Insights
Most Logic subscribers have applied for government COVID-19 relief, survey finds
Top Prospects: Leading innovators from the Class of 2020
Letter from the editor: Finding virtual community under lockdown
Briefing
Facebook weighing ban of political ads in days before November U.S. elections
The social media platform hasn’t yet decided on the ban, sources told Bloomberg; the company declined to comment to the news outlet. (Bloomberg)
Amazon not banning U.S. employees from using TikTok on their phones
The company said an email sent to U.S. employees saying they must remove the Chinese-owned video app from their phones by today was an error and there's been no change in policy. “There is no change to our policies right now with regard to TikTok," said an Amazon spokesperson. (The New York Times, The Verge)
Report says AIMCo needs a ‘change to the culture’ following $2.1-billion loss
Risk management controls at Alberta’s pension fund manager were “unsatisfactory” and helped lead to the loss, according to a report prepared for the Alberta Investment Management Corporation’s board of directors. Specifically, it criticizes risks taken by a volatility program, saying it left the fund particularly vulnerable to the sudden, COVID-19-related downswing of the stock market in early March. AIMCo CEO Kevin Uebelein said the fund manager was “immediately” implementing the report’s 10 recommendations. (Financial Post)