Inside Amazon’s battle to kill an unprecedented shareholder revolt over facial recognition
|05/21/2019||Posted by BusinessMediaguide.Com under General World News||
- Amazon shareholders will stage an unprecedented vote on Wednesday on whether to stop the company from selling its facial recognition technology to government agencies.
- Activist shareholders are concerned that the technology, known as Rekognition, will be used for surveillance and has been found to produce inaccurate results.
- Amazon tried to kill the vote in an unusual legal battle, during which it has trash talked the commercial potential of Rekognition and said customers are to blame if the technology is misused.
- The votes are not binding and may fail to secure a majority of support among shareholders, but investors hope they read more >>>