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Airbnb Board Approves Share Split Ahead of IPO

Oct.26 — Airbnb Inc. is splitting its privately held shares ahead of a planned initial public offering. Bloomberg’s Katie Roof report son “Bloomberg Technology.”

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Oct.26 — Airbnb Inc. is splitting its privately held shares ahead of a planned initial public offering. Bloomberg’s Katie Roof report son “Bloomberg Technology.”

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8 Comments

8 Comments

  1. Jackson McNeil

    October 26, 2020 at 10:10 pm

    Lol desperate attempt to stay afloat and survive. Not profitable at all.

    • Isaac Fung

      October 26, 2020 at 10:49 pm

      They were pre pandemic

    • Jackson McNeil

      October 26, 2020 at 10:54 pm

      @Isaac Fung Yup!

    • CaptainDunzo

      October 27, 2020 at 1:22 am

      They are profitable in Q3 and are staying afloat with cash on hand

    • CaptainDunzo

      October 27, 2020 at 1:22 am

      @Isaac Fung They are profitable in Q3 and are staying afloat with cash on hand

  2. CaliforniaMISC

    October 26, 2020 at 10:15 pm

    shares will go down Covid numbers are not good

    • CaptainDunzo

      October 27, 2020 at 1:22 am

      In Q3 they hit profitability even with Covid Numbers hitting the high that they are.

    • CaliforniaMISC

      October 27, 2020 at 1:28 am

      @CaptainDunzo idk business was 60% it is significant drop, in Hollywood where i live we have too many available and price have dropped

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Bloomberg Technology

Bloomberg Technology 03/27/2024

“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Caroline Hyde in New York and Ed Ludlow from San Francisco.

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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Caroline Hyde in New York and Ed Ludlow from San Francisco.

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Bloomberg Technology

Databricks Doubles Down on AI Efforts to Take on Rivals

Databricks is launching its own large language model, DBRX, in an effort to help organizations understand and use their own private data to build their own AI systems. CEO and co-founder, Ali Ghodsi, says AI has driven more competition in the industry, including with it’s rival Snowflake. Ghodsi speaks with Ed Ludlow on “Bloomberg Technology.”

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Databricks is launching its own large language model, DBRX, in an effort to help organizations understand and use their own private data to build their own AI systems. CEO and co-founder, Ali Ghodsi, says AI has driven more competition in the industry, including with it’s rival Snowflake. Ghodsi speaks with Ed Ludlow on “Bloomberg Technology.”

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Bloomberg Technology

Operating Margins Driving Tech Earnings Recovery: Chisholm

Denise Chisholm, director of Quantitative Market Strategy at Fidelity Investments, discusses her outlook for the technology sector. She speaks with Ed Ludlow on “Bloomberg Technology.”

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Denise Chisholm, director of Quantitative Market Strategy at Fidelity Investments, discusses her outlook for the technology sector. She speaks with Ed Ludlow on “Bloomberg Technology.”

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