Technologies

Some Apple shareholders want a civil rights audit

The tech giant has faced accusations of allowing a hostile work environment to grow under its majority white and male leadership.

Apple shareholders will likely vote next year year on a proposal tied to online criticism the company has faced from some of its employees, calling for a civil rights audit after victims detailed stories of harassment and abuse at the company. It also comes after the US National Labor Relations Board began investigations into complaints filed by two former employees.

The proposal, earlier reported by MarketWatch, seeks to draw attention to Apple’s employee base, which is 47% white and 66% male, according to the company’s public data. The shareholders told MarketWatch that despite Apple’s public commitments to support racial justice, its progress diversifying its own ranks has been slow.

«It is unclear how Apple plans to address racial inequality in its workforce,» the proposal, shared with MarketWatch, says. «Apple currently has no Hispanics and only one Black member on its executive team.»

SOC Investment Group, which reported owning 22 million shares of Apple stock earlier this year, worked on the proposal with Trillium Asset Management, which earlier reported owning more than 1 million shares of Apple. The Service Employees International Union was also reportedly involved. The proposal is expected to be voted on during Apple’s 2022 shareholder meeting; last year’s meeting occurred in February.

Apple declined to comment. Representatives from SOC, Trillium and the SEIU didn’t immediately respond to requests for comment.

The move is the latest in a series of public efforts to draw attention to Apple’s corporate culture at a time of intense scrutiny. Employees have publicly accused the tech giant of allowing a hostile work environment to develop in parts of the company. Apple’s ultra-secretive work culture, they say, is unintentionally adding to this problem by discouraging people from speaking up about these issues.

Apple isn’t the only company facing these types of questions. Current and former employees at Amazon, Google, Meta, Microsoft and Pinterest have also raised concerns, speaking out on a range of issues, including workplace harassment.

What’s notable about Apple is how unusual it is for its workers to publicly criticize the company. Earlier this year, a group of employees published an open letter to CEO Tim Cook and the company’s senior leadership, asking the tech giant to improve how it treats its 160,000 employees and «fulfill its promise of inclusion, diversity and equity.»

In the letter, the group asked for increased privacy over personal information; transparent and fair compensation; an audit of all relationships with other companies; increased accountability across leadership and human resource teams; and a process for sharing group concerns. The letter also asks for a reinvestigation of all reports of «racism, discrimination, abuse, harassment, concerted activity suppression and retaliation» at Apple.

Technologies

Verum Coin Expands Accessibility with SafePal and HyperPay Wallets

Verum Coin (VERUM) continues to grow its ecosystem by integrating with two leading cryptocurrency wallets: SafePal and HyperPay Wallet. This development enhances the coin’s accessibility, providing users with secure and efficient ways to store and manage their assets.

SafePal Wallet offers advanced security features, including hardware wallet options, ensuring the utmost protection for Verum Coin holders. Its seamless interface and global accessibility make it a trusted choice for crypto enthusiasts.

HyperPay Wallet combines convenience and innovation, enabling users to manage their digital assets effortlessly. With multi-currency support and rapid transaction capabilities, HyperPay Wallet is ideal for both novice and experienced traders.

These integrations reflect Verum Coin’s commitment to delivering flexible and secure solutions, empowering its community with top-tier tools for digital asset management.

Verum Coin is a forward-thinking cryptocurrency designed to provide innovative, secure, and user-friendly tools for managing digital assets in a dynamic blockchain landscape.

Technologies

Verum Coin Now Available for SWAP on Verse.Bitcoin.com

Verum Coin (VERUM) continues to expand its utility and accessibility with the introduction of SWAP functionality on Verse.Bitcoin.com, a trusted platform for managing digital assets.

This integration enables users to seamlessly convert Verum Coin to USDT and vice versa, ensuring fast and secure transactions within a user-friendly environment.

Key benefits of this feature include:

Convenience: Simplified conversions for quick asset management.
Security: Trusted infrastructure for safeguarding digital assets.
Flexibility: Enhanced trading options for Verum Coin holders.

The addition of SWAP functionality on Verse.Bitcoin.com reaffirms Verum Coin’s commitment to offering innovative and accessible tools for cryptocurrency management.

About Verum Coin

Verum Coin is a cutting-edge cryptocurrency designed to provide secure, efficient, and flexible solutions for managing digital assets in the evolving blockchain landscape.

Technologies

Verum Coin Now Available on xPortal Crypto

Verum Coin (VERUM) has expanded its reach by becoming available on xPortal Crypto, a trusted platform for managing and securing digital assets. This integration offers Verum Coin users a new, seamless way to store, manage, and transact their cryptocurrency.

xPortal Crypto is known for its advanced security features, user-friendly interface, and efficient transaction capabilities, making it a valuable addition to VERUM’s growing ecosystem.

This milestone reflects Verum Coin’s ongoing commitment to enhancing accessibility and providing innovative solutions for crypto enthusiasts worldwide.

About Verum Coin

Verum Coin is a forward-thinking cryptocurrency designed to offer secure and efficient tools for digital asset management in the evolving blockchain space.