Mark Zuckerberg - Page 40

Report: FTC Fines Facebook $5 Billion for Privacy Violations

The Federal Trade Commission (FTC) reportedly approved Friday a $5 billion settlement with Facebook following the social media giants’ handling of the Cambridge Analytica scandal. This serves as the largest fine the FTC has given out for privacy violations; however, politicians and activists have said that this fine serves as a “bargain” for Facebook.

The Associated Press

Facebook Reveals ‘Libra’ Cryptocurrency Will Be ‘Governed’ by Switzerland-Based Coalition of Elites

Facebook plans to launch its own currency named Libra in 2020. The Silicon Valley Masters of the Universe have unveiled more details about how the currency will operate, including a promise of privacy for its user, and the fact that the currency will be “governed” by the “Libra Association,” a group of Mark Zuckerberg’s fellow elites based in Switzerland.

Facebook's privacy move: major pivot or headfake?

Allum Bokhari: Facebook Aiding Tide of ‘Political Segregation’ for Goods and Services

Breitbart News senior tech reporter Allum Bokhari, who recently uncovered Facebook’s process of labeling its users “hate agents,” elaborated on his exclusive report and how he expects it to evolve in a Friday interview with SiriusXM’s Breitbart News Daily host Alex Marlow. Bokhari pointed out the striking similarity between the Silicon Valley Masters of the Universe and the Chinese government, which has implemented a “social credit system” in an effort to train its citizens to behave in a manner that pleases the communist regime.

The Associated Press

68% of Outside Facebook Investors Want Mark Zuckerberg Out as Chairman

According to votes from Facebook’s annual shareholder meeting last week, 68 percent of outside investors want to see an independent chairman appointed in place of Mark Zuckerberg. Due to Zuckerberg’s chokehold on voting shares of the company, the investors’ vote will have no bearing on his role at the top of the Silicon Valley giant.

Facebook's privacy move: major pivot or headfake?