(Politico) TECH ANTITRUST LAWS BY AUGUST? — Speaking virtually to a conference in Brussels, Rep. Ken Buck (R-Colo.), the top GOP member of House Judiciary’s antitrust panel said he expects three antitrust reforms — legislation to increase merger filing fees, bar tech giants from preferencing their own products and force Apple and Google to open…
(Huff Post) Faced with a wave of worker activism in its warehouses last year, Amazon paid anti-union consultants roughly $4.3 million in an effort to beat back union organizing campaigns, according to new filings with the U.S. Department of Labor. The disclosures from Amazon offer a glimpse into how far the online retailer is willing…
(Sifted) There’s more and more ESG talk in tech and VC land. Environmental, social and governance factors have gone from being a concern of specialist investors to a key part of mainstream investment strategy. But, for all the talk, how are VC firms’ portfolio companies actually doing? Well — much better on the S and…
(Protocol) The law, which will apply to Washington employers including Microsoft and Amazon, will take effect on June 9 of this year. The Washington version of the bill had been pushed forward by former Apple engineer Cher Scarlett and former Google employee Chelsey Glasson. Both Scarlett and Glasson testified in support of the bill, discussing…
(CIO Dive) In recent years, top-flight tech companies devoted resources and laid out plans to address diversity and cultural challenges within their organizations. Despite efforts, the data show improvement has been minimal in terms of the racial composition of the IT workforce. “We haven’t seen the increase because there hasn’t been a real commitment to addressing…
(Rainforest Action Network) The 13th annual Banking on Climate Chaos report, the most comprehensive global analysis on fossil fuel banking to date, underscores the stark disparity between public climate commitments being made by the world’s largest banks, versus the reality of their largely business-as-usual financing to the fossil fuel industry. The report documents that in…
(Protocol) The White House would like to get to the bottom of this whole “is cryptocurrency going to destroy the climate or not” thing. The Office of Science and Technology Policy announced it’s putting together a report that assesses whether digital assets “impede or advance efforts to tackle climate change” and makes moves toward a…
(Global Witness) In April of last year, Facebook CEO Mark Zuckerberg admitted during congressional testimony that climate disinformation is ‘a big issue’ on the platform. In an effort to combat this, Facebook created its ‘climate science centre’; an information hub designed to ‘connect people with science-based information on climate change’. Facebook also expanded their flagging…
(Coindesk) Projects like Toucan, Regen and Moss say on-chain carbon credits will increase transparency and improve accessibility to the carbon credit market. Another project, KlimaDAO, aims to bump up the price of carbon credits by tapping into a corner of crypto where memes are gospel, Tesla (TSLA) CEO Elon Musk is king and everyone is…
(Mondaq) Fundraising in private equity in recent years was shaped by myriad forces, including ESG considerations. In this Q&A with Claudia Arango, we explore private equity fundraising trends in Latin America after 2020. Claudia is the Managing Partner of Exagon Impact Capital, with a career of more than 20 years in private equity and a…