Pension fund nudges Google, Yahoo on censorship
The New York City Pension Fund wants shareholders to force Google and Yahoo to refuse Internet censorship requests by governments.
The fund, which owns nearly $280 million worth of Google shares and $110 million in Yahoo shares, filed resolutions for shareholders at the two Internet companies to vote on at the next shareholder meetings. The resolution states that U.S.-based technology companies "that operate in countries controlled by authoritarian governments have an obligation to comply with the principles of the United Nations Declaration of Human Rights."
Specifically, the resolution calls for the companies to: refrain from hosting … Read more