Thursday, December 19

Tag: mark zuckerberg

Mark Zuckerberg’s Philanthropy Venture Invested $24 million in Andela
FUNDING

Mark Zuckerberg’s Philanthropy Venture Invested $24 million in Andela

Facebook Inc founder Mark Zuckerberg's philanthropy venture has made its first major investment, leading a funding round in a startup that trains and recruits software developers in Africa. The Chan Zuckerberg Initiative LLC, created by Zuckerberg and his wife Priscilla Chan, led a $24 million Series B funding in Andela, the startup said on Thursday. Alphabet Inc's GV, previously known as Google Ventures, was also part of the funding round. Andela selects the top 1 percent of tech talent from Africa, trains them and places them in engineering organizations. The startup, which has nearly 200 engineers currently employed by its Nigeria and Kenya offices, will use the funds to expand to a third African country by the end of 2016. "We live in a world where talent is evenly distr...
Mark Zuckerberg Social Media Accounts Hacked and Hacker Claims The Password was “dadada”
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Mark Zuckerberg Social Media Accounts Hacked and Hacker Claims The Password was “dadada”

A hacking group OurMine Team has claimed responsibility for Hacking social media accounts belonging to Facebook founder Mark Zuckerberg. Mark Zuckerberg’s Twitter and Pinterest accounts were hijacked by the hacker group on Sunday. “Hey @finkd, you were in Linkedin Database with the password ‘dadada’ !,” the team wrote from Zuckerberg’s Twitter page. On his Pinterest, the new title was “Hacked by OurMine Team.” Ouch. Mark Zuckerberg's social media accounts have been hacked pic.twitter.com/KvVmXOIg5s— Ben Hall (@Ben_Hall) June 5, 2016 Later the tweet was deleted from the account and the account has been seized. Zuckerberg did not tweet on his rival social network since January 2012. Hackers claimed the “dadada” password leaked through a massive data breach on Linke...
Facebook Board Proposed Removing Mark Zuckerberg’s Majority Voting Control in Facebook
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Facebook Board Proposed Removing Mark Zuckerberg’s Majority Voting Control in Facebook

Facebook Inc's board has proposed removing Mark Zuckerberg's majority voting control in the event of the social media giant's chief executive and founder deciding to exit management at some point in future. In a proxy filing with the U.S. Securities and Exchange Commission, Facebook's board said it would ask shareholders to vote on a proposal that would convert Zuckerberg's Class B shares into Class A shares if he is no longer in a leadership position. The move was first proposed in late April in a regulatory filing. As of June 2, Zuckerberg beneficially owned about 4 million Class A shares and about 419 million Class B shares, collectively representing about 53.8 percent of total outstanding voting power and 14.8 percent of total outstanding economic interests. The proposed move,...
Facebook Report or Agenda? $1 trillion Extra GDP By 2020 if All Indians Get Online
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Facebook Report or Agenda? $1 trillion Extra GDP By 2020 if All Indians Get Online

IANS- Four of five Indians could afford the internet if data costs fell by 66 percent, according to a Facebook-commissioned report on Internet access. But Indian telecom operators already run data services at a 11 percent loss, making cost-cutting difficult. The statistics mean that a data plan currently priced at Rs.100 should not cost more than Rs.34 if India has to make the internet affordable for 80 percent of its population. But the adverse economics imply this cannot happen without intervention from the government - whose Rs.20,000 crore ($2.9 billion) plan to connect each of India's 250,000 panchayats with broadband by 2018 is three years behind schedule. The internet reached 29 per cent of Indians - 354 million users - in September 2015, IndiaSpend reported. It could rise ...
Zuckerberg to Use Facebook Live to Chat With ISS Astronauts
News

Zuckerberg to Use Facebook Live to Chat With ISS Astronauts

Facebook founder Mark Zuckerberg will chat live with three astronauts currently living on the International Space Station and ask them questions posted by viewers on NASAs facebook page. In a 20-minute Facebook Live video call with two NASA astronauts - Tim Kopra and Jeff Williams - and a European Space Agency astronaut Tim Peake, Zuckerberg will ask questions and use the service to enable viewers to livestream themselves. Zuckerberg will speak with astronauts living and working aboard the International Space Station (ISS) at 12:55 PM (local time) on Wednesday, June 1, NASA said in a statement. The interesting questions from the facebook viewers include - What is the outcome of Newtons bucket experiment on ISS?, Who provides the food eaten on the space station? The ISS serv...
Decoding: Facebook’s Trending Topic Controversy
ANALYSIS

Decoding: Facebook’s Trending Topic Controversy

What's behind the accusations that Facebook is manipulating its "trending topics" feature to promote or suppress certain political perspectives? According to the technology blog Gizmodo, a former Facebook contractor with self-described conservative leanings said Facebook downplayed news that conservatives are interested in and artificially promoted liberal issues such as the "BlackLivesMatter" hashtag. Gizmodo did not name this person. Facebook denied the claims, but the GOP-led US Senate Commerce Committee has sent a letter to Facebook and CEO Mark Zuckerberg requesting answers about the matter.   What are 'trending topics'? Facebook shows some of the most popular topics being discussed at any given moment. On browsers, the topics appear on the top right corner, separate f...
Facebook Reports Surge in Revenue From Ads
News

Facebook Reports Surge in Revenue From Ads

Social networking giant Facebook has announced an increase of 15 per cent in active users and as a result surge in advertising revenues as well by 57 per cent. "We had a great start to the year. We are focused on our 10-year roadmap to give everyone in the world the power to share anything they want with anyone," said founder and CEO Mark Zuckerberg. Last month, the site announced that it would be letting people order things within its chat services. People can head to the Messenger app and chat to their favourite flower or pizza company, the independent reports. Headquartered in Menlo Park, California, Facebook, Inc. held its initial public offering in February 2012 and began selling stock to the public three months later, reaching an original peak market capitalization of USD 10...
Net Neutrality: Facebook Shuts Free Basics Programme in India
News

Net Neutrality: Facebook Shuts Free Basics Programme in India

New Delhi: In a boost to net neutrality, Facebook has decided to shut down its controversial 'Free Basics' programme in India, following telecom regulator Trai's move to bar operators from charging different rates for Internet access based on content. Facebook had met with severe criticism for its programme, which aimed at providing basic Internet access to people in partnership with telecom operators. Critics saw this as violation of the principle of net neutrality that states that entire Internet should be available to everyone on equal terms as Free Basics allowed access to selected websites. "Free Basics is no longer available to people in India," a Facebook spokesperson said in an emailed response. The service was available in India with Reliance Communications. In Decembe...
Facebook director Andreessen sorry for India Internet remarks
News

Facebook director Andreessen sorry for India Internet remarks

Marc Andreessen, a prominent venture capitalist and Facebook Inc board director, apologised on Wednesday for tweets that condemned the Indian government for banning the social media company's free Internet service. India introduced rules on Monday preventing Internet service providers from having different pricing policies for accessing different parts of the Web, effectively dismantling Facebook's Free Basics programme, which offers a pared-back version of Internet service. Andreessen, who often takes to Twitter to offer his opinions, said the new rules denied India's poor access to the Internet. Only 252 million out of India's 1.3 billion people have Internet access. "Denying world's poorest free partial Internet connectivity when today they have none, for ideological reasons, s...
Happy 12th Birthday Facebook
News

Happy 12th Birthday Facebook

Today, February 4, marks Facebook’s 12th birthday. Each year Facebook recognize this day as Friends Day and invite the world to celebrate and reflect on the importance of connecting. When people connect, powerful things happen and lives are changed. We see this on Facebook every day, whether it’s an exchange with an old friend that brings a smile to your face or a new connection that changes your life path, or even the world. - said facebook in a press release. To celebrate, Facebook released an updated degrees of separation statistic, highlighting inspiring stories about the power of friendship, and launching new products to further encourage our community to rally around their friends today.   Facebook Community Continues to Grow Closer Facebook said people are more connecte...
Zuckerberg makes renewed pitch for Free Basics service
News

Zuckerberg makes renewed pitch for Free Basics service

Facebook founder Mark Zuckerberg on Monday made renewed pitch for its controversial Free Basics Internet service in yet another marketing blitz saying it protects net neutrality. Facebook's proposed Free Basics plan allows customers to avail of services like education, health care and employment listings through apps specially designed for this platform on their phones without a data plan but does not allow access to many services such as YouTube, Gmail, Google or Twitter. Zuckerberg appeared on a video to personally promote Free Basics and also wrote a personal appeal in one of the leading newspapers. While Free Basics allows users to access a small number of Web services without charge, it has been criticised by some for alleged violation of the principle of net neutrality, a co...
News

How Mark Zuckerberg made meetings better at Facebook

Whether you work at a startup or startup-turned-massive-corporation like Facebook, poorly run meetings can crush productivity and yield little to no results. In a recent Quora post, Facebook COO Sheryl Sandberg says that CEO Mark Zuckerberg "has done a really good job improving the efficiency of meetings at Facebook this year" with two simple but transformative changes: 1. Send relevant materials in advance to those who will be attending. If team managers want to discuss data that doesn't need to be confined to a conference room, then it's in their favor to not dedicate a portion of the meeting for employees to catch up at their own pace. 2. Set a goal at the start of the meeting. Meetings that stretch on for too long typically lack a purpose or agenda. Zuckerberg got managers to an...