This Tuesday, Mark Zuckerberg was expected to testify in court for the second time this year. His testimony might have helped determine if he and his company had breached their fiduciary duty to minority shareholders. But according to the Delaware Court of Chancery, the case has been cancelled and settled out of court.
Tagged With mark zuckerberg
Facebook founder and NASCAR enthusiast Mark Zuckerberg likes a lot of things. He likes Facebook. He likes being in charge of Facebook. He even likes talking about how much he likes being in charge of Facebook. Mark Zuckerberg does not, however, like it when reporters publish embarrassing but true details about how he runs his Facebook page.
On or shortly after next Tuesday in Delaware's Court of Chancery, the founder and CEO of Facebook will take the stand for the second time this year. Unlike the intellectual property case against Zenimax that forced Facebook to cough up $US500 million ($631 million), Mark Zuckerberg stands to lose some of the control he's maintained over his his company over a suit pertaining to the bone-dry topic of stock restructuring. Don't worry, it's more digestible than it sounds.
Mark Zuckerberg disingenuously poses as a friendly critic of algorithms. That's how he implicitly contrasts Facebook with his rivals across the way at Google. Over in Larry Page's shop, the algorithm is king, a cold, pulseless ruler. There's not a trace of life force in its recommendations and very little apparent understanding of the person keying a query into its engine. Facebook, in his flattering self-portrait, is a respite from this increasingly automated, atomistic world. "Every product you use is better off with your friends," he says.
Social media companies need to start being more transparent about their roles in the US presidential election, Sen Mark Warner told reporters today. Twitter will need to explain to Congress how its platform was used by Russian trolls attempting to influence the US presidential election, and Facebook ought to make political ads purchased by fake Russian accounts public, the senator said.
Today, Facebook CEO and much-rumoured presidential hopeful Mark Zuckerberg posted to his personal page explaining why the company would renew efforts to crack down on hate speech across the site, citing the terrible violence that transpired at a white supremacist rally in Charlottesville, Virginia last weekend.
Facebook CEO Mark Zuckerberg publicly claims he is not preparing to run for president, despite the fact he has spent an awful lot of time travelling around the US in an effort to understand the little people.
Tech giants Elon Musk and Mark Zuckeberg have been engaged in a very public, somewhat silly and self-indulgent battle over artificial intelligence lately. Musk has warned AI-powered robots could usher in some form of automated war to give humanity its richly deserved demise, while Zuckerberg responded by saying he is "really optimistic" it could usher a golden age of lifesaving technology.
In his recent adventures beyond the valley, Mark Zuckerberg has made a point of hammering on the issue of income inequality, saying the US should "explore ideas like universal basic income to give everyone a cushion to try new things." But Zuckerberg needs to look no further than his own workers who live just miles from Facebook's Frank Gehry-designed campus to find striking examples of appalling income disparity.
Facebook CEO Mark Zuckerberg is still on his listening tour/presidential campaign test run and he's been very busy the last few days. Just moments ago he showed up in Omaha to visit the Pride Festival. But Friday's late-day stop to speak with truckers in Iowa has to be one of the most illuminating moments from this odd circus.
Tim Cook, Mark Zuckerberg and other tech leaders are speaking out against President Trump's decision today to yank the US out of the Paris climate agreement in which 177 nations pledged to reduce their carbon emissions. Cook addressed employees in an internal email, while other CEOs made their comments on social media.
The Harvard Crimson has either become the victim of an incredibly funny prank, or Facebook is beta-testing its silent speech brain interface on university students.
Facebook has a problem. Not the one where they admitted to being a megaphone for propaganda and psy-ops. Or the one where they narced on at-risk Australian teens. No, today's news concerns how the social giant/massive data collection scheme has (increasingly) become an unwilling platform for users to broadcast violent crimes, sexual acts, child exploitation and suicide.
Back in January, Facebook CEO Mark Zuckerberg said he was "quite proud of the impact that we were able to have on civic discourse", doubling down on his stance that the rise of misinformation, spread of outright propaganda, and rapid erosion of trust in the fourth estate were anyone's problems but his. A whitepaper from the world's largest social media platform — where an estimated 66 per cent of the site's American users get their news — casually mentions that Facebook is also fertile soil for "subtle and insidious forms of misuse, including attempts to manipulate civic discourse and deceive people".