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Facebook Invests $50 million to Promote Responsible Behavior in 'Metaverse'
September 29, 2021
Facebook has announced a $50 million investment to promote responsible behavior in the 'metaverse," which Facebook intends to become a digital world where people can use different devices to move and communicate in a virtual environment.
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New UNDP Human Rights Due Diligence Tool
September 22, 2021
The United Nations Development Programme ("UNDP") has published new human rights due diligence training materials and tools to help businesses prevent, mitigate, and account for potential human rights abuses in their operations and supply chains.
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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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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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