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Tag: Zuckerberg

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Facebook Set To Launch Dedicated News Tab

San Francisco: Calling itself a ‘Fifth Estate’, Facebook has reportedly entered into deals with prominent media houses to launch a dedicated news tab on its platform. According to the Wall Street Journal, publications like News Corp, Dow Jones, New York Post, the Washington Post and others will help the social networking platform ramp up its […]

Facebook's Own 'Supreme Court' To Review Controversial Posts

San Francisco: As Facebook faces mounting scrutiny over its privacy and content moderation practices, the company has decided to construct a new independent “Oversight Board” like an internal “Supreme Court” that will review appeals from both Facebook and its users over controversial posts. For now, the board will begin its operations by hearing Facebook-initiated cases. The […]

Mark Zuckerberg set to face leadership vote

San Francisco: Facebook CEO Mark Zuckerberg was likely to face a leadership vote at the social networking giant’s annual general meeting on Thursday to step down as Chairman. According to the BBC, Zuckerberg was “unlikely to lose the vote because he owns 60 per cent of the company’s shares”. “However, the percentage of shareholders who […]

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Mark Zuckerberg rejects call to break up Facebook

London: Facebook CEO Mark Zuckerberg has rejected the call for breaking up his company, saying the size of Facebook was actually a benefit to its users and for the security of the democratic process. In an interview with French broadcaster France 2, Zuckerberg dismissed the claim made by his long-time friend and Facebook co-founder Chris […]

Facebook board defends COO Sheryl Sandberg

San Francisco: Facebook’s board of directors has defended Chief Operating Officer (COO) Sheryl Sandberg’s request to look into billionaire critic George Soros’ alleged interest in tarnishing the image of the social networking giant. According to a report in CNET on Wednesday, the board said in a letter that Sandberg “asked her staff to look into […]

I have no plan to step down: Zuckerberg

San Francisco: Despite mounting pressure from investors to step down as Facebook chairman as the social media firm faces intense scrutiny on data scandals, Mark Zuckerberg has said he has no plans to retire. In an interview with CNN late on Tuesday, he said this was not the time for him to quit as Facebook […]

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India warns Facebook, Zuckerberg of action over data breach

New Delhi: India on Wednesday warned social media giant Facebook and its CEO Mark Zuckerberg of “stringent action” including summoning him over “misuse” of data to allegedly influence electoral process. “As Law Minister of India let me make it very, very clear. We fully support freedom of press, freedom of speech and expression and free exchange […]

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'Secret police' chasing information leakers at Facebook: Report

San Francisco: Facebook CEO Mark Zuckerberg has reportedly deployed “secret police” to catch and punish information leakers at his company. According to a report in The Guardian, an unnamed employee was called to a meeting in 2017 under the guise of a promotion. However, he found himself face to face with the secretive “rat-catching” team […]

Facebook acquires biometric ID verification startup

New Delhi: Facebook has acquired a biometric ID verification startup named Confirm that specialises in remotely verifying IDs like drivers licenses. The startup offers an application programming interface (API) that helps verify government-issued identification cards. “We’re excited to announce that we have agreed to be acquired by Facebook! This is the culmination of three years […]

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Facebook might lose $23 bn after announcing changes to News Feed

London: Facebook was on course to lose 17 billion pounds ($23 billion) of its value after it announced it was making changes to its News Feed feature that will allow users to see more updates from family and friends than posts from businesses, brands and media. Facebook share fell 4 per cent within hours after […]

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