LinkedIn: All work — and some play
LinkedIn is lightening up. The staid business networking site known for job searches, company news, professional advice and building connections with colleagues is adding “three thinking-oriented games” to the mix.
LinkedIn says the games — Pinpoint, Queens and Crossclimb — help users “exercise their brains while taking a quick break.” LinkedIn says the games can also spark conversations and forge relationships with others on the site. The games can be played only once a day, so after you play, it’s back to work.
Adding games to online news sites to keep users engaged is becoming common. The New York Times has had great success with its online Wordle games. And Newsday offers several online games, including the venerable Stan Newman’s Daily Crossword Puzzle, at newsday.com/games.
Boomers spur bust in home sales
OK boomer, you’re partially to blame for Gen Z’s and millennials’ home-hunting woes. A report from online real estate brokerage Redfin found boomers are “contributing to the inventory shortage and rising home prices” because the majority own their homes free and clear with no mortgage and no intention of selling. On Long Island, for example, the number of homes listed for sale in March was the lowest on record.
Malls make ‘big comeback’
Despite the growth in online shopping, malls have seen a “resurgence and reinvigoration,” according to the owner of Roosevelt Field, Walt Whitman Shops and Smith Haven Mall. Simon Property Group CEO David Simon said malls in the Northeast and California have “made a big comeback” spurred partly by free-spending tourists, and “physical stores are where it's happening.” Simon Property is the largest owner of U.S. malls with nearly 200 shopping centers.
Wheeling and dealing
Peloton Interactive announced a deal to outfit Hyatt Hotels properties with its equipment, marking the latest attempt to revive growth at the struggling fitness company. More than 800 Hyatt locations will get Peloton bikes as part of the agreement. Peloton shares have lost more than 90% of their value since the early days of the COVID pandemic, when the company’s bikes were in hot demand. — BLOOMBERG NEWS