The UK’s data protection watchdog is looking into the claims by a Facebook whistleblower to find out whether the social networking giant breached UK law. Information Commissioner Elizabeth Denham said on Thursday that her office is studying the publicly available testimony by former Facebook employee Frances Haugen, and that she had also written to Haugen, requesting to see…
US Senator Asks Facebook CEO to Retain Documents Linked to Testimony
October 14, 2021
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WASHINGTON—Senate Commerce Committee Chair Maria Cantwell on Tuesday called on Facebook Chief Executive Mark Zuckerberg to preserve all documents related to a testimony last week from company whistleblower Frances Haugen. “The testimony … raises significant concerns about whether Facebook has misled the public, federal regulators, and this committee,” said Cantwell, a Democrat. “This committee will…
2 Founders and One Top Investor of Moderna Make It to Forbes Wealthiest List
October 7, 2021
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AMERICAbiotechnologyBusiness & EconomyCCP VirusCompaniesCOVID vaccinesJeff BezosMark ZuckerbergModernaUSUS News
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Two founders of Moderna and one of the top investors in the pharmaceutical and biotechnology company have made it to Forbes’s list of the wealthiest people in the United States after developing COVID-19 vaccines that have been used throughout the globe. While the rest of the world struggled with a crumbling economy, job losses, and financial hardship, the 400 wealthiest…
2 Founders and 1 Top Investor of Moderna Make It to Forbes Wealthiest List
October 7, 2021
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AMERICAbiotechnologyBusiness & EconomyCCP VirusCompaniesCOVID vaccinesJeff BezosMark ZuckerbergModernaUSUS News
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Two founders of Moderna and one of the top investors in the pharmaceutical and biotechnology company have made it to Forbes’s list of the wealthiest people in the United States after developing COVID-19 vaccines that have been used throughout the globe. While the rest of the world struggled with a crumbling economy, job losses, and financial hardship, the 400 wealthiest…
Zuckerberg Responds to Facebook Whistleblower’s Testimony, Says Claims ‘Don’t Make Sense’
October 6, 2021
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Facebook CEO Mark Zuckerberg has responded to claims made by former employee and whistleblower Frances Haugen in testimony before Congress on Oct. 5. Hague, who used to work as a lead product manager for Facebook’s civic misinformation team, spoke before the Senate Subcommittee on Consumer Protection, Product Safety, and Data Security where she discussed the company’s internal practices, particularly regarding how they disproportionately…
Facebook CEO Mark Zuckerberg’s Net Worth Dropped by $7 Billion in One Day
By Entrepreneur Staff Between whistleblower revelations and the widespread outages of Facebook, Instagram, and WhatsApp, Mark Zuckerberg had a very bad Monday. According to reporting by Bloomberg’s Scott Carpenter, Zuckerberg’s net worth took a massive $7 billion hit due to a stock selloff. He’s down 5 percent to $120.9 billion, so maybe don’t shed too many tears. Zuckerberg’s net worth…
Facebook Investor: Company Paid $5 Billion to FTC as ‘Quid Pro Quo’ to Shield Zuckerberg
A recently filed lawsuit against Facebook reveals new details about the Cambridge Analytica scandal, claiming among other allegations that company executives massively overpaid the Federal Trade Commission to shield CEO Mark Zuckerberg from personal liability. The lawsuit was filed in a Delaware state court by the Employees’ Retirement System of Rhode Island (ERSRI), following a…
Facebook Faces Senate Probe After Report Reveals Instagram’s Harmful Effects on Teenage Girls
Lawmakers are taking action on Facebook after a recent report revealed that the social media company is aware that its Instagram platform can be harmful to young girls’ mental health. In a joint statement released Tuesday, Sens. Richard Blumenthal (D-Conn.) and Marsha Blackburn (R-Tenn.) said they are launching a bipartisan investigation into Facebook’s knowledge of…
The Era of ‘Zuckbucks’ in Florida Election Administration Ends
The last of three Florida counties that took grant monies from a left-wing activist group funded by Facebook founder Mark Zuckerberg to help administer the 2020 elections has returned the remaining funds to the group after a new state law banned such grants, according to the Public Interest Legal Foundation. Zuckerberg and his wife, Priscilla…
Mark Zuckerberg, China, and Facebook’s Brave New World
August 4, 2021
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Commentary Back in 2014, as tech journalist Cate Cadell noted at the time, a 30-year-old Mark Zuckerberg “sent the internet into a frenzy” after agreeing to do a Q&A in Chinese at an event hosted by Tsinghua University. The performance, added Cadell, “drew mixed reviews.” Some were quick to praise Zuckerberg’s “persistence.” Others, meanwhile, were determined to pick apart…
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