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InterviewAirbnb Inc
Airbnb boss lays foundation for longer-term rentals
...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...
October 4, 2023
Plaid Inc.
US fintech Plaid hires first chief financial officer on road to potential IPO
...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...
October 18, 2023
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
Bird Rides Inc
Electric scooter rental pioneer Bird files for bankruptcy
...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...
December 20, 2023
Airbnb Inc
French mayors take on Airbnb amid a housing squeeze
...“Butchers and bakeries are being replaced by Airbnb concierge services,” he said....
January 27, 2024
Due Diligence
How buying Teslas hurt Hertz Premium content
...Diageo has appointed John Manzoni, the former head of the UK civil service, as chair from February next year. He will replace Javier Ferrán....
March 20, 2024
Uber Technologies Inc
Uber debuts $7bn share buyback as tech groups step up capital returns
..., such as bike and car rentals....
February 14, 2024
FT Live
Financial Advice Forum
Optimising client centric advice in uncertain times
Tuesday, 24 September8-14 Cooper's Row, London EC3N 2BQ, UK
Artificial intelligence
China offers AI computing ‘vouchers’ to its underpowered start-ups
...China has also been creating an alternative to Big Tech’s data centres and cloud services....
March 4, 2024
Unhedged
Everyone calm down about CPI Premium content
...local car services....
February 14, 2024
Due Diligence
Berkshire Hathaway after Charlie Munger Premium content
...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....
November 30, 2023
Berkshire Hathaway Inc
Buffett sounds wildfire alarm as utilities industry enters new era
...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....
March 1, 2024
Moral Money
Electric vehicle uptake faces major obstacles, despite rosy projections Premium content
...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....
September 15, 2023
ObituaryCharlie Munger
Charlie Munger, Berkshire Hathaway vice-chair, 1924-2023
...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...
November 28, 2023
Lee Jae-yong
Prosecutors seek 5 years for Samsung chief for alleged stock manipulation
...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...
November 17, 2023
LexTesla Inc
Tesla: fantasy supercomputer projections boost stock Premium content
...Office-rental company WeWork suggested $3tn. A TAM projection is no reason to invest in a stock....
September 12, 2023
FT SeriesExtreme renting
Extreme renting: Santorini’s teachers forced to rough it in Airbnb haven
...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....
August 24, 2023
FT Live
Infrastructure Investment in Latin America and the Caribbean
Identifying opportunities for investors and asset managers
Wednesday, 12 June237 Park Avenue, New York, NY, USA
News in-depthNikkei Asia
China property downturn spreads to trophy office buildings
...A version of this article was first published by Nikkei Asia on August 21. ©2023 Nikkei Inc. All rights reserved....
August 31, 2023
The Big Read
Can fast fashion kick its dirty habits?
...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. ...
August 27, 2023
Investments
Investors’ Chronicle: Greggs, Johnson Service Group, Hammerson
...Johnson Service Group, the textile rental and services specialist, has picked up the threads of its business after a few years of stagnation....
March 11, 2023
Netflix Inc
Netflix delays account sharing crackdown after ‘cancel reaction’
...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....
April 19, 2023
Fashion
On a mission to solve fashion’s environmental problem
...Its repair and upcycling services are designed to offer consumers a more sustainable garment with an extended lifecycle and low environmental impact....
November 21, 2022
The Weekend Essay
How will TV’s streaming wars end?
...“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....
October 7, 2023
Airbnb Inc
Airbnb makes renewed push to boost supply as rental rates soar
...Airbnb this week launched several service updates to further increase the number of available rooms and properties....
November 16, 2022
News in-depthNetflix Inc
Netflix’s Reed Hastings: the ‘system builder’ who brought revolution
...The 25-year-old company first tested movie downloads in 2000 when it explored alternatives to mailing out rental DVDs in red envelopes....
January 20, 2023
Patrick Jenkins
Why Visa and Mastercard have yet to face their Kodak moment
...But some core services already rely on crypto....
November 21, 2022
James Henderson
How many stocks should a portfolio hold?
...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....
September 14, 2022

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