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Senkyu: MTN Uganda’s new way to say ‘thank you’ loyalty program

TM Forum

Rebuilt and expanded customer loyalty program, called Senkyu, to acknowledge customers and drive innovative ways to redeem points, including integration with digital payments, which improves financial inclusivity in Uganda. MTN Senkyu is a unique loyalty program in Uganda and goes beyond typical telco reward schemes.

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Amazon’s online store sales dip below 40% of net sales for first time, and other earnings notes

GeekWire

The chart below is what Amazon’s net sales look like in raw numbers over the past several years, broken down into the major business segments reported by the Seattle-based company. Here are the same results, expressed as a percentage of net sales. Amazon is undergoing a steady transformation under CEO Andy Jassy. billion.]

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‘Baby bond’ legislation aims to address wealth gaps in Washington state

GeekWire

(State of Washington Photo) People born into low-income families in Washington state will get a financial boost at the outset of their lives with so-called “baby bonds” if lawmakers pass legislation to establish the Washington Future Fund. The estimated cost of the program in Washington state is $152.8 Connecticut and Washington, D.C.

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Byton suspending operations for six months due to financial trouble

The Verge

Chinese EV startup Byton is halting operations for at least six months due to financial problems that have been exacerbated by the COVID-19 pandemic, the company has confirmed to The Verge , following reports from The Detroit Bureau and local media.

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Gates Foundation gives millions to help persuade ultra-wealthy donors to give more of their billions

GeekWire

In October 2020, The Bill and Melinda Gates Foundation gave $5 million to the TED Foundation’s Audacious Project to “research and overcome barriers to large scale giving by ultra-high net worth donors.”. A lot of ultra-high net worth people are still in the act of running their businesses,” says Cecilia Conrad, CEO of Lever for Change.

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Walmart unveils Walmart+, its Amazon Prime competitor that costs $98/year and will launch Sept. 15

GeekWire

Walmart on Tuesday officially unveiled Walmart+, its new $98/year membership program that competes with Amazon’s $119/year Prime membership. net sales for the first time, according to GeekWire’s calculations, based on Walmart’s current and past financial results. (Bigstock Photo). Walmart+ will launch Sept.

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Climate change reversal startup Nori raises $4M for its CO2 offsets marketplace

GeekWire

An increasing number of companies are pledging to shrink their carbon footprints, including Microsoft’s vow to become carbon negative and Amazon’s promise to be net carbon zero. Reaching these goals will require investments in carbon-removal programs. Amazon alone has a carbon footprint of more than 51 million metric tons.

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