| Mobile Web

All articles List

Games & Commerce

Airbnb adds hotels and rental cars, says it could become the Amazon of travel

Airbnb is expanding beyond its lodging-focused business by adding hotels, rental cars, grocery delivery and luggage storage to its app. CNBC reported that the company has brought independent hotels onto the platform and has begun supporting boutique hotel bookings. CEO Brian Chesky said Airbnb could eventually become a platform spanning travel and everyday life, with dozens or even hundreds of categories. The company offers up to 15 percent in platform credits for boutique hotel bookings.

AI & Enterprise

Intuit to cut 17 percent of full-time staff as growth slows

Tax and accounting software company Intuit will cut 17 percent of its full-time staff, CNBC reported on May 20. The restructuring will affect more than 3,000 people, and the company’s shares fell 11 percent in after-hours trading after the announcement. Intuit said the layoffs will result in charges of $300 million to $340 million, most of which will be recorded in the current quarter. CEO Sasan Goodarzi said the move aims to build growth drivers and create a faster-moving organization.