Katie Roof / Bloomberg:Enfusion, a fintech startup specializing in software for asset managers, says Iconiq Growth has invested $150M in the company at a $1.5B valuation — – Iconiq invests $150 million asset management software firm — Chief executive open to initial public offering at some point
Russia’s Sovcombank has entered the ESG loan market for the first time, raising a $350m syndicated loan. An increasing number of Russian corporates are turning to the green financing sector as a way to diversify funding.
The future of electric vehicles is batteries, batteries, batteries. That means a lot of mining for nickel, lithium, cobalt, and other minerals. Indeed, with the enormous growth in demand expected in the electric vehicle industry in the coming years
Ashley Gold / Axios:Facebook says it’s freezing all contributions from its PAC through at least Q1 as it reviews its political spending, joining other companies including Microsoft — Facebook is halting political spending for at least the first quarter of 2021 following last week’s deadly attack on the Capitol.
Heather Somerville / Wall Street Journal:Airbnb, often forgotten in the Section 230 debate, has relied on the law to avoid responsibility for some listings and is lobbying to reshape it — Home-rental site is caught up in political push to change internet shield even as its efforts to use law haven’t always worked
Reuters:Chinese government data shows domestic smartphone shipments dropped to 296M in 2020, down 20.4% from 372M in 2019 — SHANGHAI (Reuters) – Domestic smartphone shipments in China in 2020 fell 20.4% from the previous year, government data released on Monday showed,
Increasingly complex operating landscapes are forcing cities to seek out novel technologies and business models to help support future urban mobility.
The city has digitized about 1.3 million files dating back to the 1600s, which has reduced burdens on staff and eased access for city residents as operations shifted largely online.
The RFP follows the launch of PHLConnectED, a two-year program to provide free in-home internet and cellular devices to K-12 families.
Wall Street Journal:Amazon, Walmart, and others are using AI to decide whether it makes economic sense to skip returns and let customers keep the products, which is often cheaper — In some cases, it’s cheaper for the retailers to refund the purchase price and let customers keep or donate the products