Posted on 02/27/2025 10:35:05 AM PST by ProgressingAmerica
Feb 25 (Reuters) - Apple shareholders voted to keep the tech giant's diversity, equity and inclusion policies on Tuesday, a win for management which had opposed efforts by a conservative group to scrap the program.
The vote at the iPhone maker's annual meeting was seen as a test of shareholder views about the value of DEI programs, which many companies added or beefed up starting in 2020 amid the Black Lives Matter movement.
(Excerpt) Read more at reuters.com ...
Civil Rights Division: Prosecute for racism under the Civil Rights Act of 1964.
Govt contracts?
Figures.
Oh yeah—let the litigation begin and break Apple.
Just keep the feds out of it. None of their constitutional business.
> Apple shareholders voted to keep the tech giant’s diversity, equity and inclusion policies… <
Democracy in action!
Not really. The average Joe has 100 shares. That’s 100 votes. The big mutual fund companies vote their millions of shares. That’s millions of votes.
Joe probably shouldn’t have even bothered.
Per AI:
The largest shareholders of Apple are The Vanguard Group, BlackRock, and Berkshire Hathaway.
Exactly. Shareholders do not equal one-man-one-vote.
Great now any shareholder can launch a class action lawsuit claiming this cost them money and most likely win a billion dollar class action lawsuit!
Not true. Any shareholder can now sue and make it a class action lawsuit that this policy cost them money if the shares go down.
I’m a shareholder and I wasn’t asked to vote. WTH?
States can sue Apple for blatant anti-white hate.
> Shareholders do not equal one-man-one-vote. <
And as you’ll probably agree, that’s the way it should be. My point is that these votes are dominated by the big mutual funds. If banning DEI fails, it’s because the big mutual fund companies want it that way.
I guess the board rooms of those big guys are still dominated by cowards and weaklings. That will take a bit of time to change.
Well, there are some laws about fiduciary responsibilities and how the interest of the shareholder is supposed to govern. I hope that the MAGA DOJ uses whatever tools are at their disposal to put an end to DEI everywhere.
Not really. The average Joe has 100 shares. That’s 100 votes. The big mutual fund companies vote their millions of shares.
I’m a shareholder, too, and it wasn’t on any ballot I received.
largest shareholders of Apple are The Vanguard Group, BlackRock, and Berkshire Hathaway.”
All you need to know.
Just got the new 16pro. But I get it free.
Wish Elon would make a phone
I get an email once a year to vote on board members and stuff like this. I’m going to do a search on that.
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