Airbnb has lined up $1-billion in debt, adding to last week’s same-size haul and boosting a financial cushion it can use to grow and pay bills as the global coronavirus pandemic crushes demand for travel.
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Airbnb has rolled out a full refund policy for reservations across the globe, including South Africa, in light of the coronavirus pandemic.
Airbnb is to verify every listing on its platform, following a string of scams and a deadly shooting at a house party.
The bid to create a regulatory environment in which technology can thrive will be thwarted if regulators take the position that innovation is what happens outside parliament and not within it. By Gwen Ngwenya.
Airbnb’s Brian Chesky is trying to soothe the masses. The co-founder and CEO of the home-sharing website told employees on Thursday that it will pay them cash bonuses and is aiming to hold an IPO before late
Airbnb doubled net revenue in the third quarter and remains on a profitability streak, as the business builds toward an initial public offering expected next year, according to people familiar with its
The sharing economy has very quickly gained wide acceptance. Using apps like Uber and Airbnb is now mainstream. “Young people today are demanding access to goods over ownership of goods,” says Daniel Breier
People in the US, not just in the European Union, are finally getting worried about tech sector leaders’ market dominance and the political power it confers. Unfortunately, the solutions gaining traction are the kind of anti-monopoly
It is now highly likely that the European court of justice will later this year reject Uber’s fiction that it’s simply a marketplace that brings together drivers and riders by declaring it – gasp! – a taxi company. That
More than 120 companies, from Apple to Zynga, filed an impassioned legal brief condemning US President Donald Trump’s executive order on immigration, stepping up the industry’s growing opposition to the policy. The amicus brief was filed late