Tue, Dec 05, 2023
Meta's CEO Mark Zuckerberg made his first share sale since November 2021, offloading 682,000 Meta shares worth nearly $185 million. This move comes amid Meta's impressive stock performance, surging 172% in 2022. Despite the sale, Zuckerberg retains about 13% of Meta, contributing to a substantial $117.7 billion of his fortune.
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Thu, Feb 20, 2020
Facebook told the court that it valued only $6.5 billion in 2010 but the IRS begged to differ, saying the social media giant "knowingly undervalued itself while selling off its intellectual property to a new company based in Ireland to avoid paying US corporation tax".
Thu, Jan 30, 2020
"On payments, we`re focused in different places with different products. For things like Instagram and even a lot of what we`re doing on Facebook, it`s a lot more developed countries. For WhatsApp, it`s the biggest countries on WhatsApp. So countries like India and Mexico and Brazil and Indonesia will make up a large part of the community on WhatsApp," he elaborated.
Fri, Jul 29, 2016
The fifth spot was taken by Facebook founder, Mark Zuckerberg, with the net worth of $54 billion (Rs 3.59 lakh crore).
Thu, Jul 28, 2016
Facebook's posted a strong 59% growth in total revenues at $6,426 million, while Twitter's quarterly revenue was up by only 20% year-over-year at $602 million.
Fri, Jun 10, 2016
It introduced a feature called a 360 Photos worldwide in which viewers can create 360-degree panoramic photos.
Thu, Jun 09, 2016
The hack on Twitter user accounts comes after a recent hack on Myspace which led to over 360 million accounts being leaked on the dark web.
Tue, Jun 07, 2016
Social media giant Facebook has partnered with Blizzard Entertainment, an American video game developer, to integrate login and Facebook Live video streaming into the Battle.net online game service and the Overwatch game.
Mark Zuckerberg, CEO of Facebook, in a bid to destroy Google Plus in 2011, had declared a 'lockdown'.
Mon, Jun 06, 2016
The group spoke about the alleged hack in a tweet and invited Zuckerberg to contact them.
Fri, Jun 03, 2016
Facebook's board said it will 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.
Mon, May 30, 2016
India's GDP could be increased by an extra $1 trillion by 2020, according to the Facebook-commissioned report, published this month if internet usage reaches 100%. To put this in perspective, India`s GDP crossed the $2 trillion mark for the first time in 2014, according to World Bank data.
Thu, May 26, 2016
Of the 50 cabinet ministers in the government, 47 have verified Facebook presence.
Tue, May 24, 2016
Facebook updated terminology in its guidelines to be clearer and gave reviewers refresher training that emphasised content decisions may not be based on politics or ideology.
Wed, May 11, 2016
The Senate asked Facebook Chairman and Chief Executive Mark Zuckerberg in a letter to answer questions about the company's news curation practices and its trending topics section.
Fri, May 06, 2016
A US judge has rejected a request by Facebook to toss out a civil suit accusing it of violating privacy with face-recognition software to help "tag" people in pictures.
Thu, Apr 28, 2016
"We are focused on our 10 year roadmap to give everyone in the world the power to share anything they want with anyone," he added.
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