Monday, November 03, 2008

New Low-cost Options for Secure, Environmentally Sound Disposal of IT ...

Shareholder resolutions calling for equal rights for all employees at Commercial Metals and Micron highlight growing support for companies to include sexual orientation in their nondiscrimination policies.

SocialFunds.com -- Two recent shareholder resolutions asking for sexual orientation to be added to companies' employment nondiscrimination policies met with great success. Micron Technology (MU) revealed on January 10, 2007 in their 10-Q that 55% of shareholders supported an amended policy in a recent proxy vote. Commercial Metals (CMC) shareholders supported 43% in favor to unequivocally add sexual orientation to their Equal Employment Policy.

These two companies are part of a minority of companies that still don't have inclusive nondiscrimination policies. The Human Rights Campaign reports that over 85% of Fortune 500 Companies have policies that are inclusive of sexual orientation. read more

2nd Annual Cayman Islands Conference: Hedge Fund Best Practices

Novell has claimed that SCO, the US firm conducting various legal campaigns over the Linux operating system, is about to go bankrupt.

In a court filing, reported this week by legal website Groklaw, Novell claimed that SCO should pay it almost all of the Unix licensing revenue it has received from Sun and Microsoft. This revenue amounts to almost $26m, and was earned by SCO when it sold Unix licences to Sun and Microsoft in 2003.

This revenue helped SCO to fight its claims that IBM violated SCO's intellectual property by including proprietary code from Unix on which SCO claims copyright into Linux.

Novell, though, argues that it is owed that revenue. In 1995 it transferred Unix and UnixWare to Santa Cruz Operations (now SCO) under a deal called the Asset Purchase Agreement (APA). read more