Published January 29, 2021
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Co-founder and CEO of popular US trading app Robinhood
Vladimir Tenev has been absolutely roasted on national television after his company restricted trading of GamStop shares during this week’s wild growth.
To put it simply, Robinhood is a super easy trading app that a whole lot of regular folk (in the US – it’s not available in Aus) use to trade stocks. So naturally, they’ve found themselves at the centre of the GameStop situation because everybody has hopped on board to make a quick trade.
CEO Brian Chesky says Airbnb stopped being a hands-off platform earlier than other tech companies because customers got physically hurt tsonnemaker@businessinsider.com (Tyler Sonnemaker)
Airbnb ditched hands-off moderation earlier than rivals, CEO Brian Chesky told Bloomberg Thursday.
The company addressed issues more quickly because customers got physically hurt, Chesky said.
Chesky also explained why Airbnb has responded more strongly to racism and the Capitol attacks.
Popular Searches At Airbnb, we learned lessons earlier than big tech companies, because we had people getting their homes trashed, we had people getting physically hurt or worse, Chesky said. We started realizing that we had to take more responsibility for the activity on our platform, if for no other reason, to keep people safe. That s a very good reason to do that, and so we ve been doing this for a very long period of time, he added.
The company addressed issues more quickly because customers got physically hurt, Chesky said.
Chesky also explained why Airbnb has responded more strongly to racism and the Capitol attacks.
Airbnb CEO Brian Chesky threw a bit of shade at other tech platforms on Thursday, telling Bloomberg s Emily Chang his company learned quicker than its larger rivals about how to tackle bad behavior. At Airbnb, we learned lessons earlier than big tech companies, because we had people getting their homes trashed, we had people getting physically hurt or worse, Chesky said. We started realizing that we had to take more responsibility for the activity on our platform, if for no other reason, to keep people safe. That s a very good reason to do that, and so we ve been doing this for a very long period of time, he added.
Japan’s Don Quijote opens its first store in Taiwan
By Angelica Oung / Staff reporter
Don Quijote, the biggest discount store in Japan, is opening its first store in Taiwan today.
The three-story Don Don Donki store in Taipei’s Ximending (西門町) area, which operates 24 hours a day, has already created 400 jobs, the Ministry of Economic Affairs (MOEA) said in a press release.
Many Taiwanese, including Taipei Deputy Mayor Vivian Huang (黃珊珊), consider a trip to Don Quijote an essential stop in Japan.
Department of Investment Services Director-General Emile Chang, second left, Pan Pacific International Holdings Corp head of Hong Kong, Taiwan and Macau business Mitsuyoshi Takeuchi, center, Taipei Deputy Mayor Vivian Huang, second right, and other guests attend an opening ceremony of Japanese discount retailer Don Quijote’s first store in Taipei, Don Don Donki, yesterday.