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Businesses

Airbnb Files To Go Public (cnbc.com) 4

Airbnb released its prospectus today, becoming the latest big name to join the push to go public during the COVID-19 pandemic. CNBC reports: The company made $219 million in net income on revenues of $1.34 billion last quarter. That was down nearly 19% from $1.65 billion in revenue a year prior. Despite primarily turning net losses, the company has had other occasional quarters of profitability, including the second and third quarters of 2018 and the third quarter of 2019. The company said it plans to trade under the symbol "ABNB" on the Nasdaq.

In its prospectus, the company put an emphasis on building a community around its hosts and guests, positioning that community as a differentiating factor from its competitors. The company said it would set up 9.2 million shares of non-voting stock aside in an endowment fund for hosts. "Our guests are not transactions -- they are engaged, contributing members of our community," the company said in its prospectus summary. "Once they become a part of Airbnb, guests actively participate in our community, return regularly to our platform to book again, and recommend Airbnb to others who then join themselves. This demand encourages new hosts to join, which in turn attracts even more guests. It is a virtuous cycle -- guests attract hosts, and hosts attract guests."

The Almighty Buck

ATMs That Dispense Gold Bars Coming To America 482

tetrahedrassface writes "As the US economic woes continue unabated, a German company is bringing gold-bearing ATMs to Mainstreet America. The machines accept credit cards, and will dispense 1 gram, 5 gram, 10 gram and 1 ounce units, as well as various gold coins. The company hopes to install 35 bullion machines in the United States this year, and will hopefully have several hundred up and running by next year. The machines will be decorated like giant gold ingots and be over two meters tall. Physical gold has both pros and cons, but from a safety standpoint would it be fine to have a couple of ounces in your pocket while walking around the mall? The giant, gold-dispensing ATMs will monitor the market conditions for gold every 10 minutes in order to reflect spot price changes as they occur." We already covered similar machines installed in travel hubs across Germany.
Image

Researchers Discover Irresistible Dance Moves 215

sciencehabit writes "To find out if certain dance moves are more attractive to women than others, researchers recruited a bunch of college guys and used motion-capture to create avatars of them dancing. When women watched the avatars (2 videos included in story), the men they found most attractive were those who kept their heads and torsos moving without flailing their arms and legs. The researchers say dancing is thus an honest signal to women of the man's strength and health, just as it is in crabs and hummingbirds, who also move in special ways to attract mates."
Image

Woman Wins Libel Suit By Suing Wrong Website 323

An anonymous reader writes "It appears that Cincinnati Bengals cheerleader Sarah Jones and her lawyer were so upset by a comment on the site TheDirty.com that they missed the 'y' at the end of the name. Instead, they sued the owner of TheDirt.com, whose owner didn't respond to the lawsuit. The end result was a judge awarding $11 million, in part because of the failure to respond. Now, both the owners of TheDirty.com and TheDirt.com are complaining that they're being wrongfully written about in the press — one for not having had any content about Sarah Jones but being told it needs to pay $11 million, and the other for having the content and having the press say it lost a lawsuit, even though no lawsuit was ever actually filed against it."
Crime

Girls Bugged Teachers' Staff Room 227

A pair of enterprising Swedish schoolgirls ended up in court after they were caught bugging their teachers break room. The duo hoped they would hear discussions about upcoming tests and school work, allowing them to get better grades. It worked until one of them decided to brag about it on Facebook, and the authorities were called in. The girls were charged with trespassing and fined 2,000 kronor ($270) each in Stockholm District Court.
Moon

Why NASA's New Video Game Misses the Point 205

longacre writes "Erik Sofge trudges through NASA's latest free video game, which he finds tedious, uninspiring and misguided. Quoting: 'Moonbase Alpha is a demo, of sorts, for NASA's more ambitious upcoming game, Astronaut: Moon, Mars & Beyond, which will feature more destinations, and hopefully less welding. The European Space Agency is developing a similar game, set on the Jovian Moon, Europa. But Moonbase Alpha proves that as a recruiting campaign, or even as an educational tool, the astronaut simulation game is a lost cause. Unless NASA plans to veer into science fiction and populate its virtual moons, asteroids and planets with hostile species, it's hard to imagine why anyone would want to suffer through another minute of pretending to weld power cables back into place, while thousands of miles away, the most advanced explorers ever built are hurtling toward asteroids and dwarf planets and into the heart of the sun. Even if it was possible to build an astronaut game that's both exciting and realistic, why bother? It will be more than a decade before humans even attempt another trip outside of Earth's orbit. If NASA wants to inspire the next generation of astronauts and engineers, its games should focus on the real winners of the space race — the robots.'"
Wine

Wine 1.2 Released 427

David Gerard writes "Stuck with that one Windows app you can't get rid of? Rejoice — Wine 1.2 is officially released! Apart from running pretty much any Windows application on Unix better than 1.0 (from 2008), major new features include 64-bit support, bi-directional text, and translation into thirty languages. And, of course, DirectX 9 is well-supported and DirectX 10 is getting better. Packages should hit the distros over the weekend, or you can get the source now."

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