1. Another Facebook Investor Turned up the Heat on Mark Zuckerberg for Running the Company Like a 'Dictatorship'

    Another Facebook Investor Turned up the Heat on Mark Zuckerberg for Running the Company Like a 'Dictatorship'

    Reuters

    • Another Facebook shareholder has called on the company to overhaul its governance after the Cambridge Analytica data scandal.
    • The California State Teachers' Retirement System said Facebook's dual-class share structure means the firm operates like a "dictatorship."
    • Other shareholders have called on CEO Mark Zuckerberg to resign as chairman because he has too much control over the company...
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  2. Quotes

    1. Why does Mr Zuckerberg need the entrenchment factor of a dual-class structure? Is it because he does not want governance to evolve with the rest of his company? If so, this American dream is now akin to a dictatorship.
    2. It is time to get serious; it is time to act like an adult.
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