The revolt of the non-voting shareholders. Several public funds that hold shares in Facebook Inc on Wednesday backed a proposal to remove Chief Executive Officer Mark Zuckerberg as chairman, saying the social media giant mishandled several high-profile scandals. — Read on http://www.reuters.com/article/us-facebook-shareholders/facebook-shareholders-back-proposal-to-remove-zuckerberg-as-chairman-idUSKCN1MR2GY
I know how Snap can save $500 million per year: his name is Evan Spiegel. The CEO famously rejected stock options comp for a ridiculous annual salary of one half a billion USD. Snap Inc. stock slid more than 5% on Tuesday morning after an analyst said the Santa Monica company behind the Snapchat video-messaging… Read More Snap is ‘quickly running out of money’
Oh sh-. It’s on now motherfucker. Federal investigators on Monday searched the office, home and Manhattan hotel room of President Donald Trump’s longtime lawyer, Michael Cohen, seizing communications between the lawyer and his clients that cover topics including payments to the former porn actress known as Stormy Daniels, according to a person familiar with the… Read More Agents Raid Office of Trump Lawyer Michael Cohen in Connection With Stormy Daniels Payments – WSJ
I assumed this was already happening, but I guess they are trying to get public approval doe non-stop monitoring. The FBI is asking Internet companies not to oppose a controversial proposal that would require firms, including Microsoft, Facebook, Yahoo, and Google, to build in backdoors for government surveillance. via FBI: We need wiretap-ready Web sites… Read More Domestic Surveillance: FBI and Three Others Like This
I would have never seen this coming. I’d previously believed Facebook would not be a good long-term hold, but I had no idea the IPO could come unraveled to such a degree. It’s quite a confidence-shaker, don’t you think? Facebook’s founder, Mark Zuckerberg, has gone from hero to zero as the stockmarket flotation of the… Read More Fadebook? Hilarious.
This is just a trailer, but it still looks really good. And it’s from David Fincher, who directed Fight Club and The Game.
That’s the problem.