Airbnb approves 2-for-1 private stock split as share value rips higher, report says


  • Airbnb’s board has approved a 2-for-1 private stock split as the value of its shares has ripped higher, Bloomberg reported.
  • The stock split, which comes into effect on Tuesday, would make it easier for retail investors to participate in the company’s initial public offering because of the lower cost of each share.
  • The value of the home-rental app’s privately-held shares have climbed 10.4% since the end of the second-quarter.
  • Airbnb plans to raise roughly $3 billion through its IPO in December, giving it a valuation of more than $30 billion.
  • Visit Business Insider’s homepage for more stories.

Airbnb has approved a 2-for-1 stock split for privately held shares ahead of its initial public offering slated for December, Bloomberg reported on Sunday.

The home-rental app told some of its shareholders in an e-mail that beginning Tuesday, they will receive two shares for every one

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Business Rules Management Market Research Report by Component, by Industry, by Deployment – Global Forecast to 2025

Business Rules Management Market Research Report by Component (Service and Software), by Industry (Aerospace & Defense, Automotive & Transportation, Banking, Financial Services & Insurance, Building, Construction & Real Estate, and Consumer Goods & Retail), by Deployment – Global Forecast to 2025 – Cumulative Impact of COVID-19

New York, Oct. 27, 2020 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Business Rules Management Market Research Report by Component, by Industry, by Deployment – Global Forecast to 2025 – Cumulative Impact of COVID-19” – https://www.reportlinker.com/p05913695/?utm_source=GNW

The Global Business Rules Management Market is expected to grow from USD 951.41 Million in 2019 to USD 1,782.10 Million by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 11.02%.

Market Segmentation & Coverage:
This research report categorizes the Business Rules Management to forecast the revenues and analyze the trends in each of the following sub-markets:

Based on Component, the Business

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Butane Market Research Report by Application – Global Forecast to 2025

Butane Market Research Report by Application (LPG, Petrochemicals, and Refineries) – Global Forecast to 2025 – Cumulative Impact of COVID-19 The Global Butane Market is expected to grow from USD 56,565.

New York, Oct. 27, 2020 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Butane Market Research Report by Application – Global Forecast to 2025 – Cumulative Impact of COVID-19” – https://www.reportlinker.com/p05913696/?utm_source=GNW
18 Million in 2019 to USD 80,171.63 Million by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 5.98%.

Market Segmentation & Coverage:
This research report categorizes the Butane to forecast the revenues and analyze the trends in each of the following sub-markets:

Based on Application, the Butane Market studied across LPG, Petrochemicals, and Refineries. The LPG further studied across Auto-fuel, Chemical & Petrochemical, Industrial, Refinery, and Residential & Commercial.

Based on Geography, the Butane Market studied across Americas, Asia-Pacific, and Europe, Middle

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Cables & Accessories Market Research Report by Voltage, by Installation, by End-User – Global Forecast to 2025

Cables & Accessories Market Research Report by Voltage (High Voltage, Low Voltage, and Medium Voltage), by Installation (Accessories, Conductors & Cables, Submarine Cables & Accessories, and Underground Cables & Accessories), by End-User – Global Forecast to 2025 – Cumulative Impact of COVID-19

New York, Oct. 27, 2020 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Cables & Accessories Market Research Report by Voltage, by Installation, by End-User – Global Forecast to 2025 – Cumulative Impact of COVID-19” – https://www.reportlinker.com/p05913700/?utm_source=GNW

The Global Cables & Accessories Market is expected to grow from USD 131,516.85 Million in 2019 to USD 160,726.51 Million by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 3.39%.

Market Segmentation & Coverage:
This research report categorizes the Cables & Accessories to forecast the revenues and analyze the trends in each of the following sub-markets:

Based on Voltage, the Cables & Accessories Market studied

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Report: Apple won’t announce a streaming TV service at WWDC

Don’t cancel your cable subscription just yet.

Apple’s subscription TV service won’t be announced at WWDC, Re/code is reporting. According to unnamed sources, the official announcement of the highly anticipated new add-on to Apple TV has been pushed back because licensing deals for local programming have not been finalized.

Apple originally wanted to announce the TV service at WWDC next week in order to start building up hype. Apple TV’s subscription service was slated to launch in early fall to coincide with TV broadcast’s premiere schedule. It now looks like TV fans eager to join the cord-cutters club will have to wait until later this year (or maybe even early 2016!) to subscribe to Apple TV’s web service.

Despite the delay and negotiations pending, TV executives are looking forward to partnering with Apple. Just last week, CBS CEO Les Moonves told the audience at the Code Conference that he’s “pretty

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Facebook Prepares Potential Emergency Measures for the Election: Report

In preparation for possible unrest related to the election, Facebook is planning for a potential rollout of internal tools designed to slow the spread of misinformation in “at-risk” countries, according to a new Wall Street Journal report.



Mark Zuckerberg wearing a suit and tie: Mark Zuckerberg testifies before the House Financial Services Committee in October 2019. Getty Images


© Getty Images
Mark Zuckerberg testifies before the House Financial Services Committee in October 2019. Getty Images

While executives have stated that they would only enact such a plan if something as serious as election-related violence were to occur, the measures reportedly include “slowing the spread of viral content and lowering the bar for suppressing potentially inflammatory posts,” as well as

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“tweaking the news feed to change what types of content users see.”

In the wake of the platform’s decision to slow the spread of spuriously sourced New York Post reports on Hunter Biden’s business connections in Ukraine, a potential platform-wide action to slow misinformation would certainly amplify Republican complaints of

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Samsung shares rise on news of Chairman Lee Kun-hee’s death: report

SEOUL – Shares in Samsung Electronics Co Ltd and affiliates rose on Monday after the death a day earlier of Chairman Lee Kun-hee sparked hopes for restructuring and stake sales, analysts said.

SAMSUNG UNVEILS NEW DEVICES, TEASES NEXT FOLDABLE SMARTPHONE

Investors were betting that such measures would be needed to pay a hefty inheritance tax, estimated around 10 trillion won ($8.9 billion) for stockholdings alone, although analysts were divided on which moves were most likely.

Shares in Samsung C&T and Samsung Life Insurance rose as much as 21.2% and 15.7% respectively, while shares in Samsung BioLogics, Samsung SDS and Samsung Engineering also rose.

Stocks in this Article

“The inheritance tax is outrageous, so family members might have no choice but to sell stakes in some non-core firms” such as Samsung Life, said NH Investment Securities analyst Kim

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Report: Databricks is plotting the next big software IPO

Big data analytics and machine learning company Databricks Inc. is planning to make its stock market debut in the first half of next year, according to a report late Friday in Bloomberg.

Unnamed sources with knowledge of the matter told Bloomberg that Databricks has already held talks with banks over an initial public offering, though it has not yet hired any underwriters. The report adds that Databricks’ plans could still change.

Led by co-founder and Chief Executive Ali Ghodsi (pictured), Databricks is best known for its Unified Data Analytics Platform that’s based on the open-source Apache Spark big-data framework. Companies use Databricks’ software to build information pipelines across siloed storage systems, analyze that data and then prepare labeled data sets that can be used to train artificial intelligence and machine learning models.

In addition, Databricks’ software comes with collaborative features that help to foster better communication between data scientists and

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Facebook Preps Potential Election Emergency Measures: Report

Mark Zuckerberg testifies before the House Financial Services Committee in October 2019.
Photo: Getty Images

In preparation for possible unrest related to the election, Facebook is planning for a potential rollout of internal tools designed to slow the spread of misinformation in “at-risk” countries, according to a new Wall Street Journal report.

While executives have stated that they would only enact such a plan if something as serious as election-related violence were to occur, the measures reportedly include “slowing the spread of viral content and lowering the bar for suppressing potentially inflammatory posts,” as well as
“tweaking the news feed to change what types of content users see.”

In the wake of the platform’s decision to slow the spread of spuriously sourced New York Post reports on Hunter Biden’s business connections in Ukraine, a potential platform-wide action to slow misinformation would certainly amplify Republican complaints of censorship. In a company-wide

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The Investing Online Report – ROFX to go Public in 2021: Announces IPO

What is ROFX

ROFX was started in 2009 by a group of expert software developers and forex traders who were looking to launch an automated trading platform.
ROFX was started in 2009 by a group of expert software developers and forex traders who were looking to launch an automated trading platform.
ROFX was started in 2009 by a group of expert software developers and forex traders who were looking to launch an automated trading platform.

Austin, TX , Oct. 24, 2020 (GLOBE NEWSWIRE) — As per the The Investing Online Report, volatility in the forex market is nothing new as it is regarded as one of the most volatile markets in existence. The global forex market is an ideal place for traders who like volatility, which makes the perfect opportunity for ROFX technology users to profit. 

ROFX which is a reputed name among online trading platforms, recently not announced that the company is planning to go public in 2021 via an Initial Public Offering.  But the news of this IPO has broken the

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