Sep 12
Speaking at the TechCrunch Disrupt conference Mark Zuckerberg has made his feelings known about the recent NSA scandal, pointing out that the government "blew it".
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Sep 11
The Edward Snowden leaks and related government fallout has resulted in extensive backlash for technology companies cited in the PRISM documents, one of which is Facebook. The social network’s Mark Zuckerberg spoke about the matter today at the Disrupt tech conference, saying that he feels the government “blew it” in several ways. During an interview […]
Aug 21
Mark Zuckerberg’s plan to get five billion people in developing nations online is ambitious but unlikely to bear fruit any time soon, with a survey of network analysts suggesting the Facebook-led project faces a considerable lead-time before any significant number of users are actually connected. The so-called internet.org project may be supported by some industry […]
Aug 21
Having teamed up with Samsung, Nokia, Qualcomm and Ericsson, Mark Zuckerberg has plans to make the Internet available to the entire world
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Aug 19
A hacker who goes by the name of Khalil says he was forced to submit a bug report via Mark Zuckerberg’s Facebook wall today after his attempts to submit through traditional means were ignored. The Palestinian information system expert says he found a vulnerability in Facebook’s security system that wall posts from non-friends. The security […]
Aug 18
‘IT Expert’ Discovers Exploit, Posts On Mark Zuckerberg’s Wall After Facebook Doesn’t Pay Heed
Posted in: Today's Chili
The way Facebook privacy works is that if your profile isn’t set to public, only those people can post on your wall who you have added in your friends list. a self-titled Palestinian security expert, Khalil Shreateh, says that he discovered an exploit in Facebook that would let anyone post on anyone’s wall. He says that the exploit was reported to Facebook through their bug reporting tool, but they didn’t pay any heed and said that his discovery was not a bug. Determined to raise awareness, Shreateh went ahead and posted on Facebook CEO Mark Zuckerberg‘s wall, who obviously did not have him on his friends list. Within minutes of posting, he was contacted by a security engineer.
He was asked for further details about this exploit, meanwhile his account was disabled possibly because a greater security risk might have been perceived. They’ve since fixed the exploit and enabled Shreateh’s account, but he’s not going to be paid for this disclosure. Like many companies, Facebook pays whitehat researchers for exploits and bugs that they report. The payout is at least $500. Shreateh is said to have violated Facebook’s terms of service, since he did use the exploit to post on someone’s wall without their consent. One could make the argument that had he not posted on Zuckerberg’s wall, the exploit may have been used to spread spam across the social network. Should Facebook decide to cut Shreateh some slack on this?
‘IT Expert’ Discovers Exploit, Posts On Mark Zuckerberg’s Wall After Facebook Doesn’t Pay Heed original content from Ubergizmo. 
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Jun 18
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May 10
Earlier this year, Mark Zuckerberg of Facebook fame launched a lobbying group called FWD.Us, which purports to be for immigration reform and has more than a few big names associated with it, including Microsoft’s Steve Ballmer and Bill Gates, who joined a couple weeks after its unveiling. Among those big-name supporters was Elon Musk of Tesla and David Sacks of Yammer, both of whom have abandoned the group, according to sources who are said to be familiar with the matter.
The information comes from the folks at AllThingsD, which received a statement from Elon Musk stating: “I agreed to support Fwd.us because there is a genuine need to reform immigration. However, this should not be done at the expense of other important causes. I have spent a lot of time fighting far larger lobbying organizations in D.C. and believe that the right way to win on a cause is to argue the merits of that cause. This statement may surprise some people, but my experience is that most (not all) politicians and their staffs want to do the right thing and eventually do.”
As it turns out, the political action committee is focused on more than just immigration reform and seeing Congress “focus on policies that maximize the potential of our country’s workforce to contribute to the knowledge economy,” if its actions are of any merit. The group has come under fire for backing conservative politicians’ political commercials that focus on things like endorsing the Alaska pipeline and fighting against the Obama Administration’s healthcare reform efforts.
Not everyone believes such funding is against the purpose of the group, however.
One FWD.Us supported, Jim Breyer of Accel Partners, told the New York Times earlier this month in a statement: “Our advertising decisions are being made by a very smart team of political operatives who know that passing major reform will require some different and innovative tactics. I’m proud to support Fwd.Us as they work to pass comprehensive immigration reform.”
Regardless of whether the purpose of the group truly is immigration reform or whether it has multiple areas of interest, it is not hard to see why Musk would abandon it. Tesla Motors, for which he is the CEO, is a major player in the electric vehicles industry, as well as other environment and green-oriented areas. Financially backing a group that, in part, spends his contributions on supporting politicians seeking to drill oil in Alaska would be damaging on the personal level and contrary to many of his efforts. As for David Sacks, the information is purely the by-product of sources, with no statement or official word being given either way.
SOURCE: AllThingsD
Elon Musk and David Sacks abandon Zuckerberg’s lobbying group FWD.Us is written by Brittany Hillen & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.
Apr 28
In a recent SEC filing, it was discovered that Facebook’s CEO Mark Zuckerberg will only be taking a $1 salary this year. He will also be rejecting any potential bonuses he may receive this year as well. While the SEC filing confirms that he will only be making a dollar this year, Zuckerberg first revealed he would be taking a dollar salary in Facebook’s IPO filing.
Last year, Zuckerberg made about half a million dollars, and with his bonus, he made about 3/4 of a million dollars. But Zuckerberg isn’t working pretty much for free for no reason. He has an incentive to do so. He currently holds 60 million stock options that are currently worth 6 cents a piece. By only being paid a buck, he has more incentive to work and build up Facebook’s financial value.
Many other CEOs have reduced their salaries to a single dollar before. While they only get a dollar in the form of a salary, they are rewarded in other ways, including bonuses and stock options. Steve Jobs reduced his salary to a dollar back when he rejoined Apple in 1998, but he received stock grants in return (which he stopped taking after 2003). Google’s Larry page, Sergey Brin, and Eric Schmidt all reduced their salaries to $1 back in 2005.
Other notable figures include Michael Bloomberg, the mayor of New York City, Oracle’s Larry Ellison, Capital One’s Richard Fairbank, Chrysler’s Lee Iacocca, Zynga’s Mark Pincus, and HP’s Meg Whitman. Most of these CEOs obtain bonuses or stock options (which could be exempt from a portion of payroll taxes). By being paid through stock options, its believed that these CEOs would increase their work performance, because how much they get paid is equal to how well their companies do.
[via Business Insider]
Mark Zuckerberg claims salary and bonus pay reduced to minimum is written by Brian Sin & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.
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