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Happy Wednesday! Shareholder meetings are providing activists an opportunity to push tech giants on issues including civil rights violations, hate speech and whistleblower protections. In other news, Amazon announced its intention to acquire MGM Studios in a move sure to heighten already elevated antitrust scrutiny against the e-commerce giant.
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PROXY BALLOT BATTLES: Tech giants are facing increasing pressure from activists to adopt proposals aimed at expanding whistleblower protections, investigating potential civil rights violations and curbing hate speech online.
Activist shareholders are pushing for the proposals to be adopted during this week’s annual meetings, the first to be held after a year that’s included nationwide Black Lives Matter protests, a deadly riot at the Capitol and challenging working conditions for many on-site workers in the tech industry.