Month: May 2025
Airbnb CEO Brian Chesky on AI: The future is going to be more complex, not simpler
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Airbnb CEO Brian Chesky joins ‘Squawk Box’ to discuss the launch of its redesigned app, the debut of services and experiences within the app, the company’s remote work policy, state of the consumer, New York City’s crackdown on the company, what led […]
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Stocks making the biggest moves premarket: Nvidia, Super Micro, American Eagle Outfitters, UnitedHealth and more
Check out the companies making headlines before the bell. American Eagle Outfitters — The retailer tumbled 11% in early trading. American Eagle on Tuesday withdrew its 2025 guidance “due to macro uncertainty.” The company, faced with slow sales and steep discounting, also took $75 million in write-offs related to spring and summer merchandise. Super Micro […]
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Databricks is buying database startup Neon for about $1 billion
Databricks co-founder and CEO Ali Ghodsi. Databricks Data analytics startup Databricks said Wednesday that it’s buying Neon, a cloud-based database software vendor, for about $1 billion. It’s the latest big deal for Databricks, which bought artificial intelligence model training startup MosaicML for $1.3 billion in 2023 and paid over $1 billion last year for data […]
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Airbnb CEO Brian Chesky: Still seeing consumers spend a lot of money despite concerns over economy
Airbnb CEO Brian Chesky joins ‘Squawk Box’ to discuss the launch of its redesigned app, the debut of services and experiences within the app, the company’s remote work policy, state of the consumer, New York City’s crackdown on the company, and more. Source
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Airbnb CEO Brian Chesky on new ‘everything app’: Today is just the beginning of a new chapter
Airbnb CEO Brian Chesky joins ‘Squawk Box’ to discuss the launch of its redesigned app, the debut of services and experiences within the app, the company’s remote work policy, and more. Source
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Mortgage demand from homebuyers continues to recover, even with higher interest rates
A For Sale sign sits in front of a home on May 12, 2025 in Miami, Florida. Joe Raedle | Getty Images Mortgage demand from homebuyers rose for the second straight week, suggesting that potential buyers are now more enticed by the increasing supply of houses for sale than they are dissuaded by recent economic […]
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Minerals for muscle? Why Trump’s Ukraine resources deal could be a sign of things to come
An employee works at a pink salt production site on Lake Sasyk-Sivash near Yevpatoria, on September 21, 2023. Stringer | Afp | Getty Images A landmark resources deal between the U.S. and Ukraine is expected to lay the ground for further so-called “minerals for muscle” agreements. Washington and Kyiv signed a highly anticipated minerals deal […]
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AI research takes a backseat to profits as Silicon Valley prioritizes products over safety, experts say
Sam Altman, co-founder and CEO of OpenAI and co-founder of Tools for Humanity, participates remotely in a discussion on the sidelines of the IMF/World Bank Spring Meetings in Washington, D.C., April 24, 2025. Brendan Smialowski | AFP | Getty Images Not long ago, Silicon Valley was where the world’s leading artificial intelligence experts went to […]
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Perplexity partners with PayPal for in-chat shopping as AI race heats up
Perplexity is extending its bet on chat-powered shopping, aiming to stand out in the crowded generative artificial intelligence market against OpenAI, Anthropic, and Google. The company said on Wednesday that it’s partnering with PayPal to let users make purchases directly in chat. U.S. customers will soon be able to book travel, buy products, and secure […]
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Baidu’s robotaxi unit plans Europe expansion
More than 70% of Baidu Apollo Go robotaxi rides in Wuhan were fully driverless as of April, and the company said in May it expected 100% of the rides to be completely autonomous in coming quarters. Bloomberg | Bloomberg | Getty Images BEIJING — Chinese tech company Baidu‘s Apollo Go robotaxi business plans to expand […]
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