About one-quarter of all Verizon Communications Inc. (NYSE:VZ) shareholder votes were cast in favor of a proposal that asks the company to report on business risks from Verizon’s controversial FCC lawsuit and other actions to oppose open Internet and network neutrality principles.
Open MIC believes in the power of community to help address the challenges of 21st century media. We’re all consumers of media, we all have opinions about media and – these days, thanks to technology – most of us are also capable of creating media.
Open MIC Discussion Boards are designed to encourage and enable registered users of this site to delve into some of the issues critical to the future of democracy and the media business. We’re launching with a limited number of subjects, but we can and will expand as Open MIC – and the dialogue on open media – continues to grow.
The Open MIC Blog involves us talking to you. It’s our way of putting ideas on the table, with registered Open MIC users encouraged to comment.
Becoming a registered Open MIC user is easy – all that’s required is your email address. All we ask is that on your forum posts and in tour comments, you aim to keep the discussion civil and constructive. Posts are subject to our posting guidelines.
The Open MIC Blog
Verizon Shareholder Proposal on Open Internet Issues Receives Support from Leading Proxy Advisor ISS
A shareholder proposal asking Verizon Communications Inc. (NYSE: VZ) to issue a report about the risks confronting the company because of its positions on net neutrality and open Internet issues has received support from ISS Proxy Advisory Services, the leading advisor to institutional investors.
The shareholder proposal can be voted on by Verizon shareholders either by proxy over the next two weeks, or in person at the company's annual meeting on May 2.
In response to a shareholder proposal, Apple Inc. has amended its Board’s Audit and Finance Committee charter to include responsibility for privacy and data security risks that confront the company.
The change was praised by advocates as an important step in improving accountability for privacy and data security at the highest levels of corporate governance. “Apple is to be congratulated for recognizing the critical risks that privacy and data security can pose to a company’s financial performance,” said Michael Connor, Executive Director of Open MIC a non-profit organization that assisted investors in drafting the proposal at Apple.