Airbnb co-founder: We’ve learned to avoid a ‘confrontational kind of stance’ with regulators

With fellow “sharing economy” company Uber under fire, Airbnb co-founder Nathan Blecharczyk said his company is trying to maintain positive relationships with regulators. When asked if he was following the management mishaps at Uber, Blecharczyk noted that Airbnb has “very good partnerships” with lots of cities. “I think we’ve always thought that it’s important to […]


Hertz shares plunge 18% after first-quarter loss nearly doubles Wall Street estimate

Hertz Global stock tumbled Tuesday, a day after the car rental company reported a bigger-than-expected earnings loss and revenue that fell below analysts’ estimates. Lower rental prices and lower resale value for its used vehicles crimped the earnings report. Shares of the stock closed down more than 14 percent during Tuesday, as investors digested the […]


“Aibiying”: Airbnb is trying to win China

“Welcome each other with love” — “Aibiying” — is a new message Airbnb hopes Chinese consumers are ready to hear. The home-sharing service announced plans Wednesday to change its brand to “Aibiying” in China, and said it will introduce its Trips platform, which helps visitors find interesting experiences, in Shanghai. More than 80 percent of […]