Key Words: In the magical world of Airbnb, ideals still trump earnings

At their beginnings, tech companies birthed in Silicon Valley often talk in world-changing ideals—don’t be evil, move fast and break things, make juice easy—only to bow later to Wall Street’s thirst for quarterly returns. Airbnb, it seems — at least according to an open letter published Thursday by company co-founder and CEO Brian Chesky — … Read more

The Margin: Everything coming to Netflix in February — and what’s leaving

The new year has so far been a blockbuster for Netflix Inc. The streaming giant NFLX, +3.23% reported fourth-quarter earnings that exceeded Wall Street expectations, thanks, in large part, to outsized subscriber growth that apparently surprised even Netflix executives. The company’s shares skyrocketed and pushed Netflix’s market value above $100 billion. Then Netflix garnered its … Read more

Trump Today: Trump Today: President threatens to withhold aid until Palestinians return to peace talks

This column provides a daily update on key presidential actions as well as comments, whether spoken aloud or on Twitter, by President Trump. Like the stock market, the deadline for Trump Today action is 4 p.m. Eastern Time, even as we acknowledge that substantive news can and does occur after hours. President Donald Trump on … Read more

Trump administration says you’ll be better off with less consumer protection

The temporary head of the Consumer Financial Protection Bureau, Mick Mulvaney, has pledged to run the bureau differently. The Dodd-Frank Act, which created the CFPB, makes it unlawful for any provider of consumer financial products or services to engage in any “unfair, deceptive, or abusive act or practice.” During its nearly eight-year history, the watchdog … Read more

SportTechie: This is how Intel will show you the Olympics in virtual reality

NEW YORK — Over the next few weeks, roughly four dozen Intel employees will descend upon Pyeongchang, South Korea in a massive undertaking that will see the technology company transformed into a mobile production house with field crews, producers and virtual reality cameras. In what will be the largest-scale virtual reality event to date and … Read more

Five Questions With: Fitbit CEO wants to move from tracking steps to tracking blood sugar

The wearables business has stumbled in recent years, but Fitbit thinks greater integration into the health care system can revive the industry. With interest in fitness trackers waning, Fitbit Inc. FIT, -1.91%  has been on the hunt for new areas of growth. The company said last year that it would pivot its business more toward … Read more

Key Words: Asset prices are reaching ‘stratospheric levels,’ and LVMH’s CEO expects a crisis soon

Getty Images The chief executive of the company that owns Dom Pérignon says a crisis will come in the next five years. The head of LVMH Moet Hennessy knows a thing or two about rich people — selling them Dom Pérignon champagne, Louis Vuitton handbags and Bulgari watches around the world. And after the company … Read more

Earnings Outlook: Microsoft earnings: Turning AI-backed cloud computing into more cash

Microsoft Corp. hit a $600 billion valuation in October for the first time since 2000, and crossed the $700 billion market cap threshold in January, as investors continued to bank growth off the massive, global shift to cloud computing. Now, Microsoft will have to prove its cloud growth is worth that much. Ahead of the … Read more