Tuesday, April 7, 2020

Sources: Airbnb is paying 10%+ interest on the $1B funding it raised on Monday; investors were offered free stock warrants based on a company valuation of $18B (Wall Street Journal)

Wall Street Journal:
Sources: Airbnb is paying 10%+ interest on the $1B funding it raised on Monday; investors were offered free stock warrants based on a company valuation of $18B  —  Airbnb's new investors get free warrants based on company valuation of $18 billion  —  Airbnb Inc. agreed to pay …



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Power prices surge in Virginia, home to the world's largest data center hub; record demand is expected during the winter storm, partly due to data center needs (Tim McLaughlin/Reuters)

Tim McLaughlin / Reuters : Power prices surge in Virginia, home to the world's largest data center hub; record demand is expected dur...