Items tagged with Mark Zuckerberg

The law of gravity (or slightly more accurate, Newton's third law of motion) suggests that what goes up must come down. This was never meant to describe the stock market, but it often applies, and sometimes to a larger degree than investors would like. Case in point, Facebook's stock recently experienced the biggest single day plunge in its stock market history, and now the social network is facing a lawsuit over what caused this massive dip. That single day slide equated to a gut wrenching $120 billion loss in Facebook's market capitalization. On Wednesday, shares of Facebook were trading at $217.50,... Read more...
When testifying before Congress, Facebook co-founder and CEO Mark Zuckerberg was upfront about the fact that Cambridge Analytica was probably not the only company to abuse the social network's policies and improperly obtain data about its users. An investigation would likely yield more incidents, and that's what we are seeing now. Following the Cambridge Analytica scandal, Facebook has suspended in the neighborhood of 200 apps that had access to a large amount of user data. That's not likely the final number, either. Those 200 app suspensions are the result of just the first stage of Facebook's... Read more...
Most people understand that when sending a text message, through Messenger or pretty much any other messaging service, it stays out there until when and if the recipient decides to delete it. Apparently that is not the case for Mark Zuckerberg, however, who was able to delete some of his outbound communications in Messenger on the recipients' side of things, according to three sources that spoke with TechCrunch. The sources claim that certain messages received from Zuckerberg and other Facebook executives were erased from their Messenger thread, while their own replies remained. TechCrunch says... Read more...
Facebook co-founder and CEO Mark Zuckerberg has offered up some choice words of his own after Apple boss Tim Cook sharply criticized the social networking site over its recent privacy flub involving Cambridge Analytica, a political data firm that is reported to have shared information about more than 50 million Facebook users with Donald Trump's presidential campaign in 2016. Cook last week said Apple considers privacy "a human right, a civil liberty," and suggested that Facebook's fumbling of so much user data constitutes a need to issue some "well-crafted regulation." His comments added to a... Read more...
Facebook co-founder and CEO Mark Zuckerberg is reportedly planning to testify before Congress in the coming weeks on how it came to be that Cambridge Analytica, a political data firm and consultation agency, could obtain information about tens of millions of Facebook users. It is the latest development in the ongoing saga surrounding the Cambridge Analytica situation, with Zuckerberg having previously apologized for not doing a better job of securing people's data. "We have a responsibility to protect your data, and if we can't then we don't deserve to serve you," wrote Zuckerberg. "I've been working... Read more...
There is a campaign on Twitter to #DeleteFacebook. Even Brian Acton, the WhatsApp co-founder who became a billionaire when Facebook acquired his cross-platform mobile messaging service, is supporting the movement. Facebook is likely to survive the recent turmoil stemming from a scandal involving Cambridge Analytica and the mishandling of private data of millions of Facebook users, but the importance of the moment is not lost on Mark Zuckerberg, who issued an apology for what went down. "I'm really sorry this happened," the Facebook co-founder and CEO told CNN's Larie Segall during a television... Read more...
We've heard from a number of different parties involved in the Cambridge Analytica-Facebook scandal that erupted over the past week. However, one key person at the center of it all had yet to publicly comment at length: Facebook CEO Mark Zuckerberg. Zuckerberg finally broke his silence this afternoon with a lengthy post on his social media platform of choice. "We have a responsibility to protect your data, and if we can't then we don't deserve to serve you," wrote Zuckerberg. "I've been working to understand exactly what happened and how to make sure this doesn't happen again." Zuckerberg went... Read more...
A former Facebook executive sparked a firestorm yesterday (and prodded some nods of approval) when he decried that he has “tremendous guilt” for being a part of a social media platform that is “ripping society apart” at the seams. The exec, Chamath Palihapitiya, was at Facebook from 2007 to 2011 and said the company manipulates its users and that he won’t even let his own kids use the platform (We guess that means no Messenger Kids in the Palihapitiya household). Well, it stands to reason that Facebook wasn’t going to allow such comments to spread into the blogosphere... Read more...
(function(d, s, id) { var js, fjs = d.getElementsByTagName(s)[0]; if (d.getElementById(id)) return; js = d.createElement(s); js.id = id; js.src = "//connect.facebook.net/en_US/sdk.js#xfbml=1&version=v2.10"; fjs.parentNode.insertBefore(js, fjs); }(document, 'script', 'facebook-jssdk')); Facebook co-founder Mark Zuckerberg is catching heat on social media for what some have called a "disgusting" exploitation of the disaster in Puerto Rico to promote his company's virtual reality efforts. The "corporate stunt," as one Twitter user put it, was a demonstration of Facebook Spaces, a service that allows... Read more...
  This is why we can’t have nice things. Did you ever have the feeling that people are talking behind your back, but you can’t quite make out what they’re saying? Imagine for a minute if instead of people, there were artificial intelligence (AI) bots plotting and scheming in the background — and to make matters worse, they’ve been communicating in their own language. That’s exactly the dilemma that Facebook ran into when it found that its AI bots were communicating in a shorthand mutation of English. For example, Facebook provided the passage from two of its bots — Bob and Alice — while communicating... Read more...
Two of the most influential people in technology are Mark Zuckerberg and Elon Musk One created the world's largest social networking site and the other is spearheading the movement into autonomous vehicles. Where these two diverge is when it comes to artificial intelligence, a part of technology that is crucial to both of their respective interests. However, AI is also turning into a point of contention between Musk and Zuckerberg, and that contention has now spilled over into Twitter. Let's back up a moment. Just a few short years ago, Musk equated AI to some dark hellish ritual in which there... Read more...
(function(d, s, id) { var js, fjs = d.getElementsByTagName(s)[0]; if (d.getElementById(id)) return; js = d.createElement(s); js.id = id; js.src = "//connect.facebook.net/en_US/sdk.js#xfbml=1&version=v2.8"; fjs.parentNode.insertBefore(js, fjs); }(document, 'script', 'facebook-jssdk')); Waving around motion controllers is cool and all, but for virtual reality to offer an deeper level of immersion, recognizing hand and finger movements would go a long way. That seems to the be the direction Oculus is headed. Facebook CEO Mark Zuckerberg posted a handful of pictures taken from the Oculus Research lab... Read more...
Grumpy old men are not the only ones yelling at others to stay off their lawns, so is Mark Zuckerberg, the billionaire co-founder of Facebook. You see, when you're saddled with extreme wealth and fame, sometimes you just want to get away (hashtag-OnePercenterProbs). In Zuckerberg's case, he purchased a 700-acre property in Hawaii, but those dang neighbors own plots that are only accessible by stepping foot on his soil. What's a billionaire to do? Sue the neighbors to force them to sell their properties. That is a bit of an oversimplification and it makes Zuckerberg sound super evil. Maybe that... Read more...
One of the perks of being the billionaire co-founder of Facebook is being able to show up at work in t-shirt. Of course, there are times when Mark Zuckerberg chooses to dress up. Such was the case when he took the stand in a federal courtroom earlier this week to defend against allegations that Oculus stole technical information that went into the creation of the Rift headset. "We are highly confident that Oculus products are built on Oculus technology. The idea that Oculus products are based on someone else’s technology is just wrong," Zuckerberg said according to The New York Times, which noted... Read more...
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