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Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

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'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic
Airbnb

Airbnb Is Trying to Help Out Stranded Travelers in Paris

By
John Kell
John Kell
Contributing Writer and author of CIO Intelligence
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By
John Kell
John Kell
Contributing Writer and author of CIO Intelligence
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November 16, 2015, 10:29 AM ET
Airbnb Said to Be Raising Funding At $10 Billion Valuation
The Airbnb Inc. application is displayed on an Apple Inc. iPhone in this arranged photograph in Washington, D.C., U.S., on Friday, March 21, 2014. Airbnb Inc. is raising money from investors including TPG Capital in a financing round that would value the room-sharing service at more than $10 billion, said people with knowledge of the deal. Photographer: Andrew Harrer/Bloomberg via Getty ImagesPhotograph by Andrew Harrer — Bloomberg via Getty Images
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Home rental startup Airbnb over the weekend implemented a service that will allow the platform’s hosts to share their homes with displaced travelers in Paris for free, a move that comes after terrorist attacks in the city killed at least 129 people.

Airbnb’s disaster response service, which has been used in the wake of flooding and fire incidents, makes it possible for homeowners to share their spaces without paying a fee to the rental service. Airbnb says it is working with local and national government officials in France to make sure the service is offered to those looking for a place to stay. Re/code has also reported that Airbnb hosts were asked to help those in need by offering their homes at “little or no cost.”

If you were to search for housing listings in the Paris region Monday, an alert calls for “Urgent Accommodations for those displaced by Paris.” Users can then either request a place to stay or offer their space for free.

Airbnb initially launched a disaster response initiative in 2013, and since then, hosts have opened their doors after several emergencies across the globe, including in the wake of fires in San Diego, severe ice storms in Toronto and Atlanta, and in the Philippines following Typhoon Haiyan. After a disaster strikes, Airbnb emails hosts in the affected area asking if they are willing to help. The startup also uses its networks to provide general disaster response information to both guests and hosts.

About the Author
By John KellContributing Writer and author of CIO Intelligence

John Kell is a contributing writer for Fortune and author of Fortune’s CIO Intelligence newsletter.

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