Month: June 2020

Salesforce’s Benioff blasts Facebook, renews ‘cigarettes’ charge: ‘They’re after your kids’

Salesforce (CRM) CEO Marc Benioff renewed his long-standing critique of Facebook (FB), as the social platform comes under withering criticism for its content policies.

Ahead of a polarizing general election, Facebook is embroiled in a controversy around the spread of misinformation and its content moderation policies. As part of a coalition called “Stop Hate for Profit” organized by the NAACP and the Anti-Defamation League, among others, nearly 100 companies have hit pause on advertising during the month of July — the latest being Coca-Cola (KO).

In an interview with Yahoo Finance, Benioff once again blasted Facebook for being “the new

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Why corporate America makes an unconvincing ally against racism

Amazon, Apple, McDonalds, JP Morgan – the biggest names in corporate America have all joined the global call for a reckoning on racial injustice in the wake of George Floyd’s brutal death at the hands of Minneapolis police last month.

Corporate donations to civil rights groups– at least $1.7bn by one estimate – have been accompanied by an outpouring of solidarity statements from the biggest names in fast food, finance and media.

Related: Brands are fighting to prove they are anti-racist – but is it enough?

Watching the news Marcia Chatelain, a provost’s distinguished associate professor of history at Georgetown

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Why China will emerge from COVID-19 stronger than the U.S.

As COVID-19 cases hit new highs in the U.S., it’s clear this scourge isn’t going away anytime soon. Besides all the short and medium term issues, another point to consider is the disease’s impact on bigger trends. 

The coronavirus’ effect on the digital revolution for instance has been much discussed—basically the pandemic serves as an accelerant—Exhibit A being the fortunes of the FANG companies and their ilk. Much less recognized though is how the pandemic is reshaping another mega-trend, that being the rise of China and more particular to us, our relationship with the Chinese.

It’s a complicated scenario because

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Universities get extra money to cover drop in international student numbers

Universities are to get a cash boost to help them deal with a drop in numbers from overseas students due to coronavirus: iStock
Universities are to get a cash boost to help them deal with a drop in numbers from overseas students due to coronavirus: iStock

Universities will be able to access extra funds to help them deal with a drop in overseas student numbers.

Ministers have said grants and low-interest loans will become available to cover up to 80 per cent of income losses due to fewer international students enrolling as a result of the coronavirus pandemic.

University-led research will be protected through emergency finance schemes as higher education establishments deal with budget holes.

Around £200m of the investment will be

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IPO Edge to Host IPO Summit Webinar TODAY at 12 EST

Virtual Event Participants include Sidley Austin LLP, MorganFranklin Consulting, Nasdaq, and ICR

As the capital markets gradually recover and companies begin planning for initial public offerings, IPO Edge will host a virtual IPO Summit to discuss a number of timely topics to help corporate issuers prepare. The approximately 90-minute event will be on Thursday, June 25, at 12:00 p.m. EDT. To register for the IPO Summit please click here.

The webcast, hosted in partnership with Sidley Austin LLP, MorganFranklin Consulting, Nasdaq, ICR, and The Palm Beach Hedge Fund Association, will consist of two panel discussions, followed by a

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