Airbnb will not remove listings from the West Bank

Israeli settlements in the West Bank region
Photo: The Washington Post/Getty Images

Five months after Airbnb announced the company would be removing their listings from the West Bank, the team has decided not to move forward with the original policy following backlash in Israel and the U.S.

Details: The decision is part of a lawsuit the company settled with hosts and potential hosts. However, Airbnb will not accept any of the profits from the West Bank listings, instead donating the money to humanitarian nonprofits. The company said it will do the same for listings with Abkhazia in South Ossetia, another disputed region.

Wall Street awaits major Silicon Valley IPOs

Collage illustration of the Wall Street street sign and IPO filing papers.
Illustration: Aïda Amer/Axios

Lyft's initial public offering this week was the first of several expected from some of Silicon Valley’s hottest tech companies in the next quarter (or two).

Why it matters: These companies are among the Silicon Valley tech startups that remained private for years, but they're finally making their public market debuts — and letting employees and early investors cash out.