Monday, 26 October 2020

Tag Archives: Mark Zuckerberg

Libra key to America’s financial leadership: Mark Zuckerberg

WASHINGTON: Facebook’s proposed digital coin Libra would “extend America’s financial leadership” in the world, chief executive Mark Zuckerberg said in remarks for delivery to lawmakers released. In the testimony released a day ahead of Zuckerberg’s appearance before a House of Representatives committee, the head of the world’s biggest social network ...

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Not Selling WhatsApp or Instagram at Any Cost: Mark Zuckerberg

WASHINGTON: Facebook CEO Mark Zuckerberg has rejected a US lawmaker’s call to break his company, saying he’s not going to sell WhatsApp or Instagram at any cost. Senator Josh Hawley (Missouri Republican) tweeted that he met Zuckerberg during his visit to Washington, DC, and asked him to sell Instagram and ...

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Breakup isn’t the answer, Zuckerberg says

SAN FRANCISCO: Facebook chief Mark Zuckerberg rejected the idea of breaking up the social media giant as off-target, saying it could hamper the fight against deceit and harmful online content. The Facebook co-founder’s defense of the leading social network came as it reported it recently disabled billions of bogus accounts ...

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Kylie Jenner replaced Zuckerberg as the youngest self-made billionaire

NEW JERSEY: According to Forbes billionaire list, Kylie Jenner becomes the world’s youngest billionaire at age of 21. The previous record of youngest self-made billionaire was held by Facebook co-founder Mark Zuckerberg aged 23. According to Forbes Kylie Jenner owns Kylie cosmetics, which she founded three years ago. Last year ...

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Facebook CEO plans 2019 forums on tech’s role in society

NEW YORK: Facebook Chief Executive Mark Zuckerberg unveiled his personal goal for 2019: convening a series of public forums on how technology can better serve society. “My challenge for 2019 is to host a series of public discussions about the future of technology in society – the opportunities, the challenges, ...

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UK, Canadian parliaments team up against Mark Zuckerberg

LONDON: Facebook founder Mark Zuckerberg has been summoned to appear before MPs from the UK and Canadian parliaments as the fallout from Facebook’s data scandals continue. He has been repeatedly asked to appear in front of the Digital, Culture, Media and Sport Committee, and has repeatedly refused. Last time he sent ...

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French luxury giants dive into Silicon Valley

LONDON: Steve Jobs may have been a tech genius, but he clearly didn’t care much for fashion. Facebook boss Mark Zuckerberg has followed in his footsteps, sporting a plain grey T-shirt every day for years only to swap it for a simple black suit to testify before Congress and the ...

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Facebook just lost $120b in a 1-day

NEW YORK: Facebook has just lost billions of dollars in value, making it one of the biggest one-day corporate losses in US stock market history. The company dropped $120 billion (£91 billion) in shareholder value yesterday (July 26) after it disclosed that its quarterly revenue did not live up to ...

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UK lawmakers slam FB’s evasive answers

LONDON: The head of the UK Parliament’s media committee slammed Facebook on Friday for what it described as evasive behavior in answering questions on fake news. Committee chair Damian Collins said that Facebook’s claims that it was unable to distinguish between political and non-political advertising is “difficult to believe.” He ...

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Zuckerberg to face European Parliament

BRUSSELS: Facebook CEO Mark Zuckerberg is expected to speak with leaders of the European parliament next week about the data protection scandal that has engulfed his company – but might avoid a public testimony like the one he endured in the United States. The EU and British parliaments have been ...

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