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Daily Crunch: Airbnb is acquiring HotelTonight

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1. Airbnb agrees to acquire last-minute hotel-booking app HotelTonight
Once the deal is complete, the HotelTonight app and website will continue to operate independently, with co-founder and CEO Sam Shank reporting to Airbnb’s president of homes, Greg Greeley.
“Together, HotelTonight and Airbnb can give guests more choices and the world’s best boutique and independent hotels a genuine partner to connect them with those guests,” Shank said in a statement.
2. Elizabeth Warren wants to break up Google, Amazon and Facebook
The Massachusetts senator and presidential hopeful is targeting what she characterizes as the consolidation of economic power in a few big tech companies. The key components of her plan include passing legislation that would designate certain companies as “platform utilities,” prohibiting them from owning participants on their platforms.
3. YC’s latest moonshot bet is a startup building a $380K ‘flying motorcycle’
Jetpack Aviation launched pre-orders this week for the moonshot of moonshots — the Speeder, a personal vertical take-off and landing vehicle with a svelte concept design that looks straight out of Star Wars or Halo.
Daily Crunch: Airbnb is acquiring HotelTonight
HIALEAH, FL – AUGUST 08: Barbara Dale, a school nurse, prepares an immunization needle for a child August 8, 2007 in Hialeah, Florida. The free immunization is part of the Miami-Dade County Health Department’s program to help children heading back to school. (Photo by Joe Raedle/Getty Images)
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