· *A second Facebook investor wants Mark Zuckerberg out as chairman.*
· *Zuckerberg controls Facebook thanks to the way the company's stock is structured, meaning he has final say on the future direction of the company.*
· *That's frustrating for activist investors who watched the Cambridge Analyticascandal wipe $60...
Facebook Inc Chief Executive Mark Zuckerberg will strike a conciliatory tone on Tuesday in testimony before Congress as he looks to fend off the possibility of new regulations as a result of the privacy scandal engulfing his social network.
ohn Thune, chairman of the U.S. Senate Commerce, Science...
Facebook paid $8.8million for Mark Zuckerberg's travel and security in 2017, a report revealed. These expenses could increase in 2018 as the CEO handles the... MailOnline - Front PageAlso reported by •Reuters
Facebook founder Mark Zuckerberg has admitted that his personal data was handed over to election consultants Cambridge Analytica, the British firm accused of... Belfast Telegraph - UKAlso reported by •MailOnline •Independent
Sen. Ted Cruz slammed Facebook CEO Mark Zuckerberg during his Congressional testimony on Tuesday, accusing the social media platform of being politically biased. MailOnline - WorldAlso reported by •Reuters
Photo by Chip Somodevilla/Getty Images Filings show Facebook shelled out a record amount on its European lobbying operations in 2017, doubling spend to $3 billion. The company faced multiple crises.. Source: Wochit Business -
Facebook on Tuesday unveiled a comprehensive series of privacy enhancements designed to extend protections required by the European Union's General Data Protection Regulation to all of the social media.. Source: Wochit News -
Facebook CEO Mark Zuckerberg is under pressure from EU lawmakers to come to Europe and shed light on the huge data breach involving data firm Cambridge Analytica. Facebook is currently under fire after.. Source: Wochit News -
Facebook asked conservative groups for help last week in heading off European-style privacy rules. This just as CEO Mark Zuckerberg prepared to apologize to Congress for his company's data scandal. The.. Source: Wochit News -
On Friday, social networking giant Facebook released its Proxy Statement ahead of its annual shareholders meeting that will take place on May 31, 2018. Included in the financial filing was information.. Source: Wochit News -
We’re willing to pay $8 per month for Hulu, $10 a month for Spotify Premium, and $11 per month for Netflix to consume media, but how much would you be willing to pay to stay in touch with friends in.. Source: Wochit -