Posts Tagged ‘Mark Zuckerberg’

Zuckerberg Donates 18M Shares Of Facebook Stock, Eyeview Matches With Rare Bobblehead Doll Donation

December 19, 2012

Facebook CEO Mark Zuckerberg said he is donating nearly $500 million in stock to a Silicon Valley charity with the aim of funding health and education issues.

Zuckerberg donated 18 million Facebook shares, valued at $498.8 million based on their Tuesday closing price. The beneficiary is the Silicon Valley Community Foundation, a nonprofit that works with donors to allocate their gifts. This is Zuckerberg’s largest donation to date. He pledged $100 million in Facebook stock to Newark, N.J., public schools in 2010, before his company went public earlier this year.

Prior to the 2013 IRS loss of charitable donation deduction, Zuckerberg donates 18 million shares of Facebook stock.Eye View matches with donation of rare bobblehead doll collection.True value of both donations to be determined.


Facebook CEO Moving To Farmville, Angry Birds On High Alert

May 27, 2011

When he’s not too busy connecting people across the universe, Mark Zuckerberg is pursuing a new “personal challenge,” as he calls it. “The only meat I’m eating is from animals I’ve killed myself,” says the Facebook founder and CEO.

It’s an odd dietary direction for the 27-year-old Internet billionaire, but since he has taken to killing goats, pigs and chickens, “I’m eating a lot healthier foods. And I’ve learned a lot about sustainable farming and raising of animals,” he says. “It’s easy to take the food we eat for granted when we can eat good things every day.”

Zuckerberg’s new goal came to light, not surprisingly, on Facebook. On May 4, Zuckerberg posted a note to the 847 friends on his private page: “I just killed a pig and a goat.

This drew a stream of emotional comments, which were a mixture of confusion, curiosity, and outright disgust. Zuckerberg posted his own comment in response, explaining that he fixates on a personal challenge each year (in 2009, he wore a tie every day), and this year’s is about animals and meat.

Angry birds on high alert.

Facebook Doesn’t Get $1B From Non-US Investors Without Making A Few Enemies

January 22, 2011

NEW YORK — Facebook said Friday it has raised $1 billion from non-U.S. investors, which combined with an infusion from Goldman Sachs and Russia’s Digital Sky Technologies in December, brings the haul from its latest round of funding to $1.5 billion.

The investments value the social networking site at $50 billion, more than the current market values of Yahoo Inc. or eBay Inc., but below those of Inc. and Google Inc.Facebook did not say Friday how it plans to spend the $1.5 billion.

Earlier this week, Goldman said it was barring U.S. investors from taking part in the Facebook offering, citing widespread media coverage that could have violated securities guidelines that govern private placements.

As anticipated, Facebook also said it will start filing public financial reports by April 30, 2012. While that doesn’t technically mean an initial public stock offering, that is the most likely outcome because Facebook will have to make many of the same disclosures of a publicly traded company anyway.

You don’t get 1 billion dollars without making a few enemies.

Facebook Users Working Hard To Keep Their Privacy

October 19, 2010

Mark Zuckerberg was sent a message from a group on Monday, but it wasn’t through Facebook.

The co-chairmen of the House Bipartisan Privacy Caucus, Edward Markey (D-Mass) and Joe Barton (R-TX), have sent the Facebook CEO a letter seeking answers in the wake of another round of user privacy concerns, according to the Wall Street Journal. The latest incident, which was revealed on Monday, involved Facebook applications transmitting users’ personal identifying information to dozens of advertising and Internet tracking companies.

The Journal reports:Given Facebook’s 500 million users and the amount of information they post on the site, “this series of breaches of consumer privacy is a cause for concern,” the lawmakers wrote.

 Some privacy advocates said it’s problematic that the information was leaked at all, regardless of what happened to it. Facebook needs its users to trust it with their data because if they don’t, they won’t use the site to share as much as they do now.

Facebook users working hard to keep their privacy..

Snarky Facebook CEO That Loved To Hack Into Harvard Databases Chickens Have Come Home To Roost

October 18, 2010

 The Wall Street Journal  is reporting that 10 popular Facebook applications have been transmitting users’ personal identifying information to dozens of advertising and Internet tracking companies.

The newspaper said Monday that the breach also includes users who set all their information to be completely private. And in some cases, it says, the apps provided access to friends’ names.

The Journal wrote: The information being transmitted is one of Facebook’s basic building blocks: the unique “Facebook ID” number assigned to every user on the site. Since a Facebook user ID is a public part of any Facebook profile, anyone can use an ID number to look up a person’s name, using a standard Web browser, even if that person has set all of his or her Facebook information to be private.

For other users, the Facebook ID reveals information they have set to share with “everyone,” including age, residence, occupation and photos.  The apps reviewed by the Journal were sending Facebook ID numbers to at least 25 advertising and data firms, several of which build profiles of Internet users by tracking their online activities.

Mark Zuckerberg loved to hack into Harvard personal databases. Getting a taste of his own medicine and the chickens have come home to roost.

Eye View At the Movies, Reviewing the Reviewers, Movie About People Not Faces

October 4, 2010

The divide between Hollywood and Silicon Valley grew even wider this weekend with a backlash online and in new media circles against Sony’s critically beloved and thus far successful drama about Facebook founder Mark Zuckerberg, “The Social Network.

In a lead story on the tech blog Venturebeat, the headline told the story: “Hollywood Gets It Wrong,” it read, over a still from the movie.

But that’s not the only complaint that’s being leveled at the movie, which has been enthusiastically embraced by highbrow critics from Roger Ebert to Manohla Dargis.

 The movie “is not interested in the concept of social networking or the actual usage of Facebook,” wrote HufPo contributing editor Jose Antonio Vargas. “The film represents the biggest culmination yet of old media’s disdain and misreading of new media.”

Wrote new media blogger Jeff Jarvis: “The Social Network makes no effort to understand the phenomenon right in front of its nose. It says the internet is not a revolution, but the creation of a few odd machine-men — it’s the revenge on the revenge of the nerds.”: (Jeff Jarvis: The Antisocial Movie)

Vargas told TheWrap he considers the movie “irresponsible,” since the Hollywood impression of Facebook and Zuckerberg is quite likely to be enshrined as our culture’s conventional wisdom, regardless of how inaccurate it may be.

“There’s something that feels quite dated and very 1990s about all of this, like the filmmakers never bothered to meet some of the geeksters — geeks and hipsters — at Facebook, Twitter, Yelp, etc. who fuel the social media renaissance in Silicon Valley,” he complains.

True or not, where “The Social Network” misses the point is that it is ostensibly about the greatest communications revolution since moveable type.

And yet viewers come away with no sense of how Facebook users actually do communicate. And so what was supposed to be a zeitgeist movie is, instead, a vehicle for elite Hollywood’s talents to blithely, if unwittingly, demonstrate how out-of-touch they are with what’s going on out there.

Geek movie reviewers miss the point that the movie is not about the Internet or about Facebook but the creepy people involved. You don’t need a Facebook page to understand people.  The movie is about people not faces..