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Date: 3 months ago   Category: Companies

Unexpected risk for Zuckerberg


Mark Zuckerberg.
Investors of Facebook suggested to deprive of it a post of the head of the board of directors after a series of scandals over social network Mark Zuckerberg. Photo: Zuma/TASS Several public investment funds in the USA want to oust Mark Zuckerberg of the head of the Council of directors of Facebook. For example, it is the treasurer of New York Scott Stringer who controls activity of the pension fund of government employees of the city, and still — treasurers of states Pennsylvania, Rhode Island and Illinois. They consider, Zuckerberg's leaving is necessary to bring the company out of that bad story in which it appeared, and to restore trust of Americans and investors. Lately the Facebook company appeared in the center of several scandals — from use of the platform for distribution of false information and intervention in elections of the USA before breaking of millions of accounts and the translation of personal data to the third parties. In three months of an action lost nearly 30%. Founders of WhatsApp and Instagram left it. Investors, especially large, such situation disturbs. On the one hand, there is nothing unusual in aspiration to divide functions of the chairman of the board of directors into observant and executive. But one desire of investors of Zuckerberg not to displace from a post, he controls nearly 60% of voices, professor of political science of the University of the State of Tennessee (USA), the expert of the Russian council for the international affairs, the Doctor of Economics Andrey Korobkov says. Andrey Korobkov professor of political science of the University of the State of Tennessee "Here question more political, than purely business. Zuckerberg agreed to give evidences in the senate and answered these questions, a part of a loss was compensated, and he told everything politically correctly as it was necessary, including accused Russia, but all the same already fell into the weakened state therefore pressure upon it will proceed. And all this will be connected with its personal decision. It cannot induce it to be do by vote, but by the political pressure, pressure via ordinary American mechanisms [really]: always it is possible to bring criminal case for some reason. Always it is possible to find unpaid taxes. In general, he perfectly understands it, and, I think, now discusses it with the lawyers. But this company was created by one person, then he went to a share issue, made it public, and all the same it will depend on the personal decision of Zuckerberg". The most juicy scandal is connected with Cambridge Analytica. The public was revolted that the company collected personal data of users of Facebook and further used them in political goals. It is absolutely unambiguous that it is the companies, not comparable on scales, and, certainly, those additional sources of income which was gained by Facebook due to cooperation with Cambridge Analytics do not come within miles of those rehearsal and financial losses which the company suffered because of incorrect use of data, the publisher of the Stuff and What Hi-Fi magazines, the host "The sum of technologies" on Busin is sure

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