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Date: 2 months ago   Category: Companies

Alexander Dushkin: Facebook is faced by a question — as it is possible to conform at the same time to requirements of North Korea and the USA?


Shareholders suggested to remove Mark Zuckerberg from a post of the head of board of social network. The issue will be discussed during the annual meeting on May 30 Mark Zuckerberg. Photo: An investment ditch — to change Requirement Charles Platiau/Reuters two-level structure of stocks Facebook and to replace Zuckerberg with the independent executive director. The statement is posted on the website of the U.S. Securities and Exchange Commission. Shareholders are dissatisfied that since July of last year the estimated cost of Facebook fell by 40%. They consider that it happened because of Zuckerberg's decisions. The founder of Facebook heads the board of directors of the company since 2012, owns 51% of voting shares of Facebook, and other shareholders influence its decisions practically cannot. While — they emphasize — it possesses only 13% of stocks of the company. Besides, investors remind of charges, including, in dissemination of fake information and that by means of social network Russia interfered with elections of the USA and also mass leak of personal data. After that the cost of the company failed. One of initiators of resignation of Zuckerberg — the first investor of Facebook Roger Makneymi. He calls The Stanford Daily it Mark mentor, and now one of his chief critics. The co-founder of Elevation Partners investment company invested money in Facebook at the earliest stages, and it still is a shareholder of social network. Makneymi for the first time met Zuckerberg when that was 22 years old. In that time of Makneymi was delighted with prospects of Facebook. And even when Google and several other large companies became interested in purchase of Facebook, it advised not to sell the project. However after leaving the company in 2015, it began to notice the first signs that "something goes to Facebook not so" — Makneymi told The Stanford Daily. According to him, "political misinformation began to flood the platform, and the company undertook nothing". A problem, Makneymi considers, was not in the management of the company, and in its new business model based on advertizing and attention of people. To get profit, Facebook used receptions from the industry of gamblings — to constantly hold users involved, learning about them more and more. But the services are learned about users more, the it is more at them temptation to use this information for advertizing, Makneymi believes. The Internet companies as a result give to users that they want, however such "breaking of a brain" prevents people to think critically. In 2017 said in an interview of USA Today of Makneymi that regrets that supported Facebook on start. "I helped to create the monster: Facebook and Google are similar to alcohol, nicotine and gamblings now" — he told then. Shareholders of Facebook are dissatisfied also that the company doubled expenditure for Zuckerberg's safety in 2018. In spite of the fact that the last three years he received a basic salary of one dollar, costs of the company of its safety reached 20 million dollars. Zuckerberg also received about 3 million dollars on private air flights within the same

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