Facebook looks to build a business from virtual reality, betting on long term
During the earnings call for third quarter financial results, Facebook CEO Mark Zuckerberg gave further information on the expectations of the Oculus Rift, including the path he sees Oculus traveling in the future. While no exact information was stated about a consumer release, Zuckerberg said it could take years for the technology to be "meaningful."
Asks for limits to government surveillance
Several US technology executives -- including Apple's Tim Cook, Google's Larry Page, Facebook's Mark Zuckerberg, Microsoft's Satya Nadella, and Yahoo's Marissa Mayer -- have published an open letter as a part of the Reset the Net anti-surveillance campaign. The letter complains that the USA Freedom Act -- which recently passed through the House of Representatives -- still permits bulk collection of Internet metadata, despite promises by the White House and Congress to halt the practice. The executives are also asking for the flexibility to publish more detail about the quantity and types of government requests they get for customer information.
Ban by censors opposed by Iranian government officials
Censors in Iran have moved to ban the WhatsApp messaging service, for being owned by an "American Zionist," according to reports. The reasoning of the ban stems from the acquisition of WhatsApp by Facebook for a total of $19 billion earlier this year, with the Jewish background of Facebook founder and CEO Mark Zuckerberg being at issue.
Uber launches in Beijing, China, operates in 100 markets
Transportation service Uber has launched its service in its 100th market, with Beijing, China being the milestone location. The new addition to Uber's roster comes just under four years after the service first started in San Francisco, with the company also launching a commemorative page showing all locations it currently operates and highlighting Uber stories posted on Twitter.
Facebook's Mark Zuckerberg tops high-tech
Apple CEO Tim Cook pulled in $73.9 million in compensation during 2013, according to data compiled by USA Today. That included a $4.3 million salary, and $69.6 million in vested stock options Cook had been awarded several years ago. The figures were enough to rank Cook second among a list of best-paid Silicon Valley executives, but this year's payout was atypical for the Apple CEO.
Apple boss' rating remains at Steve Jobs-era levels
Despite suffering only a tiny drop in approval -- perhaps due to votes from recently-released executives -- Tim Cook's rank on job and boss review site Glassdoor fell from the top spot last year to number 18 on the latest list. His replacement is actually three CEOs, including Facebook leader Mark Zuckerberg and SAP's co-CEOs Bill McDermott and Jim Hagemann Snabe. All three men received a 99 percent score, while Cook fell from 97 percent to 93 percent in this year's survey. The ratings are compiled from employee votes.
Partnership with Microsoft expands
Facebook CEO Mark Zuckerberg has blasted Google over privacy concerns, claiming the search giant would not agree to certain terms demanded by the social network for its new search tools. Facebook also has dodged questions surrounding the backbone of its new Search Graph feature, however Zuckerberg explained that Microsoft will remain a close partner for web search via Bing integration.
Zuckerberg amazed, humbled by user numbers
Over one billion people are actively using Facebook each month, according to Mark Zuckerberg. The service reached the milestone figure on September 14, with Zuckerberg calling the feat "amazing, humbling and by far the thing I am most proud of in my life" in a statement earlier today, adding that he hopes to "connect the rest of the world too."
Focus on HTML5 decried, Facebook phone shot down
After weeks of Facebook's stock price taking a beating on Wall Street, CEO Mark Zuckerberg's first public appearance since the initial public offering boosted the stock 11 percent in two days, adding $4 billion in market capitalization. Zuckerberg's remarks at the TechCrunch conference offered investors some assurances that his company is committed to increasing revenue from mobile advertising, as well as raising the possibility of Facebook developing its own search engine.
Facebook CEO says running a public company not too different
Facebook founder Mark Zuckerberg acknowledged that the toughest challenge facing the social network today is adapting to the mobile computing shift. Bloomberg reports that Zuckerberg made the remarks in an interview at the Allen & Co. media conference last week, where the Facebook head was questioned on the difficulties he has faced since the world's largest social network became a public company. Zuckerberg's admission comes as Facebook continues to add features and acquire mobile-focused companies in an effort to adapt to the mobile computing shift.
Facebook to push mobile, advertising, online apps
Mark Zuckerberg has spoken up in the midst of Facebook's ongoing IPO roadshow, giving investors a better idea of what they can expect to be key revenue drivers for the largest social network in the world after it goes public. Zuckerberg says Facebook will set its sights on improving its mobile application, tying other online apps into Facebook, and creating a "transformative" advertising experience.
Zuckerberg creates organ donor listing on Facebook
Facebook has added an option to let users declare that they are an organ donor on their timeline, in order to raise awareness and help the 112,000 Americans waiting replacement organs. Mark Zuckerberg was inspired to make the change by his girlfriend and the late Steve Jobs.
Acquisition allegedly came as a surprise
Facebook chief executive Mark Zuckerberg reportedly excluded the company's board of directors from talks that eventually led to the recent Instagram acquisition. An unnamed source familiar with the negotiations told (sub. required) The Wall Street Journal that the board was "told, not consulted" after Zuckerberg privately established an agreement with Instagram co-founder Kevin Systrom.
Facebook CEO personally involved in Instagram deal
Facebook's $1 billion buyout of Instagram was a rapid attempt to land the mobile app developer before it got much bigger, insiders uncovered. Within a day of Instagram's getting a $50 million venture capitalist funding round last Thursday, putting its value at $500 million, Facebook founder Mark Zuckerberg had called Instagram co-creator Kevin Systrom and made his offer known, the New York Times heard. It took just the weekend to resolve differences and finalize the deal for twice the photo app writer's value.
Facebook shows Apple influence in IPO filing
The SEC filing behind Facebook's long-expected IPO has seen company founder Mark Zuckerberg take an Apple cue in his pay. The CEO earlier this month requested that, as of the start of 2013, his base pay be cut from as much as $500,000 in 2011 to just $1, much like Apple co-creator Steve Jobs. Zuckerberg is known to have taken advice from Jobs and considered his success an aspirational goal.
Facebook chief grilled Steve Jobs on info
Facebook founder Mark Zuckerberg got direct advice from Steve Jobs on how to run a business, the social networking CEO mentioned in an interview due to air Monday night. The discussion on Charlie Rose saw Zuckerberg mention that he had a "lot of questions" for Apple's leader in his later years. He wanted to know the overall design and goals of companies but also to get the same inspiration from staff that Jobs had managed.
Gates, Jobs traded barbs through biographer
Former Apple CEO Steve Jobs was highly respectful of Facebook CEO Mark Zuckerberg, an outtake from this Sunday's 60 Minutes special reveals. In a taped interview with biographer Walter Isaacson, Jobs expressed admiration for Zuckerberg's business acumen. "We talk about social networks in the plural," he said, "but I don’t see anybody other than Facebook out there. Just Facebook, they are dominating this. I admire Mark Zuckerberg...for not selling out, for wanting to make a company. I admire that a lot."
Social networks serve as early outlet
(Updated with Google.com link) More messages of condolence and tribute are pouring in for Steve Jobs from industry executives. At Google, both CEO Larry Page and co-founder Sergey Brin have posted messages through Google+. "I am very, very sad to hear the news about Steve," writes Page. "He was a great man with incredible achievements and amazing brilliance. He always seemed to be able to say in very few words what you actually should have been thinking before you thought it. His focus on the user experience above all else has always been an inspiration to me. He was very kind to reach out to me as I became CEO of Google and spend time offering his advice and knowledge even though he was not at all well. My thoughts and Google's are with his family and the whole Apple family."
Facebook CEO card tied to respect for Steve Jobs
Facebook founder Mark Zuckerberg's infamous early business card was actually an homage to Steve Jobs, the card's designer Bryan Veloso addressed on Quora. Although the actual "I'm CEO, Bitch" sentence was a tribute to the Dave Chappelle Show, it reportedly embodied Zuckerberg's attempt to emulate the Apple CEO at the late 2005 period when the card was made. The social network designer thought that the "aggressive" boardroom persona in meetings and elsewhere, and would hand out either a regular card or the legendary variant depending on the image he wanted to present.
Zuckerber praises executive's leadership
Facebook has appointed Reed Hastings, chairman and chief executive of Netflix, to join the social networking company's board of directors. Facebook founder and CEO Mark Zuckerberg praised the executive as an "entrepreneur and technologist who has led Netflix to transform the way people watch movies and TV."
Eduardo Saverin, Dustin Moskovitz make list
Forbes' growing list of billionaires continues to expand with heavyweights in the tech industry, including a strong presence from several individuals who owe their wealth to Facebook. Founder Mark Zuckerberg now sits at number 52 on the list, after his estimated worth skyrocketed from $4 billion last year to $13.5 billion.
Rumor has Apple avoiding Facebook integration
A rumor circulating Friday has suggested that Apple is afraid of and distrustful of Facebook. The tip, reportedly from a Facebook team that handles external deals, claimed that "they hate" Facebook at Apple because of its power. Facebook's iPhone app and services are important enough that they could up-end iOS itself if there was enough deep-level integration, SAI heard.
Jobs, Zuckerberg get prominent seats
Several major US technology executives have been officially photographed with President Obama at a dinner meeting on Thursday night. As expected, three people on the guest list included Apple CEO Steve Jobs, Google's Eric Schmidt, and Facebook CEO Mark Zuckerberg. Jobs and Zuckerberg were notably given the most prominent positions during the dinner, seated directly to the left and right of the President.
Topics to include R&D, education, energy
Several major tech CEOs will be meeting with President Obama at a San Francisco event this evening, sources tell ABC News. Amongst the business heads attending the event will allegedly be Facebook's Mark Zuckerberg, Google's Eric Schmidt, and Apple CEO Steve Jobs. A White House official explains that the assembly will talk about "promoting American innovation," as well as the Obama administration's interests in funding education, clean energy, and research and development.
Jobs, Zuckerberg top CEO approvals while MS lags
An updated list of CEO approval ratings from Glassdoor has shown a wide disparity between some technology firms' executives. Apple's Steve Jobs, Facebook's Mark Zuckerberg and Google's Eric Schmidt lead the group, all claiming 96 to 97 percent approval from their staff on the site. Rivals were much lower, however, and saw MySpace president Mike Jones at 60 percent, Yahoo CEO Carol Bartz at 56 and Microsoft's Steve Ballmer at a particularly low 49 percent.
Facebook and Apple CEOs seen talking
Facebook chief Mark Zuckerberg was reportedly invited to the home of Apple co-founder Steve Jobs two weeks ago to discuss the impasse on Ping. A spotter said the two were walking in conversation together in Palo Alto. The discussion details weren't intercepted by the LA Times observer but likely centered around restoring Facebook integration with Ping.
Facebook CEO leapfrogs Steve Jobs in net worth
Facebook creator Mark Zuckerberg has already passed Apple CEO Steve Jobs in net worth, a check of the pair's finances discovered tonight. The social network's leader at 26 has roughly tripled his value in a year's time to $6.9 billion through a private valuation of Facebook at $23 billion, increasing the worth of his personal stake. Jobs, 55, added a relatively modest $1 billion and is worth $6.1 billion, Forbes determined.