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Public fund investors want Mark Zuckerberg out as chairman
Major Facebook investors, including public pension funds and state officials, are pushing for Mark Zuckerberg's ouster as chairman of the company's board. The proposal is largely symbolic, since Zuckerberg holds absolute control of the board. But it comes at a difficult time for Facebook, as security breaches plague the company and spur questions around corporate oversight.
dd  Facebook 
4 hours ago by motiveunknown
Facebook hires Nick Clegg as head of global affairs
Facebook has hired Nick Clegg, the former UK deputy prime minister, as its head of global affairs and communications. Clegg, 51, has been hired as Facebook struggles to cope with mounting political pressure over issues including fake news, data protection and the threat of government regulation. The former head of the Liberal Democrats will move to Silicon Valley in January, the FT reported. He will succeed Elliot Schrage, who announced in June that he was leaving Facebook after a decade.
dd  Facebook 
4 hours ago by motiveunknown
Why the media are furious over Facebook’s bad video metrics
Now advertisers are suing over the company allegedly cooking the books and not disclosing this miscalculation. And media people are fuming about this development. Rightfully so: The media industry over the last two-plus years has been punctuated by an awful euphemism known as the “pivot to video.” With traditional digital advertising revenue flatlining, Facebook managed to convince online publishers that video would be the next media goldmine. The company jumped headfirst into the medium–changing its algorithm to favor moving images, while convincing both advertisers and publishers alike that a long-term, video-first strategy would be the answer to their revenue woes.
dd  Facebook 
4 hours ago by motiveunknown
Trump praises Montana congressman who assaulted reporter: 'He's my guy'
"to celebrate an attack on a journalist who was simply doing his job is an attack on the First Amendment by someone who has taken an oath to defend it"
ifttt  facebook 
6 hours ago by jikatu

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