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...Chief executive Brian Chesky told the Financial Times that from next year the online rental company would “go a little bit beyond its core business”, including an expansion of its experiences and services...
...Hart, who during his time at Expedia worked on a number of acquisitions including of vacation rental service Vrbo and booking site Orbitz, declined to comment on any potential plans for a public offering...
...Creditors include dozens of cities across the US, as well as tech providers such as Amazon Web Services, fleet management software maker Zoba, data analytics company Palantir and Chinese scooter manufacturer...
...“Butchers and bakeries are being replaced by Airbnb concierge services,” he said....
...Diageo has appointed John Manzoni, the former head of the UK civil service, as chair from February next year. He will replace Javier Ferrán....
..., such as bike and car rentals....
...China has also been creating an alternative to Big Tech’s data centres and cloud services....
...local car services....
...Over more than four decades on Berkshire’s board, his work alongside chief executive Warren Buffett helped transform a struggling textile maker into one of the world’s most valuable companies....
...It is one of the reasons Berkshire has survived: the company’s name comes from the struggling textile mill Buffett took control of in 1965 that he ultimately shut down....
...Tucked in Brooklyn’s edgy East Williamsburg neighbourhood there is now a Rivian service centre. Across town, the electric-truck maker has opened a high-end showroom in New York’s Meatpacking District....
...The move, intended to resolve potential conflicts of interests, handed a 2 per cent stake in Berkshire to Munger; with it he became a central figure in a company that was quickly moving far beyond its textile...
...Prosecutors allege that Lee, who was vice-chair of Samsung Electronics in 2015, was among a group of executives who inflated the stock price of Cheil Industries, a textile company, and devalued Samsung C...
...Office-rental company WeWork suggested $3tn. A TAM projection is no reason to invest in a stock....
...Airbnb said its service accounted “for a small fraction of total visitors to Europe”, representing just 4 per cent of total travellers to Venice, for example....
...A version of this article was first published by Nikkei Asia on August 21. ©2023 Nikkei Inc. All rights reserved....
...This article has been updated to clarify that Higg Inc has rebranded as Worldly, not the Higg Index as incorrectly stated in a previous version. ...
...Johnson Service Group, the textile rental and services specialist, has picked up the threads of its business after a few years of stagnation....
...The company also announced that it would wind down its DVD rental programme in September after 25 years, marking the end of a service that was the core of Netflix’s business model when it was founded....
...Its repair and upcycling services are designed to offer consumers a more sustainable garment with an extended lifecycle and low environmental impact....
...“Before then, it was basically a digital DVD rental service.” It became clear in Hollywood boardrooms that Silicon Valley was making a play for its business....
...Airbnb this week launched several service updates to further increase the number of available rooms and properties....
...The 25-year-old company first tested movie downloads in 2000 when it explored alternatives to mailing out rental DVDs in red envelopes....
...But some core services already rely on crypto....
...The focus of the business shifted to textile rental — table linen, towels and bedding, as well as workwear for various industries. It has been a good recovery story....
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