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Party block: Airbnb has some reservations about parties

Party block: Airbnb has some reservations about parties

Airbnb responsible

When it comes to parties, Airbnb has a few reservations. The home-sharing site announced a temporary party ban back in 2020, codified the move permanently in June, and are now introducing what they are calling "anti-party technology" in the US and Canada.

The move comes in the wake of a solid 12 months for Airbnb, which has seen the number of stays and experiences booked on the site bounce back above pre-pandemic levels. Reservations hit the 100 million mark for the second consecutive quarter, equating to $17bn of gross booking value, which suggests the company can afford to be a little more selective with their admissions policies.

The party-preventing tech is a little less sophisticated/dystopian — depending on your perspective — than it sounds. The tools will reportedly just analyze users’ profiles and previous booking activity to assess the likelihood of "bad actors" turning up and throwing unauthorized parties.

A new way to stay

It's hard to deny the impact that Airbnb has had since being founded in 2008. Consumers got options beyond traditional hotels and hosts had a new way to monetize their otherwise-empty homes. However, the San Francisco based company hasn't been without its critics. Some have accused the platform of driving up housing costs in hotspot areas as well as hollowing out communities by shipping in short-stay visitors with little regard for neighbors. The new party measures might help get some of the locals back on side.

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Starbucks issues apology after viral “Bearista” cup meltdown

Holiday cheer turned into chaos this week for Starbucks after the coffee giant’s new “Bearista” holiday cup sent fans into a frenzy. 

Dropped alongside its 2025 holiday menu, the $30 beanie-wearing glass bear tumbler sparked long lines, sellouts, and even in-store scuffles before Starbucks stepped in with an apology.

“The excitement for our merchandise exceeded even our biggest expectations,” the company said in a statement to People. “Despite shipping more Bearista cups to our coffeehouses than almost any other item this holiday season, the Bearista cup and some other items sold out fast.”

Within hours of launch, frustrated fans flooded Starbucks’ social media pages and even store hotlines. Some customers waited in line before dawn and others said their stores received only a handful of cups. In one Houston location, the craze even turned physical, with police reportedly called to break up a brawl. Meanwhile, the cup is already reselling on sites like eBay, with listings topping $600.

“We understand many customers were excited about the Bearista cup and apologize for the disappointment this may have caused,” Starbucks said. While in-store customers may be upset, investors seem happy about the viral hit, as the stock has risen over 3% on Friday.

If you’re still hoping for a Bearista at market price, that may not be on order: the chain didn’t disclose how many cups were made or whether a restock is planned.

business

Target tells workers to smile, wave, and greet shoppers if they come within 10 feet of them

Target just rolled out a new rule for store employees: smile, make eye contact, and greet or wave when a shopper comes within 10 feet — and if they get closer, within four feet, ask whether they need help or how their day is going, according to a new Bloomberg report.

Dubbed the 10-4 program internally, the rule mirrors rival Walmarts own 10-foot policy, formalizing behavior Target had previously only encouraged.

business

Monster surges on energy drink buzz, while Celsius sinks on distribution concerns

Shares of Monster Beverage climbed 5% after the bell on Thursday, and held most of those gains into early trading on Friday, following strong Q3 results.

The energy drink giant topped market expectations, with quarterly sales up 17% year over year to $2.2 billion and adjusted net profits growing 41% to $524.5 million — 11% ahead of Wall Street’s estimates. In the report, Monster highlighted its zero-sugar line and new product launches, with a stack of novel flavors already released this year, as bright spots.

During a call with analysts, Chief Executive Hilton Schlosberg said that the global energy drink category “remains healthy with robust growth,” The Wall Street Journal reported, adding that demand for more affordable caffeinated drinks is rising as coffee has become “really expensive.”

Meanwhile, rival beverage business Celsius saw shares fall as much as 23% on its Q3 results yesterday — despite beating expectations, with revenue jumping 173% — largely due to concerns about a change in the company’s distribution channel, as its newly acquired Alani Nu brand joins the PepsiCo distribution network.

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