Home > News content

Google Shareholders Request: Splitting Companies Actively Before the Government Starts

via:博客园     time:2019/6/19 20:58:24     readed:95


Tencent Technologies News, including Google, Facebook and Apple, is facing pressure from anti-monopoly investigations, spin-offs and privacy compliance enhancements, and many of them have rejected outside calls for spin-offs. According to the latest news from foreign media, a radical shareholder of Alphabet, the parent company of Google, recently called for Google to take the initiative to implement the splitting before the U.S. regulatory authorities force the company to split up.

According to foreign media reports, Sum Ofus, a U.S. -based organization that aims to curb the growth of corporate power, will make the proposal at Alphabet's annual shareholders'meeting on Wednesday. The conference will be held in an auditorium in Sunnyvale, California.

The proposal states:

Because two Alphabet executives, co-founder Larry,

However, this indicates that there is growing concern about the prospects for anti-monopoly actions against Alphabet and other large technology companies, such as Facebook and Amazon, which have too much influence on personal privacy and world information and are facing discontent from government departments and the public.

President of the United States Donald

Earlier this month, several media reports said that the U.S. Department of Justice and the Federal Trade Commission were preparing to investigate whether Google, Amazon, Apple and Facebook had abused their market dominance.

The proposal, which calls for the company to split on its own initiative, is one of the 13 proposals Alphabet needs to vote on Wednesday's shareholders'meeting. It is reported that among all the proposals, the employee group of Google supports five of them, but this does not include the proposal to split Google.

It is reported that through the shareholders'meeting, some leaders of local communities in Silicon Valley are also preparing to hold a demonstration to ask Google to come forward to solve the housing shortage in Silicon Valley.

Alphabet said in a shareholder's note that some of the company's current policies are actually aimed at the issues raised in the shareholder's proposal, and the company declined to comment further.

Foreign media pointed out that although these shareholder proposals are unlikely to be voted through, Google may respond to the questions raised. Earlier, after protests by employees, Google also stopped its AI technology team from cooperating with the U.S. Department of Defense according to employees'opinions.

Gutta, a shareholder activity manager at the SumOfus agency, said:

Over the past few years, Google and Facebook have witnessed countless privacy violations. In addition, in the European Commission and other countries and regions, Google has also been subjected to a large number of anti-trust investigations and fines. In the European Commission alone, Google has been subjected to three anti-trust investigations involving web search, Android operating system and online advertising, and has been fined about $8 billion.

Earlier, Congressman Warren, who is preparing to run for the presidency of the United States next year, called for a break-up of large technology companies such as Google to prevent them from using market dominance to undermine their rivals'interests. In particular, Warren pointed out that technology companies must not have both trading platforms and sell their own software and services, which means that the software stores of Google and Apple, as well as Amazon's online retail platform, must be separated from other official businesses.

In addition, the father of the Internet, Tim

China IT News APP

Download China IT News APP

Please rate this news

The average score will be displayed after you score.

Post comment

Do not see clearly? Click for a new code.

User comments

Related news