Praveen chintu

Environmental and social justice-focused funds are booming — so much so that the Securities and Exchange Commission is mulling new regulations to clamp down on funds that fail to back up certain altruistic claims. On Wednesday, the SEC proposed broadening the scope of its Names Rule, which enables the agency to take action against mutual and exchange-traded funds with misleading names. The amendment would require funds that use ESG (environmental, social and governance) or similar terminology in their names to put at least 80% of their holdings into those assets. According to the SEC, the update “would help to prevent potential ‘greenwashing’ in fund names by requiring a fund’s investment activity to support the investment focus its name communicates.” The SEC first floated such a change in 2020 . Should the proposal pass, it would be the first amendment to the Names Rule since it was adopted more than two decades ago. The agency also proposed upping disclosure rules for funds th...

As a handful of Apple retail locations begin the process of unionizing, the trillion-dollar company’s vice president of people and retail Deirdre O’Brien delivered a warning to 58,000 retail staff in a video that was leaked to The Verge. “I want to start off by saying that it is your right to join a union, and it’s equally your right not to join a union,” O’Brien began her address. Since April, Apple stores in New York , Maryland and Atlanta have announced their intent to unionize, and earlier today, the Apple store at Oxmoor Center Mall in Louisville, Kentucky announced its union campaign. Workers at these Towson, Maryland and Atlanta, Georgia stores have successfully filed to hold union elections. This means that even if Apple won’t voluntarily approve their union, they can still achieve formal recognition by earning more than 50% of votes in an election facilitated by the National Labor Relations Board (NLRB). The Atlanta store at the Cumberland Mall will likely be first to h...

Nine days ago, Terraform Labs founder Do Kwon shared a plan to revive the Terra Ecosystem after its stablecoin UST and cryptocurrency LUNA nosedived earlier this month, bringing down the crypto markets with them. Today, Terra’s plan has passed and been approved by the community. “Terra 2.0 is coming,” Terra’s official Twitter account tweeted on Wednesday. “With overwhelming support, the Terra ecosystem has voted to pass Proposal 1623 , calling for the genesis of a new blockchain and the preservation of our community.” The proposal will effectively create a new layer-1 Terra blockchain without its algorithmic stablecoin. The old blockchain will be called Terra Classic (LUNC) and the new blockchain will be called Terra (LUNA), the company tweeted . The Luna token is new and should not be confused with the old one under the same exact name (confusing, I know.) The proposal had 65%, or about 200 million votes, in favor of the plan, while about 21%, or 54 million, abstained, and about...

Google Photos is beginning to introduce new Real Tone filters this week, Google announced . The new filters are rolling out on Android, iOS and the web and can be accessed in the ‘Filters’ tab in Google Photos’ image editor. The company says the new Real Tone filters were designed by “professional image makers” to accurately represent various skin tones in photos. “These filters were designed by professional image makers to work well across skin tones, so you can choose the filter that reflects your style,” the company said in a tweet about the launch. The new Real Tone filters in Google Photos are starting to roll out today on Android, iOS, and web. These filters were designed by professional image makers to work well across skin tones, so you can choose the filter that reflects your style. pic.twitter.com/UwTS4KIodY — Google Photos (@googlephotos) May 24, 2022 A screenshot tweeted by Google shows that among the Real Tone filters are “Playa,” “Honey,” “Isla” and “Desert.” T...

Two top executives at Grab Holdings' fintech business have quit, adding to other senior departures in recent months, as the Southeast Asian ride-hailing and delivery firm rejigs the key unit at the loss-making group, two sources said. from Gadgets Now https://ift.tt/VCQId6s

When Wenbo Shi started Singularity Energy , a carbon intelligence platform that today raised a $4.5 million seed round , he never thought he would focus the company on a greenhouse gas. But one conversation with a customer changed the way he viewed his product and, ultimately, his company and the type of customers it now serves. “The journey was really customer driven, to be honest. When I started the company three years ago, I wasn’t thinking of carbon at all,” Shi said. “The first idea that I had for Singularity was that we’d do intelligent control for batteries, for EV charging, for those types of things. The objective for battery control is always going to be, ‘How can I save money for the customers?'” A few years ago, Shi and Singularity had that goal in mind when working with the Harvard Innovation Lab, which houses entrepreneurial resources for Harvard Business School students. The university was looking to pair a battery with solar panels on the building’s roof. “During ...

Netflix has announced four more games that are launching on its platform this month, including a new Exploding Kittens game that is based on a popular card game and will also be tied to an upcoming Netflix series premiering in 2023. The four new titles bring Netflix’s gaming catalog to 22 games in total. The Exploding Kittens game, which was developed by Direwolf Digital, retains the classic gameplay from the original card game, where players draw cards aiming to avoid the Exploding Kitten. Users will be able to play with two new exclusive cards, Radar and Flip Flop, to allow players to manipulate the deck in new ways. The new Exploding Kittens game will launch May 31 in more than 15 languages. Image Credits: Netflix One of the other titles joining Netflix’s list of games is Dragon Up, which was developed by Canadian developer East Side Games. The single-player adventure game sees players hatch and collect rare dragons in order to save their kingdom. Netflix notes that to make ...