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GRAMGood Morning. The first exclusively electric car charging station will open in the UK today. The station is putting in place a £ 1 billion strategy to have charging points across the country and runs entirely on renewable energy.
It will give people “the confidence people need to switch to electric transportation today, a decade before the 2030 ban,” according to Toddington Harper, Gridserve CEO.
5 things to start the day
1) Stripe’s billionaire is ‘very optimistic’ about Britain’s fintech industry after Brexit: The city’s world’s leading fintech firms will continue to flourish post-Brexit as Britain raises its horizons beyond Europe, said the billionaire co-founder of the payments titan.
2) Defense Ministry Spent Less on Palantir Tech This Year, Documents Suggest: The department slashed spending on the American tech company from roughly £ 28 million in 2019 to £ 2 million this year, according to a Freedom of Information Request.
3) How Wish, the $ 30 billion anti-Amazon, found success by breaking the rules of online shopping: The online shopping company offers low prices through its Chinese supply chain, but rising shipping costs now threaten its model.
4) Twitch removes the phrase “ blind play ” due to concerns that it is offensive to people with disabilities: Erin Wayne, Twitch’s Head of Community Marketing, confirmed the removal of the phrase on Twitter, writing that the removal “encourages more inclusive language for our community.”
5) Highland Europe launches a € 700 million fund to make UK startups world leaders: Highland Europe said it had closed its fourth fund in eight years, and that the € 700 million fund had been oversubscribed due to “significant commitment from investors.”
Going up today
IPO prices: Airbnb and Wish expected
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