Bloomberg

Apple Investors Defy Company and Vote for Civil-Rights Audits

Apple shareholders approved outside proposals recommending audits of the company’s civil-rights impact and a public report on its use of concealment clauses in employment agreements, marking a rare instance of investors defying the tech giant. The votes were part of Apple’s annual shareholder meeting, held virtually on March 4 for the second year in a row. Investors also reelected the company’s board and approved its executive compensation plan.

5G Has Been a $100 Billion Whiff So Far

When Verizon, AT&T, and T-Mobile introduced the first 5G mobile services in the US three years ago, they promised 10-times faster connection speeds that would unlock a new era of technological advancements. Although no one expected doctors to immediately turn their scalpels over to robots, the telecommunications industry has loudly trumpeted an array of business opportunities such as using augmented reality as a way for online shoppers to try on clothes remotely.