News 

‘We are an inclusive company’: Hallmark Channel reverses course after pulling ad featuring lesbian couple

“The Hallmark Channel has reversed its decision to pull a wedding advertisement that features a lesbian couple kissing at the altar” reports washingtonexaminer.com. The company also stated it would no longer advertise with the Hallmark Channel. We are an inclusive company and have the track record to prove it.”. The company claimed the move was “in line with our current policy, which includes not featuring political advertisements, offensive language, R-rated movie content, and many other categories.”.  Source: washingtonexaminer.com

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News 

Villains or visionaries? Hedge funds short companies they say ‘greenwash’

“Analytics companies that provide corporate ESG ratings use a combination of company disclosures, news sources and qualitative analysis of third-party data” writes Min Read for reuters.com. LONDON (Reuters) – Tens of trillions of global investment dollars are pouring into companies touting robust environmental, social and governance credentials.The fact short-sellers, who look to exploit information gaps, are targeting the ESG sphere underlines the complexities facing investors in accurately gauging companies’ sustainability credentials. Source: reuters.com

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Crypto News Platforms 

Early BitMEX Investor Files Suit Against the Platform

“In November, it was revealed that email data belonging to the customers of BitMEX had been leaked during a security breach” writes Nick Marinoff for livebitcoinnews.com. BitMEX – one of the world’s largest and most prominent bitcoin and cryptocurrency exchanges – is being sued by one of its early investors over potential fraud and lost equity.Court documents suggest that Hayes may have worked to conceal the equity owed to Amato and to hide information relating to his investments. Source: livebitcoinnews.com

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This company aims to plant 100,000 trees in the Amazon as a holiday gift to their staff

“As a gift to their employees this holiday season, the company has partnered with One Tree Planted organization to plant trees in the Amazon forest, which recently suffered from fires” writes Naina Aidasani for mashable.com. A statement from the company read, “This time of year, we reflect on the things that are most important to us – our family, our friends, and our communities.Given that holidays are a time of excess, with over-spending and over-indulging, the company’s president wants to give back in a way that will improve the Earth. Source:…

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California utility scrambles to renegotiate wildfire deal

“If that were to happen, it would automatically void a separate $11 billion settlement deal PG&E has reached with insurers who say they are owed $20 billion for the fire insurance claims they expect to pay their policyholders in the wildfires blamed on the utility” writes The Associated Press for seattletimes.com. The San Francisco-based company needs to pull a deal off to meet a June 30 deadline to emerge from bankruptcy protection and regain its financial footing.One, a California state trial to be held in January, will determine whether PG&E…

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Less than an hour with my laptop showed me exactly why it’s so important to shop around for car insurance

“You’d shop around for anything else you’d buy, and I’m a firm believer that car insurance should be no different” writes Liz Knueven for businessinsider.com. Car insurance policies are truly individual, and every one costs each person a different amount.But, even so, I can’t recommend this process enough to anyone getting car insurance.With my new car insurance, I’ll be paying $110 less.Every car insurance company takes a different look at factors like driving history and credit scores. Source: businessinsider.com

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Techno Media Solutions presents its smart meter to water companies in Cairo and Giza

“Water companies in the governorates of Cairo, Giza, and Alexandria showed great interest in the smart meter the company presented during the Cairo Information and Communications Technology (ICT) 2019 exhibition” writes Mohamed Alaa El-din for dailynewssegypt.com. He said that the company pays special attention to the smart meter in the water field because of Egypt’s water poverty and the challenge of the Renaissance Dam. The company cooperates with major companies around the world in this field such as Schlumberger, Atron, Siemens, Halma, and Orange.Owaida stated that the officials of the…

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The CEO of a Silicon Valley startup was quietly fired after allegedly spending over $75,000 at strip clubs and charging it to a company credit card

“All told, Gilmore allegedly expensed “at least $125,000 in entertainment charges,” discovered in May when Turvo’s chief financial officer reviewed company credit card expense reports, according to the filing” writes Paige Leskin for businessinsider.com. The cofounder of a Silicon Valley software startup was fired as CEO earlier this year after he allegedly used his company credit card to expense over $75,000 spent at strip clubs while entertaining clients. Source: businessinsider.com

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News Stocks 

I didn’t have the cash to exercise my startup stock options. This Silicon Valley fund offered a way to do it without burying me in debt.

“Chou said ESO Fund is ideal for young people working for startups who do not have the resources to exercise stock options” writes Benjamin Pimentel for businessinsider.com. He had left before the company’s IPO. “I didn’t have money to do the early exercise of the stock options,” he said.ESO Fund has helped clients exercise stock options worth as little as $1,500, and has funded much bigger deals worth a few million, Chou said. Source: businessinsider.com

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How IgnitionOne, an adtech company that holding company Dentsu bought for $275 million, wound up selling in a fire sale

“Creditors from investment firm Progress Partners, Amazon, and adtech company PubMatic allege that IgnitionOne owes them hundreds of thousands of dollars in services” writes Lauren Johnson for businessinsider.com. Employees referred to IgnitionOne as “the largest adtech company that nobody’s ever heard of,” a former staffer said. Source: businessinsider.com

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