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US

Walt Disney seeks corporate lawyer for emerging technologies like NFTs, DeFi and metaverse

Entertainment conglomerate The Walt Disney Company on Sunday posted a new job for an “experienced corporate attorney” to work on transactions involving emerging technologies such as non-fungible tokens (NFTs), blockchain, DeFi (decentralised finance) and the Metaverse. This suggests that it may soon enter metaverse. Sandeep Nailwal, Co-founder of Ethereum Scaling Solution, Polygon, took to Twitter […]

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Finance

Corporate America increasingly concerned over Taiwan risks

Executives at publicly traded US companies are becoming increasingly worried about the spectre of a further escalation of tensions over Taiwan, a major supplier of crucial components like semiconductors. The number of annual regulatory filings citing Taiwan as a risk factor has risen significantly over the past 12 months, according to Financial Times calculations based […]

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Business

Corporate climate commitments are improving, but the worst offenders are doing the least

Jose A. Bernat Bacete | Moment | Getty Images The vast majority of Americans support both corporate transparency on climate as well as federal requirements for corporations to disclose their climate data, from emissions to emission reductions to sustainability programs and climate commitments. But although many corporations are improving on these pledges, some sectors are […]

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Business

Latinos are seeing the least amount of growth in corporate board representation, new findings show

Latinos are the second largest demographic population in the United States, but they are vastly underrepresented on corporate boards, according to a new report by the Latino Corporate Directors Association. “Sixty-five percent of Fortune 1000 companies lack Latinos, and Latinos are seeing the least growth of any other group,” Esther Aguilera, CEO of LCDA, told […]

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Entertainment

Netflix Inc. stock rises Thursday, outperforms market

Shares of Netflix Inc. NFLX, +0.08% inched 0.08% higher to $237.05 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX, -0.84% falling 0.84% to 3,757.99 and Dow Jones Industrial Average DJIA, -0.35% falling 0.35% to 30,076.68. The stock’s rise snapped a two-day losing […]

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Life Style

Boston Celtics coach Ime Udoka faces disciplinary action over relationship with fellow member of organization

The Boston Celtics are planning to discipline coach Ime Udoka, likely with a suspension, because of an improper relationship with a member of the organization, two people with knowledge of the matter told the Associated Press on Thursday. The people spoke to the AP on condition of anonymity because the reigning Eastern Conference champion has […]

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US

Shanghai Siba Culture Media Group Announces the Reorganization of its Corporate Structure and a New Social Metaverse

Shanghai, China, Sept. 20, 2022 (GLOBE NEWSWIRE) — The Shanghai Siba Culture Media Group, which rebranded as the new Meta48 Holdings Ltd back in June, is representing the world’s largest youth idol girls group, the SNH48 Group, the company is re-imagining itself and the future of entertainment to celebrate their 10th anniversary. As Meta48 Holdings Ltd., the […]

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US

Metaverse funds top $2bn as Fidelity, LGIM, Franklin chase ‘theme du jour’

Funds investing in the metaverse are now managing more than $2bn globally, as a flurry of launches from some of Europe’s biggest asset managers look to take advantage of a hot investment trend. Data from Morningstar, provided to Financial News, shows a sharp increase in assets managed by funds focused on immersive virtual worlds, as well as in the […]

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Business

Gap eliminating about 500 corporate jobs as sales fall

Pedestrians walk past a Gap Inc. store in Shanghai, China. Qilai Shen | Bloomberg | Getty Images Gap Inc. is cutting about 500 corporate jobs as the clothing retailer struggles with declining sales. The job cuts, which include open positions, will be primarily at Gap’s offices in San Francisco, New York and Asia and hit […]

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US

Considering ESG Principles In Developing A Metaverse Strategy – Corporate Governance – United States

15 September 2022 Holland & Knight To print this article, all you need is to be registered or login on Mondaq.com. The metaverse is adding a new layer to the traditional internet, rich with virtual and augmented realities. At the same time, the environmental, social and governance (ESG) movement is developing new criteria by which […]