1. Articles from jake_kanter

    1-5 of 5
    1. Facebook Shareholder Revolt Gets Bloody: Powerless Investors Vote Overwhelmingly to Oust Mark Zuckerberg as Chairman

      Facebook Shareholder Revolt Gets Bloody: Powerless Investors Vote Overwhelmingly to Oust Mark Zuckerberg as Chairman

      It’s now clear that independent Facebook investors voted overwhelmingly in support of proposals last week to fire Mark Zuckerberg as chairman and scrap the firm’s share structure. According to the results of votes at Facebook’s annual shareholder meeting, 68% of outside investors want the company to hire an independent chairman. The majority was up from 51% last year...

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    2. Inside Amazon's Battle to Kill an Unprecedented Shareholder Revolt Over Facial Recognition

      Inside Amazon's Battle to Kill an Unprecedented Shareholder Revolt Over Facial Recognition
      • Amazon shareholders will stage an unprecedented vote on Wednesday on whether to stop the company from selling its facial recognition technology to government agencies.
      • Activist shareholders are concerned that the technology, known as Rekognition, will be used for surveillance and has been found to produce inaccurate results...
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      Mentions: Amazon Sky Congress
    3. Facebook Investors are Making Another Dramatic Bid to Oust Mark Zuckerberg and Abolish the Firm’s Share Structure

      Facebook Investors are Making Another Dramatic Bid to Oust Mark Zuckerberg and Abolish the Firm’s Share Structure

      Facebook’s activist shareholders are making another attempt to fire Mark Zuckerberg as chairman and rip up the company’s share structure. They will vote on two proposals to overhaul Facebook’s governance at the social network’s annual shareholder meeting on May 30. Some investors are unhappy about the tsunami of scandals that have engulfed Facebook and believe that Zuckerberg has too much power. Their chances of success are extremely slim, however...

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    4. Mark Zuckerberg's Spectacular Failure of Leadership Shows Why Some Facebook Investors are Desperate to Fire Him

      Mark Zuckerberg's Spectacular Failure of Leadership Shows Why Some Facebook Investors are Desperate to Fire Him
      • The New York Times exposé on Facebook's crisis management exposes a spectacular failure in leadership from CEO Mark Zuckerberg.
      • The report suggests he was at best uninterested in some of the scandals that engulfed his company, and at worst, complicit in exacerbating them.
      • It's red meat to powerful investors who want to oust Zuckerberg as chairman...
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    5. Powerful Facebook Investors Just Co-Filed a Proposal to Take Down Mark Zuckerberg as Chairman

      Powerful Facebook Investors Just Co-Filed a Proposal to Take Down Mark Zuckerberg as Chairman
      • Four powerful institutional Facebook investors have co-filed a shareholder proposal calling for Mark Zuckerberg's dual role as CEO and chairman to be split.
      • The proposal was originally filed by activist investor Trillium Asset Management and revealed by Business Insider in July after Facebook's brutal second quarter earnings...
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    1-5 of 5
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