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Ahead of Airbnb’s expected initial public offering next year, the home-sharing startup announced more than $1 billion in revenue during Q3 2018. Airbnb says this was its strongest quarter to date, where it saw “substantially more” than $1 billion in revenue. Airbnb, however, has been without a permanent chief financial officer since February, when Laurence
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Sheryl Sandberg has denied that she obstructed early investigations into election meddling and claimed that she was unaware Facebook was involved with an agency that ran “abhorrent” anti-Semitic campaigns that targeted George Soros, among others. Facebook, the world’s largest social network, with more than 2.2 billion users, spent Thursday doing its best to fight a media relations forest
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Today in call with reporters preceded by a frantic if fairly uneventful distraction-pushing media blitz, Facebook responded to a damning New York Times story published yesterday that cited interviews with more than 50 sources privy to Facebook’s decision making. The call kicked off with the operator’s suggestion that Facebook is “happy to take a couple
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As large organizations grapple with adopting modern work practices without throwing out all of their legacy software, a company that works with them is making an acquisition that it hopes will help with that process. Citrix today is announcing that it has acquired Sapho, a startup that develops “micro apps” for legacy software so that workers
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Facebook is facing calls to conduct an external investigation into its own lobbying and PR activities by an aide to billionaire George Soros. BuzzFeed reports that Michael Vachon, an advisor to the chairman at Soros Fund Management, made the call in a letter to friends and colleagues. The call follows an explosive investigation, published yesterday
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