Apple According to Spotify, the podcast strategy will be completely climate neutral by 2030, and the US is blaming two suspected Chinese spies in a global hacking campaign. Here is your daily crisis for July 21, 2020.
The big story: Apple is committed to carbon neutrality
Apple announced today that it plans to make its entire business – including its supply chain and resulting products – climate neutral by 2030. This strategy includes reducing emissions from the production process, removing carbon from the atmosphere and working with renewable energy suppliers.
In addition to its climate change announcement, Apple has launched an Impact Accelerator that invests in minority-owned companies.
"Systemic racism and climate change are not separate issues and they will not have separate solutions," VP Lisa Jackson said in a statement. "We have the ability to help build a greener and fairer economy across generations by developing entirely new industries to offer the next generation a planet that is worth being at home."
The technology giants
Spotify launches video podcasts worldwide, starting with selected creators. According to Spotify, users can seamlessly switch between the video version and the audio of a podcast.
Netflix tests new low-cost subscription in India – The new Mobile + package costs 349 Indian rupees ($ 4.70) per month.
Instagram is testing a feature for collecting personal donations. According to Instagram, all fundraisers are checked first to make sure they comply with existing guidelines and rules.
Startups, funding and venture capital
Gett is raising another $ 100 million to double its B2B on-demand ride. The company claims that its B2B business has grown amid the global health pandemic.
Robinhood, the stock trading app, postpones UK launch indefinitely. "As a company, we are once again focusing our efforts on strengthening our core business in the United States," said a spokesman.
Diaspora Ventures wants to invest in French founders with a global mindset – founders Ilan Abehassera and Carlos Diaz grew up in France, but in the United States for more than a decade.
Advice and analysis of extra crunch
The future of work is human – Heather Hartnett, CEO of Human Ventures (and former CEO of theinformationsuperhighway), says that her company requires entrepreneurs to build companies that are redefining how we work.
Edtech startups flirt with unicorn-style growth – How will increasing funding at a later stage affect the Edtech landscape?
All B2B startups are in the payment business – Jeff Coppolo of BlueSnap argues that B2B technology platforms become payment companies regardless of whether they already know it or not.
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The US accuses two Chinese spies of a global hacking campaign aimed at COVID-19 research. The 11-point charge claims Li Xiaoyu and Dong Jiazhi stole terabytes of data from high-tech companies around the world.
NBCU's Peacock streaming service reaches 1.5 million app downloads in the first 6 days – 25% more than the 1.2 million installations Quibi saw in the same period after it launched in the U.S., however only 12% of the 13 million downloads Disney + generated in the first few days Six days according to the sensor tower.
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