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☆ The 'worst moment' of Sam Altman's OpenAI ousting happened just before midnight, Airbnb CEO said
▼ + stars: | 2024-06-27 | by ( Ana Altchek | ) www.businessinsider.com time to read: +1 min

Airbnb CEO Brian Chesky said the "worst moment" of Sam Altman's ousting happened around midnight. Chesky said Altman expected to get reinstated but OpenAI then announced Emmett Shear as CEO. Altman planned to go to Microsoft but Chesky said his friendship with Shear helped open a dialogue. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . But the hardest moment happened at midnight about two days in, according to an interview with Airbnb CEO Brian Chesky on CNBC.

Persons: Brian Chesky, Sam Altman's, Chesky, Altman, OpenAI, Emmett Shear, Shear, —, Sam Altman Organizations: Microsoft, Service, CNBC, Business Locations: OpenAI

☆ Airbnb is still trying to work with the city of Barcelona despite the ban, says CEO Brian Chesky
▼ + stars: | 2024-06-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAirbnb is still trying to work with the city of Barcelona despite the ban, says CEO Brian CheskyAirbnb CEO Brian Chesky sits down with CNBC's Andrew Ross Sorkin at the Aspen Ideas Festival to discuss summer travel, how the company addresses Barcelona's ban on Airbnbs, and more. NBCUniversal News Group is the media partner of the Aspen Ideas Festival.

Persons: Brian Chesky, CNBC's Andrew Ross Sorkin Organizations: Aspen Ideas, NBCUniversal Locations: Barcelona

☆ Airbnb undermined team that removed extremist users, whistleblower claims
▼ + stars: | 2024-06-19 | by ( Clare Duffy | ) edition.cnn.com time to read: +4 min

New York CNN —Airbnb has undermined users’ safety by scaling back its work to remove extremists from its platform, a former contractor alleged in a new whistleblower complaint. “Airbnb spent much of 2023 scaling back and undermining the work of its team tasked with removing individuals affiliated with dangerous and extremist organizations from the platform,” Whistleblower Aid, the organization representing Hernandez, said in a statement. Airbnb disputed Hernandez’s claims, saying that it continues to enforce against members of dangerous or extremist organizations. And in the following years, it pointed to that pledge when removing users associated with extremist organizations. Prior to her work at Airbnb, Hernandez worked as a researcher for the Terrorism Research and Analysis Consortium, an organization that tracks terrorist and hate groups, according to Whistleblower Aid.

Persons: New York CNN — Airbnb, Jess Hernandez, “ Airbnb, Hernandez, ” Hernandez, Airbnb, we’ve, ”, Brian Chesky, “, Lauren Southern Organizations: New, New York CNN, Capitol, US Securities and Exchange Commission, Federal Trade Commission, NBC, CNN, White, Washington DC, Fox News, Terrorism Research, Consortium Locations: New York, Charlottesville , Virginia, Airbnb

☆ Airbnb's CEO uses this simple solution to combat loneliness in the workplace: 'It's a brilliant idea'
▼ + stars: | 2024-06-06 | by ( Ashton Jackson | ) www.cnbc.com time to read: +1 min

Airbnb CEO Brian Chesky says he has a simple method to help. Chesky's solution: Find two employees who work well together and put them on the same team, he recently told Wharton psychologist Adam Grant's "ReThinking" podcast. It worked so well that I started thinking about this notion of duos in other areas." When you pair people up — putting them on the same team and seeing what happens — consider their approaches to work. In Chesky's case, the idea started as a productivity strategy and turned into something more.

Persons: Brian Chesky, Wharton, Adam Grant's, Chesky, — Organizations: Workers

☆ Airbnb CEO shares the mistake he made while conducting Covid-era layoffs: 'A company's not a family'
▼ + stars: | 2024-06-03 | by ( Ashton Jackson | ) www.cnbc.com time to read: +1 min

No matter how much you like your colleagues, don't think of your workplace as a family, says Airbnb CEO and co-founder Brian Chesky. Chesky learned this lesson from experience, he told Wharton psychologist Adam Grant's "ReThinking" podcast in May. In 2020, at the height of the Covid-19 pandemic, Chesky penned a note to employees explaining that the company would conduct layoffs. And it is true that a company's not a family. "We used to refer to ourselves as a family, and then we did have to fire people, or they'd have to leave the company, and you don't fire members of your family," he added.

Persons: Brian Chesky, Chesky, Wharton, Adam Grant's

☆ Millennials and Gen Zers want human connection, so they're choosing travel tours with strangers to cure their loneliness
▼ + stars: | 2024-05-26 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +6 min

The average Intrepid Travel group has 10 people. AdvertisementIt also allows people to form new bonds in a tight-knit setting, which young travelers crave, after the COVID-19 pandemic. The average Intrepid Travel group has 10 people. jacoblund/Getty ImagesBerna said Intrepid Travel began receiving requests from people in their 30s looking for adventures off the beaten path. Intrepid Travel said they saw 172% increase globally in bookings to South Korea from 2022 to 2023.

Persons: —, Gen Zers, it's, Stephen Simpson, Matt Berna, Intrepid, Berna, crave, Gen, Brian Chesky, They've Organizations: Service, Business, Intrepid, Intrepid Travel, Travel, Japan Locations: Morocco, Sri Lanka, Americas, millennials, Paris, Vietnam, peddle, America, Peru, South Korea, Korea

☆ In response to a string of deaths, Airbnb CEO says it's 'really hard' to make hosts install carbon monoxide detectors
▼ + stars: | 2024-05-19 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +1 min

Chesky said it is "hard" to enforce a carbon monoxide mandate across 220 countries and regions. NBC News reported that at least 19 deaths at Airbnbs involved carbon monoxide poisoning. AdvertisementAirbnb CEO Brian Chesky said enforcing certain safety measures, like carbon monoxide detectors, across all listings worldwide is "very hard." NBC reported in November 2023 that there had been 19 deaths on Airbnb properties related to carbon monoxide poisoning. Airbnb responded to the initial deaths in 2014 by asserting it would mandate carbon monoxide detectors in all its listings but that's yet to happen, the outlet said.

Persons: Brian Chesky, Chesky, —, Airbnb Organizations: NBC News, Service, NBC Nightly, NBC, Business

☆ Airbnb's customers keep complaining about the costs compared to hotels. The company seems to be listening.
▼ + stars: | 2024-05-09 | by ( Ana Altchek | ) www.businessinsider.com time to read: +3 min

Read previewWhen Airbnb started, CEO Brian Chesky said its tagline "was a cheap, affordable alternative to a hotel" — but customers aren't finding it so cheap anymore. Customers have complained on social media about the rising cost of Airbnb due to booking costs and cleaning fees. Advertisement"A year and a half ago, we noticed that, you know, there was a lot of concern about Airbnb prices increasing," Chesky said. According to the CEO, two million hosts now use the compare listing. Chesky also said Airbnb started offering monthly and weekly discounts for guests with longer stays.

Persons: —, Airbnb, Brian Chesky, you've, Chesky, it's Organizations: Service, Business

☆ Airbnb CEO on Q1 results, Icons launch: We are just scratching the surface of our core business
▼ + stars: | 2024-05-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAirbnb CEO on Q1 results, Icons launch: We are just scratching the surface of our core businessAirbnb co-founder and CEO Brian Chesky joins 'Squawk on the Street' to discuss the company's quarterly earnings results, the launch of 'Icons', growth outlook, international expansion, and more.

Persons: Brian Chesky

☆ Airbnb’s Icons allow you to drift off in the ‘Up’ house or rest in Prince’s ‘Purple Rain’ mansion
▼ + stars: | 2024-05-01 | by ( Lisa Respers France | ) edition.cnn.com time to read: +4 min

CNN —If you have ever wanted to dream in the balloon-lifted “Up” house, party with Kevin Hart or jam with Doja Cat, Airbnb has just the thing. With Icons, we’ve created the most extraordinary experiences on Earth.”Here are some of the entertainment-focused Icons announced so far:An actual photo of the Airbnb house recreated to look like the home in the Disney/Pixar movie "Up" -- both the interior and exterior. Ryan LowryDrift off in the “Up”house - “Sleep inside one of Disney and Pixar’s most iconic homes – and yes, it floats. You’ll enjoy an unforgettable living room performance from the Grammy-winning artist, including her favorite songs and tracks from her latest album.”"Purple Rain" House - AirBnb Icons Eric OgdenStay in Prince’s “Purple Rain” house - “Prince purchased the Minneapolis, Minnesota home featured in the legendary film ‘Purple Rain,’ but it’s never been available to the public until now. Explore the home and go crazy for rare and special tracks from Prince’s world in an exclusive studio session.

Persons: Kevin Hart, Airbnb, Brian Chesky, we’ve, Ryan Lowry, ”, You’ll, Kevin, Doja, Eric Ogden, “ Prince, it’s, Khaby, Holly Andres Step, Marvel, you’re, Joy, Janhvi Kapoor Organizations: CNN, Wednesday, Disney Locations: Abiquiu , New Mexico, Minneapolis , Minnesota, Milan, Italy, Westchester , New York, Paris

☆ More CEOs are deciding the stress, pressure, and loneliness are just not worth the money
▼ + stars: | 2024-04-30 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Pressure, stress, and lonelinessHead honchos have been calling out the difficulties of their jobs for years. Tesla and SpaceX CEO Elon Musk has bemoaned that running a company is "really not that fun" and "just awful" at times. "The depths of loneliness I experienced as a CEO are difficult to put into words," he posted on X in January. The combination of immense pressure, stress, loneliness, and lack of work-life balance that often comes with being a CEO may well explain why few people last long in the role.

Persons: —, HSBC's Noel Quinn, Bob Bakish, Dr Martens, Kenny Wilson, Andrew Challenger, HSBC's Quinn, Elon Musk, Musk, Grzegorz Wajda, Brian Chesky, Warren Buffett, Berkshire Hathaway, Buffett Organizations: Service, Paramount, Business, SpaceX, Berkshire, he's

☆ A real-estate agent's ritzy Hamptons beach home was used in a fake Airbnb scam
▼ + stars: | 2024-04-24 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +3 min

A real estate agent who rents her Hamptons home got caught up in an Airbnb scam. Photos of her property were used for a fake listing, The Real Deal reports. AdvertisementA Corcoran real-estate agent and East Hamptons homeowner was caught up in an Airbnb scam when a fake listing for her property showed on the rental platform, The Real Deal reports. According to the Real Deal, Sarah Stewart rents her Hamptons home in the spring and summer, but not through Airbnb. Though Stewart got the scam pages taken down, she told The Real Deal the ordeal was "terribly upsetting."

Persons: —, Corcoran, Sarah Stewart, Stewart, Airbnb, Brian Chesky Organizations: Hamptons, Service, East Hamptons, Real, Labor

☆ Airbnb's new chief business officer shares his top priorities for hosts and travelers
▼ + stars: | 2024-04-23 | by ( Ian Thomas | ) www.cnbc.com time to read: +4 min

As Airbnb's recently appointed chief business officer, Dave Stephenson is playing a crucial role in the company's future growth plans. He's also filling another role that is critical to that growth: an Airbnb host. An avid skier and hiker, Stephenson is quick to share details of the best trails with his guests. Airbnb is also looking to expand its services, making it easier to be a host as well as a guest. That could include helping hosts facilitate check-ins or helping them get the items they need for guests, like linens.

Persons: Airbnb's, Dave Stephenson, He's, Stephenson, Brian Chesky, Chesky, Airbnb Organizations: Airbnb, CBO, Netflix Locations: Ankara, Turkiye, Amazon, Seattle , Washington, that's, Germany, South Korea, Brazil, Bavaria, Washington

☆ A 32-year-old who started selling T-shirts in college with $500 upfront shares the 4 strategies he used to build a seven-figure online business from scratch
▼ + stars: | 2024-04-17 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Karthik Shanadi and Luke McGurrin did just that — and they started their brand, Greek House, out of their fraternity house with a slim $500 budget. Since launching Greek House in 2013, the cofounders have added three more apparel brands. Courtesy of Karthik ShanadiIt helped that Shanadi and McGurrin eventually expanded into what he considers a "high barrier niche": licensed merchandise. In 2016, about three years after starting Greek House, they received a notice from a licensing agency.

Persons: —, Karthik Shanadi, Luke McGurrin, Shanadi, McGurrin, Brian Chesky, Threadly, that's, We're Organizations: Service, Business, University of Florida Locations: Portugal, Philippines, India

☆ Airbnb wants to help renters, and not just homeowners, share their space for cash
▼ + stars: | 2024-04-12 | by ( Catherine Thorbecke | ) edition.cnn.com time to read: +4 min

CNN —Airbnb wants more renters, and not just homeowners, to be able to become hosts on its short-term rental platform. New York City, for example, has argued that short-term rental platforms like Airbnb limit available housing supply, leading to overall higher rents, and that they can be disruptive to neighborhoods. “A lot of the early laws that were made limited short-term rental to homeownership,” Theo Yedinsky, the vice president of public policy at Airbnb, told CNN. These renters, however, will still have to get permission from their landlord to host on Airbnb (Airbnb has no involvement in individual lease agreements between property owners and tenants). And many major cities, including New York, are increasingly cracking down and heavily restricting the short-term rental market.

Persons: CNN — Airbnb, ” Theo Yedinsky, Yedinsky, Airbnb, couldn’t, “, ”, Brian Chesky, Joe Gebbia, Glenn Youngkin, ” Yedinsky, Rahul Bhaskar, Bhaskar, ” Bhaskar Organizations: CNN, Gov Locations: New York City, San Francisco, Virginia, New York, India

☆ 2 college friends who started selling custom T-shirts on campus with a $500 budget explain how they grew their fraternity-house merch project into a seven-figure business
▼ + stars: | 2024-04-04 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +10 min

By the time Shanadi started his freshman year at the University of Florida, he had nearly a decade of work under his belt. His first brand, Greek House, while "a little bit of an accident," admitted Shanadi, was set in motion. It allowed him and McGurrin to launch Greek House with the limited savings they had. They dedicated weeknights and weekends to growing Greek House. Quitting corporate America, living on $1,000 a month, and learning from a $33,000 mistakeIn 2016, Shanadi quit his job to go all-in on Greek House.

Persons: Karthik Shanadi, Shanadi, Luke McGurrin, Luke, McGurrin, We'd, LUKE SIRIMONGKHON, Brian Chesky, that's, we've, we're Organizations: Business, University of Florida, New, Amazon, House, of Florida, Follett, Dick's Sporting Goods Locations: Bangalore, India, Orlando, New York City, Florida, California, Bay, Los Angeles, America, Salesforce, LA

☆ An Airbnb cofounder's new startup wants to drop factory-made tiny homes into California backyards — see inside its $324,000, two-bedroom unit
▼ + stars: | 2024-03-02 | by ( Brittany Chang | ) www.businessinsider.com time to read: +1 min

Samara, cofounded by Airbnb's Joe Gebbia, is selling modular accessory dwelling units. See inside its most expensive unit, a $324,000 two-bedroom tiny home. AdvertisementA new startup wants to drop tiny homes into your backyard. If the name doesn't ring a bell, you might recognize one of its cofounders, Joe Gebbia. Quite the opposite: It's manufacturing factory-built accessory dwelling units (ADUs), or tiny homes, that can be dropped into Californians' backyards.

Persons: Airbnb's Joe Gebbia, —, Oz, Ariana Grande, Ethan Slater, Joe Gebbia, Brian Chesky Organizations: Service, Airbnb Locations: Samara, Mexico, It's California

☆ Airbnb reports better-than-expected revenue and beats on guidance
▼ + stars: | 2024-02-13 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +3 min

Airbnb reported better-than-expected revenue for the fourth quarter on Tuesday and issued an optimistic forecast for the current period. Airbnb posted adjusted earnings of $738 million in the fourth quarter. Analysts were expecting $645 million, according to StreetAccount. Airbnb said revenue in the first quarter will be between $2.03 billion and $2.07 billion, while Wall Street was expecting $2.03 billion, according to LSEG. Gross booking value, which Airbnb uses to track host earnings, service fees, cleaning fees and taxes, came in at $15.5 billion in the fourth quarter.

Persons: Brian Chesky, Airbnb, It's Organizations: Airbnb Inc, Hope, Revenue, Hamas, Asia Locations: Atlanta , Georgia, Israel, America

☆ Investors in Airbnb arbitrage business allege they were defrauded in scheme promising 'higher returns than the stock market'
▼ + stars: | 2024-02-11 | by ( Rohan Goswami Annie Palmer | Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +18 min

Airbnb told CNBC that business practices such as Agyeman's aren't permitted. Airbnb told CNBC it had no business relationship with Agyeman and had taken action to curtail his operations. Carr and other HFA investors told CNBC their frustrations were dismissed or met with legal threats. To get around Airbnb's rules, HFA instructed its investors to list their own homes, a former employee and two investors told CNBC. Airbnb told CNBC that it was rolling out a more robust verification process in the U.S. and elsewhere beginning as early as 2024.

Persons: Elham Ataeiazar Daryn Carr, Carr, Anthony Agyeman, Agyeman, HFA, they've, Agyeman haven't, Airbnb, Brian Chesky, Brendan McDermid, Reuters Carr, Thomas Hunker, Hunker, Wessel Botes, Megan Shears, Shears, It's, Kathy, she'd, copywriters, couldn't, who'd, Collin Ballard, Collin Ballard Ballard, Ballard, lister, HFA's, Agyeman's Wealthway, Wealthway, David Levine, he's, Levine, Levine didn't Organizations: Federal Trade Commission, Department of Justice, Justice Department, FTC, CNBC, Inc, New York Stock Exchange, Reuters, Agyeman, Investors, Google, HFA, MGM, Dallas, North Locations: hustles, Covid, New York City, New York, Airbnb, HFA, Texas, Instagram, Fort Myers, Sanibel, Las Vegas, Dallas, U.S, Agyeman, Florida, North America, Botes

NEW YORK (AP) — Airbnb on Tuesday donated a total of $10 million to more than 120 nonprofits in 44 countries on six continents, the short-term rental giant's latest outlays in its unusual distribution of $100 million through its Airbnb Community Fund. “Airbnb has a 21st century company view,” said Janaye Ingram, Airbnb’s director of community partner programs and engagement. By supporting nonprofits that its hosts find valuable, Airbnb can get more funding to groups that help keep their communities strong, Ingram said. The board solicited recommendations for nonprofits from the hundreds of Airbnb Host Club leaders around the world. However, the Airbnb Community Fund is operated separately from that.

Persons: — Airbnb, “ Airbnb, ”, Janaye Ingram, Ingram, Brian Chesky, “, ‘, ” Chesky, Nadia Giordani, George Floyd, ” Giordani, “ We’re, Airbnb, ” Airbnb’s Ingram Organizations: Fund, Japanese, Dog Resource, Atlanta Habitat, Humanity, Stanford University Graduate School of Business, Airbnb Host Club, Corporate Purpose, Community Fund, Lilly Endowment Inc, AP Locations: Digify Africa, ” San Francisco, Airbnb, New York City, Atlanta, Minneapolis

Airbnb Chief Financial Officer Dave Stephenson will transition into a newly created chief business officer role at the company. Airbnb Chief Financial Officer Dave Stephenson, who helped guide the company through Covid-19 tumult and an initial public offering, will transition into a newly created chief business officer role, Airbnb CEO Brian Chesky said in a Tuesday note to employees viewed by CNBC. Chesky said Stephenson's new role would also mark an "inflection point" for Airbnb, where the business would begin to focus on growth across existing and new businesses. "As Chief Business Officer, Dave will be across all aspects of our strategy to expand beyond the core," Chesky wrote. Before joining Airbnb, Stephenson was finance chief at Amazon's Worldwide Consumer unit.

Persons: Dave Stephenson, Brian Chesky, Ellie Mertz, Stephenson, Chesky, Dave, . Mertz, Catherine Powell, Airbnb, Nathan Blecharczyk, Joe Gebbia, — CNBC's Laura Batchelor Organizations: CNBC, Airbnb, Amazon's, Disney, CNBC PRO Locations: Covid, Airbnb

For much of the past year, OpenAI’s board of directors has been criticized as too small and too divided to effectively govern one of the fastest-growing start-ups in Silicon Valley history. On Friday, the board’s dysfunction spilled into public view when four of its members fired Sam Altman, OpenAI’s popular and powerful chief executive. Mr. Altman, 38, returned to the company on Tuesday night, after days of haggling over his job and over the makeup of the board. The board and Mr. Altman’s allies discussed more than a half dozen options for its future. The departing board wanted to be sure the replacements would be independent thinkers and experienced enough to stand up to Mr. Altman.

Persons: Sam Altman, OpenAI’s, Altman, Altman’s, Laurene Powell Jobs, Steve Jobs, Brian Chesky Organizations: Emerson Locations: Silicon Valley

☆ Sam Altman sure came out a hero
▼ + stars: | 2023-11-20 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +5 min

After OpenAI's board booted CEO Sam Altman, industry peers and colleagues voiced their support. AdvertisementSam Altman comes out of the OpenAI CEO situation looking like a Silicon Valley hero. What IS clear is that Sam Altman has come out of the situation looking like a hero so far. After some failed negotiations about returning to OpenAI, Altman is now heading to work at Microsoft. As the dust settles (well, maybe) a narrative has emerged: Sam Altman has come out of this very well.

Persons: Sam Altman, Ilya Sutskever, Altman, —, OpenAI, Justin Sullivan, Eric Schmidt, Brian Chesky, Schmidt, Marissa Mayer, Elon Musk, Mira Murati –, Mira Murati, we've, — Ilya Sutskever, Sutskever Organizations: Service, Google, OpenAI, Microsoft

☆ Former Yahoo CEO Marissa Mayer delivers sharp-elbowed rebuke of OpenAI's 'broken' board
▼ + stars: | 2023-11-20 | by ( Grace Kay | ) www.businessinsider.com time to read: +4 min

Marissa Mayer slammed OpenAI's 'broken and underadvised' board on social media. AdvertisementMarissa Mayer has some harsh words for OpenAI's board. "The fact that Ilya now regrets just shows how broken and underadvised they are/were," Mayer wrote on social media. OpenAI's bylaws allow board members to both appoint and remove other board members with a majority vote, Wired reported. In the case of OpenAI, which had only six board members, a majority vote meant only four board members needed to agree on a change to approve it.

Persons: Marissa Mayer, OpenAI's, OpenAI, Sam Altman, Mayer, —, Altman, Ilya Sutskever, Sutskever, Emmett Shear, Ilya, Reid Hoffman, Shivon Zilis, Will Hurd, spokespeople, Hoffman, Brian Chesky Organizations: Yahoo, Service, Twitter, Google, Microsoft, Wired, Republican, ppl Locations: OpenAI

Airbnb has named Ron Klain, former White House Chief of Staff for President Joe Biden, as its chief legal officer. Klain was President Biden's chief of staff during his first two years in office. He was previously chief of staff to then-Vice President Biden. He held the same position under Vice President Al Gore at 34 years old, making him the youngest chief of staff to a vice president in American history. Klain was also chief legal officer at venture capital firm Revolution, which was started by AOL founder Steve Case.

Persons: Airbnb, Ron Klain, Joe Biden, Klain, Biden's, Biden, Al Gore, Steve Case, Brian Chesky Organizations: White, Staff, AOL, Associated Press

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