It was a busy day for Airbnb’s policy team—with mixed results. Los Angeles, one of Airbnb’s largest markets, passed new rules regulating how frequently people can rent their homes out to tourists. As other American cities have done, LA barred people from renting out second homes for less-than-30-day stays. People renting out their primary homes can rent to tourists for up to one-third of the...
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Apple’s Hiccup, Blue Apron Gets Picked Up
It’s hard to feel sympathy for Apple, given how much money it makes ($9.2 million in net income every hour in the most recent quarter). But the flood of complaints on social media about overheating in the latest line of iPhones makes you feel a bit for the tech giant and its executives. Here’s a company that wanted to make its high-end phones lighter by using titanium, and what sounds like a...
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