Group items tagged

"The measure, called AB 701, was approved by the state Assembly earlier in the month and signed into law by Newsom on Sept. 23. The law, which goes into effect on Jan. 1, 2022, bars mega-retailers such as Amazon from firing or retaliating against warehouse workers for missing quotas that interfere with bathroom and rest breaks."

Mega companies are pledging zero carbon emissions. This puts pressure on the shippers to get the business of these mega companies. Failure to reach the 20240 goal could result in lost revenue. Interesting use of coporate pressure to make things happen. Once a few of the companies reach zero emissions, the others will face considerable pressure to do so as well.

Global Sales Brands (Mercedes, IKEA, Walmart, Amazon)-companies with extensive data about their consumers will use fintech to offer financial services to customers, profiting from good risk and pushing bad risk to banks and insurance companies. So far this year, investors have poured $4.25 billion into embedded finance startups, almost three times the amount in 2020

Impacts and Implications are huge...great find!

ZeroAvia announced a development collaboration with Alaska Air Group, the parent company of Alaska Airlines, for a hydrogen-electric powertrain capable of flying 76-seat regional aircraft in excess of 500 NM. Alaska is also joining the list of top investors for the company, alongside a fellow Seattle-based Amazon Climate Pledge Fund and Bill Gates's Breakthrough Energy Ventures. Alaska Airlines has also secured options for up to 50 kits to begin converting its regional aircraft to hydrogen-electric power through ZeroAvia's zero-emission powertrain. Zero emission would be a huge step, and nice to see Bezos and Gates both involved.

"This book tells a tale of innovation, disruption, and transformation. Mobile money, e-money, e-float, e-wallets, mobile banking, however you characterise it, is not just a cool app. It s a killer app, the first for mobile phones in the developing world. It s also a disruptive innovation that threatens incumbent businesses and is sparking new business formation and entrepreneurship. Nowhere is this mobile money phenomenon more prevalent and successful than in Kenya. In five years, 19 million Kenyans, more than 70% of the adult population, have signed up for mobile money services. Fifteen million are customers of M-PESA ( M for Mobile and pesa means money in Swahili). Now, one out of every two people in the world who sends money over a mobile phone is a Kenyan. Mobile money is the rare case in which an African country is the global market leader and an exporter of innovation." The author says, "It has been so successful in these markets because it leapfrogged the payment card industry," he said, "which requires expensive ATM and Point of Sale (POS) networks to function. ATMs and POS Terminals require regular maintenance and, with ATMs, regular liquidity balancing. By leveraging third party retail outlets and making the phone the primary means of exchange, mobile money bypassed the need to distribute ATMs and POS Terminals. The reverse is true in the US: mobile money isn't leapfrogging the payment card industry, it's augmenting it."