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Tag "Mark Zuckerberg"
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Facebook would be paying a record-breaking $5 billion to the Federal Trade Commission (FTC) under a 20-year settlement fine over privacy violations.FTC is an independent agency of the US government established to promote consumer protection, eliminate anti-competitive business practices, and enforce additional regulatory laws under delegation.According to the agency, Facebook "used deceptive disclosures and settings" that eroded user privacy, violated [...]
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Mark Zuckerberg, Facebook chief executive, has told US lawmakers that he was among the 87 million users of the platform whose data was improperly shared with Cambridge Analytica, a consultancy firm.Appearing before the lawmakers on Wednesday, Zuckerberg denied the allegation that users do not have enough control of their data on Facebook.The 33-year-old told the house committee on energy and [...]
Facebook co-founder, Mark Zuckerberg, says the social media platform has 1.3 billion daily active users as at the first quarter of 2017.Zuckerberg said that users increased by 18 per cent on a year-over-year basis.He said that the monthly active users (MAUs) was 1.94 billion as at March 31, 2017, indicating an increase of 17 per cent year-over-year."We just announced our [...]
Chris Cox, chief product officer of Facebook, says the social networking company is now accepting payment for advertisement in naira.According to NAN, Cox disclosed this at an interactive session with journalists in Lagos, on Monday.He said the decision was one of the requests made of Mark Zuckerberg, Facebook’s founder, when he visited Nigeria in 2016."In response, Facebook has started accepting [...]
Mark Zuckerberg, Facebook co-founder, has written to US President Donald Trump, expressing "concern" over the executive order which temporarily suspended intake of refugees.Trump's order had also stopped the issuing of visas to citizens of some Muslim nations.Zuckerberg, in a Facebook post, shed light on how personally affected he was by the decision of Trump.He reminded Trump that America had a longstanding [...]
A report by Oxfam, an anti-poverty organisation, has revealed that eight men own the same wealth as the 3.6 billion people who make up the poorest half of the world's population.The report, titled 'An economy for the 99 percent', was released on Monday ahead of the World Economic Forum meeting opening in the Swiss ski resort of Davos.Oxfam used the [...]
Hi atheists, Mark Zuckerberg, co-founder of Facebook, is no longer with you. The multi-billionaire, who was raised in a Jewish family, says he is returning to the faith.In a Facebook message on December 25, 2016, Zuckerberg brought Christmas greetings from his family."Merry Christmas and Happy Hanukkah from Priscilla, Max, Beast and me! Seeing the moments of joy and family shared on [...]
The victory of President-elect Donald Trump, has pushed one of his fiercest critics, Warren Buffett, to the second spot on the world's rich list.According to Bloomberg, Buffett added $5.8 billion to his fortune this week, leading gains for the world’s wealthiest as he leapt over Spain’s Amancio Ortega and Amazon.com Inc. founder, Jeff Bezos, to reclaim the number two spot.In campaigning [...]
Peter Obi, the immediate past governor of Anambra state, says Nigeria has brilliant people, but the terrain is making it difficult for them to thrive.Obi, who was one of the guests at The Platform, an annual Independence Day programme organised by Covenant Christian Center, Lagos, said were they in Nigeria, Mark Zuckerberg, co-founder of Facebook, and Bill Gates, CEO of [...]
Mark Zuckerberg, CEO of Facebook, has promised to fix the problem of cloning of identities on the social media platform, according to Abike Dabiri, senior special assistant to the president on foreign relations and diaspora.She said the tech guru made the promise in Abuja on Friday.Zuckerberg was in Abuja to meet President Muhammadu Buhari, and to also attend the grand finale [...]
Mark Zuckerberg, co-founder and CEO of Facebook, is no doubt one of the greatest human beings that have walked the surface of the earth.Through his popular social media platform, this tech guru has given value to the popular saying: “The world is a small village”.In his first visit to Sub-Saharan Africa, the 7th richest man in the world spent two [...]
Mark Zuckerberg’s two-day visit to Nigeria has done a lot for the country; it is a pity no government official or agency has tried to tap into the gains of that visit. He arrived at a time there was much talk about economic recession, concerns about companies folding up or retrenching staff, or international investors leaving the country in droves, [...]
President Muhammadu Buhari on Thursday commended Mark Zuckerberg, chief executive of Facebook, for his simplicity, but he said successful people in Nigeria do not jog and sweat on the streets like the entrepreneur did in Lagos.The president also commended Zuckerberg for sharing his wealth of knowledge with Nigerian youths, and inspiring a new generation of entrepreneurs.Buhari said this while receiving [...]
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