The New York State Pension Funds has submitted a shareholder resolution calling for Google to implement new policies to uphold freedom of speech and protect user privacy. According to the Financial Times, they have submitted an identical resolution for Yahoo!'s annual meeting in June.
http://business.timesonline.co.uk/tol/business/industry_sectors/technology/article1615882.ece |
I hope they do it, google seems to lax when it comes to these two areas.
Google does whatever the governments (US or others) want without thinking about freedom of the internet and what the internet stands for.
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Actually, "Google on Wednesday recommended to its shareholders that they vote against a proposal calling for new policies to protect internet freedoms" reports the FT. It says Google "gave no explanation in an SEC filing why it opposed the proposal".
On the other hand, "The New York state pension funds" happens to be one of the biggest investors in the US, worth around $100bn, holding 487,000 Google shares worth around $230m and more than $100m in Yahoo stock.
http://www.ft.com |
