EUR/USD 1.16902
0.063%
Gold 4798.76
-0.691%
Oil 60.596
-0.031%
USD/JPY 158.638
0.214%
GBP/USD 1.34277
-0.028%
GBP/JPY 213.019
0.213%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
A NATO spokesperson stated that NATO Secretary General Rutte did not offer any compromises that would undermine sovereignty during his meeting with US President Trump in Davos regarding Greenland.January 22nd, Futures.com analysts latest view: Spot gold prices fell slightly after a strong rally, now giving back some gains and attempting to accumulate new upward momentum to help it recover and rise again. This decline is mainly due to the market clearly trying to digest some of the overbought conditions after the Relative Strength Index (RSI) showed overbought signs, especially against the backdrop of negative signals from related indicators.S&P Global Ratings: Capital rules will put uneven pressure on South Korean insurance companies.January 22 – As Japan prepares for next months snap election, Munehito Kamiya, leader of a newly emerging minority party, stated that the Bank of Japans (BOJ) interest rate hikes may be too rapid and could harm the economy. He said the partys priority is to revitalize the economy through tax cuts, particularly the consumption tax, and loose fiscal policy. Kamiya said the BOJ should proceed cautiously with interest rate hikes given the still fragile economy. "I think the pace of interest rate hikes is a bit too fast," Kamiya said, warning that raising borrowing costs too early could harm the economy and small businesses. "Im not against the BOJs policy direction; the problem is the speed." Kamiya stated, "The division of power between the government and the central bank is quite important. On the other hand, in Japan, fiscal and monetary policies havent reached the level of cooperation they should." "Overemphasizing the BOJs independence could have a negative impact on the economy," he added.Reports indicate that Google will outsource the assembly of its TPU servers L10-L11 stages to Inventec.

Meta Institutional Investors Advocate Against Two Board Members' Re-election

Charlie Brooks

Apr 19, 2022 09:55

M2.png


"We think that Peggy Alford's and Marc L. Andreessen's lack of independence jeopardizes the board's capacity to appropriately monitor the management team and represent shareholders' best interests," SHARE said in a filing.


According to the statement, the group of 15 shareholders, which includes SHARE, the Illinois State Treasurer, and Arjuna Capital, called instead for the appointment of new, highly qualified independent directors.


Peggy Alford, a PayPal Holdings Inc (NASDAQ:PYPL) executive, joined Meta's board of directors in 2019, while Marc Andreessen, a venture investor, has sat on the board since June 2008.


Additionally, the shareholders requested the board to enact specific governance improvements, including the elimination of the dual-class structure and the separation of the chief executive officer and chairman duties. SHARE noted that Meta's board of directors has not responded to requests for comment on these topics.


Meta, whose annual meeting is planned on May 25, refused to comment.

Suggestion