Airbnb said late Tuesday that revenue in the third quarter rose 29% from the year-ago quarter, to $2.9 billion, as demand for booking on the platform remained strong and new hosts increasingly turned to Airbnb to supplement their income amidst the economic downturn. The home rental company also posted its highest net income in a single quarter, totaling $1.2 billion, up 46% from the same period...
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media/telecom
Iger’s Disney Fix-It Plan Has Something for Everyone

Bob Iger really should have run for president, as he once considered doing. His political instinct is unmatched, at least among CEOs. On Wednesday, in his first quarterly earnings call since returning to the top job at Disney, Iger offered something for everyone. A return of the dividend! Layoffs! Creative executives get their power back! Traditional TV is still important, Iger reminded...
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