Scarlett Kuang – Karma https://karmaimpact.com Advancing people, planet and profit. Sat, 19 Sep 2020 18:44:35 +0000 en-US hourly 1 https://wordpress.org/?v=5.5 Your Shares Speak, Companies Listen /your-shares-speak-companies-listen/ /your-shares-speak-companies-listen/#respond Mon, 21 Sep 2020 10:05:00 +0000 /?p=17961 U.S. investors have turned up the heat on companies with a record number of ESG shareholder resolutions this year and the COVID-19 pandemic may spur even more proposals next year. Sixteen investor petitions concerning ESG matters have gotten more than half of shareholder votes at various companies’ annual meetings in 2020, up from 14 last […]

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ByteDance Uses Online Film Premiere to Gain in Streaming Rivalry With Tencent /bytedance-uses-online-film-premiere-to-gain-in-streaming-rivalry-with-tencent/ /bytedance-uses-online-film-premiere-to-gain-in-streaming-rivalry-with-tencent/#respond Wed, 05 Feb 2020 03:29:02 +0000 /?p=14784 ByteDance raised the stakes in its streaming rivalry with Tencent, with the first-ever premier of a free film on its social media platforms, which was seen more than a half-billion times during the Lunar New Year.  ByteDance last month paid $91 million for Huanxi Media Group’s comedy “Lost in Russia,” which was played more than […]

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Facebook’s New AI: Navigation Without Maps, En Route to Autonomous Delivery and Personal Assistants /facebooks-new-ai-navigation-without-maps-en-route-to-autonomous-delivery-and-personal-assistants/ /facebooks-new-ai-navigation-without-maps-en-route-to-autonomous-delivery-and-personal-assistants/#respond Thu, 23 Jan 2020 22:07:20 +0000 /?p=14666 Trying to find the nearest Starbucks in a city without Google Maps might not cause a person to go caffeine free in the future, as robots may soon be bright enough to navigate uncharted territory.   Facebook’s artificial intelligence team this week introduced its new algo which guides robots through unfamiliar real-world settings and uses the […]

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Tencent to Acquire Norway’s Funcom, As ByteDance Rivalry Moves Into Gaming /tencent-to-acquire-norways-funcom-as-bytedance-rivalry-moves-into-gaming/ /tencent-to-acquire-norways-funcom-as-bytedance-rivalry-moves-into-gaming/#respond Wed, 22 Jan 2020 22:01:29 +0000 /?p=14652 Tencent is feeling challenged by ByteDance, grabbing every opportunity to go after the TikTok publisher.  In the latest salvo, China’s Tencent is buying Norwegian games developer Funcom, owner of popular games including Conan Exile, for $148 million, the companies said. Tencent, which already owned nearly a third of Funcom shares, offered 27% more than Funcom’s […]

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As Drug-Resistant Bacteria Frustrates Big Pharma, Impact Investors See Opportunities /as-drug-resistant-bacteria-frustrates-big-pharma-impact-investors-see-opportunities/ /as-drug-resistant-bacteria-frustrates-big-pharma-impact-investors-see-opportunities/#respond Wed, 22 Jan 2020 20:57:44 +0000 /?p=14646 With more than 500,000 people dying each year due to their bodies rejecting currently available antibiotics, profits are drying up and the world’s largest drugmakers are backing off. This is leaving the field to a group of ambitious startups, according to a study. Four companies — GlaxoSmithKline Pharmaceuticals, Novartis International, Teva Pharmaceuticals and Mylan Pharmaceuticals […]

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As Big Business Faces Climate Obligations, Microsoft Jumps in With $1B Bet and Green Pledges /as-big-business-faces-climate-obligations-microsoft-jumps-in-with-1b-bet-and-green-pledges/ /as-big-business-faces-climate-obligations-microsoft-jumps-in-with-1b-bet-and-green-pledges/#respond Fri, 17 Jan 2020 23:11:49 +0000 /?p=14614 Big business is increasingly pointing the finger of blame back at itself regarding global warming — banks are cutting loans to coal projects, delivery firms are exploring electric vehicles and food conglomerates are pitching plant-based meats. Microsoft is the latest to vow to take ownership of its carbon footprint. The software firm pledged to be […]

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Frazier Healthcare Tops Target for Life Sciences Fund, Grabbing $617M on Soaring Biotech Demand /frazier-healthcare-tops-target-for-life-sciences-fund-grabbing-617m-on-soaring-biotech-demand/ /frazier-healthcare-tops-target-for-life-sciences-fund-grabbing-617m-on-soaring-biotech-demand/#respond Thu, 16 Jan 2020 21:07:55 +0000 /?p=14598 Frazier Healthcare raised a greater-than-expected $617 million for its latest fund, as private investors’ appetite for healthcare innovation shows no sign of slowing. Frazier Life Sciences X, the company’s third life sciences fund, is slated to invest in biotech products that address unmet needs. It opened with a goal of raising $500 million to $600 million, […]

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Death Toll From Heart Disease is Spiking, as Private Investors Race to Fund Treatments /death-toll-from-heart-disease-is-spiking-as-private-investors-race-to-fund-treatments/ /death-toll-from-heart-disease-is-spiking-as-private-investors-race-to-fund-treatments/#respond Wed, 15 Jan 2020 21:38:37 +0000 /?p=14586 Once thought manageable, heart disease is making a dangerous comeback in the U.S., killing more than ever with a surprising toll on city dwellers. While doctors cite increasing stress and spreading sedentary lifestyles, private investors are funding medical startups in an effort to bring to market innovations that treat cardiovascular diseases.   Heart disease remains the […]

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London Launches Government-Owned Clean Energy Company Against Decreasing Private Investments /london-launches-government-owned-clean-energy-company-against-decreasing-private-investments/ /london-launches-government-owned-clean-energy-company-against-decreasing-private-investments/#respond Tue, 14 Jan 2020 20:53:32 +0000 /?p=14565 Years after the U.K. privatized utilities, London’s mayor Sadiq Khan is moving things in another direction, in hopes of stimulating renewable energy use. Kahn launched London Power, offering city residents renewable energy that’s almost $400 a year less than what they pay now.   London Power promises that all the electricity used by its customers will […]

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“Shock” to Citizens May Be Needed as Climate Change Fight Fails, Deutsche Bank Says /shock-to-citizens-may-be-needed-as-climate-change-fight-fails-deutsche-bank-says/ /shock-to-citizens-may-be-needed-as-climate-change-fight-fails-deutsche-bank-says/#respond Mon, 13 Jan 2020 22:15:40 +0000 /?p=14550 Would you convert to a plant-based diet to stop climate change? Have one fewer child? Sadly, while personal sacrifices are commendable, they haven’t been enough to curb global warming. “A big-picture holistic solution” regarding global transportation, industry and electricity generation is needed, and the necessary changes might inevitably bring economic trade-offs, suggested a Deutsche Bank […]

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