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The former chief trust officer of Airbnb was so concerned about how much user data the internet behemoth was sharing with China, he resigned from his post last year after just six months on the
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Airbnb filed for its long-awaited initial public offering revealing widening losses and falling revenue as the pandemic has kneecapped the travel industry.
In a so-called S-1 securities filing on
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Airbnb plans to make its IPO registration public next week, putting it on course for a New York stock market debut in December even as the COVID-19 pandemic intensifies, two people familiar with the
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Calling all cool cats! Will Smith has listed the iconic “Fresh Prince of Bel-Air” mansion on Airbnb for the first time ever — and is offering fans the chance to chill out, max, relax all cool for only $30 a night. “Ready for the freshest staycation ever? If this place looks familiar that’s because it’s …
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Billionaire activist hedge manager Bill Ackman has offered to take Airbnb public through his $4 billion blank-check company, but the company’s CEO Brian Chesky is reportedly holding out for a more traditional IPO process. Chesky hasn’t completely ruled out a merger with Ackman’s Pershing Square Tontine Holdings, but no further discussions are underway, Bloomberg reported …
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Airbnb said Wednesday its employees could choose to work remotely through the end of August 2021, even if some of its offices reopened as COVID-19 restrictions ease. The company said it would provide a $300 stipend for home office equipment, with an additional $200 to cover ergonomic equipment. Airbnb said its employees will also have …
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Short-term home rental company Airbnb on Thursday announced a global party ban at its listings amid the coronavirus pandemic. Gatherings at Airbnb rentals will also be capped at 16 as part of a new policy to promote a safer environment, the company said. “This party ban applies to all future bookings on Airbnb and it …
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Short-term home rental company Airbnb on Wednesday confidentially filed for an initial public offering with the Securities and Exchange Commission, setting the stage for one of the marquee stock market debuts of the year. The number of shares to be offered and the price range for the IPO have not yet been determined, the company …
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Home rental company Airbnb is reportedly planning to file confidentially for an IPO later this month. The filing would see Airbnb trading on public markets before the end of the year, according to the Wall Street Journal. It arrives as its core home rental business has been pummeled by the coronavirus pandemic, with travelers canceling …
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Airbnb is reportedly laying off nearly 2,000 employees due to the coronavirus pandemic — effectively slashing its headcount by 25 percent. The 1,900 workers axed by the home-sharing startup will receive a four-month pay package, as well as accelerated equity vesting and health insurance for a year, sources familiar with the matter told Reuters. CEO Brian …
The former chief trust officer of Airbnb was so concerned about how much user data the internet behemoth was sharing with China, he resigned from his post last year after just six months on the
