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Airbnb valued at $100 billion following blockbuster IPO — equivalent of more than five Expedias

GeekWire

In its IPO filing, Airbnb listed Expedia Group as well as Booking Holdings as two competitors. Meanwhile, its net loss more than doubled to $696 million for the first nine months of this year, sparked in part by the decline in the travel business due to COVID-19. Its net loss for the first nine months of this year was $2.2

Travel 90
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Step 1 to becoming a business-savvy CIO

CIO Business Intelligence

For example, if you are in banking, your organization is likely to measure itself by profitability ratios such as net interest margin (the difference between interest income generated and interest expenses) or PCL (provision for credit losses). Book-to-bill shows whether orders are outpacing billings (i.e., business is slowing).

Banking 104
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Dark secrets of developer motivation

CIO Business Intelligence

Nobody likes to be treated like a line item on the budget. If you task a developer with building a widget, the time they spend fretting about how to make it reusable can net unpredictable benefits down the road. In his classic book Code Complete , Steve McConnell describes the WIMP (Why Isn’t Mark Programming) principle.

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"CIO Master" Book Tuning XXXV: What Should be the Digital CIO’s Outside-in Business Focus

Future of CIO

IT should facilitate the business partners to the right solutions and help to implement them on value, on time and on budget. The CIO can help business to improve net profit by improving both the top line revenue growth and at the same time decreasing expenses to improve the bottom line. Let them tell you their stories, challenges.

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Some things Jeff Bezos can do with his $193 billion

The Verge

Forbes pegs his net worth around $193.2 For instance, last year, Bezos’ ex-wife, Mackenzie Scott, gave away $4 billion in four months — and her net worth is only a paltry $60 billion by comparison. Michael Lewis would absolutely get a book deal about it. His solution is increased wages and social safety net programs.

.Net 128
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9 traits of great IT leaders

CIO Business Intelligence

In other words, they excel at managing IT budgets, projects, staffing needs, and so on. But it’s not all about making good decisions fast, he says; it’s also about creating the right safety nets for such actions. They have some, although not deep, understanding of the various technologies within their IT portfolios.

Budget 128
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Smaller, cheaper, safer: The next generation of nuclear power, explained

Vox

Most countries in the world, including the US, have now committed to zeroing out their net impact on the climate by the middle of the century. will need ~550–770 [gigawatts] of additional clean, firm capacity to reach net-zero; nuclear power is one of the few proven options that could deliver this at scale.” degrees Fahrenheit (1.5

Energy 96