Tag: Mark Zuckerberg

Outgoing Facebook executive says he hired controversial PR firm

Facebook loses $120 billion in market value over slow growth

Facing global backlash over the massive Cambridge Analytica data scandal, Facebook stock nosedived 20 per cent — wiping over $120 billion off the company’s market value — after its revenue and user growth in the second quarter of 2018 fell short of investor expectations. The social media giant late on[Read More…]

New Facebook features to protect users from bullying, harassment

87mn people affected by Cambridge data breach: Facebook

San Francisco: Facebook has admitted that information of up to 87 million people, mostly in the US, may have been improperly shared with the British political consultancy firm Cambridge Analytica. In a press conference on Wednesday, Facebook CEO Mark Zuckerberg said that they did not put out the 50 million number[Read More…]

Mark Zuckerberg's New Year resolution - 'Fix Facebook'

Mark Zuckerberg hits back at Tim Cook

San Francisco: Facebook CEO Mark Zuckerberg has hit back at Tim Cook saying that the recent criticism from his counterpart at Apple was unfounded, the media reported. In an interview given to Vox on Monday, Zuckerberg defended his company’s business model by saying: “You know, I find that argument, that[Read More…]

Honorary Degree

Zuckerberg gets his honorary degree from Harvard

On Thursday, Facebook CEO, Mark Zuckerberg got his honorary degree from Harvard University. He had dropped out of his alma-mater and created the global social media site Facebook. In his address to the students he said, “You accomplished something I never could.” He further talked about how through his travels around[Read More…]

Mark Zuckerberg talks about Modi in a Facebook post

The man behind Facebook, Mark Zuckerberg puts forth Facebook’s vision for the coming years and notably mentions PM Modi in his post. Talking about people-government relationship beyond vote counts, Zuckerberg said, “Beyond voting, the greatest opportunity is helping people stay engaged with the issues that matter to them every day,[Read More…]

Facebook adds option to report fake news

Complaints about fake news have been dominating in the cyber world since Hillary Clinton’s loss to Donald Trump in the US presidential elections. Many researchers, politicians and activists have attributed Hillary’s failure to the fake news article that flooded in social media websites, especially Facebook. Finally, Facebook had decided to[Read More…]

Zuckerberg denies Facebook role in US elections

Facebook CEO Mark Zuckerberg on Friday denied the idea that fake news on the social website has influenced the US presidential elections. Zuckerberg spoke at Technonomy conference in an interaction with David Kirkpatrick, who asked about Facebook’s role in the recently concluded US Presidential elections. Facebook has been under scathing[Read More…]

Mark Zuckerberg to get more control over Facebook

Facebook has approved the creation of 5.7 billion new shares of Class C stock that will keep its CEO Mark Zuckerberg in control as long as he is associated with the firm. The decision, taken at its annual shareholders’ meeting on Monday, gives Zuckerberg power to give away his wealth[Read More…]

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