Financial Times: Facebook investors demand answers over data scandal

Natasha Lamb, managing partner at Arjuna Capital, an impact investing firm, added: “[The revelations are] fundamentally troubling from the investor perspective, not only because the company has been so recalcitrant in its response. There are material risks here in terms of regulator risk, revenue risk and brand risk. There are also risk to our democracy.” Arjuna Capital has a proposal on the ballot at Facebook’s upcoming annual meeting later this year that will call for better policies on election interference, hate speech and dissemination of violence on the site.

 

Read more at the Financial Times.

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