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June 20, 2019updated 19 Jun 2019 3:59pm

Slack Technologies goes public / Happy National Clean Air Day / Fortune announces 40 Under 40 leaders

By Luke Christou

3 THINGS THAT WILL CHANGE THE WORLD TODAY

Good morning, here’s your Thursday morning briefing to set you up for the day ahead. Look out for these three things happening around the world today.

Slack Technologies goes public

Workplace messaging app creator Slack Technologies is set to go public on the New York Stock Exchange today.

Slack’s entry will be a direct listing, meaning no shares will be offered and no money will be raised. Due to this, Slack has yet to reveal its listing price. However, analysts estimate the company at approximately $16.7bn, equivalent to three years worth of revenue.

The company has plans to improve its platform to offer more than instant messaging by integrating thousands of business software services into Slack, allowing workers to complete a range of tasks without leaving the core app, which investors feel could drive the company’s value higher.

Slack follows tech startups like Lyft, Uber and Pinterest, all of which achieved multi-billion dollar valuations when going public this year.

Happy National Clean Air Day

Today marks National Clean Air Day, a day of action organised by UK-based charity Global Action Plan to combat pollution and promote sustainable energy.

The charity is calling on people to make simple changes today, such as leaving their car at home, in order to help improve air quality. Events ranging from walking buses to Tesla meetups are being held across the UK to mark the date and make a difference.

Committed to the European Union’ climate change goals, the UK is tasked with reducing greenhouse gas emissions by 40% from 1980 levels and achieving a 32% share of renewable energy consumption by 2030.

Fortune announces 40 Under 40

Business magazine Fortune will today announce its 40 Under 40 list, celebrating the 40 individuals under the age of 40 having the biggest impact on the world.

Last year’s list saw Instagram co-founder Kevin Systrom join his boss, Facebook CEO Mark Zuckerberg, at the top.

They were joined in the top ten by Lyft co-founders Logan Green and John Zimmer, Meituan-Dianping CEO Wang Xing, Airbnb co-founder Brian Chesky, WeWork founder Adam Neumann, SenseTime founder Xu Li, ByteDance CEO Zhang Yiming, DropBox CEO Drew Houston, Spotify CEO Daniel Ek and Bumble founder Whitney Wolfe Herd.

Given the impact that technology is having on the world, tech company executives tend to dominate the 40 Under 40 list. Some 10% of last year’s list was made up of entrepreneurs in the blockchain and crypto space, for example.

Wednesday’s Highlights

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AI with heart: How Pegasystems is bringing empathy into AI

Businesses have woken up to privacy, but how should they maintain consumer trust?

Digital transformation projects are everywhere, but one in four fail