Mark Zuckerberg Loses $7bn In Hours As Facebook Goes Offline

LAGOS OCTOBER 5TH (NEWSRANGERS)-Mark Zuckerberg’s personal wealth has fallen by nearly $7 billion in a few hours, knocking him down a notch on the list of the world’s richest people, after a whistleblower came forward and outages took Facebook Inc.’s flagship products offline. A selloff sent the social-media giant’s stock plummeting around 5% on Monday,…

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Facebook’s CEO, Zuckerberg Testifies Before US Senate Committees

LAGOS APRIL 10TH (NEWSRANGERS)-Facebook CEO and co-founder Mark Zuckerberg finally testified before the Senate Judiciary and Commerce Committees on Tuesday afternoon. Zuckerberg appeared in front of the Senate Judiciary and Commerce Committees and will appear before the U.S. House Energy and Commerce Committees on Wednesday to discuss Facebook’s (FB) role in the latest Cambridge Analytica…

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Zuckerberg Snubs UK Committee Hearing Invitation On Data Privacy

LAGOS MARCH 27TH (NEWSRANGERS)-Despite being asked, Mark Zuckerberg won’t attend a British parliamentary hearing about Cambridge Analytica’s data use. In a statement to Damian Collins, chair of Digital Culture Media and Sport Committee, Facebook’s head of public policy for the UK Rebecca Stimson outlined all the ways Facebook would change its course of action (like…

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Facebook Scandal: Mark Zuckerberg Apologizes In Full-Page Newspaper Ads

LAGOS MARCH 26TH (NEWSRANGERS)-Mark Zuckerberg, Facebook’s founder and CEO, issued a statement apologizing for “breach of trust” in the Cambridge Analytica scandal in full-page newspaper ads across major print publications on Sunday. The statement, signed by Zuckerberg, appeared in The New York Times, The Washington Post and The Wall Street Journal in the U.S., and…

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Zuckerberg Finally Speaks On Facebook Scandal

LAGOS MARCH 22ND(NEWSRANGERS)-Facebook Inc. Chief Executive Mark Zuckerberg acknowledged that his company “made mistakes” in protecting user data obtained by Cambridge Analytica, but said steps already taken and new policies unveiled Wednesday would prevent developers from misappropriating such information in the future. Part regret, part explanation and part announcement of strategies to come, Zuckerberg’s first…

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