Facebook hit by $11bn wipeout from its market cap after Instagram founders quit September 25, 2018 Shares in Facebook have fallen by more than two per cent as markets opened in the US this afternoon, powered by the sudden exit of the two founders of Instagram. Facebook's share price fell as much as 3.2 per cent in pre-market trading this morning, before opening 2.4 per cent down to a total market value loss [...]
Instagram’s co-founders quit their social media app September 25, 2018 Instagram’s co-founders are leaving the firm. Kevin Systrom and Mike Krieger are stepping down six years after Facebook bought their social media app for $1bn (£760m). The photo-sharing behemoth today boasts more than 1bn users, up from 30m at the time Facebook bought it, but the co-founders’ departure follows rumours of tensions between them [...]
DEBATE: Does the increasingly global reach of the tech giants require a regulatory watchdog? September 13, 2018 Does the increasingly global reach of the tech giants require a regulatory watchdog? Ruth Manielevitch, director of business development EMEA at Taptica, says YES. Even Mark Zuckerberg himself has admitted that some regulation of his industry is necessary. A regulatory watchdog would ensure that the activity of Facebook and other tech titans is scrutinised, to [...]
Why your chief executive should wear a hoodie: Those with the technical know-how are increasingly in demand for the top jobs September 2, 2015 In the early days of a startup, once your company achieved scale, the technical founder would step back to be replaced with a “professional chief executive”. This used to be commonplace; everyone from Cisco to eBay went through the management team merry-go-round. But the tide is turning and there is a growing acceptance [...]
Mark Zuckerberg’s book club: These are the 15 books you need to read to catch up over the summer August 9, 2015 Mark Zuckerberg is more than half way through his ambitious goal of reading a book every two weeks – a new years challenge he set himself at the start of 2015 – and they're quickly piling up. Keeping up with his accompanying book club on Facebook may not have been at the top of everyone's [...]
Mark Zuckerberg’s Q+A with Stephen Hawking and the Terminator Arnold Schwarzenegger July 1, 2015 Facebook chief Mark Zuckerberg often turns to Facebook (where else?) to hold Q+A sessions so those around the world can raise a question with him. Last night, though, the billionaire social network founder was joined by a line-up of star-studded questioners which included scientist Stephen Hawking, media darling Arianna Huffington and even the Terminator himself, Arnold [...]
Facebook boss Mark Zuckerberg’s 5 best quotes from Mobile World Congress March 4, 2015 Facebook boss Mark Zuckerberg has been answering audience questions at the Mobile World Congress in Barcelona. From issues surrounding free speech to what it takes for someone to get hired at Facebook Zuckerberg faced a mix of tough and softball questions. Here are the five best quotes from Zuckerberg's answers: 1. Answering what Facebook looks for [...]
2015 Forbes’ billionaires list: Bill Gates joined by Facebook’s Mark Zuckerberg, Uber’s Travis Kalanick and Snapchat’s Evan Spiegel March 2, 2015 While Forbes’ list of billionaires is topped by the usual suspects – Microsoft founder Bill Gates, business magnate Carlos Slim and investment guru Warren Buffett – young tech entrepreneurs are hot on their heels. Facebook founder Mark Zuckerberg joined the top 20 for the first time with an estimated fortune of $33.4bn (£21.7bn), placing him [...]
Mobile World Congress 2015: Facebook boss Mark Zuckerberg puts pressure on operators March 2, 2015 Facebook chief executive Mark Zuckerberg went to great lengths to rebuild bridges with global mobile operators in Barcelona last night in order to spur a project to bring free internet to the world’s poorest people. When the founder of the world’s largest social network first called on operators to support him in early 2014 his [...]
Mobile World Congress 2015: Mark Zuckerberg, wiping the smile off execs’ faces – Bottom Line March 1, 2015 Last year Mark Zuckerberg, the 30-year-old billionaire creator of Facebook, gave the keynote speech at the world’s biggest mobile conference in Barcelona, Mobile World Congress. Speaking to several thousand telecoms execs Zuckerberg called on them to open up mobile internet for the poorest countries in the world and allow free access to basic internet services [...]