Facebook’s indie owners send upside-down message

June 22, 2016

Shareholders not named Mark Zuckerberg gave more likes than frowny faces to just three members of the board. Puzzlingly that included Gawker-hunter Peter Thiel and not key executives like COO Sheryl Sandberg. It’s a head-scratcher probably explained by investors ticking boxes.

from Viewsroom:

Viewsroom: Apple, Facebook and Uncle Sam should just say “no”

May 27, 2016

The iPhone maker's brush with a bid for Time Warner suggests it's tempted by bad ideas, while Peter Thiel's backing of the Hulk Hogan suit against Gawker clouds his role as a Facebook director. Plus: Nixing a Lockheed-Boeing rocket contract in favor of SpaceX is a no-brainer.

Facebook has new free-speech problem: Peter Thiel

By Rob Cox
May 25, 2016

The venture capitalist has been revealed to be a secret backer of Hulk Hogan’s lawsuit against Gawker. That calls into question his media neutrality just as the social network is under fire for bias. As a director, Thiel’s First Amendment position is at odds with Facebook’s.

Viewsroom: Healthcare M&A, Climate change, Silicon Valley earnings

April 29, 2016

Abbott, AbbVie and Sanofi are each paying up for takeover partners, while protecting the planet could be the investment deal of the century. Plus: Facebook forges ahead while Apple ambles.

Cox: What Mark Zuckerberg could learn in Quebec

By Rob Cox
April 28, 2016

The founders of mini-mart leviathan Couche-Tard devised a clever way to balance supporters and detractors of dual-class stock by eliminating voting rights over time. The idea would suit Facebook and many others, if only bad tendencies fueled by ego could somehow be overcome.

Viewsroom: Coal bust, Bank earnings, Millennial media

April 15, 2016

Peabody Energy's bankruptcy gives Big Oil a glimpse into the future, while energy losses are just one issue U.S. lenders have to contend with. Plus: startup news outlets face age-old problems.

Facebook mobile growth accelerates down open road

January 27, 2016

Revenue from smartphone and tablet ads grew a whopping 81 pct last quarter year-over-year, accounting for most of the social-media giant’s $5.8 bln total revenue. With companies getting more comfortable touting wares on digital devices, Facebook still has plenty of room to expand.

Zuckerberg’s supervoting shares prove double-edged

December 2, 2015

Investors may one day regret the founder’s grip on Facebook. For now, though, it allows him to retain control while starting a long process of giving away 99 pct of his $45 bln of stock. The beneficiaries of Zuckerberg’s charity will see the silver lining to the governance flaw.

Mark Zuckerberg raises philanthropic bar to 99 pct

By Rob Cox
December 1, 2015

It’s not disruption, but Facebook’s founder has built on The Giving Pledge championed by Warren Buffett and Bill Gates. Zuckerberg will give away nearly all his wealth, not half, in his lifetime. After moving fast and breaking things, he’s moving judiciously and learning things.

Tech crunched between clashing U.S.-EU privacy law

November 10, 2015

Facebook got dinged in Belgium for secretly tracking visitors, while Spokeo’s similarly nosy conduct will probably go unpunished in America. Yet in neither case could victims prove they were harmed. The disparate outcomes highlight the need for more uniform data-gathering rules.