Today Google announced it will ban ads for payday loans and other predatory lending products. Payday loans are short-term, high-interest loans that create and perpetuate cycles of debt among low income communities. With its new policy, Google is taking a big step to curtail the harmful impact of predatory lending schemes on its users. Low income people — the primary targets of economically exploitative ploys both online and off — stand to benefit most from the policy change.
WASHINGTON — Twenty-two public interest organizations have sent a letter urging the Federal Communications Commission to deny Charter’s bid to take over Time Warner Cable and Bright House Networks. Late last week, the Wall Street Journal reported that FCC Chairman Tom Wheeler may be planning to circulate a draft order approving the $90 billion merger.
In 2016, Open MIC worked with an Apple investor who submitted the first-ever shareholder proposal addressing racial diversity in the tech industry.
Investors Want AT&T to Clarify Policies on Surveillance Requests; Cite Documents Characterizing NSA Relationship as a “Partnership”
Open MIC has joined a petition to the Federal Communications Commission asking the agency to deny the merger of cable television company Charter Communications with Time Warner Cable and Bright House Networks as proposed unless a broad set of concerns are thoroughly addressed.
Comcast Corp. has called off its proposed merger with Time Warner Cable following careful scrutiny – and likely rejection - of the deal by the U.S. Department of Justice and the Federal Communications Commission.
A group of investment firms and foundations with widely-diversified investment portfolios today called upon the Federal Communications Commission (FCC) to adopt network neutrality rules that would protect an open Internet. They recommended reclassification of broadband Internet service under Title II of the Communications Act, giving the FCC clear regulatory authority over the Internet network infrastructure that serves millions of individuals, entrepreneurs and established businesses throughout the U.S.
American Express shareholders expressed strong support for a consumer privacy proposal filed by sustainable wealth manager, Arjuna Capital in collaboration with open media advocate Open MIC. The proposal was supported by over 21% of shareholders at the company’s annual meeting held Monday in New York, representing a high historic vote on a social issue.
A shareholder proposal calling on Verizon Communications Inc. (NYSE:VZ) to report on business risks arising from the company’s opposition to open Internet and network neutrality principles has gained important new support from investors, winning 26.4% of the vote at Verizon’s annual meeting on May 1.
A coalition of investors, which had requested that Verizon Communications Inc. (NYSE: VZ) publish regular reports on government and law enforcement requests for confidential customer data, today commended the company for publishing its first report and made recommendations for improving future reports.
In a victory for shareholders concerned about the role of telecommunications companies in government surveillance programs, Verizon Communications announced that it will begin to publish regular reports on the number of government requests it receives for customer data.
Citing the potential of “unprecedented and dangerous threats to the privacy of hundreds of millions of people” from government surveillance programs, a group of leading sustainable investment firms has called upon publicly-held U.S. companies to demonstrate leadership by adopting “a pro-active, principled approach to protecting the privacy and rights of their users.”
There is no "safe haven" for investors when it comes to privacy and data security, as clear risks exist for companies of all shapes and sizes.
About one-quarter of all Verizon Communications Inc. (NYSE:VZ) shareholder votes were cast in favor of a proposal that asks the company to report on business risks from Verizon’s controversial FCC lawsuit and other actions to oppose open Internet and network neutrality principles.
In response to a shareholder proposal, Apple Inc. has amended its Board’s Audit and Finance Committee charter to include responsibility for privacy and data security risks that confront the company.
A shareholder proposal calling upon AT&T Inc. (NYSE – T) to publicly commit to network neutrality principles on its wireless networks attracted important support in initial voting results released today at the company’s annual meeting in Salt Lake City.
Investors in AT&T, Verizon and Sprint will finally have an opportunity to vote on shareholder proposals which call on the companies to commit to network neutrality principles that would maintain open access to the Internet on wireless networks.
A coalition representing socially responsible investors in media and telecommunications firms today urged the Federal Communications Commission to adopt “clear principles, policies and practices” to guarantee that the Internet remains free and open for all Americans.
In a shareholder proposal led by Boston Common Asset Management, 17 investors representing over 24 million shares of Cisco Systems, Inc (NASDAQ: CSCO) totaling over $580 million USD are urging the company to adequately manage human rights related risks in its global operations.