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Here’s what you need to know
Entrepreneurs in India were hoaxed by the “world’s biggest startup-funding event.” Surprise, it wasn’t, and creators had a hard time finding any investors.
Alibaba isn’t opposed to spinning off some of its units. The chief financial officer of the Chinese internet giant said as much to investors while discussing its restructuring.
Ads are coming to Microsoft’s AI-powered Bing. The tech giant plans to share ad revenue with publishers whose content powered the chatbot’s response.
Google has to pay a $162 million fine in India. But the US internet giant can appeal the ruling, which is part of an antitrust case over its Android dominance.
A common tax loophole is closing in the US
90: Days insiders will now need to wait after starting or modifying a preset trading plan before they can trade any of the reported stocks
The change is part of new financial disclosure rules that’ll take effect April 1 in the US. Executives won’t be able to sell shares as soon as a day after adopting a trading plan, which has been pretty routine in the past. But as Quartz’s Diego Lasarte explains, this might be more of a narrowing than a true closing of the loophole.
Another big number
9: Episodes of the latest season of the Quartz Obsession podcast, now available in its entirety for your discerning ears
Join host Annalisa Merelli as she talks to an array of Quartz reporters, editors, and sometimes their cats about the innovations that power change—or purport to, anyway.
🎧 Listen on: Apple Podcasts | Spotify | Google | Stitcher
And be sure to hit “subscribe,” as season 5 will be here before you know it.
Private jet fuel emissions are taking off in Europe
What spit over 3.3 million metric tons of carbon emissions into the air last year? More than half a million private flights across Europe, that’s what, and there’s no sign that the number of trips will hit cruising altitude anytime soon.
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Credit scores were meant to eliminate bias. Many critics think that credit bureaus and FICO do the opposite. Scott Nover and host Annalisa Merelli talk about why in the last episode of the Quartz Obsession podcast, season 4.
🎧 Listen on: Apple Podcasts | Spotify | Google | Stitcher
👀 Or: read the transcript!
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