Tag Archives: Mark Zuckerberg

Mark Zuckerberg Accuses Apple of Having a ‘Stranglehold’ on Apps

Mark Zuckerberg has fired more shots at Apple.

During a company-wide meeting Friday, the Facebook CEO accused the tech giant of having a “stranglehold” on apps that are available for iPhones. Zuckerberg claimed the App Store policies allowed Apple to “charge monopoly rents” on third-parties, which ultimately harms innovation and user experience. Continue reading Mark Zuckerberg Accuses Apple of Having a ‘Stranglehold’ on Apps

Facebook Spends $20 Million to Quiet Gentrification Critics Near Its Headquarters

Facebook is making good on its promise to build affordable housing near its headquarters in Menlo Park. The social media giant announced plans on Friday to build new housing in the area to offset concerns about the controversial
1.1 million square-foot expansion of its headquarters.

Continue reading Facebook Spends $20 Million to Quiet Gentrification Critics Near Its Headquarters

Mark Zuckerberg Makes $1.6 Billion In A Week, Net Worth Soars To All-Time High

Bolstered by surging revenues, the growing popularity of Facebook Live and the recent debut of a food-delivery service, shares of Facebook rose 1.5% Friday, finishing 3% above Monday’s opening price. As the company heads toward its quarterly earnings announcement on November 2, the stock is now trading at an all-time high.

Continue reading Mark Zuckerberg Makes $1.6 Billion In A Week, Net Worth Soars To All-Time High