Airbnb drops sexual assault arbitration rules for guests, hosts

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San Francisco, Aug 14 | Online vacation rental company Airbnb has announced that it will update its terms of service to drop arbitration provisions for sexual assault or harassment claims made by the guests or hosts.

“We are announcing that arbitration provisions will no longer apply to sexual assault or sexual harassment claims by hosts or guests in the next iteration of Airbnb’s Terms of Service,” the company said in a blogpost.

“This aligns with a commitment we made in late 2018 to no longer require Airbnb employees to use arbitration in cases involving sexual harassment,” it added.

The company said that this upcoming change in terms will codify a practice they have already had in place.

Since January 2019, the company has not asked a court to force any of the very few cases involving sexual assault or sexual harassment claims by hosts or guests into arbitration.

“Until the next update to our terms is launched, we will continue not to enforce our arbitration provisions as they relate to these cases. We currently expect this update to the terms to be ready in the Fall,” the company said.

“We believe that survivors should be able to bring claims in whatever forum is best for them. We encourage our industry peers within the travel and hospitality space to consider taking similar steps for their respective communities,” it added.

According to the company, incidents of sexual assault are extremely rare on Airbnb, but in these rare cases, Airbnb’s highly-trained safety team works with the survivors to put their wellbeing first.

This team has undergone training in trauma-informed methodology and it prioritises supporting and empowering the survivors in their healing process.

Many of Airbnb’s community safety policies and workflows were informed by the counsel of expert organisations, such as Vital Voices.

“Our goal is to make Airbnb the safest and most trusted way to travel. Paramount to building trust is doing the right thing in the rare instances where things go wrong,” the company said.

“We will continue investing in the right people, systems and policies to prioritise safety on our platform and within the communities we serve,” it added.

Source: IANS

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Share Market Closing Bell: Nifty ends above 15,500, Sensex gains 443 pts

Share Market Closing Bell: Nifty ends above 15,500, Sensex gains 443 pts

On a weekly expiry day, Nifty opened on positive note and have a dip to make an intraday low at 15367.50 level but showed bounce back moment as managed to close at 15556.65 level with a gain of 143 points. Bank Nifty closed the session at 33135 level with a gain of 289.70 points. 45 Out of Nifty 50 ended in green which suggest broad based buying.

All the sectoral indices managed to close in green expect Energy while Nifty Auto was top gainer. Among Nifty Stock, MARUTI, EICHERMOT, HEROMOTOCO & M&M were the top gainers, While RELIANCE, COALINDIA, POWERGRID & GRASIM were the prima laggards. India VIX closed at 20.88 level with a loss of 1.97%. On Technical Front, The Nifty has formed bullish candle but faced resistance at 21 Four-Hourly Moving Average i.e., 15647 which suggest crossing above the same can show more upside rally.

Nifty has been trading in range of 15200-15700 level while breaching either side can suggest further direction of breakouts. Nifty has given above 50-Hourly Moving Averages which indicate it can show upside moment in the counter. On the Nifty OI Data, On the call side ,the highest OI witnessed at 16000 level while on the put side was at 15500 Niftg level followed by 15300 levels. The momentum indicators Stochastic is trading with a positive crossover on a daily chart which suggest northward journey in the Nifty.

The Nifty may find support around 15200 levels while on the upside 15700 may act as an immediate hurdle. On the other hand, Bank Nifty has support at 32300 levels while resistance at 33800 levels.

Overall, Sector specific momentum has been observed, crossing above 15700 Nifty can show more upside rally.

Market entering into buy on dips pattern.

Palak Kothari
Senior Technical Analyst
Choice Broking

Source: Choice India

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The information contained in this post is source form the news agency or PR agency. We do not take any responsibility of accuracy of information. We have not made any modification or changes in original source content. This information only for general information purposes only. The information is provided by BhaskarLive.in and while we Endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the post for any purpose.

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