"i'm going to airbnb my place." "i'm going to get an airbnb."world, and the amazing thing is, it's very difficult to become a noun and a verb, but it's even more difficult to now take a brand that's associated with mainly one thing and now take that idea and extend it. but i think that airbnb means something much more than getting a short—term rental place to stay. now we're launching the co—host network. this is probably the biggest change to our model to list a home on airbnb since we started the company. so what difference will users notice with this new co—host network? if you want to put your home on airbnb, either you have to do the hosting, so you have to list the home, you have to photograph it, you've got to manage the bookings, you've got to greet the guest. then you've got to be responsive to them, and then you got to clean the place after and get ready for the next guest. it's an undertaking. i said, well, what if we brought some of the best hosts in airbnb and made them available on the network? so if you come to airbnb and you want

if people aren't spending on airbnb - airbnb shares today.ending on airbnb as l airbnb shares today. if people - aren't spending on airbnb as much, where is consumer spending focused? economists talk about this k shaped recovery, what that means is that you see a split, those who have more money and are continuing to spend and those who have less money and are really reining in the spending. there was a report earlier this week that more americans are racking up credit card debt. they had built up savings during the pandemic. you are starting to see that pressure. when you see force on the stock market that cannot goes high and consumers, something to watch in the months ahead. . ~' ,, , . something to watch in the months ahead. ., ~ , . ahead. thank you very much as alwa s. virgin atlantic's november flight 100 from london to new york was heralded as a breakthrough at the time. the first commercial flight to ever cross the atlantic on what's called sustainable aviation fuel. no changes were needed to the aircraft either. proof it could be do

not on airbnb.rbnb, housing prices have gone up, hotel prices have gone up. the city is now less affordable for travellers, but not more affordable for travellers. so do you respect, though, when cities like new york, like miami, do decide to implement these new restrictions —even if you don't agree that they're going to work? yes. a city has a right to determine, um, you know, how they want to govern, and what they want to restrict and not restrict. let me just say this, though, about, like — take a city like new york. it's not like the city of new york made a decision. if you were to ask broadly the city of new york, i think there's quite a bit of support for airbnb to exist, at least with some restrictions — i don't think the majority of people in the city of new york thought a ban was the best solution, it was a bit of a one—size...kind of... it was like a bit of a giant hatchet approach. so i do think there is a more sensible solution. i respect cities' concerns that many cities around the worl

an airbnb knows it's a problem in this deposition reviewed by cnn and airbnb rep.d 35,000 customer support tickets about security cameras are recording devices had been documented over a decade. airbnb told cnn a single complaint can involve multiple tickets and a cnn investigation found airbnb not only fails to protect its guess, it works to keep complaints out of the courts and a wave from the public why don't we know about this they're trying to keep it secret and if everyone knew what was happening, they would not be using their website. airbnb wants to wash their hands clean when they have a host who does something illegal or suspicious they want to say we are simply a website. we are not responsible for this host. we are not responsible for this property. >> florida attorneys bellkor's plata and shan and shot say trying to sue airbnb if something goes wrong is extremely difficult. it begins when you sign up on airbnbs website and click agree to its terms of service? you're agreeing to assume all risk. >> the person going to rent the property agrees that if so

a year ago new york city decided to ban airbnb. we're not an airbnb right now, liz. prices are up year-over-year. not down. as are hotel prices. paris decided to work much more collaboratively with us and now look what's happening. 40% more listings in airbnb. the vast majority are first time hosts. i would assume the vast majority of them are renting the homes they live in. i'm staying in a house here in this neighborhood, by a host who never hosted before it's their family home. they went to the south of france while i'm here so ultimately i don't think airbnb is the problem. i think we can be a solution to cities problems and we're willing to work with cities. you know, paris restricts airbnb to 120 nights a year. i think that really makes it economically viable for regular people to make income, and i think most of the public is in support of sensible regulations. liz: it sounds like there should be a middle ground here. before we go, we have a whole bunch of olympics coming up. i mean, you've gotta look at, for example, the 2026 winter olympics in milan. summer

finallly, to airbnb.many of us travel— giving access to millions of privately owned homes — as an alternative to hotels. but it's also been accused of contributing to a housing crisis in many cities as it's often far more lucrative to �*airbnb' properties rather than rent them to long term tenants. as housing prices have risen, some cities have been banning airbnbs altogether. the bbc�*s tadhg enright asked the company's co founder and chief executive — brian chesky about the accusations. i generally do not think that airbnb is contributing to the housing crisis in very large cities — at least not nearly to the extent that some of our critics have pointed out. and let me just kind of back up and say this. i don't want to ever say that airbnb is not contributing to any problems anywhere. you know, we built a platform. that platform is now used hundreds of millions of times a year. we handle more money through airbnb than the gdp of the country of croatia. and so, just to give you a sense, we have nearly fo

airbnb, since inception. _ of softness. airbnb, since inception, has _ of softness.b, since inception, has faced a - of softness. airbnb, since inception, has faced a lot| of softness. airbnb, since l inception, has faced a lot of legal challenges because it is a disruptor and cities around the world looked at airbnb arriving on the scene, taking up arriving on the scene, taking up market share. they are still dealing with that, aren't they, where in many cities around the world, we mentioned barcelona, for example, cracking down on the airbnb let's available. yes, there is... and what airbnb decided to do except they have had to deal with regulatory issues. we are having this conversation during the middle of olympics in paris where airbnb has worked hand in hand with the french government and had enormous success. single biggest largest city silence make and gone over swimmingly, extremely well. something like 400,000 guests airbnb has helped situate in paris and by the way i do not think... i'm not sure the paris hotel industry could handle that on its own, probab

to _ is quite a bit of support for airbnb to exist at least with some — airbnb to exist at least with the majority of people in the city— think the majority of people in the city of new york fought a ban was _ the city of new york fought a ban was the best solution. it was — ban was the best solution. it was a — ban was the best solution. it was a bit _ ban was the best solution. it was a bit of a giant hatchet approach. was a bit of

airbnb. they must go a different route, which is a binding arbitration. it's a way to strong arm someone is this about controlling publicity hundred percent absolutely. >> once they've settled a claim, airbnb has required guests to sign confidentiality agreements, which cnn obtained that keep some details of legal cases private for you to get the check, you must sign a piece of paper so that no one will know this will be swept under the rug that's exactly what happened to this man how did you feel signing that confidentiality agreement? >> this man asked us not to show his face and we've masked his voice he and his wife were recorded during a romantic getaway footage of my workflow he searched for you and your between two people who circled shrimp. >> why aleutian oval miller. and she tried travesty not contact law enforcement once hidden cameras are discovered, even if children are involved according someone without their consent is illegal in every state. you're people showing no shores of

an airbnb knows it's a problem. in this deposition reviewed by cnn and airbnb rep.d 35,000 customer support tickets, about security cameras are recording devices had been documented over a decade airbnb told cnn a single complaint can involve multiple tickets and a cnn investigation found airbnb not only fails to protect its guess it works to keep complaints out of the courts and a wave from the public. why don't we know about this they're trying to keep it secret and if everyone knew what was happening, they would not be using their website. >> airbnb wants to wash their hands clean when they have a host who does something illegal or suspicious they want to say we are simply a website. >> we are not responsible for this hose were not responsible for this property. >> florida attorneys bellkor's plata and shan and shot say trying to sue airbnb if something goes wrong is extremely difficult. it begins when you sign up on airbnbs website and click agree to its terms of service? you're agreeing to assume all risk. >> the person going to rent the property agrees that if

airbnb is one of the first tech companies to completely transform the way we travel.rket — and in some places the housing rental market too. as housing prices have risen, some cities have been cracking down on airbnbs altogether. the bbc�*s tadhg enright asked the company's chief executive brian chesky if airbnb is contributing to the housing crisis, in this week's edition of talking business. i generally do not think that airbnb is contributing to the housing crisis in very large cities — at least not nearly to the extent that some of our critics have pointed out. that some of our critics have pointed ou�* netflix�*s has apec region was netflix�*s has performing with i9% revenue growth. apec is a real bright spot for them. tsmc has announced more than $23 billion in profits for the three months to september. and that's a 30% jump from the second quarter. the taiwanese company is the world's largest producer of advanced chips. its client list includes us tech giants nvidia and apple. instagram has introduced a bunch of teen safety features as the company continues to

an airbnb knows it's a problem in this deposition reviewed by cnn and airbnb rep.35,000 customer support tickets about security cameras or recording devices had been documented over a decade. airbnb told cnn a single complaint can involve multiple tickets and a cnn investigation found airbnb not only fails to protect its guess it works to keep complaints out of the courts and a wave from the public why don't we know about this? >> they're trying to keep it secret. and if everyone knew what was happening they would not be using their website. >> airbnb wants to wash their hands, clean when they have a host who does something illegal or suspicious, they want to say we are simply a website we are not responsible for this host. we are not responsible for this property florida attorneys belk is plata and shan and shot say trying to sue airbnb if something goes wrong is extremely difficult. it begins when you sign up on airbnbs website and click agree to its terms of service. you're agreeing to assume all risk the person going to rent the property agrees that if somethin

they're all hosting on airbnb.we only added people to the network with a great track record. you can apply and we'll require you to have hosting history with airbnb first but if you have a hope, you don't need any history and come on and we'll watch you with somebody and be confident no know the people on the network are going to take care of your home. liz: how does this add to your bottom line? your stock up 15 or so% and year-to-date and ask this add meaningful number s? >> absolutely. the way this will add is it's going to add more supply. when you add supply like so if we have hundreds of millions of people book airbnbs every year, but we have a billion and a half unique devices logging in and the reason people don't book an airbnb is they see a home they don't like. this is potentially millions of new ho hopes in the network. we also know when you do more housing and housing prices go down and add more supply of airbnb of homes to the network and they become more affordable. that will increase more demand. li

an airbnb knows it's a problem in this deposition reviewed by cnn and airbnb rep. said 35,000 customer support tickets, about security cameras are recording devices had been documented over a decade airbnb told cnn a single complaint can involve multiple tickets and a cnn investigation found airbnb not only fails to protect its guess it works to keep complaints out of the courts and a wave from the public why don't we know about this? >> they're trying to keep it secret. and if everyone knew what was happening, they would not be using their website airbnb wants to wash their hands, clean when they have a host who does something illegal or suspicious, they want to say we are simply a website. we are not responsible for this host, were not responsible for this property. florida attorneys bellkor's plata and shan and shot say trying to sue airbnb if something goes wrong is extreme greenlee difficult. >> it begins when you sign up on airbnbs website and click agree to its terms of service you're agreeing to assume all risk the person going to rent the property agrees t

airbnb en un comunicado le dijo a univisiÓn cuando recibimos una denuncia tomamos medidas apropiadaslo regular estas cÁmaras van a estar en un florero, muÑeco, detrÁs de algÚn adorno dentro de la habitaciÓn. >> en redes sociales, los videos se han hecho virales de personas que se han tropezado con esta sorpresa de mal gusto. entonces publican sus testimonios y dan a conocer dispositivos que ayudan a detectar cÁmaras ocultas. expertos afirman que es extremadamente difÍcil demandar a airbnb si algo sale mal, ya que acepta las condiciones de servicio. airbnb tambiÉn nos dijo que en 2024 adoptÓ una polÍtica que prohÍbe las cÁmaras de seguridad en los alojamientos, ademÁs nos comentaron que estos son casos aislados. elian: gracias. si compran en target preste atenciÓn, porque esta cadena de tiendas anunciÓ que a partir del 15 de julio no estar aceptando pagos en cheques de sus clientes. se aceptarÁn formas de pago mÁs rÁpidas y seguras como las tarjetas de crÉdito o dÉbito o los wallets, la billeteras electrÓnicas en los celulares. el monto de los pagos con cheques se redujo a $11,000,000

>> airbnbs are cheaper than they used to be on a year to year basis. hotels are up.the prices are going like this. >> reporter: after a pandemic slump, airbnb has roared back after going public in 2020 but even that ipo got less attention chesky says than a promotion for the barbie dream house tied to the hit movie last year. >> if we just wanted to create a moment of joy for people, a moment of magic. >> reporter: now he thinks a.i. can help. >> what if an app could understand you, learn about your hopes, your dreams, and personalize these itineraries and these trips just for you. that's what ai can do. >> reporter: i think there are so many people who would listen to you and say that's sounds so cool. and i think some of those same people would say and also a little scary and a little risky. >> it's such an incredibly good thing. it is a little scary, and good too. that's what technology is. i think whether the world is one we should be excited about or fear depends on the people whose hands you entrust the technology with. >> reporter: like his and his company's.

airbnb, that's my -- i call you guys sometimes, but airbnb's. can you give a grunt or something to acknowledged the effective airbnb's and short-term rentals on the housing market? i moved to truth or consequences from colorado. i bought a house on my own. i worked my butt off. when i was 28, i bought a house in colorado and i sold it when i was 35. around there. and i moved down here. um, managed to springs, colorado , 2012 or so, past limits on short-term rentals. they are about the same ties -- same sized town. they said only 271, grandfathered, for short-term rentals. bam. host: so, when you say limits, kyle, limits on the number of properties that can be short-term airbnb's? guest: exactly. and there's got to be a percentage. like, it's not the same everywhere. but short-term rentals truly destroyed towns. they do. they do. you don't have voters. host: let's get a response. go ahead, dennis. guest: full disclosure, i'm on the affordable housing advisory council for airbnb. they put together a people -- a group of people in the housing commu

meantime as inauguration day approaches some airbnb owners around the nation capital are planning tock out certain dates as a way to resist donald trump and his supporters. the senior national correspondent is alive on new information. >> pretty interesting story, every four years, the inauguration gives this area, the capital, a much-needed economic boost in january. as thousands flock here to d.c. to see the inauguration and other things happening only this year a group of airbnb proprietors are asking d.c. hosts to take their rentals off the market for that weekend. or at least really jack up the prices. all in an effort to protest trump supporters. quote, we are asking our airbnb host neighbours to show trump supporters coming into the dmv that would be the d.c., maryland, virginia metro area that we do not welcome hate, misogyny or intentions to take over d.c. for perspective back in january of 2017 thousands came here to d.c. to celebrate the inauguration and of course, the protest that followed. hotel rooms were about 94% occupied according to destination d.c., still the folks

borja: cada vez que vaya a un airbnb revisarÉ como si fuera.uy peligrosas. >> debÍ de la burbuja calor que prÁcticamente se estacionaron en su de california, la junta de supervisores se prepara para proteger a su comunidad.

>> airbnbs are cheaper than they used to be on a year to year basis. hotels are up. going like this. >> reporter: after a pandemic slump, airbnb has roared back after going public in 2020 but even that ipo got less attention chesky says than a promotion for the barbie dream house tied to the hit movie last year. >> if we just wanted to create a moment of joy for people, a moment of magic. >> reporter: now he thinks a.i. can help. >> what if an app could understand you, learn about your hopes, your dreams, and personalize these itineraries and these trips just for you. that's what ai can do. >> reporter: i think there are so many people who would listen to you and say that's sounds so cool. and people listen say also scary and a little risky. >> it's an incredibly good thing. it's a little scary. that's what technology is. i think whether the world is one we should be excited about or fear depends on the people whose hands you entrust the technology with. >> reporter: like his and his company's. in his view nowhere to go but up. >> we're going to do something even cra

how much of an issue might that be for airbnb?deep: the main concern for a company like airbnb is there addressable market. this is a company that focuses on vacation rentals and alternative accommodations. now they are doing 100 million nights per quarter. if you look at the overall travel time, i think investors will want to know are there other categories they could add. whether does airline bookings or some other type of bookings. all the other ota's, booking over expedia, they do everything. that drives engagement. we will not take five trips a year because you are used to a certain number of travel trips. that still stays. that is where they're still concerned. sonali: how costly would that be for airbnb to expand in that manner when there isn't a spectator in the pressure on the revenue growth? mandeep: what they have shown is they can keep ramping up the supply. think of how many listings airbnb has on its platform. 6 million listings. a lot more than the overall number of hotel listings. supply side is pretty strong and t

airbnb is one of the first tech companies to completely transform the way we travel.tel market and in some places the housing rental market too. as housing prices have been rising, some cities have been have been cracking down on airbnbs together. in this week's addition of talking business, we asked the company's chief executive if airbnb is contributing to the housing crisis. i don't think it is in large cities, at least not nearly to the extent that some critics have pointed out. let me just back up and say this. i don't want to ever say that it is not contributing to any problems anywhere. we built a platform that is used hundreds of millions of times a year. and just to give you a sense, we have nearly 4 million people staying in airbnb, and i can't be here to tell you that every single thing are something we can defend, because we are a platform, and when you build a platform, it is used for unintended consequences, so in the past there have been people who have taken homes off the market, there have been major concerns from cities, so we have worked with cities

airbnb gave us hope about the travel sector. do i still feel confident in the strength of the company itself? i'm running through the numbers. i'll go straight to the source for details. do not miss exclusive with the ceo. stay with cramer . >> don't miss a second of "mad money." follow @jimcramer on x. send an email at nbc.com or give us a call at 1-800-743-cnbc . miss something? go to mad money.cnbc.com. >> what is cirkul? cirkul is the fuel you need to take flight. cirkul is the energy that gets you to the next level. cirkul is what you hope for when life tosses lemons your way. cirkul, available at walmart and drinkcirkul.com. [♪♪] your skin is ever-changing, take care of it with gold bond's healing formulations of 7 moisturizers and 3 vitamins. for all your skins, gold bond. ♪ ♪ formulations of 7 moisturizers and 3 ♪ ♪amins. ♪ ♪ >>> rolling to the stock of jenna rack holdings today. making backup generators and batteries for solar energy systems. their stock has rallied more than 50% since last over. revenue and earnings es

joining us now is airbnb's ceo, brian chesky brian, can i have a vip house with kevin hart?ay i wake up at the mu musee d'orsay? i think we're burying the lead if we don't talk about icons >> icons are the coolest experiences on earth, and you can stay in the "up" house, which we've recreated, the prince "purple rain" house, and what this, jim, really represents, i think, is the beginning of the next chapter of airbnb, because we have been known for stays, but now, airbnb is starting to move into experiences, and we're starting with just, you know, 4,000 people can do these this year, whether you want to stay at the ferrari museum or the x mansion, which is completely recreated like you're stepping into a comic, but we want to bring the magic of icons to millions of people around the world. i think there's just a sense of where we're going as a company >> well, i think it's really important because there are people, obviously, who want to focus on something that does matter, because you own -- obviously, you have a company with a stock, and that next quarter does seem you di

así que le pedimos todos los documentos y enviamos su queja a airbnb. 2 semanas después, airbnb nos informó2 $. le agradecemos por habernos contactado con su queja y les quiero recordar a ustedes que nos están viendo, que si tienen una queja como consumidores nos pueden llamar al 844 408 484 8 o escribirnos en nuestra página web telemundo48.com/tudinero responde ahí. nosotros le pediremos todos los documentos necesarios y veremos si podemos ayudarle con su caso. yo soy arlen fernández. regreso con ustedes. gracias arlen importante que nos contacten para solucionar esos problemas que tienen y como bien mencionaba, cada caso es diferente, así que usted mande su información y lo vamos a arlen nuestra experta lo va a analizar y así nos vamos a la pausa para al volver. líderes locales reaccionan tras la toma de posesión de la primera mujer presidenta en méxico. yo quiero que se pudra en la cárcel. que dios me perdone por mi palabra. habla la madre de la joven de la comunidad mamá atropellada en oakland luego de que se presentara en corte hoy el sospechoso. tendremos mucha más información más ade

coming, up analyst at bernstein have a warning for airbnb bears.e looking at the wrong metrics. us stop at 55%ve or the past year. that's next. let's check it out. says here it gets plenty of light. and this must be the ocean view? of aruba? huh. this listing is misleading. well, when at&t says we give businesses get our best deal, on the iphone 15 pro made with titanium. we mean it. amazing. all my agents want it. says here...“inviting pool”. come on over! too inviting. only at&t gives businesses our best deals on any iphone. get iphone 15 pro on us. (♪♪) hi, i'm kim, and i lost 67 pounds on golo. when i go out with people, they expect me to eat like a bird. they are shocked by the amount of food i eat while losing weight. with golo, i don't need a cheat day because i get to eat the foods i like any day of the week. i think he's having a midlife crisis i'm not. you got us t-mobile home internet lite. after a week of streaming they knocked us down... ...to dial up speeds. like from the 90s. great times. all i can do say is that my life is pre-- i l

in an airbnb.t took was pulling back the covers and looking just at the line of the mattress and they were kind of all over the place. the gaithers learned the hard way that the bedbug population is bouncing back. there is more of a risk. that's orkin entomologist ben hottel, he says. bedbugs are hitchhikers, and covid slowed them down. we saw really drastic reduction in bedbugs because people weren't traveling as much, but now people are traveling again. so the bedbug population is growing again. it is not as common as it used to be, but once again, it's been increasing more and more hottel suggests we all check for bedbugs on vacation immediately inspect the bed and box spring close looks around there and the cracks and crevices that's usually where they're going to be hiding at. next, turn your attention to the headboard. bang on the headboard a little bit, to see if they'll scatter from behind. they're all clear, rest assured, but play it safe anyway. keep your suitcase away from the bed. don't

plus, pacifica, homeowners versus airbnb. the changes some residents are demanding when it comes to short term rentals in their neighborhood. and a scary moment of the south bay restaurant when a man starts shooting at the ceiling. what happened after that led to the man's death? >> when time from the bay area's local news station. you're watching kron. 4 news. >> thanks for joining us here on kron for news at 10. i'm noelle bellow. the niners season kicks off with a w at levi's. the red and gold beat the new york jets. 32 to 19 tonight's game may have been a win for the niners, but some of the faithful felt new parking lot rules were unfair. kron four's jacmel that joins us live with how things went today. jack. >> yeah, well, that's right. and judging by how things went right outside levi's earlier today, going into the evening, you'll actually be hard pressed to actually believe that there were new tailgating restrictions to begin with. many of the fans that we spoke with told us that they didn't even know that these resea

his airbnb booking. it was a giant chunk of change. yeah, i think it was almost $2,000. it was. it was quite a lot. yeah. thank you for helping us out. orkin says hotels, especially big chains, have generally adopted a pest control routine to prevent bedbug outbreaks. well, what about vacation rentals? mom and pops? well, ask them up front before you spend any money. what are you doing about bedbugs and what are you going to do if we find him? we have the full 50 city bedbug list on our website, nbc bay area.com/respond. while you're there, you can contact us just like the gaither family did. snap this qr code to fill out our consumer complaint form online. kris. itchy. are you watching that story? yeah, let's let's talk about something much more pleasant. okay. our weather, it's hot out there right now. it is, sunshine. it's out there all across the bay area. even the coastline. getting in on some warmer temperatures. and we're going to stay with this trend certainly right through this weekend. let me g

with does airbnb look like now?hink it was pretty nice and around the time that airbnb was being founded. there were companies like zillow, truly are, but the broader disruption of the real estate industry driving the most gdp across every economy in the world was really and it's very early days at that time. -- in its very early days at that time. this spring we had the co-ceo of picasso who i know that you know and there are other co-ceo's, the founder of zillow, he said that home sharing, the cochairing of homes is the american dream. do you agree? i love how you are nodding your head. it is hard to know if we agree with that also. do you think picasso could potentially be the next airbnb or zillow? scarlet: i think picasso -- clelia: i think picasso is allowing people in particular to share second homes. i do think we have an affordability crisis across this country and that different innovations that allow people to access homeownership are really valuable. whether or not home sharing is realization of the broa

>>> a nationwide airbnb scam cost users across the country millions of dollars. are accused of double booking rental properties and only letting the guests who pay the most stay. guad venegas spoke to one victim who brought this scheme to light. >> reporter: authorities are calling it a double booking bait and switch scam that cashed in $8.5 million, according to a new indictment unsealed on wednesday. two men, trey goyl of miami, and shannik are facing charges for listings on airbnb and vrbo. >> they controlled about 100 properties throughout the country. >> reporter: they were located in los angeles, denver, chicago, savannah, south bend, cleveland, nashville, austin, and milwaukee, among other places. >> they used these properties to double book to drive up the prices for property. when it came time for the consumers to use it would cancel on the people who weren't the highest bidders. >> the scheme had several moving parts. using numerous fake host names like alex and brittany or chris and becky. goyo, and their associates would post multiple listings of the

airbnb also released a statement saying issues like this are very rare on airbnb, and our team is continuingrk with our host to provide support. rahman must now wait until june 25th to see if the guests will appeal. and if they don't, she can then file to have them removed. the homeowner says it was difficult to get airbnb to acknowledge her issues, but they recently agreed to help with any damage. additional cleaning and payment for the extra nights. the guest stayed and did not pay. rhiannon. lionel. >> all right. andrea, thank you. tesla ceo elon musk one step closer to having his multi-billion dollar pay day restored. shareholders have voted to restore the $44.9 billion package that was thrown out by a delaware judge in january. the payout is expected to remain tied up in courts for months. >> well, some wells fargo employees have lost their jobs amid allegations they were faking their work. the bank says they were fired or resigned due to simulated keyboard activity meant to create the impression that work was being done. wells fargo is not saying how the offenses were discovered. comin

airbnb said in order to grow in new markets, spending is going up.st interview as ceo will be with us next monday. >> just curious in terms of airbnb versus vrbo what is your take in the difference, as how they see the market now, and marriott entering the space with marriott homes and villas, if increased competition is eating into airbnb. >> i think you are exactly right. we know airbnb is the leader in home rentals, and expedia certainly put more capital towards growing vrbo, but because of pressure on the its margins, it has taken a different step in sort of focusing on north america. but that may be working towards its advantage, given the acceleration that it saw in the second quarter, which is what is helping the stock here. >> all right, seema, thank you. seema mody. interesting commentary about trading down to lower price points. we're seeing it, you know, not just in chips and soda, but also in airlines and hotels. >> it's good for expedia, but how do you trade it? maybe it is airbnb, which traded down to the november low, was a lousy quart

the number of people allowed in airbnb in new york city coming umm to four.ig change is hosts do not need to be home during the time of the rental. so right now under current law, if you want to ren out your house, you have to physically be in it as you also rent it out. under this bill, if you're gone for the weekend and your bed's open, you can rent it out and make a little extra cash. we spoke to airbnb host here and when current law went specific last year, he lost the ability to rent out this unit and cost him 50% of his income. but he's very hopeful with this new bill he thinks it'll make a big difference. take a listen. >> it's allowed me to stay in the city w where i grew up and love. reporter: local law 18 is the current law that rules over short term rentals. that went into effect last year, 92% of short term rentals disappeared off the market. but that doesn't mean that people stopped coming to new york. we keep seeing more and more visitors. this holiday season alone, we're expecting 7.5 million to come here to new york city at a time when hotel r

the council is debating whether to implement caps on airbnb stays and limiting the number of airbnbs per neighborhood. short-term rentals are already capped to 150 properties with permits. complaints can lead to host being non compliant and losing a permit. both sides are hoping the city considers their concerns to their own research say. >> if we just enforce our own laws, we could get rid of the bad actors and will want they want their community back. this seems to be far from over. city council has not made any decision or any votes so far they're still debating the best way to move forward short-term rentals and making sure it's a good financial decision for the city. and sara stinson reporting in pacifica kron. 4 news. >> a sideshow on the bay bridge over the weekend. shut down traffic for nearly 30 minutes. it happened early sunday morning. officials say one person was hurt after they were hit by one of the cars doing donuts. according to chp, the crowd blocked officers from responding. once they got through, though that crowd scattered. meantime, richmond police also responded

airbnb co-founder brian chesky making the announcements. jerry, thank you.is far with airbnb when you started when i inflated 3 air mattresses, my roommate absolutely not the platform now synonymous with vacation rentals. we've got places in more than 200 countries around the 10's of thousands of cities, 80% of airbnb business is group trips. new tools make it easier. this includes shared wish lists and the ability to let the people you're traveling with. join the reservation that way travelers sees the same information from the host about the out check again had opened the door. that kind of thing. but the biggest well, a new category called icons. whimsical places to stay inspired by famous movies, people and places airbnb recreated the house from the disney pixar movie up. it will be located in new mexico. if you're a fan of the movie, you're going to love this house. every single detail from the pictures to the chair lift is just as you remember from the movie other experiences, including x men, mansion in westchester, new york. it looks like a cartoon.

in terms of where they're going is this an idea based on what you were able to do in airbnb. >> a news people to have beautiful, self -- backyard home, casita guesthouse a business to enable homeowners to do bigger having space in their lives. maria: great idea, i feel like i am thinking about when airbnb first came out in early days people thinking wait a second renting how the having vacancy homes for people to stay in my house weren't sure about it it took off. is that trend still in place because since then the beginning days people get worried about, what goes on in those houses the security of having, to go stay in airbnb. >> homes in backyards. >> i am talking about airbnb now. >> um-hmm, well we with able people in backyards half rent them out for long term stays, space having family grandparents kids from college. maria: mike let's talk about your background because, of course, we talked many times i want your take on growth story here why you think people will want to have this other house in their backyard? and perhaps make money on it you don't have to? >> yeah, my past i

es una preocupaciÓn que siempre tengo cada vez que me meto a un motel o en un airbnb.l prÓximo mes. los casos de hÍgado grasso en niÑos han aumentado en estados unidos, segÚn un reciente estudio de la universidad de california. vamos al reporte. entendemos que existe este aumento y hay un por quÉ. reportera: las cifras del estudio son bastante alarmantes. la consecuencia de padecer hÍgado brazo y no ser tratado a tiempo podrÍa ser peligroso. podrÍa llevar la enfermedad de cÁncer, transplante y la muerte. [habla en inglÉs] reportera: la doctora hizo este estudio y demostrÓ que los niÑos podrÍan estar desarrollando hÍgado graso a una corta edad. >> cuando hay obesidad hay una fuerte chance para que la grasa sea acumulada en el hÍgado. reportera: el hÍgado graso se produce cuando se consume mucha grasa. >> es muy preocupante. uno en casa lo cuida. pero cuando lo llevamos hacer mercado, el gusto. reportera: esta afecciÓn es muy silenciosa. >> hay una condiciÓn que se llama cirrosis y esto puede llevar a un cÁncer de hÍgado. reportera: los especialista recomienda tener una

in the session, airbnb is on track for its biggest drop ever.e are worried about the outlook , what airbnb had to say about its peak holiday season even though some executives took to the social media to tell us things were all right. let's talk about airbnb. what they said was moderation sequentially of growth. the growth wasn't that good in the quarter gone. if you extrapolate, are basically saying, this is the best time of year normally for airbnb. we are worried about what they're saying about business traffic. >> you are right. given a lot going on in terms of holiday planning, they talked about shortening booking windows. to me, the biggest risk with airbnb is not that they don't have -- it is more about the saturation and the accommodations market. whatever new products they have launched whether it is rooms or experiences which that had for a while hasn't really driven and criminal growth. what they told us last night was, look, the growth will be mid-single digit. even the growth will actually taper off because they plan to invest more

novelist stephen harrison and a 26 year old entrepreneur takes on airbnb. plus, a team creates a digital human to play games alongside you. that's this week on press here. good morning everyone. i'm scott mcgrew. a company called asml just became the second most valuable company in europe. now, you've heard of the most valuable novo nordisk, because you may take one of its products, including ozempic, and you've almost certainly heard of the third biggest, lvmh. although if that doesn't sound familiar, it's brands will sephora, moet and chandon, louis vuitton, among others. which leaves us with asml. it makes things that make chips, specifically lithography. the etching of patterns on silicon wafers. and though the company has a thousand employees in silicon valley, it happens worldwide, worldwide, rather, ralph howell is a vice president of research and development for the company. so this is the second most valuable company in europe. i believe it's a dutch company, right. but i don't think most people, rafe, have ever heard of it. right so we like to thi

americans say privacy during their stay at an airbnb is a top concern. according to a 2023 survey by real estate investment company ipx 10. 31 58% of americans say they're worried about hidden cameras in their vacation rentals more than a 3rd of americans say they actually searched for cameras when they enter an airbnb and of those who actually search for cameras. 5% found one inside airbnb says hosts have until the end of april to come into compliance with this new policy and remove any indoor cameras host might have any host that disobeys. this new rule will be investigated and can have their home removed from the site altogether. that was alex caprariello reporting for us tonight. hulu joining a list of streaming platforms cracking down on password sharing officially keeping people who do not live in the same household from using the same hulu account. the decision for the new policy comes not long after netflix got tough on password sharing and saw significant growth in subscribers. disney plus is also planning to introduce a new password sharing pol

airbnb co-founder brian chesky making the announcements. jared, thank you and come this far with airbnb when you started it. when i inflated 3 air mattresses, my roommate absolutely not the platform now synonymous with vacation rentals. we've got places in more than 200 countries around the world. 10's of thousands of cities, 80% of airbnb business is group trips. new tools make it easier. this includes shared wish lists and the ability to let the people you're traveling with. join the reservation that way travelers sees the same information from the host of out the grass out a check and had opened the door. that kind of thing. but the biggest wow, a new category called icons. whimsical places to stay inspired by famous movies, people and places airbnb recreated the house from the disney pixar movie up. it will be located in new mexico. if you're a fan of the movie, you're going to love this house. every single detail from the pictures to the chair lift is just as you remember from the movie other experiences, including x men, mansion in we

know that airbnb has referred them to arbitration.er was probably the most neurotic like, overlord -- she is probably going to sue me. the -- what is the word that means totally -- the fantastical things that she expected of people who are in her house for a night or whatever were off the charts. here is the best part. she claims that he came over with more than six people and they were loudly cussing in the driveway having a party and that the neighbors complained and called over. he says i only had one just. that lady. so all we have to do is pull the neighbors and look at the call records and see who is in the right and sickly, or alaska see those she e-mailed his wife with -- via a fake e-mail account with his name in it and said, i love -- i left your back in the subject line. so this lady is so crazy, there needs to be a separate criminal charge for insanity. >> and you are a lawyer. so i will take your word for it, lawyer lady. i love how you cannot think of a word and it turned out to be fantastical. >> kat: i like that. >> gr

dana: airbnb will restart its experience business.ike removing thousands of what it would describe as low-quality listings and trying to improve the fundamentals of the platform. now that it feels it has done that it is focused on amenities that can help it better compete with traditional hotels. something the broader travel industry has seen is travel demand has been soft lately, but demand has remained pretty strong at the high end of the market. a seems like some amenities are chasing consumers that have more disposable income and are less afraid to book travel further in advance. invest in these costly trips and perhaps add on fun extras. sonali: a lot of people are looking at -- find my next place to go, get around a new location, maybe it will figure out a place i want to go that i did not know i wanted to go. if airbnb does not do this, do they risk being obsolete many years down the road if they do not get ahead of competing with generative ai? dana: generative ai is on the mind of airbnb executives. they have been open about