The plan commits the bank to “robust” climate-related governance and reporting. It says it will integrate climate risk assessments more in lending, financing and investing, decarbonize its operations and create a “Climate Change Centre of Excellence.” (The Logic)
The password software-management company will use the funding, the first it’s raised in its 14-year history, to expand its sales, marketing and hiring. (The Logic)
SIP has announced its first deal, participating in a US$16-million round in AMP Robotics, a Denver, Colo.-based startup that makes robots that claim to sort your recycling twice as fast as humans, and with much greater accuracy. (The Logic)
Laura Lenz, most recently of Generation Ventures, will steer the pension fund’s Canadian investing activity. (BetaKit)
The app lets iPhone and Apple Watch users in the U.S. participate in three studies: one on the link between menstrual cycles and disorders like polycystic ovary syndrome; another on how heart-rate details could warn of illnesses like heart disease; and one that looks at how noise levels affect hearing. Apple is paying for the studies, which are all being done in partnership with different medical and academic institutions, like Harvard’s School of Public Health. (New York Times)
The company will stop providing information during its automated ad auctions about the category—such as news, weather or real estate—of the pages on which it’s selling ad placements. In a blog post, it said the change will enhance privacy by preventing advertisers from tying individual users to specific interests, including sensitive ones like health, religion and sexuality. (The Logic)
Salesforce is moving its marketing platform out of its own data centres, and will also integrate its core customer relationship-management (CRM) tools with Microsoft Teams, a workplace chat app. (CNBC)
The losses for the quarter ended September are up more than 150 per cent from the same quarter in 2018, even though revenue increased about 94 per cent to US$934 million. The shared-office-space company also reported that its occupancy rate dropped from 84 to 79 per cent, the lowest since mid-2017. (New York Times)
Magway said its technology is “ready to go” for the system of narrow pipes it proposes to run through the U.K. that would carry pods full of groceries and other parcels at about 30 miles per hour. The startup’s first route would run along a 32-kilometre tunnel in London. The system, which Magway said could be operating within three years, would shave about five minutes off above-ground delivery times in the area. (CNBC)
It will partner with Citigroup and a California credit union to offer chequing accounts to American consumers starting next year, in an initiative code-named Cache. A spokesperson told The Logic there are “no immediate plans” to launch in Canada. (The Wall Street Journal)