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Facebook CEO Mark Zuckerberg will defend his company’s ownership of Instagram and WhatsApp to congressional lawmakers Wednesday amid calls to break up the powerful platforms. In prepared testimony to the House Judiciary Committee’s antitrust panel, Zuckerberg says Facebook has used its infrastructure to improve Instagram and WhatsApp in ways that benefitted users. “These benefits came …
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Facebook chief executive officer Mark Zuckerberg plans to defend the company in a hearing before the House antitrust subcommittee by arguing that hampering American technological innovation only aids China, a new report says. Congressional investigators have reviewed thousands of internal Facebook documents to piece together the company’s motivation for acquiring Instagram and WhatsApp and to …
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Google will keep its employees working from home for at least another full year. Staff at the search giant — who were first sent home in March due to the coronavirus pandemic — are not expected to return in a large capacity until at least July 2021, according to the Wall Street Journal. The decision …
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That’s some pay raise. Tesla CEO Elon Musk added a whopping $5 billion to his net worth on Monday thanks to Tesla’s never-ending stock rally, allowing him to finish the day as the fifth-richest person in the world with a net worth of $74.2 billion. Musk, who as recently as a few weeks ago was …
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The Zuck’s been zinc-ed. Facebook boss Mark Zuckerberg was spotted zipping around Hawaii’s blue waters on a $12,000 eFoil remote-controlled surfboard Sunday wearing a thick face mask of white sunscreen. The billionaire donned a blue hoodie to ride the waves with surfing pro Kai Lenny and a cadre of security guards in tow. The Facebook …
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What a Joker. New photos show Facebook honcho Mark Zuckerberg zipping around on an electric surfboard in Hawaii — while wearing enough white sunscreen on his face to make the Batman super villain blush. The 36-year-old billionaire — who was recently accused of colonizing the island of Kauai — was caught in the geeky moment …
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The president and CEO of the NAACP is ready for a long-haul battle with Facebook. In an interview with The Post, Derrick Johnson said he and other civil rights organizers will keep up the heat on the social network until it makes concrete changes to help curb misinformation and hate speech on its platform. Johnson, …
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The boss of Ben & Jerry’s says the ice cream slinger is considering joining a growing Facebook ads boycott, but thinks it doesn’t go far enough. Facebook’s failure to police hate speech and misinformation “is not fully right with our values, period,” Chief Executive Matthew McCarthy said, adding that the revenue generated by the social …
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Outdoor apparel brand Patagonia will pause its ads on Facebook and Facebook’s photo-sharing app, Instagram, making it the latest company to join a boycott campaign organized by US civil rights groups. “We will pull all ads on Facebook and Instagram, effective immediately, through at least the end of July, pending meaningful action from the social …
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Athletic clothing brand North Face on Friday became the first high-profile advertiser to announce a boycott of Facebook’s ad platform. Retweeting a post from the NAACP which said that Facebook “no longer simply negligent, but in fact, complacent in the spread of misinformation, despite the irreversible damage to our democracy,” North Face said it was …
Facebook CEO Mark Zuckerberg will defend his company’s ownership of Instagram and WhatsApp to congressional lawmakers Wednesday amid calls to break up the powerful platforms. In prepared testimony to the House Judiciary Committee’s antitrust panel, Zuckerberg says Facebook has used its infrastructure to improve Instagram and WhatsApp in ways that benefitted users. “These benefits came …
