Facebook Co-Founder and CEO Mark Zuckerberg and his wife, Priscilla Chan, have repeatedly displayed their commitment to charitable giving and education, and the power couple took another giant step Thursday with their announcement of a $120 million pledge to aid schools in low-income communities in the San Francisco Bay area.
San Jose Mercury News
Facebook Co-Founder and CEO Mark Zuckerberg spent more than $43 million last October to buy four homes adjacent to his residence in Palo Alto, Calif., in the interest of protecting his privacy, but he is now facing a lawsuit filed by Mircea Voskerician, a developer who planned to build on one of the lots behind Zuckerberg’s home.
It was a scary hour-and-a-half or so at Facebook’s headquarters in Menlo Park, Calif., Tuesday night, as the San Jose Mercury News reported that the social network’s campus was on lockdown from about 7 p.m. PT until about 8:30 p.m. following a threat that authorities received via telephone.
Irony at its best: On the same day that Facebook users are lashing out about another change to the social network’s privacy settings, the San Jose Mercury News reported that Facebook Co-Founder and CEO Mark Zuckerberg spent more than $30 million to buy four homes that are adjacent to his residence in Palo Alto, Calif., in the interest of protecting his own privacy.
Facebook Engineering Director Arturo Bejar spoke with the San Jose Mercury News, but the conversation had nothing to do with coding or new features on the social network. Instead, they discussed conflict resolution.
Facebook is continually planning to expand, but the company’s latest addition will cost it a little extra. The social network is planning to build a second building in Menlo Park, Calif. — a 22-acre West Campus that would employ more than 2,000 people. The city of Menlo Park told Facebook that it would require an agreement similar to the one in place when the company originally set roots in the Bay Area town. For the East Campus, the social network agreed to pay the city roughly $14.5 million over the next 14 years.