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Mark Zuckerberg

Facebook Appoints Robert M. Kimmitt as Lead Independent Director

Facebook announced that Robert M. Kimmitt, former Deputy Secretary of the Treasury and U.S. Ambassador to Germany, has been appointed to the company's Board of Directors as lead independent director, effective immediately. Additionally, Jeffrey D. Zients, CEO of The Cranemere Group Limited, has informed the company that he will not stand for re-election to Facebook's Board of Directors at the company's 2020 Annual Meeting of Stockholders. Zients will continue to serve as a director until the date of the Annual Meeting.…

Drew Houston Joins Facebook Board of Directors

Facebook announced that Drew Houston, co-founder and CEO of Dropbox, has been appointed to the company's board of directors, effective immediately. Mark Zuckerberg, founder and CEO of Facebook, said: "Drew brings valuable perspective to our board as a leader of a technology company with services used by millions of people and businesses. He thinks deeply about where technology is going and how to build a culture that delivers services that always work well." "It's been inspiring to watch Facebook grow into a platform…

Fully Connected: How to Get Developing Countries Online

Did you know it’s World Telecommunication & Information Society day (WTISD) today? Probably not. And as it might sound boring, it’s actually very exciting. Right now 56% of the world population has access to internet. This means that more than 4 billion people, over half of the world's population, are without any internet connection. The growth potential is huge. A fully connected world is not just a noble cause, but also the dream of every marketer and tech Ccmpany. Which means companies like Google, Facebook and…

The Third-Party Data Crisis: How the Facebook Data Breach Affects the Ad Tech

In April all the media was on air with the Facebook data breach and the consequent third-party data crisis. Facebook's biggest sin is, in fact, the case of Cambridge Analytica. What is it for the ad tech world? The financial success of the most famous social network is advertising. That’s how Facebook made $16 billion in profit on revenues of $40.7 billion in 2017. And that’s how the whole digital advertising ecosystem works; it’s a $330 billion market worldwide. Zuckerberg explains that Facebook doesn't sell user…

Facebook News Feed Update: Will the Revamp Add to your ‘Price of Opportunity’?

Person-To-Person Interactions Are More Valuable That Person-To-Post Interactions; Latest Facebook News Feed Update Aims to Increase Relevant Content Engagement Last week, the CEO of Facebook Mark Zuckerberg announced a major change to one of their most marketable product, News Feed. In his social media post, Mark declared that the Facebook users would see less of marketing and retargeting content from like posts from "businesses, brands, and media. And, the public content you see more will be held to the same standard --…