Wednesday, 4 April 2018

Mark Zuckerberg should quit as Facebook chairman, billion-dollar investor says

Mark Zuckerberg should quit as Facebook chairman, billion-dollar investor says

Facebook founder Mark Zuckerberg should quit as chairman of the company, according to an investor with a $1 billion (£712 million) stake in the technology giant. New York City Comptroller Scott Stringer, who oversees the city’s pension fund, told CNBC that there needed to be more independent board oversight at Facebook in the wake of the Cambridge Analytica scandal. Mr Stringer said revelations that the UK-based data analytics firm harvested personal information from more than 50 million Facebook accounts in the build up to the 2016 US elections represented “a risk to our democracy” and highlighted major issues within Facebook.
Read more: https://www.independent.co.uk/life-style/gadgets-and-tech/news/facebook-mark-zuckerberg-quit-investor-scott-stringer-a8286451.html?source=Snapzu

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