Airbnb is pulling out of China, the latest western firm to reconsider its commitment to China amid stringent Covid-19 lockdowns that have depressed the economy, CNBC reported. The travel lodging booking firm had been struggling to grow market share against local rivals even before the impact of Covid-19. Stays in China properties accounted for about 1% of Airbnb revenue, the report said. ...
Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
The Briefing Enterprise Amazon
Roe Ruling’s Repercussions for Tech; Zendesk’s Fit of Pique
What a week! Tech business news has been relatively scarce in recent days—but today’s Supreme Court decision overturning Roe v. Wade will have repercussions for all businesses. For the tech industry, which has been spreading outside the San Francisco Bay Area and New York for the past couple of years as remote work has become widely available, the ruling makes operating in states with abortion...
Congressional Report Says Robinhood Understated Liquidity Problems During Meme Stock Craze
Zendesk Agrees to $10.2 billion Buyout Months After Rejecting Higher Bid
Meta Plans To Shut Down CrowdTangle Tool
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.
Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.
Recent Popular Stories
Social Studies Startups
So Your Startup Died. What Do You Do With All That Swag?