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Airbnb's revenue reportedly plunged 67% in the second quarter as COVID-19 wreaks havoc on its business
Airbnb's revenue plummeted 67% in the second quarter compared to the same period last year, according to Bloomberg. The steep drop-off is a reflection of the impact of COVID-19, which has restricted...
Airbnb is suing a guest who threw a party after 3 people were injured in a shooting at the short-term rental
Airbnb says it will pursue legal claims and damages against a guest who threw a party at a Sacramento rental Saturday where three people were shot and injured. Airbnb says the guest booked the short...
Just Eat Takeaway Profits Soar With Pandemic Lockdowns
Just Eat Takeaway.com, the European food-ordering firm, reported increased revenue and profits for the first half of the year as the COVID-19 pandemic boosted online orders, Reuters reported. Adjusted...
The 24 power players using TikTok to transform the music industry, from marketers and record execs to artists
TikTok has transformed the music industry in recent months as tracks that go viral on the app have taken over the Billboard 100 and Spotify Viral 50 charts. TikTok's music-friendly interface and its...
What Uber And Lyft’s Court Loss Means For The Gig Economy’s Future
A California judge this week ordered Uber and Lyft to stop classifying their workers as independent contractors and start classifying them as employees, an order the two firms have 10 days to comply ...
Meet the 7 WarnerMedia execs who gained power during its massive leadership shakeup and business restructuring (T)
WarnerMedia's new CEO Jason Kilar announced a major restructuring of the AT&T-owned media company last week. He consolidated operations across the sprawling media empire, while dismissing three key ...
Why Are There Currently No Ads On Techdirt? Apparently Google Thinks We're Dangerous
You probably didn't notice it, but there are currently no third-party ads on Techdirt. We pulled them down late last we...
AI startup Gong is now worth $2.2 billion following a new $200 million venture investment
San Francisco software startup Gong is now worth $2.2 billion following a $200 million Series D, the company said. Gong sells what it calls "revenue intelligence" software, which analyzes customer d...
Tim Cook has 2 trillion reasons to smile (AAPL)
Hello and welcome to Trending, Business Insider's weekly look at the world of tech. I'm Alexei Oreskovic, Business Insider's West Coast Bureau Chief and Global Tech Editor. Let's see how far we can ge...
A fintech that helps Twitch, Showtime, and CBS manage their subscriptions is eyeing international growth after nabbing a big investment from Accel-KKR
Private-equity firm Accel-KKR just bought a majority stake in Recurly, a subscription payments company that helps brands like CBS, Showtime, and Twitch manage their revenues. The subscription econom...
Newswire > Tag: revenue
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