Menu
Yahoo stockholders vote down anticensorship proposal

Yahoo stockholders vote down anticensorship proposal

Yahoo shareholders struck down a proposal that would have forced management to adopt stronger policies regarding government attempts to limit Internet access and to curtail freedom of speech in countries where Yahoo operates.

Shareholders voted only 15.2 percent of Yahoo shares in favour of this proposal at the company's annual shareholders' meeting on Tuesday.

Yahoo's management had recommended that shareholders vote against this anticensorship proposal, which was presented by the New York City Comptroller's Office on behalf of the New York City Pension Funds.

The organisation, which owned about $124 million in Yahoo shares as of last Friday, also saw a similar proposal defeated last month at Google's shareholders meeting.

Yahoo, Google and other Internet companies are under pressure by shareholders and human rights groups to resist demands from governments to censor search-engine results that these governments find politically objectionable.

Critics also want internet companies to refuse governments' requests to turn over members' information when the intention behind those requests is to persecute otherwise law-abiding journalists and dissidents.

The defeated proposal would have required Yahoo to implement a series of policies, such as not hosting individuals' data in countries where political dissent is considered a crime.

The proposal also called for Yahoo to not engage in self-censorship and to use all legal means to resist censorship demands, complying with them only if legally bound to do so.

In recommending shareholders vote "no," Yahoo said in the meeting's proxy statement that the proposal would give the company "insufficient flexibility" to respond to legal requirements in the countries where it operates.

Yahoo also said it shares many of the proposals' concerns and objectives but that its presence is a positive force toward reform in countries where speech and press freedom is limited.

The company believes there is only so much pressure the private sector can apply to foreign governments; and that it's more powerful to establish bilateral and multilateral dialogues about political and human rights issues to bring about change.

Yahoo also listed in the proxy statement a series of steps it is taking to address internet freedom problems, including participating in policy discussions with private sector peers, governments, universities and other organisations.

Yahoo has also created a team made up of Yahoo employees to coordinate and support Yahoo's efforts at addressing privacy and free expression issues.


Follow Us

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags GoogleChinacensorshipYahoo

Featured

Slideshows

Meet the leading female front runners of the Kiwi channel

Meet the leading female front runners of the Kiwi channel

Reseller News honoured the leading female front runners of the New Zealand channel at the 2018 Women in ICT Awards (WIICTA) in Auckland. The awards honoured standout individuals across seven categories, spanning Entrepreneur; Innovation; Rising Star; Shining Star; Community; Technical and Achievement.

Meet the leading female front runners of the Kiwi channel
Meet the top performing customer-centric Microsoft channel partners

Meet the top performing customer-centric Microsoft channel partners

Microsoft honoured leading partners across the channel following a year of customer innovation and market growth in New Zealand. The 2018 Microsoft Partner Awards recognised excellence within the context of the end-user, spanning a host of emerging and established providers.

Meet the top performing customer-centric Microsoft channel partners
Reseller News launches new-look Awards at 2018 Judges’ Lunch

Reseller News launches new-look Awards at 2018 Judges’ Lunch

Introducing the Reseller News Innovation Awards, launched to the channel at the 2018 Judges’ Lunch in Auckland. With more than 70 judges now part of the voting panel, the new-look awards will reflect the changing dynamics of the channel, recognising excellence across customer value and innovation - spanning start-ups, partners, distributors and vendors.

Reseller News launches new-look Awards at 2018 Judges’ Lunch
Show Comments