Zuckerberg loses $4 billion as Facebook shares tumble amid Trump-ban fallout

U.S. 01/12/21, 06:22

Mark Zuckerberg lost $3.95 billion in a single day on Monday, Jan. 11, as investors continued to flee from Facebook Inc. after it suspended President Donald Trump from its social network. Facebook shares ended Monday down 4 percent at $256.84, eliminating $31 billion from the social media company’s market value. The selloff ...

Pro ‘anarchist’ Facebook pulls Trump 2020 election ads for promoting ‘hate group’s symbol’

2020 Campaign 06/19/20, 04:57

One of the world’s largest internet companies sided with anti-government protesters and removed election advertising because it allegedly encouraged violence against people belonging to another race. Facebook Inc. has publicly expressed solidarity with extreme "anarchist" civil unrest that swept across the nation since Minnesotan George Floyd died in police custody. Local ...

Lockdown protesters will be censored for spreading ‘harmful misinformation’ says Facebook CEO Mark Zuckerberg

U.S. 04/21/20, 04:17

Conservative movements to reopen business will face greater censorship after one of the world's largest internet companies announced a crackdown against supportive messages shared on its online platform. Facebook has confirmed it will judge the credibility of, and take action against, users who post information that appears to support protests against extreme ...

Facebook’s Zuckerberg is the focus of latest doctored video

Tech 06/12/19, 20:30

Three weeks after Facebook refused to remove a doctored video of House Speaker Nancy Pelosi slurring her words, Mark Zuckerberg is getting a taste of his own medicine: fake footage showing him gloating over his one-man domination of the world. It's the latest flap over deviously altered "deepfake" videos as Facebook ...

Canadian lawmakers blast Facebook’s execs for snub

Business 05/28/19, 15:14

Canadian lawmakers voted Tuesday to serve a summons on Facebook executives Mark Zuckerberg and Sheryl Sandberg that would compel them to appear before them the next time either visits Canada.The decision comes after Zuckerberg and Sandberg failed to appear before the international grand committee on big data, privacy and democracy, ...

Ex-Facebook exec recommends Zuckerberg step down as CEO

Tech 05/24/19, 13:57

Facebook's former security chief is disagreeing with calls to break up the social network.Instead, Alex Stamos believes the way to fix problems is for Mark Zuckerberg to step aside as CEO. Facebook co-founder Chris Hughes and other critics contend that government regulators should require Facebook to spin off popular services such ...

Facebook and France haggle over regulating online hate

Europe 05/10/19, 04:28

Facebook CEO Mark Zuckerberg is meeting French President Emmanuel Macron as the tech giant and France try to pioneer ways of fighting hate speech and violent extremism online.Macron's office is releasing a progress report Friday on a pilot project that allows French regulators to embed within Facebook's facilities to observe ...

Co-Founder Chris Hughes: Time to break up Facebook

Business 05/09/19, 10:57

Facebook co-founder Chris Hughes says it's time to break up the social media behemoth.He says in a New York Times opinion piece that CEO Mark Zuckerberg has allowed a relentless focus on growth to crush competitors and "sacrifice security and civility for clicks."Hughes says Facebook is a monopoly and should ...

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