Published On: Thu, Apr 16th, 2020

Daily Crunch: Airbnb takes a $1B loan

Airbnb takes on new debt as it adapts to a universe yet tourism, Apple announces a new entry-level iPhone and Google lowers Nest camera quality.

Here’s your Daily Crunch for Apr 15, 2020.

1. Airbnb ups a debt by $1B amid a coronavirus transport crunch

Airbnb has cumulative commitments of $1 billion for a syndicated tenure loan from institutional investors. The puncture money injection comes as a coronavirus transport solidify continues to produce vacation rentals, with holidaymakers sealed down during home and tellurian transport criminialized or heavily disheartened for open health reasons.

Earlier this month, Airbnb announced an additional $1 billion lift in debt and equity. At a time it pronounced a supports would support a ongoing work to deposit over a prolonged term, while this new loan looks some-more clearly targeted during traffic with evident disastrous impacts caused by COVID-19.

2. Apple introduces new $399 iPhone SE with Touch ID and 4.7″ screen

With a $399 starting cost point, a new SE is directed precisely during new iPhone users or initial time smartphone buyers, yet it could interest to those who only wish a smallest iPhone indication now available.

3. Google is obscure Nest camera peculiarity ‘to preserve internet resources’

If you’re looking during footage from your Nest Cam and a peculiarity seems a bit reduce than normal: it’s not your eyes. The peculiarity composition is rolling out over a subsequent few days, and Google says anyone influenced will get a presentation in a Nest app.

4. Onfido, a AI-based ID corroboration platform, raises $100M led by TPG

Onfido uses AI to “read” a person’s temperament documents, afterwards uses facial approval and other datapoints to determine that a chairman is who she or he says they are online. Customers for a tech embody vital banks, supervision bodies and businesses doing recruitment — any classification using tools of a processes virtually.

5. As bonds recover, private investors aren’t shopping a hype

Yesterday, we discussed a state of affairs for private companies with Jason Pressman of Shasta Ventures. From his viewpoint — and that of other investors who we’ve oral to recently — it’s tough to know a turn of confidence that open markets are signaling. (Extra Crunch membership required.)

6. NBCUniversal’s Peacock launches on Comcast

Today’s launch lines adult with a report that a association announced in January, which forked to a broader recover on Jul 15. NBCUniversal says that’s still happening, yet a timing will no longer coincide with a Tokyo Summer Olympics.

7. Attentive raises another $40M for mobile messaging, will deposit in assisting business respond to COVID-19

The messaging startup lifted a $40 million Series B final summer, followed by a $70 million Series C during a commencement of this year. Today it’s announcing that it’s extended a Series C by another $40 million, bringing a sum turn distance to $110 million.

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