Corporate America shares blame for the troubles at Facebook, Venture capitalist Roger McNamee, an early backer of Facebook, says.  “What they are doing is willfully turning a blind eye to catastrophic problems that would not exist if they were not willing to advertise on these platforms,” McNamee, an early investor in Facebook, told CNN  in a phone interview. “The major advertisers have a lot of guilt here. ‘Facebook is terrible, but I have to maximize shareholder value, so I have to use it.’ They tell themselves this is not their fault. It’s really Facebook’s. No, it is your fault,” McNamee said.

Jeffrey Sonnenfeld, a professor at the Yale School of Management who regularly talks to CEOs about controversial topics, called for business leaders to take action following the recent revelations at Facebook.  “They must sever ties as they are complicit tacitly with some of the worst human atrocities, human rights violations and subversion of democracy,” Sonnenfeld told CNN on Monday.  “Advertisers “do have leverage,” McNamee said. “They’re just choosing not to use it.”

The Great Supply Chain Kerfuffle of 2021

Delays in deliveries are affecting viticulture and winemaking procedures, product launches, and limiting consumers’ options during the peak of holiday wine-buying, Jeff Siegel writes in Wine Industry Network Advisor.