Tuesday, May 5, 2020

Airbnb cuts 1,900 jobs as Covid-19 hits home rentals

The laid off employees in the United States will get 14 weeks of base pay plus one additional week for every year at Airbnb https://ift.tt/2ywo8FN https://ift.tt/eA8V8J

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Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part due to investments, as it seeks to monetize AI (Luz Ding/Bloomberg)

Luz Ding / Bloomberg : Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part du...