Salesforce has often preached about responsible capitalism, and today at Dreamforce, the company’s annual customer extravaganza, it announced a notable achievement in the battle against global climate change. The company said that it has achieved effective Net Zero energy usage across its entire value chain with 100% renewable energy, while purchasing carbon offsets when that’s […]
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Ben Rubin, who founded Houseparty, Meerkat and Slashtalk, will peer into the future of social at Disrupt
Ben Rubin understands where social is going. In fact, he understands it so well, he’s always there early. Rubin is the current CEO and co-founder of Slashtalk and an angel investor who scouts for Sequoia Capital. He previously founded Houseparty and Meerkat — apps that pioneered group video chat and mobile livestreaming, respectively — shaping […]
Soccer-Taking a knee is losing strength, says Chelsea defender Alonso
September 21, 2021 (Reuters) -Chelsea defender Marcos Alonso has stopped taking the knee before matches this season because the anti-racism gesture is “losing a bit of strength”, the 30-year-old said. Players and staff have been taking a knee prior to kickoff since the league returned to action in June last year to show their support […]
Merkel ally sounds inflation alarm days before election
September 21, 2021 By Alexander Hübner and Michael Nienaber MUNICH/BERLIN (Reuters) -A top ally of Chancellor Angela Merkel said on Tuesday inflation was the biggest challenge facing Germans and the ECB should get ready to raise rates, breaking a taboo for senior politicians to comment on monetary policy, just days before a general election. The […]
Walgreens makes $970 million investment in specialty pharmacy company Shields Health
September 21, 2021 (Reuters) – Walgreens Boots Alliance is spending roughly $970 million to acquire a majority stake in Shields Health Solutions to expand its specialty pharmacy business, the companies said on Tuesday. The investment brings Walgreens’ total stake in Shield to 71%, and the company has an option to acquire the remaining equity interests […]
Russia was behind Litvinenko assassination, European court finds
September 21, 2021 By Guy Faulconbridge and Michael Holden LONDON (Reuters) -The European Court of Human Rights found on Tuesday that Russia was responsible for the assassination of ex-KGB officer Alexander Litvinenko, who died an agonising death in 2006 after being poisoned in London with a rare radioactive substance. Litvinenko, a defector who had become […]
Germans shocked by killing of cashier after COVID mask row
September 21, 2021 (changes slug, no change to text) BERLIN (Reuters) -German politicians expressed shock on Tuesday over the killing of a 20-year old petrol station worker after an argument about a face mask and said that coronavirus deniers who are willing to use violence will not be tolerated. The killing on Saturday evening in […]
Column: Brazil heading for monetary overkill?
September 21, 2021 By Jamie McGeever ORLANDO, Fla. (Reuters) – Brazil’s central bank has put itself on the front line of the global battle against inflation, but its aggressive monetary tightening risks choking the economy. With annual inflation at 10%, the central bank will fail to meet its 3.75% central target this year and possibly […]
Spanish housing stock drops after lockdown-driven buying spree
September 21, 2021 By Clara-Laeila Laudette MADRID (Reuters) – A rush to buy after the end of coronavirus lockdowns has reduced the stock of homes for sale in Spain’s big cities by 4% over the past year, data from leading property advertising portal Idealista on Tuesday showed. Madrid and the Mediterranean seaside town Valencia both […]
Stocks and commodities rebound from Evergrande-led selloff
September 21, 2021 By Lawrence White LONDON(Reuters) – World stocks stabilised on Tuesday and commodity prices recovered from the previous day’s heavy selling, as investors grew more confident that contagion from the distress of debt-saddled Chinese developer Evergrande would be limited. The STOXX index of Europe’s biggest shares .STOXX rose 1%, as did Wall Street […]
U.S. housing starts beat expectations in August
September 21, 2021 WASHINGTON(Reuters) – U.S. homebuilding increased more than expected in August, likely boosted by an easing in lumber prices, though land and labor shortages remain challenges. Housing starts advanced 3.9% to a seasonally adjusted annual rate of 1.615 million units last month, the Commerce Department said on Tuesday. Data for July was revised […]
Oil rallies on tight supplies in aftermath of U.S. storm
September 21, 2021 (Fixes typographical error in headline) By Ahmad Ghaddar LONDON (Reuters) -Oil prices rose on Tuesday, after sharp losses the previous session, amid tighter U.S. supplies, ending days of losses as global markets remain haunted by the potential impact on China’s economy of a crisis at heavily indebted property group China Evergrande. Brent crude […]
China Evergrande’s rising default risks shift focus to possible Beijing rescue
September 21, 2021 By Clare Jim, Anshuman Daga and Kane Wu HONG KONG/NEW YORK (Reuters) – Persistent default fears eclipsed efforts by China Evergrande Group’s chairman to lift confidence in the embattled firm on Tuesday, as Beijing showed no signs it would intervene to stem any domino effects across the global economy. Analysts played down […]
Business Canvas, a Korea-based document management SaaS company, closes $2.5M seed round
Business Canvas, a South Korean document management SaaS company behind Typed, announced today it has raised a $2.5 million seed round led by Mirae Asset Venture Investment, with participation from Kakao Ventures and Nextrans Inc. The seed round will be used for accelerating product development and global launch of open beta for its AI-powered document […]
Battery Resourcers raises $70M to grow closed-loop battery supply chain
Battery Resourcers, a startup that’s developing a closed-loop approach to lithium-ion battery materials, has closed $70 million in mid-round funding to scale its commercial operations across two continents. The company, which is based in Worcester, Massachusetts, doesn’t just recycle batteries. It’s also engineered a process to turn that recycled material back into critical battery materials […]
Bilt Rewards banks $60M growth on a $350M valuation to advance credit card benefits for renters
Bilt Rewards, a loyalty program for property renters to earn points on rent with no fees and build a path toward homeownership, announced Tuesday a round of $60 million in growth funding that values the company at $350 million. The investment comes from Wells Fargo and Mastercard and a group of the nation’s largest real […]
Ellen DeGeneres, Portia de Rossi, Shaun White, Shawn Mendes get behind Shelf Engine
Shelf Engine’s mission to eliminate food waste in grocery retailers now has some additional celebrity backers. The company brought in a $2 million extension to its $41 million Series B announced in March. Ellen DeGeneres, Portia de Rossi, Shaun White and Shawn Mendes are the new backers, who came in through a strategic round of […]
Stairwell secures $20M Series A to help organizations outsmart attackers
Back when Stairwell emerged from stealth in 2020, the startup was shrouded in secrecy. Now with $20 million in Series A funding, its founder and CEO Mike Wiacek — who previously served as chief security officer at Chronicle, Google’s moonshot cybersecurity company — is ready to talk. As well as raising $20M, an investment round […]
Amazon’s Kindle Paperwhite returns with a bigger screen, USB-C and wireless charging
We’ve entered the throes of hardware season, with big events from all of the industry’s big names. Amazon has already announced a number of new Fire TVs, with plans for a big (likely Echo-focused) event a week from today. In the meantime, the retail giant just dropped a sizable surprise on our heads in the […]
Instacart shopper activist group asks customers to delete the app until demands for better conditions are met
Yesterday, the Gig Workers Collective — representing a body of about 13,000 Instacart shoppers — launched a #DeleteInstacart campaign, urging customers to delete the Instacart app as a show of solidarity with workers advocating for better treatment. The collective of shoppers asked that customers refrain from reinstalling the app until five demands are met. They […]