We need to start recognizing privacy as a basic human right

(Fast Company) The introduction of the internet and instant global communication drastically changed our approach to personal privacy. Every app, purchase, or online search request has us sharing so much of ourselves to get started. A name, email, phone number, or address is all someone needs to unravel one’s entire personal life. With so much…

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Can Elon Musk muzzle tech ESG?

(Financial Times) So can investors use their muscle to counter this? Not easily: fund managers have had scant leverage in recent years, because capital was abundant. Employee protests often seemed more effective, since talent has been scarce. And Musk, for his part, has been scathing of ESG in the past – and keen to muzzle…

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Big Tech is failing to fight election lies, civil rights groups charge

(The Washington Post) Two years ago, Silicon Valley’s biggest technology giants faced criticism from activists and voter suppression experts for not moving sooner to restrict Donald Trump’s accounts after his repeated false claims disputing the legitimacy of the 2020 election. Now, a coalition of 60 consumer and civil rights groups says Meta, Twitter, TikTok and…

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esg funds face UK watchdog crackdown in anti-greenwash drive

(Bloomberg) The UK’s financial regulator made clear it will no longer tolerate vague ESG fund designations as it moves to crack down on investment managers that can’t back up their claims of targeting environmental, social and governance metrics. Fund managers operating in the UK will face a “package of new measures, including investment product sustainability…

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Tech will be on the midterm ballot. Here’s what to watch.

(Protocol) As the midterms draw closer, some of the tech industry’s most urgent issues and opportunities are also on the ballot. At the national level, anti-Big Tech crusaders — who just happen to be backed by Big Tech money — have made cracking down on the likes of Meta and Google key planks of their…

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The EU might crack down on crypto mining this winter

(Protocol) You thought crypto winter was bad? Try the real, potentially harsh winter about to hit Europe. Officials believe shutting down a key segment of the crypto industry could be one solution to the energy crisis. A crypto mining crackdown could conserve precious gas supplies. The European Commission suggested that EU members should take that…

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Vista’s Robert Smith says investing in DEI businesses vitally important in a bear market

(CNBC) Robert F. Smith, chairman and CEO at Vista Equity Partners, said investing in businesses and managers that emphasize diversity, equity and inclusion remains vital, especially in a bear market. The billionaire investor, who spoke with CNBC’s Frank Holland at the Disruptor 50 Summit, said that venture capital and private equity funding should continue to…

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Shareholder group wants Tesla to link Musk’s pay to ESG metrics

(Reuters) Retail activist shareholder platform Tulipshare called on Tesla Inc (TSLA.O) to tie its executive pay to environmental, social and governance (ESG) factors and said it expects to file a shareholder resolution on the matter for the electric carmaker’s annual meeting next year. Antoine Argouges, chief executive of Britain-based Tulipshare, said a decision by S&P Dow Jones…

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