Facebook Co-Founder and CEO Mark Zuckerberg said during his keynote address at the 2014 GSMA Mobile World Congress in Barcelona, Spain, Feb. 24: “Look, when you’ve just bought a company for $16 billion (WhatsApp, not counting the restricted stock units that hiked the total to $19 billion), chances are you are probably done with your acquisitions for a while.” A while was barely more than one month, and Zuckerberg explained the motivation behind Facebook’s $2 billion deal to acquire immersive virtual reality technology company Oculus VR in a call with analysts Tuesday.
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.
Facebook Co-Founder and CEO Mark Zuckerberg and five other technology executives met with President Barack Obama at the White House last Friday to discuss the National Security Agency and government surveillance, but the meeting apparently did not adequately address Zuckerberg’s concerns, based on a statement released by the social network.
Facebook Co-Founder and CEO Mark Zuckerberg participated in a $40 million funding round in Vicarious, which describes itself as “a secretive artificial-intelligence company,” according to The Wall Street Journal’s Digits blog.
The Electronic Privacy Information Center and the Center for Digital Democracy — which filed a complaint with the Federal Trade Commission earlier this month against Facebook’s $19 billion acquisition of cross-platform messaging company WhatsApp, alleging that the privacy of current WhatsApp users will be affected by Facebook’s use of their information — filed an update with the FTC Friday, in response to a blog post by WhatsApp Co-Founder and CEO Jan Koum earlier this week.
Is Facebook Co-Founder and CEO Mark Zuckerberg losing some of his appeal? After receiving the No. 1 ranking on the 2013 list of highest-rated CEOs by social jobs and career community Glassdoor, Zuckerberg slipped to No. 9 overall and No. 4 among tech company leaders in the 2014 edition, which was released Friday.
Facebook Co-Founder and CEO Mark Zuckerberg said in a Facebook post Thursday afternoon that he spoke with President Barack Obama to emphasize his concerns about Internet privacy intrusions by the U.S. government.
Fear not, Facebook users: Starting March 20, you are still more than welcome to discuss religion or use profanity to your heart’s content, although you may want to be careful about the second if you’re looking for a job or have younger users on your friends lists.
The news continues to get worse for self-proclaimed Facebook co-owner Paul Ceglia, as U.S. District Judge Andrew L. Carter Jr. rejected Ceglia’s bid to dismiss mail fraud and wire fraud charges against him for submitting fake evidence and emails and destroying real evidence in his lawsuit against Facebook and Co-Founder and CEO Mark Zuckerberg.
Vivek Wadhwa, a research professor at Stanford University, published a diatribe on LinkedIn a few months ago titled, “Facebook Is Doomed.” Contributing to the debate on the medium- and long-term sustainability of one of the biggest social networks is undoubtedly a healthy endeavor. However, this excessive public statement distinguishes itself with rather frivolous arguments on Wadhwa’s part.