Eastman Kodak has refuted media reports suggesting the company is shutting down due to financial difficulties.

Recent reports highlighted Kodak's financial challenges and concerns about meeting debt obligations.

Kodak issued a press release stating it has no plans to cease operations or file for bankruptcy.

The company plans to repay, extend, or refinance its debt and expects a stronger balance sheet next year.

Kodak intends to use $300 million from its pension plan termination to address a portion of its $477 million term debt.

Despite past financial struggles, including a 2012 bankruptcy, Kodak aims to navigate its current challenges.

Airbnb has launched a 'Reserve Now, Pay Later' feature in the U.S., enabling users to book properties with flexible or moderate cancellation policies without immediate payment.

This allows cancellations with less hassle if plans change, provided the full amount is paid before the free cancellation period ends (24 hours or five days before check-in, depending on the policy).

The company previously introduced 'Pay part now, part later' and partnered with Klarna for installment payments.

A survey indicated that 55% of users prefer flexible payment options, and 42% have missed out on properties due to payment logistics.

Airbnb has launched a new 'Reserve Now, Pay Later' feature in the U.S., allowing users to book properties without upfront payment.

This feature applies to listings with 'flexible' or 'moderate' cancellation policies, offering cancellations up to 24 hours or five days before check-in, respectively.

Users must pay the full amount before the free cancellation period ends, with Airbnb sending reminders before the deadline.

This move follows Airbnb's previous experiments with flexible payment options, including partial payments and a partnership with Klarna for installment payments.

A survey indicated that 55% of users prefer flexible payment options, and 42% have missed out on properties due to payment logistics.

Rapido, an Indian ride-hailing platform, has initiated beta testing of its food delivery service in Bengaluru under the subsidiary Ownly, challenging Swiggy and Zomato.

Ownly offers food at around 15% lower prices by charging restaurants a fixed fee per order instead of commissions.

Swiggy is reevaluating its 12% stake in Rapido due to potential conflicts of interest. Rapido has a fleet of 10 million vehicles and will leverage data from its Swiggy partnership to optimize its food delivery service.

The Indian online food delivery market is projected to reach $23 billion by 2030, with Zomato currently leading with a 58% market share and Swiggy holding 42%.