Mar 22, 2017

Airbnb takes new name in China

Airbnb

In an effort to grow its brand and business in China, Airbnb has a new name in the country: "Aibiying," or "welcome each other with love."

In Shanghai, the company is also rolling out its Experiences service, which lets travelers book activities run by local hosts, starting with 10 such activities. Experiences, which Airbnb launched in November, are now available in 20 cities around the world.

Why it matters: Airbnb kicked off its efforts in China in 2015, despite it being a difficult market for Western companies. Last year, it registered its Chinese operations as an independent business unit that handles users' data locally, and to date, Chinese travelers have stayed at Airbnb listings 5.3 million times around the world. The company also has 80,000 listings in China and guests have stayed at them 1.6 million times, according to Airbnb. But there have been challenges: It has yet to hire a CEO to lead its Chinese business and has reportedly looked to acquire at least one company to help it better compete locally.

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The latest: George Floyd protests nationwide

Police officers wearing riot gear push back demonstrators outside of the White House on Monday. Photo: Jose Luis Magana/AFP via Getty Images

Protests over the death of George Floyd and other police-related killings of black people continued for a seventh day across the U.S., with President Trump threatening on Monday to deploy the military if the unrest continues.

The latest: New York Attorney General Letitia James responded to Trump's comments by tweeting that he "is not a dictator & he doesn’t have the right to unilaterally deploy U.S. military across American states. We will guard the right to peaceful protest & will not hesitate to go to court to protect our constitutional rights during this time & well into the future."

2 hours ago - World

The world watches America burn

Newspaper front pages via the Newseum

The world is watching the grief and anger, violence and pain in America's streets.

The big picture: The U.S. accounts for nearly one-third of the world's deaths from COVID-19. The killing of a black man, George Floyd, by police has sparked days of protest and nights of chaos in America's major cities.

Trump walks to historic St. John's Church outside White House as protests rage

President Trump walked to the historic St. John’s Episcopal Church, located just steps away from the White House across Lafayette Park, on Monday night as protests linked to the murder of George Floyd raged across the capital and cities around the country.

What we're seeing: Military police and park rangers used physical force and tear gas on peaceful protestors to clear the area so that Trump could "pay respects" to the church that was damaged by a fire on Sunday.