Booking Holding’s CEO Glenn Fogel told CNBC’s Monica Pitrelli that he isn’t against regulations, like the European Union’s Digital Markets Act, but that he wants “rules to apply to everybody equally.”
‘I don’t think that was the right decision.’ Booking Holdings CEO on being labeled a ‘gatekeeper’ under EU law
Travel
Trip.com shares plunge more than 20% as China opens antitrust probe into company
Signage at the Trip.com Group Ltd. headquarters building in Shanghai, China, on Monday, Aug. 28, 2023. Bloomberg | Bloomberg | Getty Images Shares of Chinese online travel services provider Trip.com plunged nearly 22% in Hong Kong on Thursday after Beijing opened an antitrust probe into the company. China’s State Administration for Market Regulation late Wednesday said […]
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Travel
Trip.com shares plunge more than 20% as China opens antitrust probe into company
Signage at the Trip.com Group Ltd. headquarters building in Shanghai, China, on Monday, Aug. 28, 2023. Bloomberg | Bloomberg | Getty Images Shares of Chinese online travel services provider Trip.com plunged nearly 22% in Hong Kong on Thursday after Beijing opened an antitrust probe into the company. China’s State Administration for Market Regulation late Wednesday said […]
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Travel
Airbnb CEO Brian Chesky on new CTO: We have an opportunity to do AI right for travel and e-commerce
Airbnb CEO Brian Chesky joins ‘Squawk Box’ to discuss the hiring of Meta’s former head of GenAI, Ahmad Al-Dahle, as its new Chief Technology Officer, how the move came about, what it means for the company’s AI ambitions, his thoughts on the CA wealth tax, and more. Source
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