Amazon must let shareholders vote on limiting facial recognition sales, SEC says

  • 📰 CNN
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 95%

United States Headlines News

United States Latest News,United States Headlines

Amazon must allow shareholders to vote on a resolution that asks the online retailer to stop selling its facial-recognition software tool to government agencies, the US Securities and Exchange Commission says

San Francisco Amazon must allow shareholders to vote on a resolution that asks the online retailer to stop selling its facial-recognition software tool to government agencies, the Security and Exchange Commission said this week.

The SEC on Wednesday rejected Amazon's attempt to squash the shareholder proposals. One proposal asks Amazon's board to stop selling the company's Rekognition software to governments unless a third-party evaluation determines the tool"does not cause or contribute to actual or potential violations of civil and human rights." The other asks Amazon to enlist an outside entity to study the risks of using Rekognition.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Welcome to the 21st century. And welcome to 21st century problems. The future belongs to the young (including those that chose to remain young and spirited and intellectual into their golden years).....

The only people who would be against facial recognition are criminals who don’t want to get caught. It’s not anything new that facial recognition can be fooled like in Mission impossible where they use realistic human masks.

We are all so focused on the current administration, most don’t realize Amazon and other companies are pretty much controlling the nation. It’s dangerous bc they don’t even seem bound by the constitution. 😔

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Amazon Web Services to open infrastructure location in ColombiaAmazon Web Services (AWS), a unit of Amazon.com Inc, said on Thursday it will op...
Source: Reuters - 🏆 2. / 97 Read more »

Elon Musk, Tesla faulted by SEC as U.S. judge weighs billionaire's contempt caseA federal judge in Manhattan began considering on Thursday whether Tesla Inc Chi... TV I like Elon Musk, but their is only one winner here! TV Fat Elon. 😆 TV It's a fucking Tweet! It's not an official press statement! If the stock market could stop being an overreacting, whiney bitch, that would be nice. FFS, really... Since when is something writen on the internet held up to the highest standards? IT'S THE INTERNET! NEVER TRUST IT!
Source: Reuters - 🏆 2. / 97 Read more »

US judge gives Tesla CEO Elon Musk, SEC two weeks to work out their issuesUS Judge Alison Nathan ordered Musk and the SEC to 'take a deep breath, put on your reasonableness pants' and work out a solution. We can sit down and I show you a 1000 ways Bitcoin can change and impact the world 🌎 we live in. You show me just 1 reason paper money or any other payment system has that power fundstrat jack let’s not forget it’s Year 2019 now Time
Source: CNBC - 🏆 12. / 72 Read more »

Elon Musk's battle with the SEC heads to courtOn Thursday at 2 pm ET, a federal judge in New York will hear oral arguments in a lawsuit brought by the US Securities and Exchange Commission that seeks to hold Tesla CEO Elon Musk in contempt for violating a settlement deal. سيسجل التاريخ معركةالموصل وستدرس قصصها وبطولاتهاللأجيال القادمه وهذا في سَنَن من قبلنا. ثبات ضد العالم من اجل تحكيم شرع الله Why are wealthy people forever in trouble with the judicial system...is it money envy? Why don't you hold open Hearings on Trump!His Tax Records!
Source: CNN - 🏆 4. / 95 Read more »

SEC Issues Historic First Letter Saying It Will Not Take Action Against A Cryptocurrency BusinessThe SEC issues a historic 'No Action' letter telling the issuer of a crypto asset that it will not recommend actions against the company so long as it complies with certain conditions. DelRayMan 🚀🚀🚀 DelRayMan Basically, when you pay cash for tokens to play pinball, that is ALL they are good for. Got it boys and girls ?
Source: Forbes - 🏆 394. / 53 Read more »

SEC sides with Exxon by blocking major climate voteThe Securities and Exchange Commission granted Exxon's request to block a shareholder resolution that would've urged the oil behemoth to adopt and disclose greenhouse gas emissions targets on its business and products in line with the Paris climate accord The wealthy big corporations looking out for the welfare of the people? I'm not sure why the SEC is being funded by taxpayers anymore if they're only going to represent and protect CEO's. This should worry everybody! But people are more outraged about Biden! Pffft
Source: CNN - 🏆 4. / 95 Read more »

U.S. SEC issues guidelines to help analyze crypto assetsThe U.S. Securities and Exchange Commission on Wednesday issued guidelines to he...
Source: Reuters - 🏆 2. / 97 Read more »

Tesla's Elon Musk, SEC ordered by U.S. judge to try to settleA federal judge on Thursday ordered the U.S. Securities and Exchange Commission ...
Source: Reuters - 🏆 2. / 97 Read more »

Elon Musk safe for now as U.S. judge urges Tesla CEO, SEC to resolve tweet disputeTesla's Chief Executive Elon Musk and the U.S. Securities and Exchange Commission face off in court via ReutersTV TV How many Cars has he produced too how many pre paid $50,000....sounds like a Ponzi scheme.
Source: Reuters - 🏆 2. / 97 Read more »