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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Why DOJ’s Damaging Evidence Against Google May Not Be Enough to Break Up the Company
Justice Department lawyers on Tuesday revealed embarrassing details about Google’s conduct in the online ad industry as part of a new antitrust lawsuit. Despite evidence and allegations that Google rigged advertising auctions and effectively stole money from website publishers that rely on the company’s advertising tools, the DOJ will have a hard time winning the case and breaking...
Japan and Netherlands To Join U.S. Restrictions on Chip Machinery Exports to China
Intel Shares Plummet After Weak Earnings, Sales Forecast
SAP Lays Off 2.5% of Workforce, Eyes Sale of Qualtrics Stake
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