Category: TC
Financing for social impact and climate businesses gets a billion dollar boost with new KKR fund
KKR, the multi-billion dollar, multi-strategy investment firm, has closed on over $1.3 billion for companies focused on social and environmental challenges. KKR Global Impact says its fund will focus on identifying and investing in companies worldwide where preformance and social impact are intrinsically aligned. Specifically, the fund will invest in…
Read More
Sundance: Feels Good Man charts a path of redemption for Pepe
Can a meme be redeemed? That’s the central question in Arthur Jones’ Feels Good Man — a documentary that premiered at Sundance this year charting the course of the creator of Pepe the Frog, a comic book character turned universally recognized meme, as he attempts to reclaim it from racists…
Read More
Karma Automotive to lay off 60 more workers at California headquarters
Karma Automotive is laying off 60 workers at its Irvine, Calif., headquarters, just three months after cutting 200 workers, according to documents filed with the California Employment Development Department. The Chinese-backed California-based startup filed the notice under the Worker Adjustment and Retraining Notification Act, which requires employers to alert the…
Read More
FTC votes to review influencer marketing rules & penalties
Undisclosed influencer marketing posts on social media should trigger financial penalties, according to a statement released today by the Federal Trade Commission’s Rohit Chopra. The FTC has just voted 5-0 to approve a Federal Register notice calling for public comments on questions related to whether The Endorsement Guides for advertising…
Read More
Microsoft’s game streaming service Project xCloud launches in preview on iOS
Last year, Microsoft launched a preview of Project xCloud, its ambitious game streaming service that aims to deliver games to any screen — console, PC, or mobile. However, the service until now has only been available to mobile users on Android. Today, that changes as Microsoft is bringing the Project…
Read More
Lawsuit alleges Juul advertised in Seventeen Magazine, Nick Jr. as part of campaign explicitly targeting kids
A lawsuit filed by the Massachusetts attorney general includes new details about how the company intentionally marketed illegally to teens, including advertising on websites for Seventeen Magazine, Cartoon Network, Nickelodeon and Nick Jr. The suit from Attorney General Maura Healey makes good on the 2018 announcement from her office that…
Read More