A consortium of Facebook investors led by Trillium Asset Management and controlling $3B in shares has put a proposal before the shareholders to fire Mark Zuckerberg for his mishandling of a string of ghastly scandals; they will lose, however, because Facebook's share structure gives Zuckerberg's personal shares more votes than other shareholders, ensuring that the company can run as a cult of personality beholden to his whims, rather than one disciplined by shareholder choices (this corporate structure is also in place at News Corp, Google, and other companies whose founders are able to raise funds in the capital markets without having to be beholden to their shareholders). Another shareholder proposal would put Zuckerberg's shares on even footing with other shares -- currently, each of Zuck's shares have ten times more votes than ordinary shares -- and this proposal will also fail. (via /.)
“To the world leaders and those in power, I would like to say that you have not seen anything yet. You have not seen the last of us, we can assure you that. And that is the message that we will bring to the World Economic Forum in Davos next week.” In the Swiss city […]
Former Vice President and current 2020 Democratic presidential hopeful Joe Biden says U.S. Section 230 should be immediately revoked for Facebook and other social media platforms, and that Mark Zuckerberg should be submitted to civil liability.
Ukraine is asking United States FBI to help it investigate a suspected state-sponsored hack by the Russian military on Burisma, the Ukrainian energy company at the center of the impeachment of U.S. President Donald Trump.
If one of your New Year’s resolutions is to travel more, you owe it to yourself to learn the language of the place you’re visiting. If you’re not sure where to start, give these resources a look. From mobile apps to online courses, these products can get you conversant in a new language before you […]
Anyone who loves biking, skiing, or snowboarding in the great outdoors knows just how difficult it can be to safely transport your gear—especially during extended trips. These three accessories make it easier than ever to securely attach your gear to your car. So if you’re planning to embark on a outdoor adventure soon, you’d be […]
It seems like AI is everywhere these days, from the voice recognition software in our personal assistants to the ads that pop up seemingly at just the right time. But believe it or not, the field is still in its infancy. That means there’s no better time to get in on the ground floor. The […]