airbnb is there for them.et to a listing and it is not what they wanted, not as advertised, they've got someone to reach out to. emily: you have a national security background. you are deputy chief of staff of the caa during the obama administration. i am curious how that experience informs what you are bringing to airbnb, and how you might complement something brian chesky might think. nick: that's a great question. airbnb is filled with the most optimistic people in the world. brilliant, and also very optimistic. i come from a background in and bring a different light to that. i am way more cynical, because of the previous experiences i have had. but i think a healthy dose of cynicism matched with the optimism and brilliance that most of our engineers and project managers bring to the table is a good partnership. emily: hotel lobbying groups are upping their attacks on airbnb. there is a recent ad connecting the platform with terrorists. how do you respond? nick: it is disgraceful and despicable. i know peop

airbnb are being very proactive.hey deleted some people's reservations because they cross referenced their user names with what they were saying on social media sites. emily: let's start with the content sites like facebook. some of these white supremacy groups have been using facebook to organize events. they have been using facebook for the purpose of coming together. i spoke with keith rabois about whether content companies should be policing content, even if it is not the content. nazi content.is >> there are some constraint about content, particularly inciting violence, but outside of that, it is a difficult place to be. i don't think companies can censor content legally or prudently. i don't think content should be censored. emily: even if it is nazi content he is saying these , companies should not censor it. where will they draw the line? sarah: right now it is subjective. that is one of the problems with policies, is they all happen behind closed do you understand. facebook says it has always had a very cons

airbnb was designed to build that trust. back at how we can leverage that new phenomenon, and that's when we came up with, it's about a hierarchy of needs. we need to build that trust. that mean, does because i know you are using technology to facilitate it? nick: absolutely. people need to feel safe. we need to -- we do another of things to do that. -- a number of things to do that . we background check hosts and guests in the u.s. . but just being safe is not enough. there are detailed profiles, there is a messaging system where you can learn more about each other, and there are reviews where you can look at previous history. on top of that, people need to know they are not alone. when they get to a listing and it is not what they wanted, not as advertised, they've got someone to reach out to. emily: you have a national security background. i am curious how that experience informs what you are bringing to airbnb, and how you might complement something brian chesky might think. nick: that's a great question. airbnb is fille

airbnb is there for them.o a listing and it is not as they want it or advertise, they have someone to reach out. about whatcurious you bring to airbnb from your previous experience? >> airbnb, the tech sector sharing economy is filled with some of the most optimistic people in the world. emily: exactly. >> brilliant and optimistic. i come from a background -- i bring a different light to that. i am way more cynical. because of previous experiences. , healthy dose of cynicism matched with optimism and brilliance is a good partnership. emily: the hotel lobbying groups are upping their attacks on airbnb. there is one recent ad connecting the platform with terrorists. had he respond? >> -- how do you respond? >> it is despicable. i know people who have lost their lives and to have an issue like that politicized to make a business point or to continue to price gouge consumers is hurtful. safety is the number one priority to airbnb. it is the thing we focus on the most. we do a number of things like background check

was the cofounder and chief strategy officer at airbnb.aid to be down the got let with a big-time investment in original programming. with other giants in the space will it be too little too late? you can listen on the bloomberg radio app, this is bloomberg. ♪ emily: amazon is selling bonds to finance the acquisition of whole foods. the online giant sold $16 billion of unsecured bonds in as many as seven parts. it is the fourth largest jumbo deal to date. apple is out to make a splash in hollywood. the tech giant plans to spend a billion dollars on original programming in the next. here that is according to people familiar with the matter. the company is creating a new l.a. based team. apple's comes amid intensifying efforts to compete with amazon and netflix with both already having solid footing in the space. --spoke with >> building a team in los angeles, they have an office there. they now have apple music there. from apple music they have been doing small things in television programming. couple karaoke. they have carved it aside. cas

we have been promoting airbnb in a number of countries. and australia were very ubiquitous. we are well known there. given investing in china. chinese travelers are going all around the world. the fastest-growing segment. the number one spenders on international travel. we are running a big campaign are now. growth in singapore and elsewhere is happening as a result of chinese travelers using airbnb to tour the world. >> you have airbnb wannabes, tied up with expedia -- today it has 450,000 listings and growing. you have become competing -- you have started competing. >> they have started focusing on domestic travel. our strength is international travel. we have been marketing airbnb for a way to chinese people to explore the world. none of the local competitors in china have that. we make sure we play to our strength and not engage in direct competition. >> are you adopting a different strategy compared to in asia compared to the u.s. and europe? it seems like airbnb is low-key on the side of the world. you are aggressive in your marketin

airbnb is there for them.get to a listing, and it is not what they wanted or as advertised they have someone to reach out. emily: you have a national security background. i am curious about how your experience informs to what you are bringing to airbnb, and how you can complement that? nick: great question. airbnb, the tech sector sharing economy is filled with some of the most optimistic people in the world. emily: exactly. nick: brilliant. and also very optimistic. i come from a background and bring a different light to that. i am way more cynical. it is because of the previous experience i have had. but i think a healthy dose of cynicism, optimismith the right that engineers bring to the table and brilliance is a good partnership. emily: the hotel lobbying groups are upping their attacks on airbnb. there is one recent ad connecting the platform with terrorists. how do you respond to that? nick: it is disgraceful and a disrespectful and despicable. i know people who have lost their lives. people have fought

and so this airbnb story was kind of a natural for you as a follow-up. how natural was it, and how did it come along? >> yeah. a lot of people ask me that. and, first of all, i need to say thank you to the core club for having us tonight in this lovely room, in this lovely setting. it's really wonderful, so thank you. and thank you, pattie, for saying yes. [laughter] the so the way i came to this idea, first of all, i do like documenting very big, seismic trend in the consumer zeitgeist that are rooted in economic data. that's what led me to write about this, we're moving away from the suburbs which was like a giant idea because the suburbs sort of were america for so long on so many levels. and so many years ago back in 2009, at "fortune" one of my job is the to edit the 40 under 40 list. and we're always getting these breathless pitches of these companies, and is you get a little bit, you know, used to these companies that sound like they're the next big thing, and next year they're nothing. somebody came to me and said, oh, no, everybody's talking abo

y telemundo 48 responde contact a airbnb.e su clienta, la compaÑa investig y acord no solo devolverle el resto del dinero, sino que le hizo un reembolso por la cantidad que eva haba pagado inicialmente de 575. es decir que sumado a los 466 dlares que ya haba recibido, en total nuestra televidente obtuvo mil 41 dlares. sot 00:18:58 bueno agradezco que ellos hayan aceptado su error y que nos hayan devuelto mas de lo que ya pagamos y este espero que ellos hagan mas al respecto de lo que ya mencionamos, que sus reglas sean mas claras y que haya un numero al que uno pueda llamar. airbnb sostiene que su servicio al cliente est disponible para los huspedes siempre que tengan un problema y que pueden llamar al 1-855-424-7262 o escribir un mensaje en la pagina es.airbnb.com/hel p arlen outro es importante que lea las reglas de cada hospedaje y si tiene una duda consultele al anfitrin antes de reservar y pagar. le agradecemos a eva por habernos contactado y si usted tiene una denuncia llame al 844-408-4848. take topvo / cesar --el mini

it does seem like airbnb is pretty low key.y aggressive in marketing strategies elsewhere. >> in every part of the world we are trying to partner with government. it is the new model. new policies have to be passed to realize the full potential of home sharing. we do that government by government. most recently we have seen success in japan. japan passed and international law saying, home sharing up to 180 days is now legal. it is a huge opportunity. japan has been our number destination in asia for a number one of years. haslinda: even in japan, it is a matter of implementation. that is still a work in progress. in singapore, they passed a law stating it is illegal to rent a place for less than six months. what is your take on the regulations across the board in asia, the differing regulations? it has to be a more competitive marketplace for you. >> it's not a simple topic. this will play out over time. we tried to be proactive and be a partner to government as much as possible. figuring out the right model and implementation

lot 00;05 00;12 00;22 02;09 arlen intro eva reserv un hospedaje por medio de airbnb pero al hacerlo dicee no apareca el costo del servicio de limpieza, pero se lo estaban cobrando despus. pkg sot eva vila 00:13:30 "eran unos condominios de tres recamaras y estaban permitido un maximo de 6 personas." eva y su esposo planeaban su paseo a lake tahoe con otras dos parejas de amigos y utiliz la aplicacin de airbnb para reservar el hospedaje para dos noches. en total pag 575 dlares. sot 00:15:01 eva "dos semanas despues de que se habia pagado y una semana despues de que se habia hecho el contrato les estaba cobrando extra? si. $175 extra por limpieza." eva le dijo a la dueÑa del hospedaje que no le pareca justo que no le haya informado que deba pagar 175 dlares extras antes de firmar el contarto . sot 00:01:02 "entonces ella simplemente nos responde que si no estamos de acuerdo nos puede regresar todo nuestro dinero." pero pasaron tres semanas y no reciban nada. sot 00:01:26 "le mandamos tres mensajes por medio de la aplicación y ella no contest." entonces llam a airbnb y les explic lo que ocu

how important is asia to airbnb? >> intra-asia travel is a big deal.ore, australia, be reviewed thickness -- we are very ubiquitous most well-known , known in those countries by the populations. we have been investing a lot to china lately. chinese travelers are going all around the world and they are the fastest-growing segment and number one spenders in international travel. we are running a big campaign right now. a lot of our growth in singapore and elsewhere is a result of chinese travelers using airbnb to explore the world. >> china in particular. -- have airbnb one of these expedia. tied up with today has over 450,000 listings and growing. you have been completing with best competing with more players. >> there is local competition in china. they are largely focused on the domestic travel. our focus has been on international travel. we have been marketing airbnb as a way for china to ask for the world. we have over a million homes in 91 countries. none of the local companies and china have that. we have made sure to play to our strengths and not

. >> airbnb continues to grow. you have homeaway.h your home runs a business, or to you have a long way to go to catch up with airbnb? mark: we are never happy with anything. we want our business to be significantly larger. this is a $100 billion of the vacation rental bookings, probably an understatement of the opportunity ahead. airbnb has done an exceptional job of creating awareness around the category and we are fortunate to be in the position where we have a business that is on a phenomenal trajectory to step up alongside airbnb. irish parents has been, there is all -- our experience has been there is always room for two. we think everybody will be a success and also homeaway will be a success -- airbnb will be a success and homeaway will be a success. >> title would you characterize competition from priceline and its intensity? mark: it has been intense for the last 15 years, since the beginning of our competition. -- toct that continue continue. no major change, priceline, booking.com, exceptional companies and we have the ut

usinge travelers are airbnb to travel the world. airbnb one of these.re are listings and drawings. you been competing with more. nathan: there is more competition in china. 10, our strength has been international travel. we are marketing airbnb is a way for chinese travelers to explore the world. though of the local competitors have that. make sure we play to our strength and don't engage in any direct opposition. >> are you adopting a different strategy in asia compared to u.s. and europe? it seems like you are low-key. you are pretty aggressive elsewhere. nathan: in every part of the world, we are trying to partner with the government area new policies have to be passed to realize the full potential about home sharing. we do that government by government. just passed a new law saying home sharing up to 180 days is legal. they have been our number one destination in asia for number of years. >> it's a matter of implementation. singapore, they recently passed a law stating it is illegal to rent a place for less than six months. what is your taken the re

airbnb says asia represents the biggest opportunity on the planet.with the chief strategy officer. >> intra-asia travel is a big deal. and inubiquitous in asia singapore and australia. we have been investing a lot in china. chinese travelers are going all around the world. it's the fastest growing segment. we are running a big campaign over there right now. a lot of our growth in singapore and elsewhere is happening as a result of chinese travelers using airbnb to explore the world. inlinda: with chinese particular, you have 450,000 listings -- listings and growing. you have been competing with more players. >> there is local competition in china. they are largely focused on domestic travel. our focus placed to our strength, which is international travel. we are marketing airbnb has a way for chinese to explore the world. none of the local competitors in china have the numbers. we had played to our strengths and not engage in any direct competition. haslinda: are you adopting a different strategy compared to the u.s. in asia? seems like you have been

the fourarketed airbnb travel.b for >> are you adopting a different strategy in asia compared to theand europe because it seems like every of the is pretty lucky in this part of the world and aggressive elsewhere. >> in every part of the world, government.ng with new models have to the past and we do that government by government. we have seen a big success in newn were to have passed a national law for home sharing is now legal. japan has been our number one destination in asia for a number of years. >> it a matter of implementation. if you dig a look at singapore, it passes all saying that it is for lesso rent a place than six months. what is your take on the regulations across the board -- the differing regulations? >> it is not a simple topic and i think this will play out over time. we try to be as proactive and be a farmer -- via partner to government by figures out the right model. it is not a one and done situation. i'm sure things will continue to involve even singapore. profitability last year. how does it contribute going toward? >> is eight. asia has been the fastest grow

and the concerns around those changes are things like airbnb, people letting up their places on airbnbordability of residence. i am trying to understand the impact that airbnb empoli can have, especially in places with limited accommodation and regulated rental markets. barcelona, berlin, san francisco are some of the highlights in terms of impact but it definitely spreads of a wider area. taleb rifai, what is your reaction to these protests? it's very sad to see that happening, simply because while i agree very much with the professor, we are now because of our inability to manage the situation and make tourism growth a sustainable one, we are sacrificing all the good things that can happen and come out of tourism, the jobs, the benefits, can happen and come out of tourism, thejobs, the benefits, in can happen and come out of tourism, the jobs, the benefits, in return for mismanagement. i am fully convinced it is an issue of management and it could be sold. i completely agree with the professor that the cruisers are aggravating the situation in a very great man, but it is not tourism

and airbnb is costing an average of about $120 a night.these people smaller towns are seeing an opportunity to make a little bit of money and show off their town. olivia zaleski will be watching the partial eclipse through her glasses. these are courtesy of google. a lot of laces that seldom are sold out. put them on. >> you keep making the puppies on. >> because i like it. >> total eclipse of the heart singer bonnie tyler will be singing on a cruise that is on the path of totality. ♪ track your pack. set a curfew, or two. make dinner-time device free. [ music stops ] [ music plays again ] a smarter way to wifi is awesome. introducing xfinity xfi. amazing speed, coverage and control. change the way you wifi. xfinity. the future of awesome. 3:00 p.m. in new york, 12:00 p.m. in san francisco. i am julie hyman. scarlet: i am scarlet fu. welcome to "bloomberg markets." we are live at bloomberg world headquarters in new york. here are the top stories we are covering on the bloomberg and around the world. the latest developments in the terror at

. >>> coming up, airbnb is canceling accounts. we will show you how the company responded to a rally and the people trying to book a place to stay. >>> coming up, a couple bought a private street any wealthy neighborhood for less than $100,000. how neighbors let it slip through their fingers. ♪ [brother] any last words? [boy] karma, danny... ...karma! [vo] progress is seizing the moment. your summer moment awaits you, now that the summer of audi sales event is here. audi will cover your first month's lease payment on select models during the summer of audi sales event. keeping up. it takes hard work, tight budgets and a little support. and pg&e is ready to do our part. our care program can save you 20% or more on your monthly bill. it just takes a few minutes to apply and you'll see the savings on your next bill. when having a little extra can mean a lot ...turn to care. go to pge.com/care and enroll today. >>> welcome back to mornings on 2. >>> we could hear opening statements in a trial involving taylor swift and reformer colora

>> because airbnb is a distribution model we use airbnb, home away for our shoulder season rental distribution but we're on the ground, feet on the ground in markets like denmark and holland and the uk where we provide services to the owner of the home, village, cottage. and that's a full service approach that's different than just the listing approach. >> i think that when we've had marriott vacation on, i try to get people to understand that these time shares are sold it isn't like naturally someone picks up and says, i want a time share. why does it have to be sold when it could be a great economic benefit? >> that is the ultimate goal, jim, you're absolutely right that's what we would love to get to, that somebody decides they want to buy a time share and go out of their way to find it. historically the way the business has been built, we bring people in to learn about the product, teach them about time share and they get interested and they buy. as i said, 50% of the people buy more so it's a great experience they enjoy it. it's that getting their foot in the door and the purchase price i

genie: the french government's tax -- promising an eu wide plan for companies like airbnb. >> it wasiscovered that the rental site paid less than 100 euro's in taxes last year. proposalranco german on taxing multinationals like airbnb, google and facebook would be put to an eu summit in september. the goal is to ensure these firms pay a fair contribution in tax on the business they do in france. removed its first non-danish ceo after just eight months on the job. he will be replaced by the former chief of a danish industrial group. the chairman said his short time on the job wasn't a performance issue. in china have launched a complaint against apple, accusing of anti-competitive behavior. they've used the iphone maker of abusing its controlled the app store to live the high charges for purchases made. regulators will now investigate the claims. apple says it hasn't broken any laws. a telecom giant continua bid for america's second-largest cable operator. the deal could value charter at as much as $185 billion. it has been making the wave of acquisitions in recent years. despite cont

the cofounder and chief strategy airbnb says asia is the company's biggest opportunity.obe theas fastest-growing region. this has been a story now for three years. it's been our top region. if you look at all the industry numbers, it is the biggest opportunity on the planet. reporter: the chinese businessman has taken charge of the english premier football club in southampton. he had agreed to take an 80% stake in the club. his daughter will also become a partner, alongside the existing swiss owner. that is your bloomberg business flash. anna: thank you. now, the u.k. government wants to maintain tariff free trade with the european union after brexit. a series of papers aimed at fleshing out the brexit plan. eu said it would seek for a close relationship with the u.k. manus: meanwhile, the u.k. cpi data will likely show that it will fall back in and annual inflation last month was a blip with the weak pound continuing to add pressure. let's get the thoughts of nicholas gartside. summer is over, big ben is silent for our years. but inside westminster, there's a lot of cha

airbnb stepping up to help evacuees find shelter. talk to the head of relief as the final hour of "squawk box" begins right now. >>> live from the most powerful city in the world, new york, this is "squawk box. >>> good morning and welcome back to "squawk box" here on cnbc, live from the nasdaq marketsite in times square i'm joe kernen along with mike santoli and kelly evans. becky and andrew are off today stocks around the globe are lower. but recovering here a bit after north korea launched a missile that passed over japan before landing in the pacific ocean the white house just out with a statement. the world has received north korea's latest message loud and clear. this regime has signaled its contempt for its neighbors, for all members of the united nations, and for minimum standards of acceptable international behavior threatening and destabilizing actions only increase the north korean regime's isolation in the region, and among all nations of the world. all options are on the table u.s. equity futures, we'll take a quick look

>>or his treehouse on airbnb. a night will cost you back 150 bucks. it includes coffee in the morning. >> unique things do well on airbnb. it's a lot of work to maintain it. >> reporter: he says they do all the work and all the guests have to do is sit back and relax. in standardsville, amy cho, news4. >> there are five others listed in virginia and dozens throughout the country. >> you can read more about the treehouse hotels in our area in this month's issue of the washingtonian amazing, very cool. and coffee. >> all i need. >>> time now, 8:56. a look outside at the capitol wheel. off to a nice start but storms won't be gone too long. how showers might dampen the weekend plans. >> reporter: and early morning crash in the northeast, one >>> "news4 today" starts now. >> deadly crash and a close call right now "news4 today," a violent crash and damage that could have been much worse. >>> major impact on your weekend travel plans, two big projects from metro and how you can get around all that mess. good it feels like holiday shopping. how you can save

making it a cultural center for the bhutanese and doing airbnb. airbnb are getting more popular. on the other hand, we do have people that rent out their house for parties. four, like, 150 people, for weddings and events. i think in the zoning code, most people would agree it is probably not reasonable in single family neighborhood to have 150 people regularly hanging out in your front yard. but in airbnb, where you have two people and they're eating breakfast with your dog is probably okay. so how do we navigate that and arm and in a regulatory fashion? another thing, even in the city like akron, where traffic congestion is pretty much nonexistent -- certainly by d.c. or any other coastal standard. mayor, who i worked for, has -- our mayor, who i worked for, has been really progressive with the idea of doing what we call road diet. so taking streets and roads that were built for far more traffic than they carry. great thing another luxury we have, all we need to do is take paint. we can turn that four lane road into a three lane road with bike lanes. it's pretty easy to do. we w

. >>> airbnb are offering a special trip for the solar eclipse in a few weeks.t a night of camping under a dome. the next morning, they hop on a private jet, fly out to the pacific ocean, path of the eclipse as it reaches land, two minutes of splendor. you can sign up on the airbnb website. >>> starting today, star bucks is offering free drinks from 2:00 and 5:00 p.m. they're doing a buy one, get one free on macchiato drinks. that's wusa9 at 5:00. the news at 5:30 starts now. ♪ [ music ] >>> a man is on the run right this moment after trying to kidnap a little girl walking her dog. this all happened last friday in woodbridge. a dog bite might have saved that child's life. >> neighbors still in shock that a little girl was almost snatched off the street. >> yeah. a 10-year-old girl. >> reporter: police say she was walking her dog here at wynn court when some guy walks up, and grabs the little girl's arm. >> she ran i guess the dog chased or something like that. chased the guy, and she got away. >> reporter: police say the man ran away, after the little girl's dog

, -- using airbnb, there are growing.r company, today has over 450,000 listings and growing. you are a company with more flair than them. >> there was a lot of competition in china, focused on the mystic travel. our focus has been on international travel. we have been marketing airbnb for the weight for the chinese to explore the world and we have over a million homes in 21 countries. none of the local homes and china -- none of that local companies and china have that. we try not to engage in any direct competition. >> a lot of chinese companies have obviously in the last few years, rushed to buy overseas land and assets may be getting around. some of the capital controls that were in place. do you have such ambitions. s. the want to use that to buy overseas brands? our main focus is on the chinese markets. we have been actively looking for good opportunities over's these but we will only consider mergers and acquisitions in the same sports as business rather than crossing over into irrelevant industries. i believe there

so let's take a look at the pros and cons of using airbnb. here we go.p among the wildlife and critters by renting a house in the woods. con, or by staying at any motel 6. wait a second. [ laughter and applause ] >> steve: they're not an airbnb. >> jimmy: pro, renting your out to strangers is a good way to make some extra money. con, which you'll need to replace all yourto [ laughter and applause ] at least you can break even. you could only hope for that. pro, staying in a historic old mansion in washington, d.c. con, noticing trump left a a review calling it a dump. [ laughter ] >> steve: wait. [ applause ] wait a second. >> jimmy: "can i lick it?" yes, you can. [ laughter ] pro, saying good night to your girlfriend. con, hearing the homeowner say, "good night," from under the bed. >> steve: okay, that's not good. [ laughter and applause ] "i'm watching you." >> jimmy: pro, their slogan is, "book unique homes and experience a city like a a local." con, which is much better than the original, "stay in a a stranger's house and hope you don't see too many

i think airbnb is fulfilling a need that people like to have another experience.t we see is that in the current model, where online has such a dominant position, guests don't get the right experience nor the right service level, letter in the right service level, letter in the value for money they would have got if the middleman hadn't had such a dominant position that they currently have. i can see the benefit of a hotel chain using your site, they can speak to their customers directly, they know who they are, what type of room they want, all those sorts of things. but from a traveller ‘s point of view, what difference does it really make? the convenience of a third—party site means you've suddenly got a whole array of hotels to book from. yes. there are maybe two things to say to that. first of all, extensive research shows that most people do look around on the booking platforms, but still the majority goes directly to the hotel website for more information. the interesting fact is 99% of those people will leave that website without making a booking because the

. >>> and airbnb is pulling no punch when's it comes to fighting racism, the specific accounts being deactivated and why. >>> it's 6:06 in the morning, thanks for joining you. thanks for joining you. a live look at the bay bridge ♪ ♪ isaac hou has mastered gravity defying moves to amaze his audience. great show. here you go. now he's added a new routine. making depositing a check seem so effortless. easy to use chase technology, for whatever you're trying to master. isaac, are you ready? yeah. chase. so you can. >>> now your accuweather forecast with mike nicco. >> let's talk temperatures. about 61 to 64 in the south bay where are san jose 63, up in the hills 54 in los gatos, you can see mid-50s to low 60s just about everywhere this morning. here's your small craft advisory, same area, same time frame as yesterday, 1:00 this afternoon to 110 this evening. breezy and shoppy. morning so watch out for the his drizzle. on the bay it's breezy, strong sunshine in you're exercising. at the coast mostly cloudy today. if you're around tahoe this weekend looks like sunshine but today a whole l

] >> seth: have you had bad experiences on airbnb? soon as someone lets me stay with them, i'll let you know. [ audience ohs ] [ laughter ] i'm fine, i have a house. [ laughter ] >> seth: according to a recent study, the average number of guests at a lesbian wedding is 87. >> it's two brides and 85 ex-girlfriends. [ light laughter ] >> seth: jenny, what's a lesbian wedding like? >> well, it's just like a straight wedding, except instead of rice you throw power tools. >> seth: oh, cool. [ light laughter ] a virginia teenager recently became the first african american boy to be named valedictorian of his high school. >> but he'll still be tried as an adult. [ audience oohs ] [ laughter and applause ] >> seth: if it was up to them, you'd lose that house. [ laughter ] >> i meant apartment. [ laughter ] >> seth: i was going to say. [ laughter ] i know what i pay you. [ laughter ] a new study claims that millennials are having a hard time saving money because they're eating out too much. >> "no such thing," said lesbians. [ laughter and app

homes along the path of totality have registered on airbnb with 50,000 incoming guests.r times the number of of last year. handle the load. after facing backlash of canceling reservations. nest is letting customers use their stats to help save energy by precooling homes. all in all, the eclipse could disrupt productivity across the country totaling $7 million. it will also test the nation's power grid. a bloomberg report estimates that the eclipse could knocked down 9000 megawatts of power. that is equivalent to nine nuclear reactors, powering 7 million homes. more grids across the country will have to pick up the slack doing this event. mark: that was emily chang reporting. for more on the eclipse we will bring you pictures across the day today. 2:30 p.m. eastern time today. aboutmiss lynn, talking how this will test the power grid for the first time since the rise of renewable energy. treasury face-off against vulnerability in sterling. this is bloomberg. ♪ vonnie: it is time now for our global chart. we take a look at telling charts of the day and what they mean for i

our airbnb is probably maybe five or eight blocks away from placa catalunya.h. >> yeah, you okay? >> caller: we're just going to stay inside, i think. we're okay. it was scary. >> yeah, well, i'm glad you're okay and i'm sure it was very, very scary. the last thing you obviously kneaded to be an eye-witness to was a terror attack right in the heart of beautiful barcelona, spain. ella, thank you so much for sharing your eye-witness account with our viewers here in the united states and around the world. you know, evan, you're monitoring local media in barcelona. what else are you picking up? >> reporter: radio tv espana, which is the public broadcaster there is now among the media reporting that at least one person has been detained. one person was arrested. it appears to be the same person that some of the other local media, including "el pais" the major newspaper there in spain was reporting that was arrested and was detained at the scene there. this is a person, according to the local reports, who may have rented the van that was used in this attack. again,

tech companies from google to airbnb are watching ways to watch the spectacle like never before.an francisco, it is not the ideal place to watch the effect of the total eclipse. to see that, you need to be along the path of totality, a 70-mile wide, 3000-mile swath that will go across the country. nasa pilots have the mission to chase the darkness in retrofitted jet planes. the jets have to capture the clearest images of the corona, atmosphere and thermal images of mercury. for those not going supersonic, there are other ways to watch. google is partnering with mystery science to hand out 14,000 pairs of these glasses to make it safer kids and teachers to watch. because, as nasa will remind you, it is dangerous to try to look at the eclipse through home and lenses. for those not in the path of the eclipse, they can get a look through google er. amazon is waging a war on fakers try to pass on glasses that could damage the eyes of unsuspecting shoppers. the company has gone as far as issuing any mel warning and issuing refunds to customers -- an email warning and issuing refunds to

turned this into a business opportunity. >> we talked to airbnb -- there were thousands of people alonged homes. in some instances, for the first time. remember the exact number, they had a surgeon listings. people were wanting to be there. if yot ofty. >> there were some folks in idaho who spent a lot of money and it rainednd yet they were still happy about the experience. experience,l-around i guess, to commune and watch. looki at people in the path of totality. >> people throwing parties. tech's tomplane and bloomberg giles there. we will bring you all the latest tech throughout the week. remember, all episodes of bloomberg tech are live streaming on twitter. check us out on weekdays. that is all for now. this is bloomberg. ♪ >> >> how today's nba stars are learning to score as tech investors. while donald trump is busy in the white house, his sons are running the family business like dad. oliver: that ahead, on bloomberg businessweek. at the

. >> news4's amy took a trip at standardville to look at a new hotel on airbnb. >> reporter: at first glance white lotus retreat looks an awful lot like your average hotel. you have your shower, your air-conditioning, television, shampoos, all the amenities you'd expect. but if you step outside, you'll find this ant your average hotel at all. it's in fact a treehouse suspended 24 feet above the ground on nothing but wooden stilts. >> people like to swing here as well. >> reporter: david vanderbilt owns the place and designed it himself. he wanted a way to sleep under the stars. >> it's nice to come back home to a place like this. >> i'm passionate about people coming and enjoying here. >> reporter: he's been listing it on airbnb and a night will cost you 150 bucks. >> it's a lot of work and takes a lot of work to maintain it. >> reporter: he says they do the work. all the guests have to do is sit back and relax in standardsville. aimee, news4. >> i'm in. looking outside at 76 degrees. clouds are starting to break up a little bit. we will get a break from the rain but not too long. che