Airbnb cancels all DC bookings during inauguration week – ProWellTech
Airbnb takes a big step to avoid opening violence, Intel gets a new CEO, and Affirm goes public. This is your Daily Crunch for January 13, 2021.
The big story: Airbnb cancels all DC reservations during grand opening week
Airbnb said today that “in response to various local, state and federal officials asking people not to travel to Washington, DC,” it will cancel all reservations in the area for next week, which is the week of the president-elect’s inauguration. Joe Biden. This will also apply to all bookings on HotelTonight owned by Airbnb.
The company previously said it would ban anyone involved in last week’s uprising on the US Capitol, but is now taking a much more aggressive step to avoid hosting anyone who might have violent plans at the grand opening.
They also said guests will receive a full refund, while hosts will still receive full compensation for these bookings.
The tech giants
Pat Gelsinger steps down as VMware CEO to replace Bob Swan at Intel – Gelsinger will replace Intel interim CEO Bob Swan on February 15th.
Affirm Doubles Up After Starting Trading Despite Strong IPO Prices – Affirm’s explosive debut comes on the heels of equally strong results from DoorDash, C3.ai and Airbnb.
Apple Announces New Projects Related to Its $ 100 Million Pledge to Fairness and Racial Justice – For starters, the company will contribute $ 25 million to the Propel Center, a center of innovation and learning for historically black colleges and universities .
Startups, financing and venture capital
Rapyd raises $ 300 million on a $ 2.5 billion valuation to augment its fintech-as-a-service API – Rapyd’s customer base now includes approximately 5,000 companies.
Flo Gets FTC Slap for Sharing User Data When Promised Privacy – The FTC struck a deal with Flo, a period and fertility tracking app with over 100 million users.
Ecommerce Optimization Startup Tradeswell Raises $ 15.5 Million – Primary Goal Is To Enable Ecommerce Companies To Improve Their Net Margins.
Extra Crunch tips and analysis
Venture Capitalists React to Visa-Plaid Deal Collapse – The main sentiment seems to be, “Congratulations, you’re not selling your business for billions of dollars anymore!”
Will startup ratings change given growing antitrust concerns? – Even a few smoke signals are enough to start raising concerns.
Dear Sophie, what is the new minimum salary required for H-1B visa applicants? – The latest edition of “Dear Sophie”, the advice column that answers questions related to labor immigration in technology companies.
All the rest
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