Tag: Mark Zuckerberg
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Facebook CEO opens up on Cambridge Analytica
Facebook founder and chief executive officer, Mark Zuckerberg, has shared an update on the Cambridge Analytica situation in which the social media giant was unable to protect users’ data of about 50 million people on the platform. Facebook had placed a ban on Cambridge Analytica after allegations emerged that a Cambridge University researcher named Aleksandr…
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Facebook loses $40 billion market value
Facebook shares closed down nearly 7.0 per cent on Monday, wiping nearly $40 billion off its market value as investors worried that new legislation could damage the company’s advertising business. TheNewsGuru reports Facebook CEO Mark Zuckerberg has been under pressure after privacy regulators launched a probe into how the social media giant handles users’ data…
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Zuckerberg under pressure as regulators probe into Facebook data practices
British privacy regulators are seeking a warrant to search the offices of the political consultancy Cambridge Analytica, following reports that the company may have improperly gained access to data on 50 million Facebook users. The move came as U.S. and European lawmakers demanded an explanation of how the consulting firm, which worked on President Donald…
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Mark Zuckerberg just added new friend to Facebook’s board
Facebook founder and Chief Executive Officer, Mark Zuckerberg, just announced American Express outgoing CEO, Kenneth Chenault, has joined the social media platform’s Board of Directors. Zuckerberg made this known in a statement yesterday stressing he had been trying to get Kenneth into the Facebook’s board for years. “I’m excited to announce that Kenneth Chenault, the…
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Mark Zuckerberg presents Facebook 2018 manifesto
Founder and Chief Executive Officer (CEO) of Facebook Inc., Mark Zuckerberg has said the topnotch social media firm “has a lot of work to do” in the year 2018. The Facebook CEO made this known in a statement today in what seems to be the platform’s manifesto for the year. “Today feels a lot like…
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Facebook founder, Mark Zuckerberg gets $23.6 billion richer
Facebook founder, Mark Zuckerberg got $23.6 billion richer in 2017 in a list of biggest billionaire gainers of 2017 released by Forbes. Forbes tracked the net worth of more than 2,000 billionaires in 2017 with Jeff Bezos, the richest person on earth since October, leading the 2017 biggest billionaire gainers list. TheNewsGuru reports Forbes measured…
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Photo: Facebook founder, Mark Zuckerberg, wife welcome second child
The Chief Executive Officer and founder of Facebook founder, Mark Zuckerberg announced on Monday that his wife, Priscilla Chan, announced the birth of their second child, a baby girl named August. Mark Zuckerberg expressed his happiness on his Facebook page. Facebook founder and CEO Mark Zuckerberg announced on Monday that his wife, Priscilla Chan, has…
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Mark Zuckerberg gets $3.5 billion richer in the last five days
Recent financial reports show that Facebook founder and Chief Executive Officer (CEO), Mark Zuckerberg got $3.5 billion richer in the last five days. This is an outstanding feat considering the fact that there is a global outcry of financial lack in every nook and cranny. Forbes reports that the shares of Facebook, which have risen…