Illustration: Lazaro Gamio / Axios
Generation Investment Management, a social impact private equity firm co-founded by Al Gore, has raised $1 billion for its third fund, broadening its mandate beyond green-tech to include areas like health care and financial inclusion.
The bigger picture: Social impact investing has taken some recent knocks, although market participant Kapor Capital recently published financial results to show it's on par with peer funds.
Illustration: Sarah Grillo/Axios
A federal court judge on Sunday granted TikTok's request for a temporary restraining order against a ban by the Trump administration.
Driving the news: Judge Carl Nichols on Monday unsealed his opinion, in which he concluded that the ban seeks to regulate the exchange of "informational materials" — something that's expressly exempted from the law laying out the emergency powers Trump invoked.
Illustration: Aïda Amer/Axios
Illustration: Sarah Grillo/Axios
Facebook’s rules for what people can say on the world’s largest social network have been a long-term headache for the company, but now it faces similar troubles on the internal network its own staff uses.
Driving the news: As political arguments on Facebook’s employee discussion boards have grown more heated and divisive, the company ordered new restrictions on the forums earlier this month, which run on Facebook’s Workplace platform.