Mark Zuckerberg is not giving 99% of his Facebook shares to a charity
9 years, 3 months ago

Mark Zuckerberg is not giving 99% of his Facebook shares to a charity

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Mark Zuckerberg, the founder of Facebook, has said that he will give 99 per cent of his Facebook shares away in his lifetime. He said he would dedicate 99 per cent of his shares in Facebook to the following "missions": personalised learning, curing disease, connecting people and building strong communities. open image in gallery The Chan Zuckerberg Initiative SEC filing “The Chan Zuckerberg Initiative will pursue its mission by funding non-profit organizations, making private investments and participating in policy debates, in each case with the goal of generating positive impact in areas of great need," the spokesperson said. "Any profits from investments in companies will be used to fund additional work to advance the mission.” In November those investments have included: $20 million to help connect American classrooms to fast and reliable internet $5 million in MasteryConnect, a teaching software $5 million to TheDream.US to help undocumented immigrants, in San Francisco attend college $15 million in AltSchool, an education initiative focussing on personalised learning and technology $10 million in Bridge international acadamies That's a lot of education technology, an area aligned with Facebook's mission of connecting people.

Bill Initiative Facebook Zuckerberg 99 Per Cent  mark  99  sign  shares  cent  private  zuckerberg  breaking  initiative  giving  charity  million  facebook  investments  chan

History of this topic

Mark Zuckerberg wants to bring back ‘OG Facebook’ as he says he will invest hundreds of billions in AI
1 month, 3 weeks ago

Mark Zuckerberg wants to bring back ‘OG Facebook’ as he says he will invest hundreds of billions in AI

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Mark Zuckerberg says he wants to get back to the original Facebook, restoring …

Mark Zuckerberg will cohost reception with Republican billionaires for Trump inauguration
2 months, 1 week ago

Mark Zuckerberg will cohost reception with Republican billionaires for Trump inauguration

The Hindu  

Meta CEO Mark Zuckerberg is cohosting a reception with billionaire Republican donors next week for Donald Trump’s inauguration, the latest sign of the Facebook founder's embrace of the president-elect. The other cohosts are Miriam Adelson, the Dallas Mavericks owner and widow of casino magnate Sheldon Adelson; Tilman Fertitta, casino magnate, Houston Rockets owner and Trump's pick to serve as U.S. …

Mark Zuckerberg will cohost reception with Republican billionaires for Trump inauguration
2 months, 1 week ago

Mark Zuckerberg will cohost reception with Republican billionaires for Trump inauguration

Associated Press  

WASHINGTON — Meta CEO Mark Zuckerberg is cohosting a reception with billionaire Republican donors next week for Donald Trump’s inauguration, the latest sign of the Facebook founder’s embrace of the president-elect. The other cohosts are Miriam Adelson, the Dallas Mavericks owner and widow of casino magnate Sheldon Adelson; Tilman Fertitta, casino magnate, Houston Rockets owner and Trump’s pick to serve …

Mark Zuckerberg will cohost reception with Republican billionaires for Trump inauguration
2 months, 1 week ago

Mark Zuckerberg will cohost reception with Republican billionaires for Trump inauguration

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Meta CEO Mark Zuckerberg is …

Mark Zuckerberg’s alliance with Donald Trump proves just how low he’ll go
2 months, 2 weeks ago

Mark Zuckerberg’s alliance with Donald Trump proves just how low he’ll go

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Meta’s choice of media outlet to announce its “free expression” overhaul was also telling: an exclusive interview …

Mark Zuckerberg's love for cage matches a major risk for Meta, say concerned investors
1 year, 1 month ago

Mark Zuckerberg's love for cage matches a major risk for Meta, say concerned investors

Hindustan Times  

Meta has been in the news over the past week due to its massive surge in share price after stellar quarterly reports. However, the investors of the company are now concerned over CEO Mark Zuckerberg's extracurricular activities, more specifically, his love for cage matches. Meta's CEO and Facebook founder Mark Zuckerberg Mark Zuckerberg has expressed his interest and participated in …

Who needs cops when you've got bodyguards! Mark Zuckerberg spent $43M on security in three years
1 year, 8 months ago

Who needs cops when you've got bodyguards! Mark Zuckerberg spent $43M on security in three years

Daily Mail  

Facebook tycoon Mark Zuckerberg has spent $43 million on private security over the past three years whilst simultaneously donating millions to causes that want to 'defund the police.' CZI, which Zuckerberg founded with his wife Priscilla Chan, has also reportedly donated more than $2.5 million to the anti-police group Solidaire, which has boasted about Oakland police losing $18 million in …

Mark Zuckerberg and wife Priscilla Chan welcome 3rd daughter
2 years ago

Mark Zuckerberg and wife Priscilla Chan welcome 3rd daughter

Hindustan Times  

Meta CEO Mark Zuckerberg and wife Dr Priscilla Chan are now parents to three daughters. Taking to Instagram, the Facebook co-founder announced the birth of their newborn daughter and shared a picture with the ‘little blessing’ Aurelia Chan Zuckerberg. The post captures Zuckerberg smiling at his baby girl, while the second picture shows Chan caressing Aurelia. Zuckerberg and Chan are …

Column: Meta and Twitter show the drawbacks of giving self-satisfied billionaires too much power
2 years, 4 months ago

Column: Meta and Twitter show the drawbacks of giving self-satisfied billionaires too much power

LA Times  

Meta CEO Mark Zuckerberg announces the new name for his company, formerly Facebook, in October 2021. Back in the prehistoric era — in 2012, when Facebook staged one of the most hyped initial public stock offerings of all time — I warned the company’s newly minted shareholders that they had become wedded to Mark Zuckerberg. The stock reached its all-time …

Zuckerberg's fortune falls by $71 billion so far this year as Facebook founder's net worth halves
2 years, 6 months ago

Zuckerberg's fortune falls by $71 billion so far this year as Facebook founder's net worth halves

Daily Mail  

Mark Zuckerberg's wealth has plummeted by $71 billion this year - more than any other billionaire tracked by Bloomberg's ratings. The New York-born billionaire has seen his fortune steadily slip away since he launched Meta, Facebook's parent company, in October 2021. The Facebook founder has seen his wealth drop by over half Zuckerberg was accompanied by his wife, Priscilla Chan, …

Facebook founder Mark Zuckerberg delivers harsh message to employees
2 years, 8 months ago

Facebook founder Mark Zuckerberg delivers harsh message to employees

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy As tech stocks take a tumble amid a broader market downturn, Meta chief …

Zuckerberg, Chan to invest up to $3.4B for science advances
3 years, 3 months ago

Zuckerberg, Chan to invest up to $3.4B for science advances

Associated Press  

The company that runs the philanthropy of Facebook CEO Mark Zuckerberg and his wife, Priscilla Chan, is investing up to $3.4 billion to advance human health over 10 to 15 years, according to a spokesperson for the organization. The Chan Zuckerberg Initiative, or CZI, announced Tuesday its new effort is aiming to “observe, measure, and analyze any biological process throughout …

Meta and the Facebook Papers: Why Mark Zuckerberg has nothing to fear
3 years, 4 months ago

Meta and the Facebook Papers: Why Mark Zuckerberg has nothing to fear

Salon  

With great fanfare on Thursday, Facebook CEO Mark Zuckerberg announced his company's much-anticipated name change. A former Facebook employee named Frances Haugen has been releasing a steady stream of leaked documents showing that Facebook knew its social media networks were being used to spread misinformation, stoke often genocidal levels of conflict, and undermine people's mental health — but did little …

Former Zuckerberg advisor: Facebook’s problem is its business model
3 years, 5 months ago

Former Zuckerberg advisor: Facebook’s problem is its business model

CNN  

Editor’s Note: This interview has been editing for length and clarity. New York CNN Business — Calls for increased regulation of Facebook continue to grow louder after leaked internal documents became public and whistleblower Frances Haugen’s testimony showed that the social media platform has repeatedly failed to rein hate speech and misinformation. On Friday, a consortium of 17 US news …

Facebook stock nosedive costs Zuckerberg $6bn
3 years, 5 months ago

Facebook stock nosedive costs Zuckerberg $6bn

The Independent  

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our …

Why everyone is mad at Mark Zuckerberg
3 years, 6 months ago

Why everyone is mad at Mark Zuckerberg

Raw Story  

It's been a rough week for Facebook CEO Mark Zuckerberg. This information was allegedly shared with Zuckerberg personally last year during a presentation — though he didn't mention any of those findings at a Congressional hearing just a few months ago on the impacts of social media on children, saying simply, "Social apps to connect with other people can have …

Facebook CEO Mark Zuckerberg and his wife donate additional $100 million to help election offices
4 years, 5 months ago

Facebook CEO Mark Zuckerberg and his wife donate additional $100 million to help election offices

Live Mint  

Denver: Facebook founder Mark Zuckerberg and his wife, Priscilla Chan, on Tuesday donated an additional $100 million to helping local election offices prepare for November even as some conservatives are stepping up their efforts to stop the funds from being used. The contribution brings the total funding for the election from Zuckerberg and Chan to $400 million — the same …

Facebook CEO Mark Zuckerberg donates $100 million to help US election offices
4 years, 5 months ago

Facebook CEO Mark Zuckerberg donates $100 million to help US election offices

India Today  

Facebook CEO Mark Zuckerberg and his wife Priscilla Chan will donate an additional $100 million to help local election offices prepare for November US presidential elections. This contribution, along with the previous one from Zuckerberg and Chan to fund the election infrastructure makes for a total contribution of $400 million. "Since our initial donation, there have been multiple lawsuits filed …

Mark Zuckerberg donates $100M more to help election offices
4 years, 5 months ago

Mark Zuckerberg donates $100M more to help election offices

Associated Press  

DENVER — Facebook founder Mark Zuckerberg and his wife, Priscilla Chan, on Tuesday donated an additional $100 million to helping local election offices prepare for November even as some conservatives are stepping up their efforts to stop the funds from being used. The contribution brings the total funding for the election from Zuckerberg and Chan to $400 million — the …

Mark Zuckerberg joins Jeff Bezos and Bill Gates in centibillionaire club after his net worth passes $100bn
4 years, 7 months ago

Mark Zuckerberg joins Jeff Bezos and Bill Gates in centibillionaire club after his net worth passes $100bn

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Mr Zuckerberg’s net worth increased after …

Mark Zuckerberg Believes Only in Mark Zuckerberg
4 years, 9 months ago

Mark Zuckerberg Believes Only in Mark Zuckerberg

Wired  

What does Mark Zuckerberg believe? Yet Zuckerberg allowed Facebook employees to help Trump use Facebook more effectively, certainly contributing to the electoral college win. Over the past two weeks these questions have taken on a new urgency as Facebook employees have for the first time publicly voiced anger and frustration with Zuckerberg’s decision to protect Trump’s calls for state violence …

Facebook employees demand Zuckerberg take a stand against Trump
4 years, 9 months ago

Facebook employees demand Zuckerberg take a stand against Trump

Al Jazeera  

Facebook employees critical of CEO Mark Zuckerberg’s decision not to act on President Donald Trump’s inflammatory comments about United States protests went public on Twitter, praising the rival social media firm for acting and rebuking their own employer. “Mark is wrong, and I will endeavor in the loudest possible way to change his mind,” wrote Ryan Freitas, whose Twitter account …

Facebook boss Mark Zuckerberg wields excessive power, former colleague says
5 years, 5 months ago

Facebook boss Mark Zuckerberg wields excessive power, former colleague says

ABC  

Facebook chief executive Mark Zuckerberg has too much control over the company and lacks accountability, according to one of his former senior executives. The social media company also needs to take "more responsibility" for its "negative effects" on the world to regain the public's trust, said Stephen Scheeler — who led Facebook's Australian and New Zealand office from 2013–17. "I …

Mark Zuckerberg makes his case for not breaking up Facebook
5 years, 9 months ago

Mark Zuckerberg makes his case for not breaking up Facebook

CNN  

San Francisco CNN Business — Mark Zuckerberg can’t think of a single reason to break up Facebook, even as lawmakers call to dismantle or regulate major US tech platforms. “The question that I think we have to grapple with is that breaking up these companies wouldn’t make any of those problems better,” Zuckerberg said in a conversation with Harvard law …

Facebook co-founder says company should be broken up because Zuckerberg is too powerful
5 years, 10 months ago

Facebook co-founder says company should be broken up because Zuckerberg is too powerful

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. The company’s boss has an influence “far beyond that of anyone else in the private sector or …

Facebook F8 2019: Zuckerberg to explain company's new 'privacy-focused' vision
5 years, 10 months ago

Facebook F8 2019: Zuckerberg to explain company's new 'privacy-focused' vision

Firstpost  

It has set aside $3 billion to cover a possible fine from the FTC over privacy violations. CEO Mark Zuckerberg will kick off Facebook’s annual F8 conference Tuesday with what are expected to be more details about his new “privacy-focused” vision for the social network. He’ll also likely do his best to bat away Facebook’s growing array of critics, emboldened …

Facebook CEO Mark Zuckerberg leveraged user data as 'bargaining chip' against rivals
5 years, 11 months ago

Facebook CEO Mark Zuckerberg leveraged user data as 'bargaining chip' against rivals

Firstpost  

Facebook rewarded companies that it favoured by giving them access to the data of its users. The documents obtained by NBC from a British investigative journalist Duncan Campbell, include emails, web chats, presentations, spreadsheets, and meeting summaries which show how Facebook would reward favoured companies by giving them greater access to user data. According to the documents, Facebook gave Amazon …

Column: Facebook shareholders are getting fed up with Zuckerberg but can’t do anything about him
5 years, 11 months ago

Column: Facebook shareholders are getting fed up with Zuckerberg but can’t do anything about him

LA Times  

Judging from the proxy statement issued by Facebook last week in advance of its May 30 annual meeting, the company’s shareholders are starting to get fed up with its leadership by co-founder, Chairman and Chief Executive Mark Zuckerberg. Our Board is locked into an out-dated governance structure that reduces board accountability to shareholders.” One of the four proposals would establish …

Facebook spends $22.6 million to keep Mark Zuckerberg safe
5 years, 11 months ago

Facebook spends $22.6 million to keep Mark Zuckerberg safe

Hindustan Times  

Facebook Inc more than doubled the money it spent on Chief Executive Officer Mark Zuckerberg’s security in 2018 to $22.6 million, a regulatory filing showed on Friday. Facebook has in the past few years faced public outcry over its role in Russia’s alleged influence on the 2016 US presidential election and has come under fire following revelations that Cambridge Analytica …

Facebook spent $20mn on founder Mark Zuckerberg's personal security in 2018
5 years, 11 months ago

Facebook spent $20mn on founder Mark Zuckerberg's personal security in 2018

India TV News  

Facebook spent $20 million on its CEO Mark Zuckerberg's personal security last year -- four times more than what he received for security in 2016. In a filing with the US Securities Exchange Commission on Friday, Facebook said it spent $2.6 million on private plane costs -- up from $1.5 million a year before, CNET reported. Facebook spent $2.9 million …

Zuckerberg Wants Facebook to Build a Mind-Reading Machine
6 years ago

Zuckerberg Wants Facebook to Build a Mind-Reading Machine

Wired  

For those of us who worry that Facebook may have serious boundary issues when it comes to the personal information of its users, Mark Zuckerberg’s recent comments at Harvard should get the heart racing. Zuckerberg dropped by the university last month ostensibly as part of a year of conversations with experts about the role of technology in society, “the opportunities, …

America's top donors: Jeff MacKenzie Bezos biggest philanthropists of 2018 $2 billion commitment
6 years, 1 month ago

America's top donors: Jeff MacKenzie Bezos biggest philanthropists of 2018 $2 billion commitment

Daily Mail  

Jeff and MacKenzie Bezos topped the U.S. list of biggest philanthropists of 2018 – but overall contributions by the nation's wealthiest donors was nearly half of 2017's total. His contribution was more than twice the $767 million that former New York City Mayor Michael Bloomberg gave to charity in 2018, according to the Chronicle of Philanthropy's annual list of biggest …

The power duo: Inside Mark Zuckerberg’s relationship with Sheryl Sandberg
6 years, 1 month ago

The power duo: Inside Mark Zuckerberg’s relationship with Sheryl Sandberg

CNN  

Tune in to “Facebook at 15: It’s Complicated,” airing on CNN at 9:00 p.m. on Sunday February 10. “That was as high stakes as it gets,” Sheryl Sandberg, Facebook’s COO, recalled in an interview last year for a forthcoming CNN documentary called “Facebook at 15: It’s Complicated.” “Mark prepared so carefully.” Yet, Sandberg, Zuckerberg’s longtime colleague and confidant, refrained from …

Mark Zuckerberg sees ’positive’ force of Facebook despite firestorm
6 years, 1 month ago

Mark Zuckerberg sees ’positive’ force of Facebook despite firestorm

Live Mint  

San Francisco: Mark Zuckerberg has said he sees Facebook as a largely "positive" force for society as the embattled social network marked its 15th anniversary. The Facebook co-founder and chief executive said he sees profound social changes "as networks of people connected via the internet replace traditional hierarchies and reshape institutions from government to business to media." In a post …

On Facebook's 15th anniversary, Mark Zuckerberg hits back at people who criticise his website
6 years, 1 month ago

On Facebook's 15th anniversary, Mark Zuckerberg hits back at people who criticise his website

India Today  

Facebook is celebrating its 15th anniversary today. So, on its 15th anniversary the Facebook chairman, Mark Zuckerberg, took to the platform he built to share its thoughts on the social media company's spectacular success. "As networks of people replace traditional hierarchies and reshape many institutions in our society -- from government to business to media to communities and more -- …

Despite privacy challenges, Facebook earns record profits
6 years, 1 month ago

Despite privacy challenges, Facebook earns record profits

India TV News  

Facebook, the social media giant saw a rise in the stock of 12 per cent after earning a record revenue of $16.91 billion that is up from $12.97 billion in the year-ago period in the fourth quarter, December 31. Facebook now has a monthly active user base of 2.32 billion which is a year on year increase of 9 per …

Mark Zuckerberg backed sharing Facebook users’ data
6 years, 3 months ago

Mark Zuckerberg backed sharing Facebook users’ data

Live Mint  

San Francisco: Facebook Chief Executive Mark Zuckerberg questioned the business case for giving millions of outside software developers wide access to customer data before endorsing the practice in 2012, according to internal emails published on Wednesday. The CEO’s 2012 emails, obtained by a British government panel investigating Facebook, provide an unusual window into the internal deliberations over the critical strategic …

Facebook investors want Mark Zuckerberg to step down as chairman
6 years, 4 months ago

Facebook investors want Mark Zuckerberg to step down as chairman

Live Mint  

Washington: Facebook investors have called on the company’s chief executive Mark Zuckerberg to step down as chairman following reports that the company hired a public relations firm to smear its critics, a media report said on on Saturday. The New York Times recently published a report revealing that Facebook at times smeared critics as anti-Semitic or tried to link activists …

Tech founders often fail as business leaders, but not Facebook CEO Mark Zuckerberg. What is he doing right?
6 years, 4 months ago

Tech founders often fail as business leaders, but not Facebook CEO Mark Zuckerberg. What is he doing right?

India Today  

Fourteen years after he started Facebook, Mark Zuckerberg is more powerful than ever. But while the world talks of the riches that Facebook has brought him, or his product vision that remains unmatched, often it misses the fact that unlike many other tech founders Mark Zuckerberg has remained in control of the company he started. Unlike other tech founders, who …

Facebook shareholders call for Mark Zuckerberg to be kicked out as chairman
6 years, 5 months ago

Facebook shareholders call for Mark Zuckerberg to be kicked out as chairman

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Mark Zuckerberg's strong control over Facebook has come under question after several high-profile …

Major Facebook investors want Mark Zuckerberg to step down as chairman
6 years, 5 months ago

Major Facebook investors want Mark Zuckerberg to step down as chairman

India Today  

Major Facebook investors want Mark Zuckerberg to step down as chairman of the company's board following several high-profile scandals. Four major US public funds -- state treasurers from Illinois, Rhode Island and Pennsylvania, and New York City Comptroller Scott Stringer -- that hold shares in Facebook have proposed removing CEO Mark Zuckerberg as chairman, joining activist and original filer Trillium …

Some public funds want to replace Mark Zuckerberg as Facebook chairman
6 years, 5 months ago

Some public funds want to replace Mark Zuckerberg as Facebook chairman

CNN  

San Francisco CNN Business — Following a long string of scandals and controversies, some Facebook investors believe the company would be better off without Mark Zuckerberg as its chairman. On Wednesday, a number of state and city treasurers joined a proposal asking Facebook’s board of directors to remove Zuckerberg as chairman. Making the role of chairman an independent position “is …

Priscilla Chan’s $61 billion mission to help the next generation
6 years, 5 months ago

Priscilla Chan’s $61 billion mission to help the next generation

CNN  

Palo Alto, Calif. CNN Business — Priscilla Chan always knew her life’s work would be helping children, but she didn’t anticipate having billions of dollars at her disposal to try and change the fate of an entire generation. CZI said it builds its technology in-house, invests in for-profit companies, and funds political advocacy work while trying to stay “bipartisan.” Former …

50 million Facebook users hacked, Mark Zuckerberg hacked: Find here if your account affected, how to secure it
6 years, 5 months ago

50 million Facebook users hacked, Mark Zuckerberg hacked: Find here if your account affected, how to secure it

India Today  

Facebook has suffered its most serious security breach till date as accounts of over 50 million people have been hacked. In other words, this means that your Facebook account is in 90 million affected accounts, you would have found yourself logged out forcibly from Facebook app or website on Friday night. Just to simplify: If you were logged out of …

Facebook data scientist left after Zuckerberg shut down request for flexibility for working moms
6 years, 6 months ago

Facebook data scientist left after Zuckerberg shut down request for flexibility for working moms

Daily Mail  

A Facebook data scientist has revealed she left the social media giant only eight months into her role after the company refused her part-time hours, the opportunity to work from home or additional unpaid maternity leave to bond with her child. Eliza Khuner was five months pregnant when she started at Mark Zuckerberg's social media empire in November 2017 but …

Facebook shares plunge to historic low as data scandals take a toll
6 years, 8 months ago

Facebook shares plunge to historic low as data scandals take a toll

Live Mint  

San Francisco: Facebook Inc. shares plunged as much as 20% Thursday after the social media company showed signs of slowing growth following months of scandal and criticism that delivered a sucker punch to earnings. All of those problems are hitting amid a harsh truth for the company: Facebook, the social network with 2.23 billion active monthly users, can’t grow forever. …

Facebook loses over $120 billion in market cap after privacy scandal hits revenue, user growth
6 years, 8 months ago

Facebook loses over $120 billion in market cap after privacy scandal hits revenue, user growth

India Today  

Facebook's market value tanked as the company's shares went into a free fall amid the ongoing investigations regarding its data privacy scandal on Wednesday. We are committed to investing to keep people safe and secure, and to keep building meaningful new ways to help people connect," Facebook CEO Mark Zuckerberg said announcing the company's second quarter earnings. Facebook registered daily …

Mark Zuckerberg's wealth plunges by $15bn as Facebook shares suffer biggest one-day loss in US history
6 years, 8 months ago

Mark Zuckerberg's wealth plunges by $15bn as Facebook shares suffer biggest one-day loss in US history

The Telegraph  

Facebook has suffered the biggest one-day loss in market value in US history after its shares plunged 18pc following a disastrous second quarter update. Some $14.7bn was knocked off Mark Zuckerberg's personal wealth following the huge share price slide, leaving the Facebook founder with around $71.8bn. A "significant slowdown in revenue growth" and an expected decline in operating margins in …

Zuckerberg overtakes Buffett to become third richest person in the world
6 years, 8 months ago

Zuckerberg overtakes Buffett to become third richest person in the world

The Telegraph  

Mark Zuckerberg has leapfrogged Warren Buffett to become the third richest person in the world, and is now said to be worth around $81.6bn. The shift in rankings, with Mr Zuckerberg's fortune now around $373m larger than Mr Buffett's, puts the Facebook founder only behind Amazon's Jeff Bezos and Microsoft's Bill Gates in terms of wealth, according to the Bloomberg …

Mark Zuckerberg says his own data was shared by Cambridge Analytica
6 years, 11 months ago

Mark Zuckerberg says his own data was shared by Cambridge Analytica

Live Mint  

Washington/San Francisco: Facebook Inc. chief executive Mark Zuckerberg on Wednesday told lawmakers that his own personal data was included in that of 87 million or so Facebook users that was improperly shared with political consultancy Cambridge Analytica. But he pushed back on congress members’ suggestions that users do not have enough control of their data on Facebook in the wake …

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