The man behind Wework; Adam Neumann? Part 2
Exponential Growth Wework grew from one office in 2010 to 52 offices in 2015, and then exponentially to 500+ offices in 32 countries – with over 100 in New York alone in 2019. Between 2016 and 2017, WeWork’s revenue grew from $436M to $886M. In 2018, revenue swelled to $1.8B, marking a second straight year […]
The man behind Wework; Adam Neumann? Part 1
Much has been said about Wework and its cofounder, Adam Neumann. He is the larger-than-life cofounder of Wework, with around 500 plus locations worldwide – known for being involved with controversial figures and making employees take shots of tequila at work. In the latest turn of events, he was forced to resign as the CEO […]
Shopify announces US $5 Million sustainability fund
This week, the CEO of the popular online commerce platform Shopify (TSE: SHOP) announced the creation of a US$5 million annual fund to invest in breakthrough sustainability technologies. In a passionate letter to the public, Tobi Lütke wrote: “I want Shopify to be a company that sees the next century.” The funds are earmarked for […]
Capital One: Arrest after details of 106m people stolen
A hacker, by the name of Paige Thompson, was able to hack into Capital One’s database by exploiting a ‘configuration vulnerability’ in the company’s infrastructure. However, the hacker, a former Amazon employee, also boasted about her feat online on social media. “I’ve basically strapped myself with a bomb vest, (expletive) dropping capitol ones dox and […]
8chan owner asked to testify before Congress
On Wednesday, last week, the owner of the controversial website 8chan was subpoenaed to appear before Congress by a bipartisan House Homeland Security committee. 8chan, an anonymous message board, has garnered notoriety in recent months due to the use of its platform by extremist hate groups. It has also been connected to at least 3 […]
Will facial recognition catch on in schools and public institutions?
Imagine a regular classroom setting with the addition of inconspicuously placed security cameras focusing in on each student. The teacher confirms attendance without the need for a roll call. The cameras pick up on the students’ reactions and their level of attentiveness in class. The data is then collected to assess their attitude in general […]
Universities experiment with a no tuition, pay later model
Income Sharing Agreements are gaining the attention of higher education and Wall Street. One early success story is getting a boost from venture capital, Purdue University has begun experimenting with a program that charges no upfront tuition, but requires graduates to pay back a percentage of their income once they’re employed. The concept is deceptively […]
BMO Financial Group publishes its 2018 ESG Report and Public Accountability Statement
BMO Financial Group has published its 2018 Environmental, Social and Governance (ESG) Report. The report can be downloaded here.
Toronto’s Smart City bought to you by Google
Google’s sister company, Sidewalk Labs announced a public engagement plan last year aimed at transforming Toronto’s Quayside neighbourhood into an innovative, tech-centric and inclusive space. The project has since caused controversy over concerns of data and privacy issues, as well as a lack of public trust. The controversy was highlighted when the Former Ontario privacy […]
