Business News Roundup, May 23
SFGate -

A proposal meant to push Twitter to explore the possibility of becoming a user-operated cooperative was met with staunch resistance at the company’s annual shareholder meeting Monday. Preliminary counts of Twitter investors’ ballots indicate that the proposal, which asked investors to back a study on how Twitter might allow its users to buy the company, indicate the measure failed to gain a majority of votes. Despite ardent opposition from Twitter’s board of directors, Dorsey on Monday seemed...

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