Facebook spent over $22m to keep CEO Mark Zuckerberg safe

After a year of scandals and controversy, Facebook spends $22.6 million to keep Mark Zuckerberg safe Facebook has in the past year doubled the amount of money it is spending on the personal security of founder and CEO Mark Zuckerberg. Regulatory filings have revealed that Facebook now spends $22.6 million on bodyguards and other security for … Continue reading Facebook spent over $22m to keep CEO Mark Zuckerberg safe

Facebook plans to merge Instagram, WhatsApp and FB Messenger

FACEBOOK CEO Mark Zuckerberg has said his company wants to integrate WhatsApp and Instagram, adding that services from both applications will function under a single messaging platform--Facebook Messenger. The idea behind Zuckerberg's new business plan is to enhance communication between users across the three platforms. According to The New York Times, this project will be … Continue reading Facebook plans to merge Instagram, WhatsApp and FB Messenger

Facebook searching for a new leader

  Although Facebook has been run by its founder Mark Zuckerberg for many years, the young entrepreneur is believed to be looking for a new leader to take up the mantle. Due to the alleged privacy violations and fake news regarding Facebook in 2016, the company now faces a lot of backlash from users. The … Continue reading Facebook searching for a new leader

Zuckerberg defends FB and his leadership positions

  Gripped with a string of scandals that have impacted not only Facebook shares but also his personal wealth, the company's founder and CEO Mark Zuckerberg has now defended the company and his own role at the world's largest social media giant.  In a recent interview with CNN, Zuckerberg clarified that he had no intentions … Continue reading Zuckerberg defends FB and his leadership positions

Facebook in “fresh” troubles

Facebook hit a low point this week following a string of scandals since the start of 2018. A damaging report published by The New York Times this week added another shocking controversy to the growing troubles facing Facebook, and caused the company's shares to slide to their lowest since April 2017. However, the company's boss, … Continue reading Facebook in “fresh” troubles

Mark Zuckerberg reveals a ‘Secret to Successful HR Management’

Mark Zuckerberg admits that managing human and material resources could be a mountainous task, and it is unarguably so when there are over 30,000 employees, 1.47 billion active users, and investments worth billions of U.S. dollars to control. However, Zuckerberg says there is a simple trick to Human Resource management: Hire people you would be … Continue reading Mark Zuckerberg reveals a ‘Secret to Successful HR Management’

Why Facebook earnings report caused massive drop in stock value

Facebook on Thursday published its earnings report with forecast of decline in revenue. The market development triggered a significant fall of company’s stocks value and investors are reportedly scared of a slow-down in the social network giant’s revenue growth. Facebook shares dropped over 19% in trading on Thursday, a market trend which has been the … Continue reading Why Facebook earnings report caused massive drop in stock value

Facebook CEO tenders unreserved apologies to European Lawmakers

Facebook chief Mark Zuckerberg apologised to the European Parliament on Tuesday (May 22) for the "harm" caused by a huge breach of users' data and by a failure to crack down on fake news. Image: Mark Zuckerberg But Zuckerberg's appearance failed to satisfy MEPs who accused him of dodging questions and criticised a format that … Continue reading Facebook CEO tenders unreserved apologies to European Lawmakers

WhatsApp co-founder Jan Koum explains why he left Facebook

WhatsApp co-founder Jan Koum fell out with Facebook (the parent company) over efforts aimed at weakening WhatsApp’s encryption in order to use its data in monetizing over 1.5bn users. Image: Jan Koum Jan Koum, the co-founder of WhatsApp sold his firm to Facebook in 2014 for $19bn and has now found cogent reasons to quit … Continue reading WhatsApp co-founder Jan Koum explains why he left Facebook

All Facebook users to benefit from EU’s new privacy regulations

New privacy rules coming into effect in the EU next month are "very positive", said Facebook CEO Mark Zuckerberg on Wednesday (4 April) – announcing that they will have an effect beyond Europe. He spoke to reporters via a conference call to discuss the various issues that have put the social networking giant in a … Continue reading All Facebook users to benefit from EU’s new privacy regulations