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WEF Announces Support for Stakeholder Capitalism
September 22, 2021
The World Economic Forum has announced the continued growth of the coalition of companies supporting the Stakeholder Capitalism Metrics Initiative.
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TikTok's Lead EU Regulator Opens Two Data Privacy Probes
September 15, 2021
TikTok’s lead data privacy regulator in the European Union has opened two inquiries into the Chinese-owned platform related to the processing of children’s personal data and transfers of personal data to China.
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White & Case: The Rise of Stakeholder Capitalism
September 14, 2021
Jessica Lynd and Walter Spak of White & Case have published on JDSupra.com an overview of the transition from Milton Friedman's "shareholder primacy" doctrine to the recent movement that shifts corporate focus from "shareholder primacy" to stakeholder capitalism, whose goal, according to the World Economic Forum, is to seek long-term value creation by taking into account the needs of all their stakeholders, and society at large.
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Millions of VIP Facebook Users Shielded from Standard Moderation Protocols
September 14, 2021
According to the Wall Street Journal, Facebook is using a program known as « cross check » or « XCheck » that shields at least 5.8 million VIP Facebook users from the company’s standard content moderation.
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Butler: The Dangers of TikTok
September 10, 2021
Jack Butler writing in the National Review, explores the history and dangers of the popular application TikTok including its questionable practices collecting users data and reputable reports that the app is compromised by the Chinese government.