Airbnb has emerged as a strong contender in the travel and hospitality sector, reporting impressive fourth-quarter earnings that exceeded analyst expectations and reflected a robust rebound from the pandemic’s initial impact. With a remarkable 15% surge in its share price during after-hours trading, the company posted earnings per share (EPS) of 73 cents, outpacing the
Enterprise
In the fast-paced world of artificial intelligence, innovation can shift the balance of power in mere moments. Baidu, a frontrunner in the Chinese tech space, is preparing to unveil its latest AI model, Ernie 5.0, which promises to push the boundaries of what multimodal AI can achieve. Slated for release in the latter half of
Affirm, the online lending platform introduced by Max Levchin, has been at the forefront of revolutionizing payment methods since its inception. Initially focused on credit, the company discerned an opportunity in the debit market and expanded its offerings four years ago by launching a unique debit card that enables users to pay over time. This
In a surprising move, Google has decided to remove significant cultural observances from its widely used online and mobile calendar applications. Notably, the first days of Black History Month and Women’s History Month, previously marked at the start of February and March, respectively, will not appear in 2025. This decision has sparked conversations regarding the
In recent weeks, the landscape of artificial intelligence (AI) development has been shaken by the emergence of Deepseek, a Chinese AI firm whose recent claims about its technology have led to a significant market reaction. Demis Hassabis, the CEO of Google DeepMind, weighed in on Deepseek’s AI model, asserting that while its engineering is impressive,
In a significant move, Verily, the health-focused subsidiary of Alphabet, has confirmed the sale of its stop-loss insurance division, Granular Insurance Company, to Elevance Health. This strategic decision underscores the company’s ongoing evolution as it navigates the complex health tech landscape. The deal, though lacking in disclosed financial specifics, represents another chapter in Verily’s quest
As Amazon approaches its fourth-quarter earnings release, investors and analysts are gearing up for a performance review that could set the tone for its future trajectory. Scheduled for Thursday after the market closes, expectations are high. Analysts forecast earnings of $1.49 per share and anticipate a revenue figure of approximately $187.3 billion. Given the recent
Uber Technologies Inc., a prominent player in the ride-sharing and logistics sector, has recently released its fourth-quarter financial results, sparking both interest and concern among investors. While the figures on revenue and earnings per share exceeded most analysts’ predictions, the company’s forecast for the upcoming quarter has generated hesitance, leading to a notable drop in
Dick Kramlich, a prominent figure in the development of venture capital as a profession, passed away recently at the age of 89. His unexpected death has left a significant void in the tech investment community, where he was regarded not just as a pioneer, but as a warm and optimistic leader who profoundly impacted the
The landscape of financial technology is under constant transformation, with companies emerging and evolving to meet the growing demands of digital payments. Among these players is GoCardless, a London-based startup that has become a vital participant in the realm of recurring payment solutions. In 2024, GoCardless reported significant strides in reducing its financial losses, and