Facebook Inc Chief Executive Mark Zuckerberg blasted the U.S. government’s electronic surveillance practices on Thursday, saying he’d personally called President Barack Obama to voice his displeasure. “When our engineers work tirelessly to improve security, we imagine we’re protecting you against criminals, not our own government,” Zuckerberg said in a post on his personal Facebook page….
A caricature of Facebook founder Mark Zuckerberg in a German newspaper has drawn charges of anti-Semitism against the artist and newspaper. As a comment on Facebook’s acquisition of WhatsApp, announced last week, artist Burkhard Mohr depicted the 29-year-old Jewish entrepreneur as an octopus reaching with its tentacles to control social media in the daily German…
Facebook Inc will buy fast-growing mobile-messaging startup WhatsApp for $19 billion in cash and stock, as the world’s largest social network looks for ways to boost its popularity, especially among a younger crowd. The acquisition of the hot messaging service with more than 450 million users around the world stunned many Silicon Valley observers with…
Facebook Inc. founder and Chief Executive Mark Zuckerberg and his wife topped a list of the biggest U.S. philanthropic donors in 2013, giving away nearly $1 billion, the Chronicle of Philanthropy said on Monday. The top 50 U.S. donors gave $7.7 billion last year, up 4 percent from the previous year, helped by a surge…
Facebook CEO Mark Zuckerberg and his wife are responsible for the largest on-record charitable donation in the United States in 2013. For the second straight year, Zuckerberg and his wife, Priscilla Chan, gave away 18 million Facebook shares — a gift worth more than $970 million — to the Silicon Valley Community Foundation in December,…
Casino magnate and billionaire Sheldon Adelson topped Forbes annual list of the biggest wealth gainers in 2013. Adelson’s net worth grew by $15 billion, or 68 percent, as of Dec. 20, according to Forbes. He went from the country’s 11th riches person to its fifth. Adelson’s fortune grew, in large part, due to the success…
A federal judge said Facebook Inc, Chief Executive Mark Zuckerberg and dozens of banks must face a lawsuit accusing the social media company of misleading investors about its financial health before its $16 billion initial public offering last year. In a decision made public on Wednesday, U.S. District Judge Robert Sweet in Manhattan said investors…
The Forbes 400 list of the richest people of America was released on Monday. As expected, Bill Gates (#1) and Warren Buffet (#2) topped the list with $72 billion and $58.5 billion, respectively. But members of the tribe made notable appearances, taking up eight spots in the Top 20. Larry Ellison, co-founder of Oracle Corporation…
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