Airbnb shares more than double in price in long-awaited IPO
Airbnb wants to add more hosts and properties, expand in markets like India, China and Latin America and attract new guests. First, it will need
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Nokia profit up, new CEO pledges to boost 5G investments
New CEO says Nokia will do “whatever it takes” to achieve 5G leadership; plans reorganization of company into four business units.
U.S. Justice Department files landmark antitrust case against Google
Google responded immediately, saying “People use Google because they choose to — not because they’re forced to or because they can’t find alternatives.”
Big Tech CEOs face congressional heat on competition
Facebook’s Mark Zuckerberg, Amazon’s Jeff Bezos, Sundar Pichai of Google and Tim Cook of Apple are answering for their companies’ practices before Congress.
Virus upends tourism marketing, sparks idea of ‘safecations’
The coronavirus has upended the way cities and states market themselves as summer travel destinations, and some tourism officials are just emerging from an especially
Airbnb introduces new rules to rein in parties, nuisances
Airbnb is taking more steps to crack down on parties and nuisance guests as the City of Ottawa tightens regulations on homes listed locally on
Marriott banning little shampoo bottles by 2020
It could be lights out for tiny toiletries. Marriott International, the world’s largest hotel chain, said Wednesday it will eliminate small plastic bottles of shampoo, conditioner and
Amazon’s spending on quick delivery is squeezing its profits
Spending on next-day Prime delivery is ‘a necessary strategy to compete with brick-and-mortar’s speed advantage to the customer,’ analyst says.
FTC fines Facebook $5B, pins privacy onus on Zuckerberg
Federal regulators have fined Facebook $5 billion for privacy violations and are instituting new oversight and restrictions on its business
Icelandic budget airline WOW Air ceases operations
Icelandic budget airline WOW Air ceased operations on Thursday, stranding passengers across two continents. In a statement on its website the airline, which had earlier
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