News Oil 

Italian oil giant to plant huge forests to offset carbon emissions

“ENI, the Italian oil and gas company, will plant forests four times the size of Wales across southern Africa to help cut its net carbon emissions to zero by the end of the next decade” writes Matthew Lynn for telegraph.co.uk. The new strategy will also include planting enough trees to absorb more than 20 million tonnes of carbon every year by 2030.The €56bn oil company hopes the forests will help absorb its excess emissions while cleaning up its global oil and gas production business.Under the new strategy ENI will also…

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News 

Tesla’s creditworthiness still “strained,” Moody’s says

“SPX, +0.51% Moody’s rates Tesla debt B3, putting it in the junk category” writes Claudia Assis for marketwatch.com. Tesla Inc.’s TSLA, -4.01% creditworthiness still faces “meaningful pressures” even though the company reached some of its Model 3 goals and repaid debt on time, Moody’s Investors Service said in a note Friday.The strategy reversals, which include backtracking on its decision to close stores, show management shortcomings, Moody’s said.”Tesla is challenged internally by ongoing operational missteps and strategy reversals over a short time period,” the credit ratings agency said in a note…

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News 

AT&T’s has a streaming choice problem that has the industry guessing about its long-term strategy

“That’s a lot of choice for consumers in a pay-TV industry that’s already highly fragmented” reports businessinsider.com. A director who worked in marketing said the strategy to sell DirecTV and cellphone packages always seemed disconnected, especially as AT&T started pushing harder for wireless sales. Source: businessinsider.com

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News Stocks 

What General Electric investors want from CEO on Thursday

“Culp has a chance to attract more investors by providing greater clarity on GE’s strategy when he and other GE leaders lay out their 2019 financial forecast on Thursday” writes Midwest Communications Inc for 95kqds.com. GE’s power unit has cut 12,000 jobs and 30 percent of facility space but plans to spend more on restructuring this year, he added.NEW YORK (Reuters) – Portfolio manager Michael Kon began buying General Electric Co shares about a year ago and got more last fall after GE Chief Executive Larry Culp outlined plans to…

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News Platforms 

‘Our value proposition goes beyond the Amazons and Nikes of the world’: Snap is going on the charm offensive with a splashy presence at SXSW

“Our value proposition goes beyond the Amazons and Nikes of the world” writes Tanya Dua for businessinsider.com. The self-labeled camera company is going all out at SXSW for the first time.This year’s showy presence at SXSW is a marked difference for the company, which for years has been viewed as being secretive and unforthcoming. Source: businessinsider.com

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Crypto News 

German Financial Regulator Issues Paper on Blockchain Securities Regulation

“The issuance of crypto tokens purportedly will not be subject to existing market regulations since crypto tokens do not represent securities, investment or other financial instruments according to the Securities Trading Act” writes Ana Alexandre for cointelegraph.com. The German Federal Ministry of Finance has published a key issues paper on the treatment and regulation of blockchain-based securities, according to a ministry announcement on March 8.However, initial coin offering (ICO) of crypto tokens is put up for discussion in the paper as investing in crypto tokens purportedly poses risks for investors.Recently,…

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News 

Can Banks Safely Monetize Consumer Data?

“The first step to successful data monetization, Koch explained, is to have a successful data strategy” reports pymnts.com. Yet, it is a way, Koch emphasized, to set the innovative and creative data monetization strategies without fear of data compromise.An “internal” data monetization strategy involves “using your own data to create new products or revenue streams with existing customers,” Koch said.To drive home the fact that “data is not the boogeyman if you craft monetization strategies correctly,” Koch said.Data monetization can be complex (though probably not as complex as most people…

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