Yahoo stockholders vote against anticensorship proposal

Yahoo shareholders voted down an anticensorship proposal at their annual meeting

Yahoo shareholders voted 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 favor 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 organization, which owned about US$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 that there is only so much pressure that 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 organizations.

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.

Join the newsletter!

Error: Please check your email address.
Rocket to Success - Your 10 Tips for Smarter ERP System Selection
Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Juan Carlos Perez

IDG News Service
Show Comments

Cool Tech

SanDisk MicroSDXC™ for Nintendo® Switch™

Learn more >

Breitling Superocean Heritage Chronographe 44

Learn more >

Toys for Boys

Family Friendly

Panasonic 4K UHD Blu-Ray Player and Full HD Recorder with Netflix - UBT1GL-K

Learn more >

Stocking Stuffer

Razer DeathAdder Expert Ergonomic Gaming Mouse

Learn more >

Christmas Gift Guide

Click for more ›

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Edwina Hargreaves

WD My Cloud Home

I would recommend this device for families and small businesses who want one safe place to store all their important digital content and a way to easily share it with friends, family, business partners, or customers.

Walid Mikhael

Brother QL-820NWB Professional Label Printer

It’s easy to set up, it’s compact and quiet when printing and to top if off, the print quality is excellent. This is hands down the best printer I’ve used for printing labels.

Ben Ramsden

Sharp PN-40TC1 Huddle Board

Brainstorming, innovation, problem solving, and negotiation have all become much more productive and valuable if people can easily collaborate in real time with minimal friction.

Sarah Ieroianni

Brother QL-820NWB Professional Label Printer

The print quality also does not disappoint, it’s clear, bold, doesn’t smudge and the text is perfectly sized.

Ratchada Dunn

Sharp PN-40TC1 Huddle Board

The Huddle Board’s built in program; Sharp Touch Viewing software allows us to easily manipulate and edit our documents (jpegs and PDFs) all at the same time on the dashboard.

George Khoury

Sharp PN-40TC1 Huddle Board

The biggest perks for me would be that it comes with easy to use and comprehensive programs that make the collaboration process a whole lot more intuitive and organic

Featured Content

Product Launch Showcase

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?