Tag Archives: business

Airbnb’s Olympics Push Could Help It Win Over Paris

Search for Airbnbs in Paris in late July and you’ll be offered options ranging from a tiny studio with glimpses of the Eiffel Tower for $167 a night up to a stunning luxury apartment steps from the Champs-Élysées for nearly $3,500 a night. The company is also offering two lucky …

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AI Is Coming for Big Tech Jobs—but Not in the Way You Think

Aaron Damigos’ inbox was hit with a dreaded, ubiquitous business-update calendar invite on June 3. The meeting included someone from HR, his manager, and upper management—and ultimately resulted in the sudden end to his job as a web support associate with Microsoft. Microsoft reportedly laid off some 1,000 people in …

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Banks Are Finally Realizing What Climate Change Will Do to Housing

Rising sea levels, biodiversity collapse, extreme weather—these are the grisly horsemen of climate apocalypse. But don’t forget the fretting loan officers. A study published earlier this year found that US mortgage approvals tend to dip following periods of hotter-than-normal weather. For every 1 degree Celsius that temperatures rise above average, …

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Orkut’s Founder Is Still Dreaming of a Social Media Utopia

In 2004, a month before Mark Zuckerberg launched Facebook from his Harvard dorm room, another social media site landed on the internet with a splash of hot pink. If you were online in the mid-2000s, you might remember Orkut, with its lurid logo, fingernail-sized profile pictures, and text-heavy, pastel-blue feeds. …

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No Matter How You Package It, Apple Intelligence Is AI

While companies like Google, Microsoft, Amazon, and others had been upfront about their efforts in AI, for years Apple had been silent. Now, finally, its executives were talking. I got an advance look one day. Eager to shed the the impression that the most innovative of the tech giants was …

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