Concerned that long-term shareholder wealth may be at risk if Facebook and Google do not do enough to “address fake news and hoaxes,” Arjuna Capital, in partnership with Baldwin Brothers, Inc., is asking the two tech giants (proposals to Google here and Facebook here) to evaluate the impact fabricated content is having on their platforms and businesses.
Apple Investor Presses for Diversity Among Senior Management and Directors
Apple Inc. investors are being asked to approve a shareholder proposal which would require the company to adopt an “accelerated recruitment policy” to increase racial and ethnic diversity among senior executives and its board.
Investors Want AT&T to Clarify Policies on Surveillance Requests
Shareholders Press American Express for Transparency on Privacy and Data Security
American Express shareholders expressed strong support for a consumer privacy proposal filed by sustainable wealth manager, Arjuna Capital in collaboration with open media advocate Open MIC. The proposal was supported by over 21% of shareholders at the company’s annual meeting held Monday in New York, representing a high historic vote on a social issue.
Open Internet Proposal at Verizon Wins $30.6 Billion of Shareholder Vote
A shareholder proposal calling on Verizon Communications Inc. (NYSE:VZ) to report on business risks arising from the company’s opposition to open Internet and network neutrality principles has gained important new support from investors, winning 26.4% of the vote at Verizon’s annual meeting on May 1.
Investors Withdraw Verizon Shareholder Proposal on Government Surveillance Programs
A coalition of investors, which had requested that Verizon Communications Inc. (NYSE: VZ) publish regular reports on government and law enforcement requests for confidential customer data, today commended the company for publishing its first report and made recommendations for improving future reports.
Verizon Agrees to Publish Reports on Government Requests for Data
In a victory for shareholders concerned about the role of telecommunications companies in government surveillance programs, Verizon Communications announced that it will begin to publish regular reports on the number of government requests it receives for customer data.