Infobip Among the Top CPaaS Providers in Metrigy’s Report
Infobip was ranked as the second-highest scoring Communications Platform as a Service (CPaaS) provider in analyst firm Metrigy’s latest CPaaS MetriRank Report.
Apple’s management announced it would not follow a recent trend among US firms. The company urges investors to reject a call to ditch its diversity, equity, and inclusion (DEI) policies.
The iPhone maker submitted an SEC filing in which it explained to shareholders the National Centre for Public Policy planned to call for it to drop its DEI programs. Apple noted shareholders are increasingly concerned over the validity of such schemes following a spate of court decisions that called the legality of DEI initiatives into question and reduced the threshold for successful discrimination lawsuits.
Apple noted a swathe of large US corporations had sensibly backtracked on DEI initiatives, explaining Alphabet and Meta Platforms cut related staff and investments, while Microsoft and Zoom laid off their entire teams. Amazon recently also detailed plans to cut down on DEI programs.
Other companies Apple noted had reviewed their DEI and related corporate equity positions include John Deere, hardware retailer Lowe’s, automotive companies Ford Motor and Harley-Davidson, and beverage manufacturer Jack Daniels. Apple even conceded there is no argument that DEI poses litigation, reputational, and financial risks to companies. But Apple’s board argued the proposal should be rejected, deeming the move unnecessary due to its well-established compliance program and the fact bosses maintain active oversight of legal and regulatory risks.
The board was also concerned over the plan’s potential to hinder its management, staff, and strategies: “The proposal inappropriately seeks to micromanage the company’s programs and policies by suggesting a specific means of legal compliance.” Apple’s Audit Committee is adjudged to be sufficient in aiding the board’s oversight, with the company also noting a solid compliance program covering its global operations.
The upcoming inauguration of President-elect Donald Trump appears to be a spur in the shifting views around DEI programs. Several big names in the technology world have shown large support to the incoming US leader in recent weeks, pumping millions of dollars into inauguration events.