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Airbnb hits profitability as it sets up for possible IPO, report says

Airbnb’s head of global policy, Chris Lehane, told reporters in November that Airbnb would be profitable in 2017 (minus a few key expenses). Now a new report says Airbnb has cleared the profitability hurdle—and by a decent margin. The home-sharing company has hit “$100 million in cash-flow profitability,” according to Recode‘s sources. Airbnb is also … Continue reading “Airbnb hits profitability as it sets up for possible IPO, report says”

Airbnb hits profitability as it sets up for possible IPO, report says
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Facebook finally appoints a non-white board member: AmEx CEO Kenneth Chenault

Back in October, Facebook COO Sheryl Sandberg met with the Congressional Black Caucus and promised Facebook would appoint a black member to its unfailingly white board in the “very near future.” That day is finally here: After 14 years, Mark Zuckerberg revealed earlier that Kenneth Chenault, the soon-to-be-former American Express CEO, is joining Facebook’s board. … Continue reading “Facebook finally appoints a non-white board member: AmEx CEO Kenneth Chenault”

Facebook finally appoints a non-white board member: AmEx CEO Kenneth Chenault
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