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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...- Airbnb stock surges on Q2 earnings blowout, $6B buyback reveal — travel rebounds post-Trump tariffs, but are profit margins at risk?Airbnb stock jumped after the company posted strong Q2 earnings, easily beating Wall Street estimates. Despite lingering pressure from Trum...
- Investment banker shares how the rich are using farmhouses to build tax-free wealth as the middle class chases affordable 2 BHKsWealthy Indians are increasingly investing in farmhouses, drawn by lifestyle benefits and significant tax advantages. Tax-free agricultural...
- Payments firm Payoneer to adopt localised approach for expanding user base in IndiaPayoneer is focusing on expanding its reach in India, leveraging global marketplace partnerships and a localized approach. The company aims...
- How did OpenAI CEO Sam Altman amass $2 billion in wealth? Here's what you should knowOpenAI CEO Sam Altman has amassed a huge wealth over a very short period of time after being the founder and CEO of OpenAI, the organizatio...
- Airbnb shares slide on lower revenue forecast despite a doubling of net incomeEarnings growth was partly driven by a shift in the Easter holiday, which came during the first quarter this year versus the second quarter...
- 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.
- ETtech Interview | India to be one of our biggest growth markets this decade: Airbnb CEO Brian CheskyIn an exclusive interview with ET, CEO and cofounder Brian Chesky spoke about India being one of the biggest growth markets of this decade,...
- 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.
- Exclusive: Airbnb saw 50% more bookings by Indians in Q3 2022, says cofounder Nathan Blecharczyk“India has been one of our most important and fastest-growing major geographies,” co-founder and chief strategy officer Nathan Blecharczyk ...
- Airbnb reports sunny summer as travel rebound persistsIn the third quarter, the home rental platform saw its net profit climb 46 percent year-over-year to $1.2 billion -- a result that would ha...
- Billionaire Yuri Milner renounces Russian citizenshipIn light of the war between Russia and Ukraine, wealthiest Russian in Silicon Valley Yuri Milner renounced his Russian citizenship.
- In the past year, 100,000 guests booked stays of three months or longer, says Airbnb CEO Brian CheskyBrian Chesky said that he too was going to start staying in an Airbnb accommodation. “Starting today, I'm living on Airbnb. I’ll be staying...
- Private equity behemoth TPG aims for over $9 bn valuation in US IPOTPG would raise about $877.6 million at the top end of the range. Its existing investors plan to sell roughly 5.59 million shares, the proc...
- People aren’t just travelling on Airbnb, they’re now living on Airbnb: CEO Brian CheskyAccording to Airbnb’s cofounder and chief executive Brian Chesky, the new travel and holiday trends born from the pandemic are likely to st...
- Airbnb valuation reaches $100 billion in trading debut surgeSan Francisco-based Airbnb’s fully diluted valuation is even higher, around $100 billion including employee stock options and restricted st...
- Airbnb reaches $47 billion value in above-range IPOAirbnb and its investors sold about 52 million shares Wednesday for $68 each after marketing them for $56 to $60 each.
- Airbnb set for huge day-one pop, value could top $100 billionThe stock will start trading Thursday, with early pricing indications climbing as high as $150 per share, way above the $68 IPO price.
- Airbnb aims for about $35 billion value in long-awaited IPOThe home-rental platform and some shareholders are offering 51.9 million shares at $44 to $50 apiece, San Francisco-based Airbnb said in a ...
- FM Nirmala Sitharaman sets Rs 15 lakh income cap to tax NRIsGovt has decided to tax only the income generated by NRIs from the biz in India, leaving their global incomes.
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