Chris Hughes helped Mark Zuckerberg transform Facebook from a dorm-room project into a real business. Now, he's calling for the company to be broken up. In a lengthy opinion piece published Thursday by the New York Times, Hughes says that Zuckerberg has "unchecked power" and influence "far beyond that of anyone else in the private sector or in government." It's time, he writes, for regulators to break up Facebook (FB). "Mark is a good, kind person. But I'm angry that his focus on growth led him to sacrifice security and civility for clicks," writes Hughes. "I'm disappointed in myself and the early Facebook team for not thinking more about how the News Feed algorithm could change our culture, influence elections and empower nationalist leaders," he continues. "And I'm worrie...
In a change of plan, the public will now be able to livestream and watch Mark Zuckerberg's response to European Parliament leaders' privacy concerns. The body's president, Antonio Tajani, has tweeted that tomorrow's 75-minute meeting would be livestreamed. Earlier, news that the Facebook chief's meeting with the parliament's political group leaders would be in private, had been criticised. Facebook has repeatedly declined to allow British MPs to quiz Mr Zuckerberg about the Cambridge Analytica scandal, in which millions of users' personal data was shared with a political consultancy in breach of the social network's rules. "The data breach affected over one million UK Facebook users," tweeted Damian Collins - chairman of the Digital, Culture, Media and Sport Select Committee - over
You probably know Facebook Lite, which is a stripped version of the official Facebook app which is targeted for those individuals that need to have the core Facebook experience while using less data. Since Facebook Lite is a stripped version of the bloated Facebook app, there are features that you enjoy on the latter that you don’t get on the former and one of them was Reactions. Well, you can scrap that from the list of features that you don’t get on Facebook Lite as Facebook has updated it with Reactions. The social networking giant today introduced new features from the original Facebook app to Facebook Lite, according to Facebook founder Mark Zuckerberg. These include India-specific camera effects and the Reactions feature. The plans were originally announced at A Place to Connect, a
Facebook CEO Mark Zuckerberg is in Nigeria. News of his unannounced trip broke Tuesday with social media photos of him visiting the Co-Creation Hub (Cchub) innovation center in Lagos. Zuckerberg then visited Andela, a software developer accelerator, in which he and his wife’s foundation invested $24million earlier this year. It seems Zuckerberg travels a bit like the president, per CcHub CEO Bosun Tijani’s account. “Facebook told us a few weeks ago there would be a visit by the partnerships manager. Then they told us a few days ago it could be Mark, but it was all top secret until today,” he told TechCrunch. Zuckerberg met with coders in CcHub’s co-working space and then visited the incubation space, where he talked with reps from bookings startup Hotels.ng and LifeBank App, a digi
A year ago, Mark Zuckerberg had seen his wealth double in 12 months as Facebook recovered from its disappointing IPO in 2012. Now the CEO of the social networking giant is sitting even prettier. Reports Forbes On this year’s Forbes 400 list of richest Americans, Zuckerberg has a net worth of $34 billion, up $15 billion from 2013 — that makes him the biggest dollar gainer on the list. His net worth has more than tripled over the past two years, catapulting him up the rankings. He’s now the third richest American in the technology industry (last year he was sixth), and the 11th richest person in America. Zuckerberg was the biggest winner this year, but he wasn’t alone in rocketing up. The 10 richest people in tech on The Forbes 400 are collectively 23% wealthier than a year ago. The names o