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Airbnb to block parties, Amazon workers in NY petition for union, DWAC asks for earnings extension

Yahoo Finance's Brad Smith discusses top business headlines including Airbnb implementing a system to screen out potential party bookings, Amazon workers in New York petitioning to unionize, and Trump social media SPAC DWAC asking for an earnings filing extension.

Video transcript

[MUSIC PLAYING]

BRAD SMITH: Airbnb is implementing a new screening system to spot and block people trying to throw parties at its rentals. It's been testing the technology in Australia where it led to a 35% drop in unauthorized parties.

The new method uses would be renters history, like distance from their home, booking dates and other factors. If the booking looks sus, it may never make it to the host.

Amazon warehouse employees in Schodack, New York, a 20 minute drive from Albany, have filed a petition to be represented by the Amazon Labor Union.

That's the grassroots group of current and former employees that successfully unionized a warehouse in New York City's forgotten borough, Staten Island. The warehouse organizers plan to hold a news conference tomorrow.

And Digital World Acquisition Corp, the special purpose acquisition company planning to take former President Donald Trump's Trump Media and Technology Group public via SPAC merger, is asking for an extension to file its earnings report and pushing to delay the merger according to a filing.

Now, this comes as the SPAC is being probed for violating securities regulations. The New York Times reported that its CEO discussed a deal before the SPACs initial public offering, which is a no no. Trump Media and Technology Group owns Truth Social, Trump's alt tech social media network.