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Key facts: Norway's fund to challenge Microsoft CEO's re-appointment; firm expands data centers
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technology12h ago

Key facts: Norway's fund to challenge Microsoft CEO's re-appointment; firm expands data centers

  • Norway's $2 trillion fund will push Microsoft to report on human rights risks at its December meeting.
  • The fund will oppose Satya Nadella's reappointment and pay at Microsoft.
  • Microsoft runs 522 data centers and plans 411 more as it expands infrastructure.
  • The expansion underlines Microsoft’s push to meet rising demand, especially from AI advancements.
  • The moves come as investors scrutinize governance practices at major tech firms.
  • The reference indicates the fund’s strategy includes backing shareholder proposals.
  • The December 5 meeting is the key date for the fund's proposals on Microsoft governance.
  • The fund’s stance targets both the CEO’s tenure and the organization’s pay structure.
  • The report on human rights risks would be a governance-focused disclosure.
  • The article cites Microsoft’s rapid infrastructure expansion as a backdrop to governance debates.
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