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As Zuckerberg's Facebook Fosters Child Abuse and Exploitation, Investors Start to Speak up

As Zuckerberg’s Facebook Fosters Child Abuse and Exploitation, Investors Start to Speak up
Posted on 05/10/2021
U.S. public pensions and sovereign wealth funds like Norway Government Pension Fund Global are major shareholders in social media giant Facebook, which owns Whatsapp and Instagram. Large tech companies armed with cash, lobbyists, and influence are able to get away with possible criminal usage on their platforms.
In 2019 there were nearly 17 million reported cases of online child sexual abuse material (CSAM), 94% of which stemmed from Facebook, according to the National Center for Missing & Exploited Children. As the world’s largest social media company and the largest facilitator of reported child sex abuse online–Facebook’s actions will, for better or worse, have a major impact on global child safety. Facebook is by far and away the world’s largest source of online child sexual abuse materials. The company has been harshly criticized by government ....

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BNY Mellon makes appointments in Hong Kong and Taiwan

US investment firm BNY Mellon Investment Management has tapped two senior executives from rivals Fidelity Investment Management and Aberdeen Standard Investments to fill newly created positions in Hong Kong and Taiwan.
Dominic Wong has been named head of intermediary for Greater China, responsible for developing and driving intermediary strategy, including with Asia’s private banks and global financial institutions in the region, BNY Mellon says in a statement on March 13. He was previously head of intermediary for North Asia at Fidelity.
Meanwhile, Sabrina Yu, formerly associate director for institutional sales at Aberdeen Standard Investments in Taiwan, has been appointed as business development senior associate for Taiwan. ....

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