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Amazon.com Inc said shareholders rejected proposals to curb and audit its facial recognition service on May 22, just as members of Congress indicated there was bipartisan support to one day regulate the technology.
Two US senators on May 6 criticised reported plans for a Federal Trade Commission settlement with Facebook Inc for misuse of consumers' personal data, saying that top officials, potentially including founder Mark Zuckerberg, must be held personally responsible.
Facebook CEO Mark Zuckerberg has too much power and it’s hurting the company, according to multiple shareholder proposals that will be considered at the company’s annual meeting, including one that calls for exploring strategic alternatives such as selling the tech giant’s other businesses.
US securities regulators shot down attempts by Amazon.com Inc to stop its investors from considering two shareholder proposals about the company's controversial sale of a facial recognition service, a sign of growing scrutiny of the technology.
Uber Technologies Inc is already delivering billions of dollars’ worth of food for local restaurants. Soon it could be taking over their kitchens, too.
Google’s exploratory work on a censored Chinese search engine, which last year sparked employee protests and questions in the US Congress, is stoking shareholder activism.
Amazon.com Inc shares seesawed on Jan 10 as investors questioned how the impending divorce of company founder Jeff Bezos would affect his control of the most valuable company on Wall Street and its ambitious expansion plans.
Football clubs are starting to tap the potential of blockchain technology as an innovative way to deal with longstanding issues such as ticket scalping, fan engagement and the payment of players' salaries.
French footballing giants Paris Saint-Germain are launching their own cryptocurrency after announcing a new partnership with Socios.com, a blockchain company based in Malta.
Airbnb Inc’s founders were moments away from merging their China business with local competitor Tujia in January 2017. Executives and investors spent hours hashing out a deal. Preliminary term sheets were drawn up. Then in the final hour of negotiations, Airbnb pulled out.