April 20, 2024 00:09 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
'Opposition got donations through bonds, is that extortion as well?' Amit Shah slams Rahul Gandhi | Millions of Indians vote in the biggest phase of Lok Sabha polls, 60.03 pct turnout recorded | India votes in first phase of Lok Sabha elections, approximately 60 percent voting recorded across 102 seats till 5pm | Maldives opposition demands President Muizzu's impeachment over leaked reports alleging corruption by him | AAP claims conspiracy to kill Arvind Kejriwal after mango eating row
Facebook investors increase pressure on CEO Zuckerberg to step down, says report

Facebook investors increase pressure on CEO Zuckerberg to step down, says report

India Blooms News Service | @indiablooms | 19 Nov 2018, 06:09 am

Washington, Nov 19 (IBNS): Facebook investors have increased pressure on the social media site's Chief Executive Officer (CEO) Mark Zuckerberg and asked him to step down after a New York Times report suggested the company has hired a Republican-owned political consulting and PR firm, media reports said.

The report has emerged after New York Times did a detailed investigation.

According to The Guardian, Jonas Kron, senior Vice-President at Trillium Asset Management, asked Zuckerberg to step down.

Kron has been quoted by The Times Of India as saying, "Facebook is behaving like it's a special snowflake. It's not. It is a company and companies need to have a separation of chair and CEO."

Addressing the press, Zuckerberg denied any such claims.

The Facebook CEO has been quoted by The Times Of India as saying, "After reading the article, I got on the phone with our team and we are no longer working with this firm."

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.