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By: Samantha Pelto
Virtual shareholder meetings have not yet become the standard in the United States, but they should be. Virtual shareholder meetings are held online with shareholders attending remotely, and a growing number of companies are holding their annual meetings in this format. In 2009, only four companies held virtual shareholder meetings, but that number increased to 285 by 2018.
State laws require companies to hold annual shareholder meetings to vote for directors or on other matters requiring shareholder approval. The annual meetings are an opportunity for shareholders to raise questions and concerns with the company’s directors and management. Thirty states, including Washington, now permit virtual-only shareholder meetings. Virtual-only meetings are meetings held exclusively online with no physical location.
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By: Samy Danesh
“Is it possible to delegate processing of your data without giving away access to it?” This was the question posed by Craig Gentry in his paper Computing Arbitrary Functions of Encrypted Data, in which he introduced the concept of homomorphic encryption.
Tech companies find the privacy discussion threatening – afraid that broad privacy legislation and high standards of privacy protection will dry up the well of innovation and economic growth. For example, the Center for Data Innovation and IAPP view the EU’s General Data Protection Regulation as potentially inhibiting European companies’ ability to compete in AI development and the data driven economy. This fear is not completely unfounded since much of today’s technology depends on access to large troves of data. However, innovative solutions like homomorphic encryption create an opportunity for greater data privacy without compromising the industry’s ability to access data and process that information to provide products and services.
By: Simrit Hans
The ownership of a 1917 watercolor by Austrian painter Egon Schiele is currently being contested in a three-way legal battle. The painting, Portrait of the Artist’s Wife, was purchased by award-winning documentary filmmaker Robert Lehman in 1964 from the Marlborough Gallery in London. In 2016, Mr. Lehman transferred ownership of the work to his family’s foundation to be sold at auction. It was the auction house, Christie’s, that recognized the painting’s potentially questionable provenance and contacted Israelitische Kultusgemeinde Wien (IKG), which represents the Jewish community of Vienna, about the painting’s history. IKG recognized Eva Kirkl as the painting’s true owner. Ms. Zirkl, who has had other works by Egon Schiele returned to her, is the heir of Karl Mayländer, a Jewish businessman and art collector who was killed during the Holocaust. The third party to the dispute over the painting consists of the Robert Reiger Trust and heirs of Heinrich Rieger, Egon Schiele’s dentist and an early collector of his work, who also died during the Holocaust.
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By: Justin Brascher
By: Treja Jones
With technology on the rise, it’s become easier to monitor the security of one’s property. Accordingly, more and more homeowners are installing security devices and equipment outside their homes to capture suspicious activity and prevent theft or trespass. As the use of social media outlets continues to grow, allowing people across the world to share images, videos and announcements with one another, security companies are beginning to create features that allow product-users to share recorded security footage on the internet in order to alert neighbors of potential crime. Such neighborhood watch features work to make communities safer by keeping residents in the know about potential criminals lurking around the neighborhood. But does the use of security camera technology with the ability to publicly post captured footage violate Washington privacy laws?