DIRS.INFO The most relevant business & tech news

☆ Musk's future at Tesla under scrutiny
▼ + stars: | 2024-02-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMusk's future at Tesla under scrutinyKristen Hull, Nia Impact Capital founder, joins 'Power Lunch' to discuss Elon Musk being under scrutiny following an article from the WSJ about his concerning behavior.

Persons: Kristen Hull, Elon Musk Organizations: Nia Impact

☆ New York City investment chief calls on Tesla to sanction Musk unless he apologizes
▼ + stars: | 2023-11-21 | by ( Ross Kerber | ) www.reuters.com time to read: +5 min

Lander's remarks make him the latest Tesla shareholder to call on the EV maker to rein in Musk. Musk endorsed an antisemitic post on social media platform X, formerly known as Twitter, on Nov. 15. It remains unclear whether Tesla's board will take any action. If Musk fails to do so, Tesla's board should consider actions such as docking his pay, suspending him or terminating him, Lander added. He wrote to Tesla board chair Robyn Denholm on Monday that failing to take action would show Tesla's code of business ethics to be "toothless."

Persons: Tesla, Elon Musk, Rishi Sunak, Kirsty Wigglesworth, Brad Lander, Lander, Lander's, Ross Gerber, Musk, Linda Yaccarino, Robyn Denholm, Henry Ford, Nazism, Kristin Hull, Nia, Tesla's, Ross Kerber, David Gaffen, Sheila Dang, Greg Roumeliotis, Matthew Lewis Organizations: British, New York, Reuters, Nia Impact, Gerber Kawasaki Wealth & Investment Management, U.S . Securities, Exchange Commission, SpaceX, Boring Company, Ford Foundation, White, Media, America, Defamation League, Thomson Locations: London, Britain, New, New York City, New York, Dallas

☆ Tesla investors and business leaders slam Elon Musk for endorsing an antisemitic post
▼ + stars: | 2023-11-17 | by ( Madeline Berg | ) www.businessinsider.com time to read: +5 min

Elon Musk is facing backlash from business leaders after he appeared to endorse an antisemitic conspiracy theory. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementElon Musk is facing backlash from the business community after he appeared to endorse an antisemitic post on X. AdvertisementAnother Tesla bull, Gary Black, whose Future Fund invests in Tesla, similarly reported that clients had reached out to him regarding Musk's comments. While the backlash escalates, Musk's chosen X CEO Linda Yaccarino is left to clean up the growing mess.

Persons: Elon Musk, —, Elon, Musk, Musk's, Dustin Moskowitz, Marc Bodnick, Andrew Left, Tesla, Ross Gerber, I've, Gary Black, Kristin Hull, Nia, demote, Bravo —, Linda Yaccarino Organizations: IBM, Service, Buffalo, Elon, SpaceX, BMW, CNBC, EV, Tesla, Nia Impact, Employees, Media, Apple, Oracle Locations: Pittsburgh

☆ Sports drink entrepreneur Mike Repole takes majority stake in sneaker brand Nobull
▼ + stars: | 2023-07-20 | by ( Jessica Golden | ) www.cnbc.com time to read: +2 min

Nobull is a training brand founded in 2015 by former Reebok executives Marcus Wilson and Michael SchaefferNobull is a training brand founded in 2015 by former Reebok executives Marcus Wilson and Michael Schaeffer. Terms of the deal were not disclosed, but Repole said it's his biggest investment in a brand to date. Mike Repole's private equity firm will buy a majority stake in the company Nobull, he told CNBC on Thursday. "I think that this brand can really be a life-changing brand for so many people," Repole said. Co-founder Wilson said Repole's history of successful exits is part of what makes him a compelling partner for Nobull.

Persons: Marcus Wilson, Michael Schaeffer Nobull, Michael Schaeffer, Repole, it's, Mike, It's, Vitaminwater, Wilson, who's Organizations: Reebok, CNBC, Impact Capital, NFL, Nobull Locations: Boston, United States, United Kingdom, China, Coke

☆ Tesla investors claim Elon Musk is too distracted
▼ + stars: | 2023-04-21 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTesla investors claim Elon Musk is too distractedKristin Hull of Nia Impact Capital and media strategist Dennis Kneale discuss criticism from some investors that Elon Musk's focus on other ventures is hurting Tesla. Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

☆ Elon Musk had a rough week across his empire — Tesla, Twitter and SpaceX
▼ + stars: | 2023-04-21 | by ( Lora Kolodny | ) www.cnbc.com time to read: +5 min

The investors are particularly concerned with Musk and Tesla's handling of human rights and workers' rights. Their letter recounts many lawsuits in which Tesla has been sued over: racial discrimination, union-busting, wage theft, sexual harassment and unsafe working conditions. "Instead of working to address problems with regulators, CEO Musk has made derogatory tweets and comments, fueling tensions," they wrote. The open letter to Tesla's board comes after Tesla shares have declined more than 15% over the past month. Musk-led Twitter also removed "government-funded" and "China state-affiliated" labels from Twitter accounts of a myriad of global media organizations.

☆ Jamie Dimon is riding to the rescue again. This time, he's poised to come out on top.
▼ + stars: | 2023-03-31 | by ( Carter Johnson | ) www.businessinsider.com time to read: +15 min

Why, then, has Dimon been so willing to swing back into action in the wake of Silicon Valley Bank's collapse? But it's starting to look like JPMorgan — and Dimon — will end up winners no matter how things turn out. In backstopping First Republic, JPMorgan helps a client and a bank that experts say would fit nicely into its business. By saving First Republic, JPMorgan also stands to gain goodwill from Silicon Valley startups, which are customers of the smaller bank. The paper also reported that regulators asked Dimon, Bank of America, and other banks to buy Silicon Valley Bank and pay out depositors over the insured limit.

☆ There's a crop of great biotech companies ready to be acquired, says MPM's Christiana Bardon
▼ + stars: | 2023-02-02 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere's a crop of great biotech companies ready to be acquired, says MPM's Christiana BardonDr. Christiana Bardon, co-managing partner of MPM's BioImpact Capital, joins 'The Exchange' to discuss tailwinds in the pharmaceutical and biotech sector, innovation in obesity drugs, and acquisition risk in pharmaceuticals.

☆ This small-cap fund has been killing it over the last 10 years. Here's how they do it
▼ + stars: | 2023-01-23 | by ( Alex Harring | ) www.cnbc.com time to read: +6 min

That approach aligns with the firm's Private Capital Management Value Fund (VFPIX), which focuses on holding and deeply understanding a handful of small-cap companies. Meanwhile, the broader S & P 500 lost 19.4% in 2022, while the small-cap focused Russell 2000 dropped about 21.6%, according to FactSet. About one-third of the fund's assets today are from the retirement plan assets of Private Capital Management employees. Though fund leadership understands small-caps can trade with more variability, they don't equate that with exposure to more risk. He said there are more companies to choose from, with many stocks' market caps slashed into small-cap territory in 2022's bear market.

☆ Tesla shares have fallen 28% since Elon Musk took over Twitter, lagging other carmakers
▼ + stars: | 2022-12-13 | by ( Lora Kolodny | ) www.cnbc.com time to read: +4 min

CEO of Tesla Motors Elon Musk speaks at the Tesla Giga Texas manufacturing "Cyber Rodeo" grand opening party in Austin, Texas, on April 7, 2022. U.S. electric truck maker Rivian has fallen by 27% over that period. Shares in electric vehicle maker Tesla have fallen 28% since October 27, when CEO Elon Musk bought Twitter and appointed himself "Chief Twit," or CEO, of the social media business. Musk sold billions of dollars' worth of his Tesla holdings to finance the Twitter takeover. Since he took over the company, Musk has been regularly posting incendiary tweets, especially aimed at people who hold center-to-left political values, and whom Musk often paints as enemies with a "woke mind virus."

☆ Silicon Valley startup Actual made climate action into a SimCity-like game. Sheep farmers are the first players.
▼ + stars: | 2022-12-09 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +6 min

The startup modeled hundreds of sheep farms in New Zealand to show ways to reduce emissions. So how do you get hundreds of sheep farmers to adopt new practices to reduce greenhouse-gas emissions and store more carbon in their land? Enter Actual, a Silicon Valley startup that's trying to make decarbonization efforts similar to playing the video game SimCity. Actual relies on a visual and interactive experience to help companies better understand how to take action on their climate goals. Brands like Allbirds, Helly Hansen, and Icebreaker have bought in, too, because they are trying to reduce emissions in their own supply chains.

☆ A day in the life of a 20-year-old Gen Z venture capitalist in London's bustling startup scene
▼ + stars: | 2022-11-16 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +7 min

But he said older VCs he's interacted with mostly tend to disagree and stick to emails when interacting with founders. Nathwani strayed into venture capital after finishing his A-Levels, as it looked like a good way to marry his interests in social impact and investing. He spoke with a few investors and a founder as part of his job as a summer associate at Social Impact Capital. He spent most of the morning working on an impact report for Social Impact Capital. 2:30 p.m.Nathwani used some time after lunch to do more work for Social Impact Capital and wade through his 30,000 unread emails.

☆ Turner Impact Capital opens new healthcare, affordable housing social funds
▼ + stars: | 2022-11-14 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTurner Impact Capital opens new healthcare, affordable housing social fundsBobby Turner, Turner Impact Capital CEO, joins the 'Halftime Report' to discuss why he's made impact investing a priority, Turner's experience raising capital for new affordable housing and healthcare funds and more.

☆ Watch CNBC's full interview with Turner Impact Capital's Bobby Turner
▼ + stars: | 2022-11-14 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Turner Impact Capital's Bobby TurnerBobby Turner, Turner Impact Capital CEO, joins the 'Halftime Report' to discuss why he's made impact investing a priority, Turner's experience raising capital for new affordable housing and healthcare funds and more.

☆ A pair of European VCs just closed the first tranche of a $50 million social impact fund. Here's the 7-slide LP deck Redstone and EnjoyVenture used to raise the funds.
▼ + stars: | 2022-10-27 | by ( Tasmin Lockwood | ) www.businessinsider.com time to read: +2 min

European VC firms Redstone and EnjoyVenture have closed the first tranche of their social impact fund. We got an exclusive look at the 7-slide LP deck it used to raise the first tranche of the fund. He agreed, but only if he could set up his own venture fund. Paul said he had seen a flurry of activity around environmental impact investing but less so around social impact. "The idea was really to have a holistic understanding of social impact," he said.

☆ 'Run, don't walk' from index funds, says a hedge fund manager who ran one of the best-performing mutual funds. He breaks down why most funds aren't ready for a two-stage bear market that could last ov
▼ + stars: | 2022-10-25 | by ( Laila Maidan | ) www.businessinsider.com time to read: +6 min

George Noble says most fund managers and index funds aren't equipped for the changing economy. He admits that equity hedge funds haven't fared well in the last decade when their performance became mediocre. Between 1991 to 2009, he ran two hedge funds that eventually closed. He points to the Goldman Sachs Hedge Fund VIP Index, a collection of the top long-equity holdings within the portfolios of fundamentally driven hedge fund managers, as an example. For this reason, index funds, technology funds, and high-growth funds are a disaster.

☆ Apple agrees to "make improvements" to its NDAs after whistleblower documents showed evidence the company used the agreements to silence employees
▼ + stars: | 2021-11-23 | by ( Matt Drange | ) www.businessinsider.com time to read: +8 min

A year later, Apple reversed course, agreeing to "not enforce" strict NDAs regarding instances of harassment, discrimination or potentially illegal conduct in the workplace. "Apple has in the past simply given a statement and let things sweep under the rug," Scarlett told Insider on Friday. Citing her own experience receiving NDAs from Apple, Scarlett filed a whistleblower complaint with the SEC on October 25. In reviewing dozens of confidential NDAs shared by tech workers, the investigation revealed the broad language frequently used to silence employees, including at Apple. In reporting on nondisclosure agreements at Apple, Insider asked the company if it had ever pursued legal action against a former employee over an alleged breach of their NDA.

Search resuls for: "Impact Capital"

17 mentions found