Israeli Prime Minister Benjamin Netanyahu's prospects for another term were uncertain on Wednesday after partial results from a national election projected no clear path to victory.
Israeli Prime Minister Benjamin Netanyahu's prospects for another term were uncertain on Wednesday after partial results from a national election projected no clear path to victory.
Tempo, which launched its first home "studio" in February 2020, on Tuesday announced its $220 million Series C led by SoftBank Vision Fund with participation from new investor Steadfast Venture Capital, and returning investors DCM, General Catalyst, Norwest Venture Partners, and Bling Capital. T
GAMCO Investors, Inc. (NYSE:GBL) has appointed Peter D. Goldstein as General Counsel of GAMCO Investors, Inc., effective April 16, 2021.
Swedish prosecutors said on Tuesday an investigation showed that Russia's GRU military intelligence agency had carried out serious data secrecy breaches at Sweden's sports confederation in 2017 and 2018 but it was nevertheless dropping the case. The Swedish Prosecution Authority said in a statement that repeated and comprehensive breaches had resulted in the GRU accessing Swedish athletes' personal details, such as medical records, which were subsequently published. "Against the background of parties acting for a foreign power, in this case Russia, we have reached the conclusion that the necessary preconditions for taking legal proceedings abroad or extradition to Sweden are lacking," Prosecutor Mats Ljungqvist said in the statement.
Tottenham will face Manchester City in the Carabao Cup Final after both sides saw off local rivals in the semi-finals. Spurs eased past fellow Londoners Brentford 2-0 on Tuesday night with goals from Moussa Sissoko and Heung-min Son in north London. The second semi-final saw Manchester United host Man City at Old Trafford, and the visitors prevailed following an open first half.
In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this India Data Center Market Report. The India data center market by investment is expected to grow at a CAGR of over 12% during the period 2020–2026.New York, April 13, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Data Center Market in India - Industry Outlook and Forecast 2021-2026" - https://www.reportlinker.com/p05724773/?utm_source=GNW The India market is witnessing significant investment from colocation service providers due to high demand from BFSI, logistics, transportation, e-commerce, and government agencies, fueled by the outbreak of the COVID-19 pandemic. Several global colocation and data center service providers have been shown a tremendous inclination toward the Indian data center market, which is likely to contribute to the market growth. For instance, in August 2020, Equinix entered India with the acquisition of GPX Global Systems in Mumbai, which is likely to close by Q2 2021. In December 2020, Adani Group announced to set up a hyperscale data center facility with an investment of around $340 million in Chennai. The company had partnered with the global colocation service provider, EdgeConneX, to build and operate 1 GW of data center campuses across the country, powered by renewable energy power plants in India. Government agencies and enterprises are setting up their own data centers in India. The deployment of on-premises infrastructure solutions continues to grow in the market. Also, the National Payments Corporation of India, State Bank of India, National Payments Corporation of India, and Information Technology Department Tamil Nadu investing in their self-built facilities in the country. The following factors are likely to contribute to the growth of the India data center market during the forecast period: • Impact of the COVID-19 Pandemic • Increased Investments on Edge Data Centers • Procurement of Renewable Energy in Data Centers • Adoption of Hyperconverged & Converged Infrastructure Platforms The study considers the present scenario of the India data center market and its market dynamics for the period 2020?2026. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent ones operating in the market. India Data Center Market Segmentation The india data center market research report includes a detailed segmentation by IT infrastructure, electrical infrastructure, mechanical infrastructure, cooling systems, general construction, tier standards, geography. The demand for servers suitable for cloud and big analytics workload is expected to grow during the forecast period. The adoption of converged and hyper-converged infrastructure solutions is likely to influence market growth during the forecast period. Enterprises are likely to prefer servers that reduce space in the data center environment without affecting performance. The market is expected to witness the growth of white-box server systems as enterprises are keen to adopt server infrastructure based on open community designs . The procurement of lithium-ion UPS solutions is likely to be high among colocation providers. Modular operators are likely to promote less than 500 kW lithium-ion UPS systems. The adoption of single-rack prefabricated solutions will include single-phase lithium-ion systems with a power capacity of less than 10 kVA. There is a growing interest among large and mega facilities to procure UPS systems of more than 750 kVA. However, small and medium facilities are procuring UPS systems with a capacity of less than 500 kVA. Moreover, the growing rack power density and the need to provide high availability services are expected to increase the importance of UPS systems across India. The use of air-based cooling dominates the India data center market share with over 90% shares. The scarcity of water in the major metropolitan cities is expected to pose challenges for the growth of the water-based cooling technique in the market. The construction of facilities with a power capacity of over 10 MW is expected to contribute to the growth of cooling solutions in the market. Most facilities in India have a flexible design that allows the use of up to 52U rack sizes. The rack market is expected to grow with the rise in the OCP-ready space as a number of cloud-based, and internet-based service providers are considering adopting OCP architecture-based IT infrastructure systems. The use of CRAC units is higher among the facilities in India, and most facilities use air-based cooling systems. Most facilities operating in colder climatic conditions adopt free cooling chillers with smart technology as they enable operations based on the temperature outside. The data center market in India has a strong presence of construction contractors and sub-contractors. Sterling and Wilson and L&T Construction are among the leading contractors in the market. These providers can perform installation and commissioning services. Thus, the increasing construction of new facilities is likely to influence multiple global construction contractors to enter the market. Installation and commissioning services are essential aspects of data center development. Several Tier III and Tier IV facilities in India are certified by the Uptime Institute for design, construction, and operational stability. This is commonly needed for colocation service providers to attract customers for their service offerings. According to the Uptime Institute, the total number of the certified data centers are around 35 in 13 states across India, which includes local and global facilities. The number of Tier III certified data centers is higher than Tier IV and Tier II. Maharashtra, Uttar Pradesh, Haryana, Karnataka, and Gujarat are the major states with certified facilities. In India, several under-developed projects fall under the Tier III category. This trend is likely to continue during the forecast period, with many operators expected to shift to the Tier IV category with the growth in rack power density and critical applications. There are five data center facilities in India situated in Maharashtra, Tamil Nadu, and Andhra Pradesh, according to the uptime institute. By IT Infrastructure • Servers • Storage • Network By Electrical Infrastructure • UPS Systems • Generators • Transfer Switches and Switchgears • PDUs • Other Electrical Infrastructures By Mechanical Infrastructure • Cooling Systems o CRAC & CRAH Units o Chiller Units o Cooling Towers, Dry Coolers, & Condensers o Other Cooling Units • Racks • Others Mechanical Infrastructure By General Construction • Core and Shell Development • Installation and Commissioning Services • Engineering and Building Designs • Physical Security • DCIM/BMS By Tier Standards • Tier I &II • Tier III • Tier IV INSIGHTS BY GEOGRAPHY Maharashtra is a major data center development destination in India. Mumbai is the leading city for data center development, followed by Chennai. AWS, Microsoft, Alibaba, and Google have a physical presence in Mumbai. Colt DCS is developing the largest data center in Mumbai with a total power capacity of over 100 MW. Favorable government incentives and high IT connectivity are the major factors influencing data center development in Maharastra. Mumbai is a major location, with high submarine cable deployments that connect to key markets and regions across the world. In April 2020, Google announced an investment of around $400 million in the deployment of Blue-Raman cable, which connects India with Israel and Italy. By Geography • India o Maharashtra o Tamil Nadu o Other States INSIGHTS BY VENDORS The India data center market consists of several IT, electrical, and mechanical infrastructure providers. Arista Networks, Atos, Broadcom, Cisco Systems, Dell Technologies, Caterpillar, Schneider Electric, Vertiv, and Cummins are some major IT and support infrastructure providers. Infrastructure vendors are likely to offer innovative products that help to reduce power consumption and improve efficiency during the forecast period. The market is also likely to witness high demand for UPS and generators of varied capacities in small, medium, and large data centers. The demand for high-capacity systems with 2N redundant configuration is expected to increase over the next few years. The India data center market is witnessing intense competition among local service providers as several operators are rapidly expanding their operations. New market entrants are offering tough competition to established players. Key Data Center Critical Infrastructure Providers • Arista Networks • Atos • Broadcom • Cisco Systems • Dell Technologies • Hewlett Packard Enterprise • Huawei Technologies • IBM • Juniper Networks • Lenovo • NEC Corporation • NetApp Key Data Center Support Infrastructure Providers • ABB • Blue Box • Caterpillar • Climaveneta Climate Technologies • Cummins • Delta Electronics • Eaton • KOEL • Legrand • NetRack Enclosures • Panduit • Rolls-Royce Power Systems • Reillo Elettronica • Rittal • Schneider Electric • Siemens • STULZ • Vertiv Group Key Data Center General Construction Contractors • AECOM • DSCO Group • Larsen & Toubro • Prasa • Sterling and Wilson • Turner & Townsend • Vastunidhi Key Data Center Investors • Airtel India • CtrlS • NTT Global Data Centers • Pi Data Centers • RackBank • Reliance Jio Infocomm • ST Telemedia Global Data Centres India • Sify Technologies • Web Werks • Yotta Infrastructure New Entrants • Adani Group • Bridge Data Centres • Colt Data Centre Services • Equinix • Mantra Data Centers • Princeton Digital Group KEY QUESTIONS ANSWERED 1. What is the COVID-19 impact on the data center market in India? 2. What is the India data center market size and growth rate during the forecast period? 3. What are the key drivers and trends in the Indian data center market? 4. Who are the new entrants in the India data center market? 5. Which are the prominent destinations for data center investments in India? 6. Which security challenges are faced by data center infrastructure providers?Read the full report: https://www.reportlinker.com/p05724773/?utm_source=GNWAbout ReportlinkerReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.__________________________ CONTACT: Clare: firstname.lastname@example.org US: (339)-368-6001 Intl: +1 339-368-6001
Leading Video Discovery Platform Reinforces its Fight Against Criminal Activity in Digital AdvertisingTEL AVIV, Israel, April 13, 2021 (GLOBE NEWSWIRE) -- Primis (a part of Universal McCann and Interpublic Group), today announced it has earned the coveted TAG Certified Against Fraud Seal from the Trustworthy Accountability Group (TAG) for the fourth consecutive year. TAG is an advertising initiative that aims to combat fraudulent and criminal activity in the digital advertising space. “TAG certification fits in with our core values that the advertising industry should be safe, fair, and provide true value to all parties involved, especially our publishers,” Dan Sharon, Compliance Officer of Primis, said. “We are honored to once again achieve the TAG Certified Against Fraud Seal as we continue to support their anti-fraudulent efforts, and we are continually building trusted relationships with our partners to create a brand-safe environment.” Primis is continually enhancing its IVT pre-bid verification tool to meet and address the needs of today’s brand-safe marketers. The company also includes extensive brand safety examinations with the use of MRC-accredited vendor WhiteOps. The platform also integrates ads.txt in all publishers, which enables transparency while granting publishers a significant amount of control over their inventory. “Success in tackling complex supply chain challenges like fraud in digital advertising requires broad collaboration, and we are pleased to recognize Primis for the high standards it continues to set to fight fraud in our industry,” said Mike Zaneis, CEO of TAG. “Year after year, Primis has walked the walk by achieving the TAG Certified Against Fraud Seal, and we look forward to continuing to work with them on these issues going forward.” TAG is recognized as the leading global standards program around criminal activity and brand safety, and an increasing number of companies have opted to certify their global operations. To secure its recertification, Primis underwent a rigorous audit from an independent third-party auditor. About Primis, Video DiscoveryPrimis is a global Video Discovery platform that increases revenue for publishers by helping their users discover high-quality video content. Our video discovery technology is used by 100s of digital publishers, empowering 200M uniques with an engagement-based video experience that recommends video content they love, automatically skipping content they don’t interact with. Primis is owned by Universal McCann and The Interpublic Group of Companies, Inc. (NYSE: IPG) holding itself to the highest standards in digital advertising. Website: www.primis.tech Twitter: @Primisltd LinkedIn: Primis-UMFacebook: Primis-UM Media Contact: Kyle KuhnelBroadsheet Communications for Primiskyle@broadsheetcomms.com
WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of FibroGen, Inc. (NASDAQ: FGEN) between November 8, 2019 and April 6, 2021, inclusive (the "Class Period"). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 11, 2021.
(Bloomberg) -- Bank of England Chief Economist Andy Haldane will leave the central bank this summer, ending a three-decade career that’s been marked by quirky speeches and, more recently, contrarian views on the economy.Haldane, who sits on the BOE’s Monetary Policy Committee, will become chief executive at the Royal Society for Arts, Manufactures and Commerce from September, the central bank said Tuesday. He will step down from the central bank after the June policy decision.The departure of the 53-year-old will remove one of the more hawkish members of the interest-rate committee. Haldane had pushed back against more negative views of the economy’s prospects following Covid and, in March, said the U.K. could see a “rip roaring” recovery, a view that is significantly more optimistic than the official BOE forecasts he oversaw.The pound declined as much as 0.3% to $1.3695 after the news was announced.“With his departure the balance of votes could shift to the dovish side,” said Valentin Marinov, head of G10 FX strategy at Credit Agricole. “It would be difficult to find any chief economist who shares Haldane’s views on inflation at present. I would see the development as pointing at a less hawkish BOE.”Haldane joined the BOE in 1989 after gaining a masters in economics from Warwick University.He logged experience at the central bank in international finance, market infrastructure and financial stability during the financial crisis, before clinching his current role under previous Governor Mark Carney in 2014. That year, Time magazine named him one of the world’s 100 most influential people.The BOE will advertise for a successor “in due course,” it said.Haldane is known for his occasionally quirky speeches, having used Dr. Seuss to bemoan the reading age needed to understand the central bank’s communications, and used the metaphor of a dog catching a frisbee to analyze banking rules.Haldane has also led the government’s Industrial Strategy Council and is the co-founder of charity Pro Bono Economics.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
Liverpool can mount another memorable Champions League comeback at Anfield when they take on a depleted Real Madrid in their quarter-final second leg - but they cannot afford any more defensive errors, says manager Jurgen Klopp.Down 3-1 from the first leg, Klopp's side find themselves in a perilous situation in the knock-out stages again and will seek inspiration from their 2019 semi-final comeback against Barcelona when they won 4-0 to advance with a 4-3 aggregate score.
It has almost 50,000 reviews on Amazon. The post People on TikTok love this pregnancy pillow: ‘It’s like a built-in boyfriend, but without all that stress’ appeared first on In The Know.
New video curriculum and virtual conference deliver resources for educators, students, and families struggling with COVID-era mental health challenges This summer's Jostens Renaissance Virtual Conference will address school culture issues of mental health, resilience and motivation July 20 - 22. Individual and school registration now open at jostens.com/jrvc21. Jostens new "Courageous Conversations" video series is available now at jostensrenaissance.com Minneapolis, April 13, 2021 (GLOBE NEWSWIRE) -- Jostens, the nation’s leading provider of custom class jewelry, graduation products, and yearbooks serving the K-12 and college education markets, is helping schools and families cope with COVID-era mental health challenges through a new video curriculum freely available this spring and a global virtual conference coming this summer. Courageous Conversations is a free 21-episode series delivering testimonial-based videos and discussion guides for students, parents, and school staff. The new series from Jostens Renaissance Education covers physical and mental wellness topics ranging from self-care to screen time. An equal number of episodes have been produced for and by students, educators, and parents, and are being posted daily throughout the month of April at jostensrenaissance.com “Video is an engaging teaching and learning tool for schools and families alike,” said Dr. Phillip Campbell, Sr. Manager of Jostens Renaissance Education and Courageous Conversations co-host. “We’re inspired by the students, staff, and parents who courageously stepped up to share their stories with us, and we’re honored to provide access to anybody who can benefit from hearing them.” “We see so many students, and adults who care for them, struggling with social-emotional impacts of COVID that feel ashamed to ask for help,” said Sara Nilles, Educational Consultant with Work2BeWell who contributed a Courageous Conversation episode for parents. “These free episodes can be great ways to get people talking and seeking the resources they might need.” Jostens will also be providing an arena for educators and students to access inspiration and tools promoting social-emotional wellness this summer at its annual Jostens Renaissance National Conference. “For over 25 years, our Renaissance National Conference has equipped staff and student leaders to address their most pressing issues of school culture,” said Jostens CEO Michael Burgess. “We surveyed schools across the country to develop the content for this year’s conference, and it was clear that issues of mental health, resilience, and motivation were of utmost importance.” This year's conference features keynote speakers from education leaders around the world and separate breakout tracks for educators and students, based on their interests and expressed needs. Similar to last year, the worldwide Jostens Renaissance Virtual Conference will convene virtually July 20 – 22, with individual and school registration now open at jostens.com/jrvc21. About Jostens Jostens is a trusted partner in the academic and achievement channel, providing products, programs and services that help its customers celebrate moments that matter. The company's products include yearbooks, graduation products, publications, jewelry and consumer goods that serve the K-12 educational, college and professional sports segments. Founded in 1897 and based in Minneapolis, Minn., Jostens is owned by Platinum Equity and can be found online at www.jostens.com. Attachments JRVC21 Jostens Courageous Conversations CONTACT: Jeff Peterson JOSTENS 952.830.3348 email@example.com
Company Announces Its Second Cultivation Management Agreement at its 260 Acre Farm in Amargosa Valley Las Vegas, NV, April 13, 2021 (GLOBE NEWSWIRE) -- MJ Holdings, Inc. (OTC Pink: MJNE) a diversified holding company, which through its subsidiaries, provides services to the regulated cannabis industry inclusive of cultivation and production management, infrastructure development and sales is pleased to inform shareholders that, in furtherance of its initiative to activate its proprietary farm land, it has entered into a cultivation management agreement with Natural Green, LLC a Nevada limited liability corporation. The Las Vegas Review Journal (April 8, 2021 at reviewjournal.com) reports that “Experts expected Las Vegas would recover, but not this quickly.” It’s good to see that “… resort traffic and occupancy rates are quickly closing in on pre-pandemic levels”. Paris Balaouras, Founder and Chief Cultivation Officer at the Company stated: “I’m tracking the strength in Las Vegas as that is our core market and we’re delighted to see that the weekend occupancy rates are approaching 95%. Of course, our business will continue to grow as tourism rebounds in Las Vegas. We’re confident that this is a primary driver for qualified companies such as Natural Green to desire to work with us at our Amargosa Farm. Their specialized style of management is sure to produce unique product on their allocated 8 acres.” The agreement’s initial term is for 10 years with 5-year extensions, provides for a substantial deposit and minimum revenue requirements beginning in the third year. Roger Bloss, Interim-CEO commented that “The addition of Natural Green complements our previous management agreement (10 acres) with MKC Development Group, LLC and is further confirmation that our business model on our 260-acre Farm: organic, outdoor grow with ample water rights, perfect sunshine and just the right amount of breeze, in Amargosa Valley is highly desirable for cannabis cultivation. In addition, this agreement enhances our balance sheet and our overall financial stability because as these projects come on line our utilization for cultivation will increase from 3 acres to in excess of 15 acres.” About MJ Holdings, Inc. MJ Holdings Inc. (OTCPK: MJNE) is a diversified holding company providing services to the regulated cannabis industry. Through our subsidiaries we provide cultivation and production, management services as well as infrastructure sales and development. The Company’s cultivation operations include management of a three-acre co-operative for in the Amargosa Valley of Nevada. The Company currently manages a State of Nevada issued cannabis production license and expects to provide manufacturing and production facilities and resources to third party manufacturers and cultivators as part of our production campus that is currently under development. The Company also provides management consulting services to state licensed dispensaries. Safe Harbor The information provided in this press release may include forward-looking statements relating to future events or the future financial performance of the Company. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Words such as "anticipates," "plans," "expects," "intends," "will," "potential," "hope" and similar expressions are intended to identify forward-looking statements. These forward-looking statements are based upon current expectations of the Company and involve assumptions that may never materialize or may prove to be incorrect. Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of various risks and uncertainties. Detailed information regarding factors that may cause actual results to differ materially from the results expressed or implied by statements in this press release relating to the Company may be found in the Company's periodic filings with the Securities and Exchange Commission, including the factors described in the sections entitled "Risk Factors", copies of which may be obtained from the SEC's website at www.sec.gov. The parties do not undertake any obligation to update forward-looking statements contained in this press release. Company Contact: Roger Bloss, Interim Chief executive Officer firstname.lastname@example.org (805) 796-6663
Global Cranes Market 2021-2025 The analyst has been monitoring the cranes market and it is poised to grow by $ 11. 90 bn during 2021-2025, progressing at a CAGR of almost 6% during the forecast period.New York, April 13, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Cranes Market 2021-2025" - https://www.reportlinker.com/p05678741/?utm_source=GNW Our report on cranes market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growth of the construction industry and growth in end-user industries due to urbanization. In addition, growth of the construction industry is anticipated to boost the growth of the market as well.The cranes market market analysis include product segment, application segment, and geographic landscape.The cranes market is segmented as below:By Product• Mobile cranes• Fixed cranes• Marine and port cranesBy Geographical Landscape• APAC• Europe• North America• South America• MEABy Application• Construction• Industrial• UtilitiesThis study identifies the rise in demand for oil and natural gas globally as one of the prime reasons driving the cranes market growth during the next few years.The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on cranes market covers the following areas:• Cranes market sizing• Cranes market forecast• Cranes market industry analysisThis robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading cranes market vendors that include Konecranes Plc, Liebherr International AG, PALFINGER AG, SANY Group Co. Ltd., Tadano Ltd., Terex Corp., The Manitowoc Co. Inc., Xugong Group Construction Machinery, Zoomlion Heavy Industry Science and Technology, and ZPMC Europe. Also, the cranes market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.Read the full report: https://www.reportlinker.com/p05678741/?utm_source=GNWAbout ReportlinkerReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.__________________________ CONTACT: Clare: email@example.com US: (339)-368-6001 Intl: +1 339-368-6001
(Bloomberg) -- Stuart Landesberg’s bet on eco-friendly cleaning products really paid off during the pandemic.Covid-19 convinced Americans to care more about hygiene, and that helped Grove Collaborative, the company Landesberg co-founded and now heads as CEO, boost 2020 sales to more than $250 million. With products from major brands like Clorox selling out, the company’s subscription model played well with consumers.By December, the startup had raised another $125 million in a Series E funding round from investors including Morgan Stanley that boosted its valuation to $1.3 billion, according to researcher PitchBook. The company, which pledged to stop selling any plastic by 2025, became a public benefit corporation last month.And now Grove is expanding into brick-and-mortar retail for the first time with a deal to sell its products through Target stores nationwide starting this month. It will be a big test of the five-year-old brand’s appeal and could be coming ahead of an initial public offering.Bloomberg recently spoke with the 35-year-old CEO about Grove’s push into stores, and what comes next.You started Grove in 2016 at a time when few companies or consumers had sustainability on their radar. When was the ‘aha moment’ that made you realize this could be a viable business?In 2021. For the first time in the company’s history, I can tangibly feel the pull of consumers. They’re getting to the place where they’re starting to demand the kind of change that we seek to bring to the industry.Via subscription, Grove sells third-party brands, such as Method and Seventh Generation, and its own items, like dishwasher detergent and hand soap. That model has gotten you to a unicorn valuation. And now you’re switching gears and selling through Target. What does the deal say about expectations for green cleaning products?I get really excited about what that means. If we continue to expand our access, other people will have to follow us.There is an argument to be made that shoppers might say they care about eco-friendly products, but do they really shop that way? How do you convince them green is good?It’s not about making a sacrifice for sustainability. We never compromise on efficacy. A good marketing message can convince someone to try a product, but only a great product can convince someone to change their habits for life.What was a big takeaway for you in 2020? We’re at a really interesting place in the industry, where the mainstream consumer and the sustainability-conscious consumer are merging. Efficacy allows that to happen. And things like our partnership with Target are key steps along the way.You're valued at $1.3 billion, and the Series E is done. You won’t comment on a potential IPO, but speculation is mounting after Honest Co. filed. Why should a potential investor consider Grove? For the same reason investors are excited about clean energy, electric cars and plant-based meat. The best investors in the world are forward thinking—it's obvious where society is going. It’s hard for a lot of incumbents to do the innovation to transition from plastics because the existing business model is so profitable.Editor’s note: This interview has been edited and condensed. (A previous version of this story incorrectly stated the company had become a certified B Corp. It’s now a public benefit corporation.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
This digital currency trading platform now valued around $100 billion has become a key player in the crypto economy.
Finnvera Group, Stock Exchange Release, 13 April 2021 Finnvera Group’s Financial Statements are published also as an ESEF report Finnvera Group has published the Financial Statements also as an XHTML file in Finnish language in accordance with European Single Electronic Format (ESEF) reporting requirements. The file is attached in this release. In line with the ESEF requirements, the primary statements have been labelled with XBRL tags. The ESEF report is verified by the auditor. Finnvera Group’s Report of the Board of Directors and the Financial Statements were released on 23 February 2021. Attachment 743700T69OBBJO7TCA15-2020-12-31_fin
Every spring, outdoor air quality and seasonal allergies are always top of mind, but the quality of air in your own home is rarely considered. With consumers spending more time at home than ever before, the American Lung Association and Swiffer announced today that they have joined forces to release the "Dust & Indoor Air Quality Briefing." This new resource aims to educate consumers on how indoor air quality can be easily improved at home through simple solutions, such as incorporating dusting into their existing cleaning routine.
Sony is rolling out the first major PS5 system update on April 14th, and it adds support for storing the new console's games on USB drives.
Insurity, a leading provider of cloud-based systems for insurance carriers, brokers, and MGAs, today announced that system integration and consulting firm Propellint has joined Insurity’s growing group of leading system integrators (SIs) specializing in claim system implementations.
U.S. consumer prices rose by the most in more than 8-1/2 years in March as increased vaccinations and massive fiscal stimulus unleashed pent-up demand, kicking off what most economists expect will be a brief period of higher inflation. Federal Reserve Chair Jerome Powell and many economists view higher inflation as transitory, with supply chains expected to adapt and become more efficient. The consumer price index jumped 0.6% last month, the largest gain since August 2012, after rising 0.4% in February.