Fix Facebook before launching Libra: Lawmakers to Zuckerberg

IANS-   A battery of US lawmakers bluntly told Facebook CEO Mark Zuckerberg in a hearing here to address his existing failures first before launching the digital currency Libra. In a six-hour grilling at a House Financial Services Committee hearing on Wednesday, both Democrat and Republican lawmakers expressed dissatisfaction with Facebook’s cryptocurrency plans. “As I […]

Mark Zuckerberg set to face leadership vote

IANS-   Facebook CEO Mark Zuckerberg was likely to face a leadership vote at the social networking giant’s annual general meeting on Thursday to step down as Chairman. According to the BBC, Zuckerberg was “unlikely to lose the vote because he owns 60 percent of the company’s shares”. “However, the percentage of shareholders who vote […]