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Paris introduces rent controls to cap rises

Monday, July 1, 2019, 8:08 PM

Paris authorities reintroduced rent controls on Monday in a bid to get a grip on the spiralling cost of living in the City of Light. Real estate prices have surged in the French capital, mirroring spurts in other major European cities due to historic low interest rates, buoyant economic growth and the impact of holiday renting website Airbnb, experts say.
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Airbnb poaches another Amazon exec to be its CFO

Tuesday, November 27, 2018, 7:49 AM

Airbnb Inc. hired a longtime Amazon.com Inc. executive to fill its chief financial officer position, a post that's been vacant most of this year and will be key in preparations for the startup's anticipated initial public offering. Airbnb has been without a CFO since February, when Laurence Tosi departed amid tensions and a shakeup in the senior ranks.
 
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Airbnb wants to give its hosts equity in its business

Monday, September 24, 2018, 1:12 PM

Airbnb is planning to give equity stake to its hosts on the platform and has asked the US Securities and Exchange Commission (SEC) to make it legal. "Airbnb believes that twenty-first-century companies are most successful when the interests of all stakeholders are aligned," the company said. Currently, private companies like Airbnb can only give equity to investors and employees.

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