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AIRBNB EARNINGS CALL
Airbnb says AI now pens 60% of its code as tech firms trim teamsAirbnb's CEO revealed that nearly 60% of code was AI-generated last quarter, accelerating feature development and improving API partner too...- IRS 1099-K rule change: Higher $20,000 limit brings relief for gig workers and online sellersThe new 1099-K tax rule brings relief for small sellers and gig workers using apps like PayPal, Venmo, and Cash App. The higher reporting l...
- After Twitter, is Elon Musk buying the ride-share app Uber? Here's what the Tesla CEO saysElon Musk envisions a future where Tesla doesn't need Uber, as Tesla is developing a superior autonomous ride-hailing service. Tesla owners...
- ‘India is a long game; over time, it will become one of the biggest markets for us,’ says Airbnb CEO Brian CheskyAirbnb is heavily investing in India, anticipating significant growth driven by Gen Z and millennial travelers. While not yet a top market,...
- PayPal stock tumbled despite strong earnings; know whyPayPal Holdings' earnings in the fourth quarter jumped by 5% to $1.19 per share on an adjusted basis and its total revenue increased by 4% ...
- Elon Musk explains how Tesla's robotaxi will workTesla CEO Elon Musk said the company is gearing up to start its unsupervised full self-driving as a "paid service" in Austin, Texas, in Jun...
- LinkedIn founder feels that 9-to-5 jobs will become a relic of the past by 2034!Will the often-dreaded but essential nine-to-five jobs become obsolete in the next decade? Reid Hoffman, LinkedIn co-founder, certainly thi...
- Airbnb sees Q1 revenue above Street estimates on strong international travelThe San Francisco-based company expects revenue between $2.03 and $2.07 billion, compared with the average LSEG estimate of $2.03 billion.
- Welcome to Hochatown, the town created by AirbnbBefore the pandemic, Hochatown had roughly 400 cabins for rent on Airbnb. There are now more than 2,400 -- a staggering 413% increase in fi...
- Once an evangelist for Airbnbs, she now crusades for affordable housingFor Price, 27, and other young entrepreneurs of color, online short-term rental platforms like Airbnb and Vrbo represented a path to buildi...
- Airbnb posts $117 million profit, but 2Q outlook disappointsAirbnb reported a $117m profit in Q1 as revenue increased by 20% to $1.82bn. However, while the figures beat analysts’ forecasts, shares in...
- Online hospitality major Airbnb lays off 30% of recruiting staffDuring the company's quarterly earnings call last month, chief financial officer Dave Stephenson said it is going to hire more people.
- Earn by ‘hosting’ via Airbnb: 15 ways to increase your rental rateProfit from the unused space in your house by renting it out for short-term stays to travellers.
- Airbnb hosts are sick of Airbnb, tooAirbnb hosts have become increasingly disillusioned with the platform and its disrespectful guests.
- Airbnb sees strong first-quarter revenue on travel demand, longer staysStrong demand helped push up prices charged by hosts, with average daily rates during the fourth quarter up 20% at $154. The company expect...
- Airbnb’s $3.1 billion IPO hinges on hosts who make rentals feel like homeAirbnb said the site will lose some of what makes it unique and sets it apart from hotel chains. As of the end of last year, Airbnb said on...
- Uber and Airbnb lobby for gig worker bailoutUber has lost about 20% of its market value since the end of trading on on Feb. 26, and Airbnb’s board considered revising its plan to go p...
- Airbnb’s path to 2020 stock listing imperiled by CoronavirusSome investors, including a handful of Airbnb backers and would-be buyers of the shares on the public markets, are concerned that the virus...
- ET GBS 2019: Emerging markets driving growth in global tourismThe world’s fastest-growing tourism destinations are almost entirely located in emerging markets.
- Being a part of the 'sharing economy'Sharing-economy flag-bearers like Uber, Airbnb andHomejoy give people easy, cheap access to products and services that would otherwise go u...
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