Photo: Joel Saget/AFP via Getty Images
Airbnb booked more than $1 billion in revenue during the third quarter of 2018, the company said Friday, marking the company's strongest quarter since its founding in 2008, CNBC reports.
Why it matters: This is the first time Airbnb has publicly shared a snapshot of its revenue, according to CNBC, and comes as the company is headed for an IPO, expected next year.
A mural outside Cup Foods in Minneapolis, near where George Floyd was killed in an encouner with police. Photo: Steel Brooks/Anadolu Agency via Getty Images
Former Minneapolis police officer Derek Chauvin is in jail under $500,000 bail on charges of third-degree murder and manslaughter after a video of him kneeling on George Floyd's neck for more than eight minutes and Floyd's death catapulted the country's major cities into a state of protest.
The big picture: Floyd's fatal run-in with police is the latest reminder of the disparities between black and white communities in the U.S. and comes as African Americans grapple with higher death rates from the coronavirus and higher unemployment from trying to stem its spread.
SpaceX's Falcon 9 rocket on the launch pad. Photo: NASA/Joel Kowsky
At 3:22 p.m. ET today, SpaceX is expected to launch NASA astronauts Bob Behnken and Doug Hurley to the International Space Station for the first time.
Why it matters: The liftoff — should it go off without a hitch — will be the first time a private company has launched people to orbit. It will also bring crewed launches back to the U.S. for the first time in nine years, since the end of the space shuttle program.
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Illustration: Aïda Amer/Axios