Airbnb has raised $1 billion from investors to give itself financial comfort as the coronavirus outbreak pauses the entire travel industry.

Quibi, a new streaming service built for mobile phones only, launched this week and was downloaded over 300,000 times on launch day, sending it to No. 3 on the App Store.

Hostplus, the giant superannuation fund, has changed its terms and conditions to delay members from accessing money on short notice.

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