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Tech billionaires lost $315 billion in 2022 and it genuinely doesn’t matter

Vox

According to Google Finance, Amazon and Google stocks have both dropped around 30 percent year-to-date in 2022. Amazon founder Jeff Bezos lost $50 billion in 2022, leaving him with a net worth of around $151 billion, according to Forbes. For 2022’s list, Forbes compared September 3, 2021, to September 2, 2022.

.Net 98
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Why would anyone be against life-saving malaria bednets?

Vox

A young boy rolls up a mosquito net covering bedding at a refugee camp in 2023 in South Sudan. That mosquito nets are dangerous to people would be news to basically any public health professional who’s ever studied them. lives for every 1,000 children protected by nets. lives for every 1,000 children protected by nets.

.Net 132
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Redfin layoffs impact real estate company’s Concierge service

GeekWire

In 2022, responding to a housing market slowdown, Redfin laid off staff and ditched its iBuying program. million, up 7% year-over-year, while net losses were $27.9 .” Redfin last year rolled out Redfin Next, a new compensation model for its agents that eliminated salaries and has expanded to more cities.

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My sustainability story: Why Orange Poland is at the coalface of change

TM Forum

Our goal at Orange Poland is the same as the rest of Orange Group – to achieve net zero carbon by 2040 for both our own emissions (scopes 1+2) and those of our value chain (scope 3). This complements our long-running Energy Optimization Program that allowed us to reduce emissions by around 15% between 2015 and 2020. Jacek-Hutyra.

Energy 147
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Amazon leads $2.5B funding round in Rivian, maker of the tech giant’s future electric delivery vans

GeekWire

Amazon made the investment through its Climate Pledge Fund , which is aimed at backing companies that accelerate Amazon’s pledge to be net zero carbon across its businesses by 2040. Amazon said last October that it will have 10,000 custom electric delivery vehicles on the road as early as 2022, and all 100,000 by 2030.

.Net 145
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Redfin CEO: ‘The housing market could get worse’

GeekWire

The company also said it plans to shut down its home-flipping “iBuying” program RedfinNow. “The June layoff was a response to our expectation that we’d sell fewer houses in 2022; this layoff assumes the downturn will last at least through 2023.”. Redfin axed 8% of its workforce in June. million, compared to $18.9

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Redfin ready for a ‘revolution’ after commissions verdict

GeekWire

Key numbers Revenue: $269 million, down 12% compared to the third quarter of 2022 and down $7 million from Q2 of this year. million at the end of 2022, but up slightly from $118.8 Net loss: $19 million, an improvement over the previous quarter’s net loss of $27.4 million in the third quarter of 2022.