Business

Airbnb Sure Is Going Public – Gizmodo
Business

Airbnb Sure Is Going Public – Gizmodo

Photo: Justin Sullivan (Getty)Airbnb announced that it expects to become a publicly traded company next year, in a press release made in accordance with Rule 135 of the Securities Act of 1933. How do we know this? A company blog post entitled “Airbnb Announces Intention to Become a Publicly-Traded Company During 2020″ explains:Airbnb, Inc. announced…

Walgreens to check drone supply carrier with FedEx and Alphabet’s Flit – CNBC
Business

Walgreens to check drone supply carrier with FedEx and Alphabet’s Flit – CNBC

A pedestrian passes in front of a Walgreens Boots Alliance Inc. store in the Hollywood neighborhood of Los Angeles, California.Christopher Lee | Bloomberg | Getty ImagesWalgreens is testing a new on-demand delivery service with Alphabet’s drone delivery service Wing, beginning next month, the companies announced Thursday.The pilot program will deliver food and beverage, over-the-counter medications…

Fintech Firm Stripe Joins Silicon Valley Elite With $35 Billion Valuation – The Wall Road Journal
Business

Fintech Firm Stripe Joins Silicon Valley Elite With $35 Billion Valuation – The Wall Road Journal

Stripe Inc. climbed closer to the top ranks of the highest-priced U.S. startups after a new fundraising round valued the financial-technology company at $35 billion. Venture-capital firms Sequoia Capital, General Catalyst and Andreessen Horowitz were among the investors behind the $250 million investment, the company said Thursday. The $35 billion valuation, up about 50% from…

Airbnb publicizes thought to scuttle public ‘right thru 2020’ in IPO – Industry Insider
Business

Airbnb publicizes thought to scuttle public ‘right thru 2020’ in IPO – Industry Insider

Airbnb on Thursday announced it plans to go public in 2020. The startup did not specify a timeline beyond “during 2020.” Airbnb has not clarified whether it has confidentially filed its S-1 IPO paperwork, which would include basic financial information for potential investors to consider. An Airbnb spokesperson declined to comment when asked whether the…

Some UAW workers in GM strike arrested, as level of curiosity remains on Mexico – Fox Industry
Business

Some UAW workers in GM strike arrested, as level of curiosity remains on Mexico – Fox Industry

The United Auto Workers strike against General Motors stretched into its fourth day on Thursday as negotiations continued, with Mexican manufacturing appearing to still be a sticking point on the union side.The arrest of seven to nine union protesters at GM’s Spring Hill, Tennessee plant on Wednesday also made headlines. Local UAW Chairman Mike Herron said authorities asked the protesters multiple times to get out…


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