meta staff dwarfed the number of customers, but it may have been a quiet period at 11:30 a.m. on a weekday.

    For years, Meta has built its businesses online. Now, it's also expanding to brick-and-mortar — including a new two-story location in NYC that I visited this week.

    As it continues to launch new gadgets, including its popular Ray-Ban and Oakley AI glasses and VR headsets, Meta is accelerating its in-person pop-ups. In 2022, Meta opened its store in Burlingame, California, near the company's Reality Labs campus. Pop-ups expanded to Los Angeles in 2024 and Las Vegas in October 2025. The recently opened pop-up in New York is smack in the middle of 5th Avenue's shopping hub.

    In-person retail could send new customers to Reality Labs products. Meta's AI glasses and VR headsets have been available at major retailers for some time, but the Meta Labs pop-ups are the company's first stand-alone glasses stores.

    Are these pop-ups the future of Meta's retail presence? I visited the New York location to find out.

    Meta Lab was in the luxury shopping district on 5th Avenue.
    Meta Labs is pictured on 5th Ave.

    Meta Lab is a small, blue building on Fifth Ave. The pop-up is around the corner from the St. Regis hotel, and two blocks from the Louis Vuitton flagship. Next door is the jewelry boutique Harry Winston.

    The area is ripe for foot traffic.

    The pop-up "highlights and fosters community."
    The Meta Lab founding principle is pictured.

    On the door, Meta Lab gives its mission statement. The four paragraphs were also at the base of the elevator bank inside.

    "We endeavor to set the standard for conceptual retail in tech by celebrating customization and self-expression," it read. "We hope the experiences will continue to delight and bring you back time and time again."

    The first floor was filled with AI glasses.
    Ray-Bans are pictured and Meta Lab.

    Upon entering, Meta Lab resembled a Warby Parker (funnily enough, Warby Parker partnered with Google for its rival AI glasses bet.)

    The walls were lined with AI glasses from collaborations with both Oakley and Ray-Ban. These glasses were available for purchase, while the Meta Ray-Ban Displays required an appointment to buy.

    One of Meta's retail innovations: ping pong paddle mirrors.
    Ping pong paddle mirrors at Meta Lab.

    There were mirrors all around the Meta Lab, and I caught more than one customer taking a mirror selfie. They were also used for glasses demos (say: "Hey Meta, take a picture").

    On the glasses counters, Meta replaced the traditional rubber on a ping pong paddle with a mirror for handheld use.

    The pop-up's design was skate-themed.
    A Zoo York skateboard is pictured.

    After exploring the wall of glasses, I turned to the other side, which was filled with skateboard-themed art. The collection was made in collaboration with Zoo York. It offered viewers an opportunity to "travel through the timeline of New York skate culture," per a sign.

    Around this time, I noticed how quiet the Meta Lab was. At 11:30 a.m. on a Wednesday, it likely wasn't peak hours. However, on this base floor, there seemed to be twice as many staff members as customers.

    A Meta representative wrote over email that "foot traffic numbers have exceeded expectations across all stores."

    Time for a demo!
    A Meta Lab employee unboxing a pair of Ray-Bans

    The Meta Lab is built for AI glasses demos. There are signs scattered around the shop suggesting prompts to ask your glasses. Naturally, I signed up.

    A trusty Meta Lab employee pulled me aside and started with my first demo: the second-generation Meta Ray-Bans.

    "Hey Meta, take a picture."
    The Meta Ray-Bans in a mirror.

    My Meta Lab guide walked me through all of the features. He showed me how to play music, how to ask Meta AI for information, or how to take a picture. Thus, this mirror selfie.

    He also showed me how the Ray-Bans have transition lenses based on the time of day and brightness. Using a flashlight, he darkened one of the lenses. That, dear reader, is why it looks like I'm wearing an eyepatch.

    My second demo: The higher-tech Meta Ray-Ban Display
    The Meta neural band is pictured.

    Going upstairs, I asked to demo the Meta Ray-Ban Display, which, as their name suggests, includes an integrated screen in the glasses lens. (I was still jealous of my colleague, Peter Kafka, who got to try them out in September.) My Meta Lab guide sized a "neural band" for me and walked me through its features.

    The glasses are controlled through a series of small hand motions. Users tap their index finger to select, or their middle finger to go back. To swipe, they move their thumb back and forth on their index finger, similar to a joystick.

    It took some time to get used to. Eventually, I felt like a pro.

    The Display lived up to the hype.
    Henry Chandonnet is pictured in the Meta Ray-Ban Displays.

    My Meta Ray-Ban Display demo was fascinating.

    The Maps feature seemed helpful, as did the search function. The quality of the live transcription was more varied. But, above all, I was awed by the tech. The integrated screen was discreet, and I could see future use cases. Yes, I would love to watch Netflix on the subway without having to look down at my phone. Meta just needs to get there.

    One fun moment: Walking me through the search functions, my Meta Lab guide asked me to pick a question of my own. I asked, "Who is the CEO of Meta?" The Displays brought up an older pick of Mark Zuckerberg, before he became the broccoli-haired Buff Zuck. I told my guide; he laughed.

    Am I going to pay $799 for a pair of Displays? No. The tech is a bit too early for me, and I'm not sure the screen justifies itself just yet. (I'm more likely to buy the simpler AI Ray-Bans; I liked the music and photo options.) However, it was a promising sign of what's to come in wearable technology.

    Let's tour the upstairs!
    Meta's custom Ray-Ban cases are pictured.

    Having finished both of my demos, it was time to tour the upstairs of the pop-up.

    First up: the custom engraving bar. With printers in the back, customers could request custom cases for their glasses or get the New York-only specialty case.

    Next to it was a café area, where customers could request coffee from Buddies in Williamsburg or massive black-and-white cookies.

    This is also when I started realizing how much money Meta likely spent. From multiple art collections to food and case engravings — let alone the prime New York real estate — Meta spared no expense.

    Spotted: the Meta Quest headsets.
    Meta's Quest headsets are pictured.

    The Meta Lab was almost entirely devoted to AI glasses. They covered the walls, both upstairs and downstairs, and the art was designed for use with the glasses.

    But, tucked into a nook near the register, customers could find another Meta hardware bet: Meta Quest VR headsets.

    Some of the glasses were hooked up to demo tablets.
    A demo at Meta Lab is pictured.

    In many ways, the Meta Lab felt like a hybrid of an Apple Store and a Sunglass Hut. Some of the glasses were connected to tablets for a demonstration, which was helpful when human Meta workers weren't available to assist.

    Except, Meta employees were everywhere. With only a few customers browsing the pop-up, many staffers were chatting among themselves. There was even a Meta elevator attendant whose job was to press 1 or 2.

    It's possible the Meta Lab was more overstaffed than under-trafficked.

    One Meta AI use: creating custom stickers.
    Meta Lab's "Sticker Slam" is pictured.

    Part of the Meta Lab's goal is to show customers new and exciting use cases for the company's AI, beyond generating recipes and email drafts.

    Using Meta AI's image generator, the "Sticker Slam" offers customers the chance to create their own AI-generated images. I asked for my dog, Charlotte, with angel wings and a tiara. The machine nailed it.

    Evan Mock designed much of the top floor.
    Art designed by Evan Mock is pictured in Meta Lab.

    Keeping with the skate theme, actor and skateboarder Evan Mock designed much of the top floor. The colors were all neon, and there were name plates plastered around a map of New York with Mock's memorable spots.

    The display featured some print magazines in which Mock was featured on the cover. This wasn't the Lab's first reference to magazines. Downstairs, one of the Meta AI prompts asked the glasses where to buy skateboarding magazines.

    I spotted a copy of V Magazine, one of my first jobs in journalism. Print media isn't dead!

    Leaving the Lab, I felt hopeful for Meta's hardware effort.
    The Meta Logo is pictured in the design of the pop-up.

    I prepared to leave the Lab, but not before marveling at the subtle Meta logo carved into the pop-up's high wooden arch.

    It led me to wonder: Could part of the Lab's relative slowness during my visit have to do with the pop-up's "Meta Lab" branding? American shoppers could certainly recognize the company's mega-popular products, such as the classic blue Facebook logo or the rainbow Instagram camera. But how many could point out the Meta logo?

    Indeed, the name Meta itself is still relatively fresh, dating back to 2021. Maybe a "Facebook Lab" would drive more foot traffic.

    Regardless, the Meta Lab left me excited. The demos were thrilling, and the design was inventive. Meta seems happy with it, too. The Meta representative told me that the pop-up will be open for the "next few months," but that they are hoping to make it "a more permanent location."

    Read the original article on Business Insider
  • Sonder had years of red flags before Marriott made a deal — and travelers got left in the lurch

    A phone displaying the Sonder logo covered by a large crack

    The warning signs were there.

    Long before guests found themselves abruptly kicked out of their "Sonder by Marriott" stays this month, Sonder, the Airbnb rival, was battling sloppy accounting, a litany of lawsuits, and a stock price so low it was nearly delisted from the Nasdaq.

    Bankruptcy filings and SEC records show just how stark the signs were — and raise questions about why Marriott, the world's biggest hotel chain, got into bed with the one-time unicorn.

    The San Francisco startup, founded in 2014, leased apartments and hotel rooms in bulk, redesigned them with a minimalist aesthetic, and rented them to travelers. It's the brainchild of Canadian Francis Davidson, who is the ideal of a 2010s founder: VC-backed, college dropout, Forbes 30 Under 30. He offered a "revolutionary" promise: Goodbye, poorly decorated Airbnbs with quirky hosts. Hello, streamlined rentals managed with modern technology.

    In August 2024, he unveiled his pièce de résistance: a deal between Sonder and blue-chip Marriott, which was heralded as a way to bring that vision into the future.

    "Making this deal happen — along with the multi-party, complex capital raise I orchestrated — was the hardest thing I've ever done," former CEO Davidson wrote in June.

    At the time, analysts lauded the deal, noting that it would add 9,000 rooms to Marriott's portfolio — a key figure for the hotel giant's valuation. Sonder said after the deal closed it would reduce costs by as much as $50 million.

    Looking back, the Marriott deal was maybe less of a legitimization and more of a Hail Mary. Since going public at a $2 billion valuation in 2021, Sonder had faced layoffs, lawsuits, and a slew of executive departures, including Davidson.

    "Marriott, no lie, they saved the company last year with their agreement," Logan Ford, who worked in sales at Sonder before being laid off last week, told Business Insider.

    The $76 billion hotel giant didn't come to Sonder's rescue again. In court filings for Sonder's bankruptcy case, Marriott said that after it helped cover about $1.5 million in payroll, Sonder pressed the company for as much as $50 million to pay for shutdown operations. Marriott declined, and shortly afterward, signs appeared on the doors of Sonder properties telling guests to vacate.

    Thousands of customers were suddenly left with no place to sleep.

    Now, some in the industry are questioning how Marriott missed the warning signs. "I don't know how anyone with any iota of business sense could have thought that this was a good idea," said Alan Reay, president of Atlas Hospitality Group, a California brokerage firm that tracks hotel ownership and financing trends.

    "The Marriott partnership is what essentially kept the company afloat for the next year," Ford said — and when it ended, there was nothing left.

    A unicorn that survived the pandemic

    At the height of COVID-19, Sonder laid off a third of its staff and had been sued for allegedly bailing on leases, a claim that Sonder denied and for which litigation is ongoing.

    In 2021, the company, which gained unicorn status two years earlier, announced it was going public via a SPAC at a $2.2 billion valuation. SPACs — or special purpose acquisition companies — offered what many startups saw as a quicker, less scrutinized path to going public than a traditional IPO.

    Sonder had survived while competitors like Lyric folded, and was now on its way to becoming an "iconic 21st-century brand," then-CEO Davidson told Business Insider at the time.

    "This kind of financial discipline, with a really rapid response to the pandemic, has meant that we've been able to outperform a lot of the competition and be in a relatively strong position," Davidson said.

    Its public market debut was lackluster. On its first day of trading, Sonder's stock dipped 8%.

    Its downward spiral continued. Shares traded under $1 for much of the following year, leading the Nasdaq to threaten a delisting.

    Line chart

    There was another round of layoffs — this time 17% — in 2024, and Sonder was hit with lawsuits accusing it of not paying rent or properly managing its buildings.

    One New Orleans hotel that Sonder managed, the 100-year-old Jung Hotel, alleged that the startup had tarnished its reputation. There wasn't enough security, which led the hotel to become a "magnet for violent crime" and a "warzone," the landlord said in the lawsuit. The hotel was also not properly cleaned, with toenails in the bed sheets and blood on the linens, the complaint said.

    Sonder disputed the claims, and the lawsuit was settled, as was a 2022 lawsuit Sonder filed against the Jung Hotel's owner at the time.

    "SCAM- NOT AN OPERATING HOTEL," one online review read, according to the Jung Hotel's 2023 complaint. "Just another short term rental place poorly taken over by Sonder. You've been warned."

    A hotel in San Francisco sued, saying Sonder wasn't paying its rent and owed more than $1.2 million as agreed upon in a lease termination agreement. Sonder denied the claims, and the lawsuit was settled.

    The company's accounting also had problems. In 2024, Sonder revealed in an SEC filing that its financial records since its debut as a publicly traded company could not be trusted after being reviewed by an auditor.

    The stock fell 38%, and Sonder said in filings that it was asking lenders not to call in loans or otherwise punish the company for the errors.

    Despite that, Marriott took a chance. Six months after its announcement of two years of unreliable financial reporting, Sonder announced its deal with Marriott. All of Sonder's properties would now fall under the "Sonder by Marriott Bonvoy" branding.

    "When we did the deal back in August 2024, everyone around the table was aligned that plugging into Marriott's distribution should increase revenues for Sonder," Davidson told Business Insider this week. "The fact that in the end there was seemingly a decline comes as a great surprise, I think, for all parties involved."

    Sonder declined to comment on the record.

    Sonder's rooms allowed Marriott to boost its "net unit growth," or the number of rooms it can rent, a key metric followed closely by investors and Wall Street analysts. The Sonder deal allowed it to add 9,000 units to its portfolio, it said when it announced the deal.

    For Sonder, it provided desperately needed cash. Marriott would pay Sonder $15 million in "key money" as part of the deal.

    Some in the hotel industry said they were surprised at the deal. Reay of Atlas Hospitality Group said it "absolutely made no sense."

    "Whoever did the due diligence, whoever did the underwriting on this, if they're still at Marriott, I'd be surprised," he said, comparing Sonder to a WeWork-style implosion waiting to happen.

    Robert Rauch, a hotel consultant and Marriott franchisee, said the company's confidence in its own brand perhaps clouded its judgment. He called Marriott "a great company" that is "vertically integrated better than any company I've seen," but said its deal with Sonder was "a bad risk."

    A Marriott spokesperson declined to comment.

    Multiple people with familiar with Sonder's said the Marriott deal sustained the company.

    "The Marriott agreement a year ago is actually what kept us from bankruptcy," Ford, the sales employee, said.

    Even still, Sonder was in a precarious position.

    "Management has concluded that there is substantial doubt, which is not alleviated, about the Company's ability to continue as a going concern for at least one year," it wrote in a November 2024 filing. One year after the filing, Sonder was out of business.

    A sign on a Sonder property saying the property is now closed
    A sign announcing the closure of a Sonder property in New York City.

    Final days of Sonder

    By this November, Sonder was drowning in debt, nearly out of cash, and out of options, according to legal filings.

    Sonder had been negotiating for emergency financing and a potential buyer to take over its assets in bankruptcy, but the bidder abruptly pulled out on November 2, the filings said.

    Three days later, Marriott agreed to provide Sonder with about $1.5 million in funding to cover one week of US payroll, the hotel chain said in filings in Sonder's bankruptcy case, calling it a short-term move to help keep thousands of guests housed.

    The "ink was barely dry" when Sonder, on November 6, sent Marriott a $50 million proposal for Marriott to cover the costs of winding down Sonder, according to bankruptcy filings. The hotel giant said it rejected that plan, along with two other revised proposals for $28 million and $14 million.

    Marriott accused Sonder of trying to "leverage guest safety as a bargaining chip" in order to get money out of it.

    Sonder threatened that "unless Marriott financed its wind-down, it would shut down hotel systems and leave thousands of guests locked out of their rooms mid-stay," Marriott alleged in bankruptcy papers.

    On November 7, Marriott terminated its 20-year license agreement after Sonder told Marriott it faced an "imminent free-fall liquidation." Marriott said in court filings that this allowed it to take over guest support and begin rebooking travelers.

    The move left guests scrambling, forcing many to leave their stays with little warning.

    Marriott said Sonder notified customers that it would no longer honor their reservations and advised them to contact Marriott regardless of whether they had booked stays outside Marriott's platforms. Sonder, which reported having over 1,400 employees at the end of 2024, also laid off all staff the same day without severance.

    On November 10, Sonder announced its Chapter 7 bankruptcy plans.

    In its press statement, Sonder blamed financial strain, technical problems integrating with Marriott's booking systems, and a sharp drop in bookings from Marriott's Bonvoy program. Marriott, in turn, said the collapse stemmed from Sonder's own mismanagement.

    "Sonder collected tens of millions of dollars in advance payments for reservations it now admits it will never honor, spent weeks on a failed restructuring without any contingency plan, and failed to reserve sufficient liquidity to support an orderly wind-down," Marriott said in a bankruptcy filing.

    The company, Marriott claimed, used guests' advance payments and deposits to bankroll its own operating expenses.

    Amid the fallout, Marriott tried to distance itself from Sonder.

    "It's important to understand, and I think it's important for the public to understand, that there was a license agreement, and, quite frankly, nothing more between Marriott and Sonder," an attorney for Marriott told a Delaware bankruptcy judge this week.

    Sonder managed and operated its thousands of apartment-style and boutique hotel short-term rental units around the globe — not Marriott, the lawyer emphasized.

    For Marriott, the end of the deal was a black eye as news stories and social media were flooded with stories of travellers left without options and being given conflicting advice.

    For Sonder, it was the end of the line.

    Read the original article on Business Insider
  • Here are the top 10 ASX 200 shares today

    falling asx share price represented by business man wearing box on his head with a sad, crying face on it

    It was another miserable session this Friday to put an end to what has been an even more miserable trading week for the S&P/ASX 200 Index (ASX: XJO) and ASX investors.

    By the time trading wrapped up this session, the ASX 200 had crashed 1.59% lower, leaving the index at a depressing 8,416.5 points as we head into the weekend.

    This rather horrid Friday for Australian investors follows a similarly downbeat Thursday for the US markets across the early hours of this morning.

    The Dow Jones Industrial Average Index (DJX: .DJI) suffered a 0.84% swing against it.

    Meanwhile, the tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC) was hit even harder, falling a nasty 2.15%.

    But let’s return to the ASX boards now and take a look at how the various ASX sectors traversed today’s tough trading conditions.

    Winners and losers

    There were only two sectors that were spared from a loss this Friday. But more on those later.

    Firstly, it was gold stocks that were targeted the most brutally today. The All Ordinaries Gold Index (ASX: XGD) ended up plunging 4.81%.

    Broader mining shares had a rough time too, with the S&P/ASX 200 Materials Index (ASX: XMJ) tanking 3.93%.

    Continuing the commodities theme, energy stocks didn’t escape intact. The S&P/ASX 200 Energy Index (ASX: XEJ) cratered by 3.11% by the closing bell.

    Real estate investment trusts (REITs) suffered immensely as well, evidenced by the S&P/ASX 200 A-REIT Index (ASX: XPJ)’s 1.97% dive.

    We could say the same for consumer discretionary shares. The S&P/ASX 200 Consumer Discretionary Index (ASX: XDJ) endured a 1.27% slump this session.

    Tech stocks weren’t too popular either, with the S&P/ASX 200 Information Technology Index (ASX: XIJ) sinking 1.03%.

    Utilities shares were right behind tech. The S&P/ASX 200 Utilities Index (ASX: XUJ) dipped 1.02% by the closing bell.

    Industrial stocks were also in that ballpark, as you can see from the S&P/ASX 200 Industrials Index (ASX: XNJ)’s 1% drop.

    Financial shares weren’t riding to the rescue. The S&P/ASX 200 Financials Index (ASX: XFJ) slid 0.74% lower today.

    Communications stocks were our last losers, with the S&P/ASX 200 Communication Services Index (ASX: XTJ) slipping 0.45%.

    Consumer staples shares proved to be a safe haven this Friday, though. The S&P/ASX 200 Consumer Staples Index (ASX: XSJ) ended up lifting by 0.04%.

    Finally, healthcare stocks also got out unscathed, although the S&P/ASX 200 Healthcare Index (ASX: XHJ) finished the day flat.

    Top 10 ASX 200 shares countdown

    Coming in on top of the index this Friday was investing company GQG Partners Inc (ASX: GQG). GQG stock managed to ride out today’s storm with a healthy 5.18% rise, leaving it at $1.63 a share.

    There wasn’t any news out of the company, but, as my Fool colleague posited today, perhaps investors were looking for a cheap place to park their cash.

    Here’s the rest of today’s best shares:

    ASX-listed company Share price Price change
    GQG Partners Inc (ASX: GQG) $1.63 5.18%
    Catapult Sports Ltd (ASX: CAT) $4.51 4.40%
    Charter Hall Group (ASX: CHC) $24.64 4.23%
    WiseTech Global Ltd (ASX: WTC) $65.76 2.41%
    Reece Ltd (ASX: REH) $10.98 2.14%
    Superloop Ltd (ASX: SLC) $2.42 1.68%
    HMC Capital Ltd (ASX: HMC) $3.22 1.58%
    Auckland International Airport Ltd (ASX: AIA) $6.82 1.34%
    ALS Ltd (ASX: ALQ) $21.35 0.71%
    A2 Milk Company Ltd (ASX: A2M) $9.36 0.65%

    Enjoy the weekend!

    Our top 10 shares countdown is a recurring end-of-day summary that shows which companies made big moves on the day. Check in at Fool.com.au after the weekday market closes to see which stocks make the countdown.

    The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.

    Should you invest $1,000 in GQG Partners Inc. right now?

    Before you buy GQG Partners Inc. shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and GQG Partners Inc. wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    * Returns as of 18 November 2025

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    Motley Fool contributor Sebastian Bowen has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Catapult Sports, HMC Capital, and WiseTech Global. The Motley Fool Australia has positions in and has recommended Catapult Sports and WiseTech Global. The Motley Fool Australia has recommended Gqg Partners and HMC Capital. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

  • The initial investigation into the UPS plane crash shows similarities to a much-deadlier 1979 crash

    A UPS McDonnell Douglas MD-11.
    An NTSB probe found that the engine of the plane came off its wing because of metal fatigue and stress in the hardware.

    • The NTSB says the UPS plane crash in Louisville was caused by metal fatigue in the engine hardware.
    • The crash killed 14 people and led to the grounding of the MD-11 fleet by the FAA.
    • Metal fatigue-related plane crashes are rare but have occurred in previous airline incidents.

    A federal investigation into the crash of a UPS cargo jet that killed 14 people in Louisville, Kentucky, earlier this month found that the engine of the plane came off its wing because of metal fatigue and hardware stress.

    A preliminary accident report published by the National Transportation Safety Board on Thursday showed frame-by-frame images of the General Electric-made engine completely coming off and then smashing into the body of the Honolulu-bound plane as the aircraft took off. It also included photos of the wreckage being studied in the NTSB lab.

    The probe "found evidence of fatigue cracks in addition to areas of overstress failure" in a part that attached the McDonnell Douglas MD-11 freighter's left engine to the wing, the report said.

    The three crew members on the plane and 11 people on the ground were killed, the report said. Another 23 people on the ground were injured. The plane crash left a trail of destruction in an industrial area near Louisville's Muhammad Ali International Airport, satellite images in the report showed.

    The report added that the plane initially climbed to about 30 feet above ground and cleared a fence at the end of a runway before its main landing gear hit the roof of a UPS warehouse at the edge of the airport. The plane then hit a storage yard and two other buildings, including a petroleum recycling facility, and was mostly consumed by fire.

    Metal fatigue crashes

    The MD-11 involved was a 34-year-old tri-engine widebody jet that was first delivered to Thai Airways in 1991, before being acquired by UPS in 2006. Boeing merged with McDonnell Douglas in 1997.

    The Federal Aviation Administration grounded the MD11 fleet, which UPS and FedEx use, in the wake of the crash.

    Plane crashes caused by metal fatigue are rare, but similar accidents have occurred before.

    Thursday's report referenced a similar but much deadlier crash in 1979. American Airlines flight 191, a McDonnell-Douglas DC-10-10 aircraft, crashed into an open field at the end of a runway at Chicago-O'Hare International Airport.

    During takeoff, the left engine on the left wing separated from the airplane and fell onto the runway. The airplane was destroyed in the crash and subsequent fire, and 273 people, including two people on the ground, were killed.

    More recently, in 2018, Southwest Airlines Flight 1380 experienced an uncontained engine failure in the left engine after departing from New York's LaGuardia Airport en route to Dallas. The incident killed a window seat passenger.

    In 2016, a Southwest flight blew an engine as it flew from New Orleans to Orlando, and shrapnel tore a five-by-16-inch hole just above the wing. The plane landed safely. The NTSB said a fan blade had broken off because of metal fatigue.

    In Thursday's report, the NTSB said its investigation of UPS flight 2976 is ongoing.

    Read the original article on Business Insider
  • Moody’s upgrades Bendigo and Adelaide Bank credit rating: what investors need to know

    A group of happy corporate bankers clap hands

    Bendigo and Adelaide Bank Ltd (ASX: BEN) is in focus today after Moody’s upgraded the bank’s long-term issuer credit rating, reflecting strong asset quality and a robust funding profile.

    What did Bendigo and Adelaide Bank report?

    • Moody’s upgraded BEN’s long-term issuer credit rating to A3 from Baa1
    • Baseline Credit Assessment improved to a3 from baa1
    • Subordinated debt rating also lifted to Baa1 from Baa2
    • Short-term rating remains at P-2
    • Credit outlook moved to ‘Stable’ from ‘Positive’

    What else do investors need to know?

    Moody’s cited “very strong asset quality, very strong funding profile and strong liquidity” as reasons for the upgrade. The announcement signals confidence in Bendigo and Adelaide Bank’s balance sheet strength and risk settings.

    These changes are effective immediately and could help the bank with funding costs and market confidence. Investors may watch for any flow-on impacts to the bank’s future borrowing and operational flexibility.

    What’s next for Bendigo and Adelaide Bank?

    Looking ahead, management will likely focus on maintaining asset quality and liquidity, aiming to further strengthen the bank’s market position. Investors may also pay attention to how the credit rating upgrade affects BEN’s cost of capital and strategic initiatives.

    Continuous improvement in risk management and a stable funding environment could support the bank’s long-term growth and sustainability.

    Bendigo and Adelaide Bank share price snapshot

    Over the past 12 months, Bendigo and Adelaide Bank shares have declined 19%, trailing the S&P/ASX 200 Index (ASX: XJO) which has risen 1% over the same period.

    View Original Announcement

    The post Moody’s upgrades Bendigo and Adelaide Bank credit rating: what investors need to know appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Bendigo and Adelaide Bank Limited right now?

    Before you buy Bendigo and Adelaide Bank Limited shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Bendigo and Adelaide Bank Limited wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    * Returns as of 18 November 2025

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    Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has positions in and has recommended Bendigo And Adelaide Bank. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

  • Genesis Minerals signs key rail deals to unlock Tower Hill mine

    A young African mine worker is standing with a smile in front of a large haul dump truck wearing his personal protective wear.

    The Genesis Minerals Ltd (ASX: GEM) share price is in focus today as the company announced it has signed important rail agreements paving the way for development of the Tower Hill open pit gold mine, which holds a 1 million ounce Reserve and is targeting mine development by FY27.

    What did Genesis Minerals report?

    • Binding agreements signed with Public Transport Authority, Arc Infrastructure, and Aurizon to shorten Leonora rail line for Tower Hill development
    • Tower Hill Reserve of 1Moz at 2g/t, with an operating strip ratio of 9:1 (waste:ore)
    • FY26 rail project costs expected to total approximately A$27 million
    • Total cash and non-cash consideration for rail shortening expected at ~A$80 million, funded through cash flow and reserves
    • Market capitalisation at A$7.53 billion (share price A$6.28); cash and equivalents A$363 million; bank debt A$100 million (as at 30 September)

    What else do investors need to know?

    The shortening of the Leonora rail line is a significant milestone for Genesis, unlocking vital space for the expansion of the Leonora mill and enabling the full development of the Tower Hill open pit. The new rail agreements will also see construction of a replacement terminal southeast of Leonora, reducing rail and heavy vehicle traffic through town and improving safety for the community.

    Extensive drilling at Tower Hill has revealed multiple high-grade intercepts (over 200 gram-metres), and while the deposit has only been drilled to about 450 metres deep, an underground transition study is currently underway. Planning is advancing for early mine site works and infrastructure, with further updates expected in Genesis’ long-term plan due by June 2026.

    What did Genesis Minerals management say?

    Raleigh Finlayson, Managing Director said:

    These agreements will deliver immense benefits for all stakeholders. They are a testament to what can be achieved through strong partnerships and a shared vision… This will deliver significant benefits not only for Genesis with Tower Hill but also for the Leonora community. These include reducing heavy vehicle movements through the town, improving safety and helping to unlock the town centre. Earlier construction of the new rail terminal and resultant shortening of the railway line also opens up opportunities for an optimised, lower capital cost Leonora mill expansion project to be fast tracked in line with the timing of Tower Hill.

    What’s next for Genesis Minerals?

    Genesis plans to keep Tower Hill development progressing, with first ore targeted for FY28 and Stage 2 of mining expected about two years after Stage 1. The company is managing project costs through operating cash flows and reserves, while the earlier completion of the rail terminal could bring opportunities for optimising and accelerating the Leonora mill expansion.

    Operational readiness activities are well underway, including environmental management, road and infrastructure planning, and early site establishment. The company will provide further details in its upcoming updated long-term plan due in mid-2026.

    Genesis Minerals share price snapshot

    Over the past 12 months, the Genesis Minerals share price has risen 148%, outperforming the S&P/ASX 200 Index (ASX: XJO) which has risen 1% over the same period.

    View Original Announcement

    The post Genesis Minerals signs key rail deals to unlock Tower Hill mine appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Genesis Minerals Limited right now?

    Before you buy Genesis Minerals Limited shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Genesis Minerals Limited wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    * Returns as of 18 November 2025

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    Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

  • This 3.3% ASX dividend stock is my retirement safety net

    A woman wearing a red jumper leaps into the air with sky behind her and earth beneath her.

    I am, unfortunately (or perhaps fortunately, depending on your outlook), a long way off retirement, or at least the traditional retirement age. However, I am hoping that by investing in ASX dividend stocks, I can bring that date closer.

    One of the stocks I am using for this endeavour is the Vanguard Australian Shares Index ETF (ASX: VAS). I view this index fund as a valuable investment that will help me achieve an early retirement. But also as a safety net for my income once I have put away the writer’s pen for good.

    This exchange-traded fund (ETF) is structured in a way that gives me confidence that it will perform both of these functions admirably.

    How? Well, unlike most dividend stocks, this index fund is designed to ensure my capital is always invested in the best and most successful businesses on our stock market. Like most index funds, the Vanguard Australian Shares ETF tracks an underlying index that is weighted by market capitalisation.

    In its case, the index that it tracks, the ASX 300, holds the largest 300 stocks listed on our share market at any given time. That’s everything from Commonwealth Bank of Australia (ASX: CBA) and Telstra Group Ltd (ASX: TLS) to JB Hi-Fi Ltd (ASX: JBH) and Ampol Ltd (ASX: ALD).

    VAS has the ability to pass on any dividends received from this collection of Australian shares as well. This does vary from year to year. And from quarter to quarter. Its four most recent payouts give this index fund a decent trailing yield of about 3.3% (at current pricing).

    An ASX dividend stock to hold for decades

    However, the largest 300 stocks aren’t static. Share prices, and thus the valuations of public Australian companies, change daily while the market is open. One day, Westpac Banking Corp (ASX: WBC) might be more valuable than National Australia Bank Ltd (ASX: NAB). The next day, investors might decide that NAB is worthy of a higher market cap.

    To reflect these changes and ensure that the index fund always reflects the current state of affairs, the Vanguard  Australian Shares ETF readjusts its holdings every three months. This is what’s known as a ‘rebalancing’. As such, the more successful companies are added over time. The ones that fall out of favour with the market are pruned. Some are even given the boot entirely and replaced with a new up-and-comer. This all occurs without the investor, myself, having to lift a finger or expend any mental energy whatsoever.

    The nature of this index fund means that VAS will consistently deliver the ‘average’ return of the sharemarket to my portfolio. Whatever that may be. Historically, this has come in at around 9.4% per annum.

    By holding onto this fund, I am confident that it will continue to build my wealth and ensure a comfortable retirement when the time comes.

    The post This 3.3% ASX dividend stock is my retirement safety net appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Vanguard Australian Shares Index ETF right now?

    Before you buy Vanguard Australian Shares Index ETF shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Vanguard Australian Shares Index ETF wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    * Returns as of 18 November 2025

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    Motley Fool contributor Sebastian Bowen has positions in National Australia Bank and Vanguard Australian Shares Index ETF. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has positions in and has recommended Telstra Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

  • Sean Duffy says people can make air travel better for the holidays if they don’t wear PJs

    Secretary of Transportation Sean Duffy speaks at a press conference alongside Rep. Tom Emmer of Minnesota.
    Transportation Secretary Sean Duffy said some air traffic controllers who called in sick during the shutdown may face action.

    • Transportation Secretary Sean Duffy says people need to be more civilized while flying.
    • That means dressing better and being nicer at the airport over the holiday season, Duffy said.
    • Getting to the airport in a "good mood" will make the experience better for fliers and staff alike, he said.

    Transportation Secretary Sean Duffy says he wants to improve holiday travel, and people can help by dressing up and being courteous.

    Duffy spoke to Fox Business on Wednesday about the importance of good behavior.

    "Donald Trump talks about the golden age of transportation, the golden age of America. But the golden age in transportation truly begins with you, the traveler," Duffy said.

    "If you just watch social media, you have brawls at the baggage claim, you have passengers berating gate agents," Duffy said. "We have unruly passengers on airplanes. People dress up like they're going to bed when they fly."

    Duffy added that some people are "having a hard time" fitting heavy luggage into the overhead bins. Checked bag fees start at $35 for most major US airlines, which motivates some travelers to maximize their carry-on capacity.

    "And so we want to push people, as we come into a really busy travel season: Help people out, be in a good mood, dress up, bring civility back to travel," he said.

    Airlines' clothing policies vary. Earlier this year, Spirit Airlines updated its rules for travelers' clothing, saying passengers could be barred from boarding if they are "inadequately clothed," including if they are barefoot.

    The US is hurtling toward a peak travel season as people rush to get home for Thanksgiving. After the government shutdown, airlines have been cleared to ramp flights up to their pre-shutdown frequency.

    Duffy's comments also come at a time when in-flight incidents are reaching a new high.

    According to November 19 statistics from the DOT, the FAA has seen a 400% increase in "in-flight outbursts" since 2019, which the department defines as "ranging from disruptive behavior to outright violence."

    Read the original article on Business Insider