NorthStar Asset Management issued a rebuttal to Facebook’s guidance in its Schedule 14A filing with the Securities and Exchange Commission detailing measures up for vote at its annual meeting, saying in a Form Px14a6g filing with the SEC that shareholders should vote for the resolution involving political contributions, and not against it, as the company advised.
Facebook’s 2014 annual meeting will be held Thursday, May 22, at 11 a.m. PT, at the Sofitel San Francisco Bay in Redwood City, Calif., and shareholders will vote on the company’s board of directors, as well as on ratifying the appointment of Ernst & Young as Facebook’s independent registered public accounting firm for the fiscal year ending Dec. 31, and on five other stockholder proposals, the social network revealed in a Schedule 14A filing with the Securities and Exchange Commission.
Someone described as a person involved in Facebook’s $2 billion acquisition of immersive virtual reality technology company Oculus VR told Nick Wingfield and Vindu Goel of The New York Times that the social network plans to redesign Oculus’ hardware and rebrand it with a Facebook interface and logo, but Facebook is officially denying the report.
Virtual reality will soon be actual reality at Facebook, as the social network announced its acquisition of immersive virtual reality technology company Oculus VR — maker of the Oculus Rift virtual reality headset — in a deal worth about $2 billion.
Wouldn’t you rather be on the beach for spring break right now? Facebook examined its check-in data during the month of March, comparing it with February, and compiled lists of the 10 most popular beach destinations for college spring breakers (users aged 18 through 24) and family-friendly beach destinations (25 and older).
Facebook Weekly Highlights features photos and videos posted to the social network by celebrities and athletes. This week’s edition featured this photo of National Football League free agents Chicago Bears Defensive Tackle Henry Melton, Minnesota Vikings Defensive End Jared Allen, and Green Bay Packers Tight End Jermichael Finley.
With Disney CEO Bob Iger set to leave the iconic media company in 2016, and one of the most prominent candidates to succeed him, Anne Sweeney, co-chair of Disney Media Networks and president of Disney/ABC TV Group, announcing Tuesday that she was leaving the company, rumors began to swirl about another potential replacement for Iger: Facebook Chief Operating Officer Sheryl Sandberg.
Can you imagine checking your Facebook News Feed and suddenly seeing compromising photos of yourself from a mobile phone you traded in, visible by all your Facebook friends? That is exactly what happened to a Los Angeles woman, but Facebook was not at all to blame: A Sprint employee who was supposed to be wiping all data off the phone instead accessed its Facebook application and uploaded the photos, according to her lawsuit against the mobile carrier.
Consumer-management-suite provider Gigya hopes to continue its global expansion with the addition of former ExactTarget Vice President of Global Channels Patrick McCue as VP of global channels and alliances.
Facebook Chief Operating Officer Sheryl Sandberg spoke with Julia Boorstin of CNBC at The MAKERS Conference in Rancho Palos Verdes, Calif., produced by AOL, and she touched on several subjects for segments that will air throughout the business news network’s Business Day programming, including Facebook’s transition to a mobile company, its progress with Madison Avenue, the social network’s A Look Back videos, and Facebook’s focus for the near future.