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.
Facebook Co-Founder and CEO Mark Zuckerberg is making a rare appearance in Washington, D.C., this week. Zuckerberg has been raising his political profile since the company went public in May 2012, and this trip is a highly visible extension of that strategy.
Facebook’s lobbying tab in the second quarter was a healthy $1.06 million, according to disclosure forms filed with the U.S. Senate Sunday night. While strong, the second-quarter figures were off the blistering pace set by the social network in the first quarter of the year, $2.45 million, which put the company ahead of its Silicon Valley rivals.
Lobbying group and trade association The Internet Association, which counts Facebook among its members, launched a revamped website aimed at allowing readers to comment on proposed legislation related to the industry.
A group of conservative activists and bloggers is promoting a 24-hour boycott of Facebook July 4 as a response to their claim that Facebook is censoring conservative content and blocking users. So how is Freedom from Facebook Day being promoted? As a Facebook event, naturally.
Facebook added to its lobbying roster in Washington, D.C., with the addition of Caitlin O’Neill, chief of staff for House Minority Leader Nancy Pelosi (D-Calif.), The Washington Post’s In the Loop blog reported.
You can’t get to 1.11 billion friends without spending a few dollars: Consumer Watchdog reported that the social network spent $2.45 million on lobbying efforts during the first quarter of 2013, up a whopping 277 percent from $650,000 in the year-earlier period.
Facebook is increasingly becoming a player in Washington, D.C., and not just because of social media’s influence on politics. MarketWatch reported Wednesday that Facebook spent $1.4 million on lobbying in the fiscal fourth quarter — a 314 percent increase from what it sent to politicians during the same time period in 2011.