Apple investors rejected an outside shareholder proposal to end the iPhone maker’s diversity, equity and inclusion efforts, though Chief Executive Officer Tim Cook said that the company may make some adjustments to the program.

The company conducted the vote as part of its annual meeting, held virtually on Thursday, with Cook and General Counsel Kate Adams leading the proceedings. In line with Apple’s recommendations, investors also spurned requests for reports on artificial intelligence risks and decisions related to child sex abuse material, or CSAM. They also rejected a measure about charitable giving practices.

Shareholders reelected Apple’s board of directors, ratified its outside accounting firm and approved the company’s executive compensation. Last year, Cook received an 18% pay bump to $74.6 million, including a $3 million base salary, $58.1 million in stock, and roughly $13.5 million in additional compensation.

As they have most years, shareholders voted in line with Apple’s recommendations. .

2 Southland video studios closing

Warner Bros. Discovery is closing three video-game studios and halting work on a highly anticipated Wonder Woman title in a bid to boost the profitability of its interactive entertainment business.

Kirkland, Wash.-based Monolith Productions, Player First Games in Los Angeles and Warner Bros. Games San Diego are being shuttered, according to a memo to staff viewed by Bloomberg News.

The cuts reflect a refocusing of the games division on major franchises such as Harry Potter, Mortal Kombat, Game of Thrones and DC Comics, primarily Batman.

“The quality of too many of our new releases has really missed the mark,” JB Perrette, head of games and streaming for Warner Bros., wrote in the memo. “We need to make some substantial changes to our portfolio/team structure if we are to commit the necessary resources to get back to a ‘fewer but bigger franchises’ strategy.”

In a statement to Bloomberg, a spokesperson for Warner Bros. Games said the shutdowns were “not a reflection of these teams or the talent that consists within them.”

Starbucks cutting drinks from its menu

Starbucks is making cuts to its menu, with some of the coffee giant’s “less popular beverages” set to take their final bow next week.

In an announcement Monday, Starbucks outlined plans to remove a selection of its drinks — including several blended Frappuccino beverages, the Royal English Breakfast Latte and the White Hot Chocolate — starting on Tuesday.

“These items aren’t commonly purchased, can be complex to make, or are like other beverages on our menu,” Starbucks wrote. The Seattle-based company added that simplifying its menu would allow it to “focus on fewer, more popular items, executed with excellence.”

Starbucks says these cuts will reduce wait times, improve consistency and “make way for innovation.” The chain says it will continue to introduce a handful of other new items and seasonal specials, such as its Cortado beverage introduced last month and a new “Iced Cherry Chai” set to debut in the spring.

The menu changes arrive amid wider restructuring at the Seattle-based company. Starbucks also said that it would be laying off 1,100 corporate employees globally this week — with CEO Brian Niccol citing needs to “operate more efficiently.”

Compiled from Bloomberg and Associated Press reports.