June 12, 2007 10:51 AM PDT

Yahoo shareholders reject censorship, executive pay proposals

Yahoo shareholders on Tuesday rejected proposals that link executive pay with the company?s financial performance; oppose Internet censorship demands from China; and establish a human rights committee.

Shareholders also re-elected all the board members, snubbing a request by three proxy advisory firms to protest Yahoo Chief Executive Terry Semel's $70 million compensation package by kicking several members off the board.

The company is struggling in the face of formidable competition from Google in the search advertising business. Yahoo also has been sued over the jailing of a Chinese journalist who was arrested and sentenced to 10 years in prison after Yahoo provided information to the government.

Elinor Mills covers Internet security and privacy. She joined CNET News in 2005 after working as a foreign correspondent for Reuters in Portugal and writing for The Industry Standard, the IDG News Service, and the Associated Press. E-mail Elinor.

Topics:: Yahoo

Tags:: Yahoo,; Semel,; censorship

Share:: Digg; Del.icio.us; Reddit; Facebook; Twitter

About News Blog

Recent posts on technology, trends, and more.

Add this feed to your online news reader

Inside CNET News

Scroll Left Scroll Right

Nanotech - The Circuits Blog
Intel Atom chip spawns Toshiba, Gateway Netbooks
Add Toshiba and Gateway to the leaked list of Netbook makers using Intel's new Atom processor.
Gallery
En route to GPS-based air traffic control (images)
Technically Incorrect
Apple pulls iPhone app that upset Hollywood
An app that features a less than entirely honest Hollywood wheeler-dealer has been removed from Apple's App Store after a complaint from a super agent.
Beyond Binary
Visual Studio launch delayed by 'a few weeks'
Microsoft says it's still working to resolve some performance issues related to the Visual Studio 2010 developer tool suite, which was slated for a March release.
Video
Deep-sea volcanic explosion--part 2 (video)
Digital Media
China arrests thousands in Web porn crackdown
The Chinese government says it arrested more than 5,000 people in 2009 in an effort to crack down on Web porn use, according to Reuters.
Video
Deep-sea volcanic explosion--part 1 (video)
The Social
For eBay sellers, a holiday hamster hangover
The gift frenzy over Zhu Zhu Pets leaves some power sellers feeling like they've just run a marathon--but the steep price tags driven by scarcity lead to some impressive profits.
Cutting Edge
NASA's next frontier: Venus, the moon, or an asteroid
Agency selects three finalists in a competition to help determine where to focus its attention to get the most scientific value out of research into our solar system.
Gallery
NASA trains WISE eye on the sky (photos)
Crave
Japan university develops see-through fish
New transparent goldfish created to replace classroom dissections.
Green Tech
Green-tech venture investing cools off in 2009
Green tech is still attracting billions of dollars a year, but the amount of money has shrunk significantly as investors began to focus on start-ups with the most potential.