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Sustainable Finance
Sustainable Finance
By Ross Kerber, U.S. Sustainable Business Correspondent
Will Wikipedia remain relevant in light of AI mining its content? For a guy with a new book out and facing a host of technical and political challenges, the online encyclopedia's co-founder Jimmy Wales sure seemed sanguine when we spoke on Monday.
You can read my interview with him in my column this week, linked below. I also recommend our coverage of Tesla's, er, dramatic shareholder meeting last week, a special report looking at Meta revenue tied to scam ads, and new climate investments in California, all in this week's newsletter.
You can follow me on LinkedIn and/or Bluesky, or reach out via ross.kerber@thomsonreuters.com
Yeah that's me (left) speaking with Wikipedia co-founder Jimmy Wales (right)
Wikipedia's Wales wants Big Tech's help for AI training
As co-founder of Wikipedia and a trustee of its host organization, Alabama native Jimmy Wales has guided the online encyclopedia's evolution through attacks on its accuracy and online vandalism.
Those crises look tame next to new challenges his baby must confront like conservative criticism of its sourcing and AI mining of its content.
In a recent interview, Wales seemed confident Wikipedia will remain relevant. He hopes to strike more deals modeled on one with Google to have corporations pay for training access. We also discussed the merits of anonymity and how moderation protects free speech among strangers.
You can learn more about Wales' views by clicking the button below for the Q&A. You'll also find a video of key parts of our conversation as I try to keep up with the cool kids vodcasting whatever they had for lunch - please let me know what you think of the new format.
And, if you want to hear from Wales directly btw you can catch him at our Reuters Next conference early next month in New York, signup link here.
Well THAT was a heckuva Tesla shareholder meeting to cover last week when investors approved a pay deal for CEO Elon Musk potentially worth $1 trillion. You can read our blow-by-blow live coverage of the event by clicking here. Don't miss the dancing robots.
Speaking of soaring CEO pay at electric vehicle makers, Rivian gave its own leader a fresh deal that looked inspired by Musk's even if was potentially worth "only" $4.6 billion.
Social media giant Meta projected 10% of its revenue would come from ads for scams and banned goods, according to this Special Report by our tech investigations correspondent Jeff Horwitz. Don't miss the part where some accounts survived being on the "Scammiest Scammer" list.
A new report by the Center for Political Accountability, the University of Pennsylvania's Wharton School and Wharton's Zicklin Center for Governance and Business Ethics found that despite political headwinds, a record 112 S&P 500 companies scored 90 percent or better on measures such as whether they disclose political spending with corporate funds, or make boards responsible for overseeing it.
The California Public Employees' Retirement System, the largest U.S. pension system, said its climate solutions portfolio stands at $59.7 billion, on track to meet its target of $100 billion, including new private equity investments.
A group representing faith-based and sustainability-minded investors sued to block enforcement of a new Texas law they say violates First Amendment speech guarantees.
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