Apple says it’s going fully carbon neutral by 2030, Spotify adds video to its podcast strategy and the U.S. charges two alleged Chinese spies in what it describes as a global hacking campaign. Here’s your Daily for July 21, 2020.
The big story: Apple commits to carbon neutrality
Apple announced today that it plans to make its entire business — including its supply chain and resulting products — carbon 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-focused announcement, Apple said it’s launching an Impact Accelerator that invests in minority-owned businesses.
“Systemic racism and climate change are not separate issues, and they will not abide separate solutions,” VP Lisa Jackson said in a statement. “We have a generational opportunity to help build a greener and more just economy, one where we develop whole new industries in the pursuit of giving the next generation a planet worth calling home.”
The tech giants
Spotify launches video podcasts worldwide, starting with select creators — Spotify says its users will be able to seamlessly move between the video version and the audio of a podcast.
Netflix tests new low-cost subscription plan in India — The new Mobile+ plan costs 349 Indian rupees ($4.70) per month.
Instagram is testing a ‘Personal Fundraiser’ feature — Instagram says all fundraisers will be first vetted to ensure they meet the existing guidelines and rules.
Startups, funding and venture capital
Gett raises $100M more to double down on its B2B on-demand ride business — The company says its B2B business has been growing in the midst of the global health pandemic.
Robinhood, the stock trading app, postpones UK launch ‘indefinitely’ — “As a company, we are refocusing our efforts on strengthening our core business in the US,” a spokesperson said.
Diaspora Ventures wants to invest in French founders with a global mindset — Founders Ilan Abehassera and Carlos Diaz grew up in France but have been in the U.S. for more than a decade.
Advice and analysis from Extra
The future of work is human — Human Ventures CEO (and former CEO) Heather Hartnett says her firm is calling for entrepreneurs who are building companies that reimagine the way we work.
Edtech startups flirt with unicorn-style growth — How will a boost in later-stage funding affect the edtech landscape?
All B2B startups are in the payments business — BlueSnap’s Jeff Coppolo argues that whether they know it yet or not, B2B tech platforms are becoming payments companies.
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US charges two Chinese spies for a global hacking campaign that targeted COVID-19 research — The 11-count indictment alleges that Li Xiaoyu and Dong Jiazhi stole terabytes of data from high-tech companies around the world.
NBCU’s Peacock streaming service hits 1.5M app downloads in first 6 days — That’s 25% more than the 1.2 million installs Quibi saw during the same period post-launch in the U.S., but only 12% of the 13 million downloads Disney+ generated within its first six days, according to Sensor Tower.
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