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Abeona Therapeutics fires CEO over allegations of misconduct - What are tech companies doing about ethical use of data? Not much - If Facebook is really at war, the only way to win is to put ethics first - And More
12/4/2018 8:02:00 AM

Abeona Therapeutics fires CEO over allegations of misconduct

By Alex Keown for BioSpace

 

 

Shares of Abeona Therapeutics are down more than 8 percent this morning after the company fired Chief Executive Officer Carsten Thiel due to personal misconduct. João Siffert, Abeona’s chief medical officer, has been named interim CEO.

 

Abeona said Thiel’s termination followed an investigation by the board of directors and external counsel of allegations of “misconduct towards colleagues.” The company said this misconduct violated its Code of Business Conduct and Ethics, but it did not provide any information as to whether or not Thiel’s conduct was related to sexual harassment. Abeona was quick to point out that Thiel’s termination was not related to finances, company operations or clinical programs. Nor was his termination due to any disagreement over the management of financial reporting, scientific data or other practices, the company said.

 

 

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What are tech companies doing about ethical use of data? Not much

By James Arvanitakis for PHYS.org

 

 

Our relationship with tech companies has changed significantly over the past 18 months. Ongoing data breaches, and the revelations surrounding the Cambridge Analytica scandal, have raised concerns about who owns our data, and how it is being used and shared.

 

Tech companies have vowed to do better. Following his grilling by both the US Congress and the EU Parliament, Facebook CEO, Mark Zuckerberg, said Facebook will change the way it shares data with third party suppliers. There is some evidence that this is occurring, particularly with advertisers.

 

But have tech companies really changed their ways? After all, data is now a primary asset in the modern economy.

 

 

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If Facebook is really at war, the only way to win is to put ethics first

By Mike Godwin for The Washington Post

 

 

Mark Zuckerberg has said he needs to be a “wartime” CEO to respond to the cascade of public criticism that has swamped Facebook over the past two or three years. But a successful wartime leader can’t focus just on defense or on diverting attacks elsewhere. Do Zuckerberg and Facebook have the kind of plan that would win back the trust of a more skeptical public or the respect of governments and the news media? It’s unclear that they do, or even if they recognize that they lack one. But Facebook’s current crisis of public confidence represents an opportunity to reshape the company’s damaged relationships — if the company is willing to make some major changes.

 

 

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Is it okay to steal a work pen? - New ethics survey polls Kiwi workers

By Liam Dann for New Zealand Herald

 

 

Is it okay to take the office stationery home? Thirty per cent of Kiwi workers think so.

 

How about checking your Facebook and other personal internet use?

 

Forty-five per cent of respondents to Ethics at Work 2018 Survey of Employees were okay with that — although making personal calls was considered more acceptable, with the approval of 61 per cent.

 

 

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Questions/Feedback?

Please feel free to contact the Ethikos Weekly Newsletter editor Margaret Dragon.

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Articles on the Ethics and Compliance Environment
The Society of Corporate Compliance and Ethics provides this library of articles, insight into current issues, the regulatory environment, and other items of interest to our members.