Newark - AllFacebook

Report: Mark Zuckerberg-Led Political Advocacy Group To Focus On Immigration Reform

David Cohen — Wed, 27 Mar 2013 14:53:08 +0000

More details are emerging on the political advocacy group reportedly being put together by Facebook Co-Founder and CEO Mark Zuckerberg, with The Wall Street Journal reporting that the group’s goal is to raise $50 million, and its focus is on comprehensive immigration reform.

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Report: Mark Zuckerberg Leads Formation Of Issues-Advocacy Organization

David Cohen — Mon, 25 Mar 2013 11:12:41 +0000

Facebook Co-Founder and CEO Mark Zuckerberg is reportedly ramping up his political activities, leading the formation of an issues-advocacy organization, and backing it with significant cash.

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Protestors Target Mark Zuckerberg’s Fundraiser For N.J. Gov. Chris Christie

David Cohen — Thu, 14 Feb 2013 11:41:50 +0000

Facebook Co-Founder and CEO Mark Zuckerberg hosted a fundraiser for New Jersey Gov. Chris Christie at his Palo Alto home Wednesday night, but not everyone welcomed Zuckerberg’s guest, as some 40 protestors gathered outside the gates.

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Mark Zuckerberg, Priscilla Chan Among Biggest American Philanthropists In 2012

Justin Lafferty — Mon, 11 Feb 2013 16:36:30 +0000

We all know that Facebook Co-Founder and CEO Mark Zuckerberg is one of the richest people in America, but he’s also one of the most generous. The Chronicle of Philanthropy announced Monday that Zuckerberg (along with his wife, Priscilla Chan) was the second-biggest American philanthropist in 2012, behind Warren Buffett.

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Newark, N.J., To Create Early Childhood Policy Board With Help From Mark Zuckerberg’s Donation

David Cohen — Thu, 07 Feb 2013 09:42:34 +0000

The city of Newark, N.J., will create an early childhood policy board using a $250,000 matching grant tied to the $100 million Facebook Co-Founder and CEO Mark Zuckerberg donated to the city’s school system.

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Facebook CEO Mark Zuckerberg To Host Fundraiser For N.J. Gov. Chris Christie

David Cohen — Thu, 24 Jan 2013 11:56:02 +0000

Facebook Co-Founder and CEO Mark Zuckerberg will host a fundraiser for New Jersey Gov. Chris Christie at his home in Palo Alto next month, BuzzFeed reported.

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Mark Zuckerberg Announces Donation Of 18M Facebook Shares To Silicon Valley Community Foundation

David Cohen — Wed, 19 Dec 2012 10:58:28 +0000

The latest and largest charitable donation by Facebook Co-Founder and CEO Mark Zuckerberg and his wife, Priscilla, will go to an organization a little closer to home, as Zuckerberg posted on his Facebook page that the Silicon Valley Community Foundation will receive 18 million Facebook shares.

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Amid Rumors To The Contrary, Facebook Will Stay In Menlo Park

Jackie Cohen — Tue, 20 Mar 2012 22:15:08 +0000

Facebook barely finished moving into its new headquarters in Menlo Park and yet a handful of local publications have run articles this week about the social network’s real estate staff eyeing digs in another suburb.

The company’s demands for more local infrastructure than the original move-in involved has also inspired national media coverage of negotiations with Menlo Park city officials, but for now both sides have a long-term view of Facebook’s occupancy in the area.

Tucker Bounds, a Facebook spokesperson, commented:

It’s our hope that Menlo Park and East Palo Alto see the incredible economic benefits to having a good neighbor, like Facebook, join the community. We expect to grow and thrive responsibly in Menlo Park, but it’s important for us to evaluate other options in the case that our plans are not fully approved and supported.

Menlo Park city council has yet to approve Facebook’s proposed expansion plans that would enable the company to house up to 9,400 employees, something the social network had first asked for almost a full year ago.

The way Facebook wants to allocate this, according to the Silicon Valley Business Journal, is:

6,600 on the campus it now occupies and 2,800 on a nearby campus it wants to build. It is only permitted to have up to 3,600 at the original site now.

Facebook is seeking approval to add five buildings totaling 440,000 square feet on 22 acres at 312 and 313 Constitution Drive across Bayfront Expressway. The original campus and the new one would be connected by an underground tunnel.

The Silicon Valley Business Journal learned from a realtor that Facebook had previously looked at a similarly-sized property, Pacific Research Center, across the bay in Newark, California, a while ago and was going to keep that property in mind as a backup option in case things didn’t work out in Menlo Park.

In the mean time, Facebook has offered to keep more of its employees off the local roads during rush hours — hello, shuttle service — if Menlo Park would allow the social network to staff up at that location. According to The Almanac News:

Facebook is asking Menlo Park to swap an existing cap of 3,600 employees for a traffic cap instead at its main Willow Road campus — now known as 1 Hacker Way. The requested cap is for 15,000 daily trips, with 2,600 during rush hour.

Menlo Park officials said they’d consider that request if Facebook ponied up more money for infrastructure, among other concessions.

With plans well underway for an initial public offer, the likelihood that the social network would pick up and move seems slim (quite possibly, some of the 31 investment banks underwriting the IPO may have designs on bond-financing the municipal infrastructure that will accommodate the ongoing expansion in Menlo Park.)

Yet Menlo Park has enough affluence among existing occupants to make it a demanding negotiator with Facebook.

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Newark Teachers Eye Grants From Zuckerberg Donation

David Cohen — Thu, 22 Sep 2011 15:59:14 +0000

Teachers in the Newark school system have incentive to step up their game — $10,000 worth of incentive, to be exact, in the form of grants to teachers or groups of teachers who create innovative programs in their classroom. But where is the money coming from? Try Facebook co-founder and CEO Mark Zuckerberg’s $100 million donation.

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Who’s In Charge Of Facebook’s Gift To Newark Schools?

David Cohen — Thu, 14 Jul 2011 17:39:44 +0000

The good news for Khaatim Sheerer El is that he can now concentrate full-time on helping the Newark Schools divvy up nearly $100 million donated by Facebook Chief Executive Officer Mark Zuckerberg, plus the equivalent in matching grants. The bad news is that his schedule opened up because he was forced to resign from Atlanta’s public school board.

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