Twitter, Facebook asked to disclose more information on fake news
Together the shareholders hold roughly $35 million worth of Twitter stock and roughly $1.1 billion of Facebook
Jan 12, 2018, 13:25 PM ISTFacebook shareholders propose reports on 'fake news', pay equality
Shareholders have proposed that Facebook Inc prepare a report on the threat to democracy and free speech from so-called fake news spread on the social media forum, and the dangers it may pose to the company itself, according to a proxy filing made on Friday.
Apr 15, 2017, 11:32 AM ISTFacebook investors OK new share class to keep Zuckerberg at helm
Facebook Inc shareholders approved a proposal to create a new class of non-voting shares, a move aimed at letting Chief Executive Officer Mark Zuckerberg give away his wealth without relinquishing control of the social media company he founded.
Jun 21, 2016, 01:46 AM ISTFacebook defeats shareholder litigation over IPO
A federal appeals court on Friday said Facebook Inc officials including Chief Executive Mark Zuckerberg cannot be sued by shareholders who said the social media company concealed threats to its growth prospects before its May 2012 initial public offering.
Jul 24, 2015, 23:39 PM IST