Reported about 1 year ago
The Supreme Court has agreed to consider a multi-billion dollar lawsuit brought by shareholders against Facebook accusing the company of misleading investors about the Cambridge Analytica data harvesting scandal. Facebook wants the lawsuit dismissed due to prior settlements related to the incident. Investors should consider companies' focus on supply chain resiliency, diversification, and investment in infrastructure to mitigate risks. Additionally, the impact of elections like the snap election in France on global markets underscores the importance of monitoring geopolitical risks. Companies also need to adapt to a new era of supply chain disruption as supply chain challenges persist. Inflationary pressures are prolonging challenges, emphasizing the need for companies to protect and help their suppliers amidst rising costs.
Source: YAHOO