Facebook CEO Mark Zuckerberg still owns 28.4% of Facebook despite the huge amount of money the company has raised, according to the company's S-1 filing.
That amounts to 534 million shares.
If Facebook is worth between $75 billion and $100 billion (we'll call it $87.5 billion), that's worth $24.7 billion.
Please follow SAI on Twitter and Facebook.
Telecom Regulatory Authority of India (TRAI) announced Monday that it will prohibit service providers from taking part in free data programs based on content.Facebook CEO Mark Zuckerberg says that the company is still "committed" to "working to break down barriers to connectivity" in India, even though the country just effectively blocked part of its plan to provide free internet access to.
At Facebook's F8 conference today, Mark Zuckerberg talked a lot about bringing people together, and giving everyone access to share virtually anything. He then went on to talk about how widely-used their Messenger app is, going so far as to point out that the company is delivering a higher volume of messages every day, than phone companies transmit SMS messages.
There was no tool where you could go and learn about other people. I didn’t know how to build that so instead I started building little tools," Zuckerberg told Dpfner.He built a small tool called Coursematch where people could list what classes they were taking. He did build the Facematch tool, as seen in "The Social Network," but that was just a prank, he says.
Bill Gates became the youngest billionaire ever in 1987 at 31. In 2008, Mark Zuckerberg took that title when he reached billionaire status at 23.But not all of today's wealthiest entrepreneurs saw such success at a young age: Larry Ellison was 42 when he made his first million and 49 when his net worth reached the seven-figure mark.
As the yeardraws to a close, analyst Mark Mahaney withRBC Capital Markets predicts that Instagram will be the "story of 2016" for Facebook. Ad revenue from the photo-sharing site that Facebook bought in 2012 will be "almost easy money," Mahaneysaid at Business Insider's IGNITION conference earlier this month.
It isn't unusual for Samsung to summon experts and giant personalities on stage to help it market its newest smartphones. But when it comes to its VR products, it needed a stronger push. When it first unveiled the Gear VR, it had game development luminary John Carmack of DOOM fame make the tech spiel. This year, Carmack's boss is the one doing the talking.
We admire Priscilla Chan and Mark Zuckerberg’s vision of an interconnected world where all people have a chance to make the most of their talents," Melinda and Bill Gates wrote in praise of the couple's appearance on Time's list of the 100 most influential people.
You could soon start talking to your favorite movie star, politicianor other big celebrity on Facebook's Messenger. Or at least, you might be able to talk to the celebrity's "chatbot." Chatbotsare pieces of software that live inside messaging apps, answering questions posed to them by humans and handling certain tasks, like making dinner reservations.
Facebook has finally unleashed Messenger Platform , letting developers build chatbots — intelligentsoftwarethat lets you get stuff done just by sending text messages. It's a big moment for chatbots, which tech luminaries like Microsoft CEO Satya Nadella and former Evernote CEOPhil Libin praise as the next big thing in computing.
Mark Zuckerberg reached billionaire status at the ripe age of 23, becoming the youngest self-made billionaire in history — today, the 31-year-old Facebook cofounder and CEO's estimated wealth is $45 billion. He's not the only self-made billionaire under age 35.
Mark Zuckerberg showed off an internal Facebook-only version of its iPhone app during a live video this week, as part of the introduction of Facebook'slive-broadcasting feature. As previously noticed by The Verge , the app includes several features that you can't get on the normal iPhone app.
And after reaching the billion count for most of its users metrics, Facebook is getting even closer to breaking that figure for monthly daily users, which clocked in at 989 million (a 24 percent bump from last year). Indeed, mobile continues to be Facebook's biggest area of growth -- it also saw a 21 percent jump in people using the service monthly, reaching 1.51 billion.
Facebook is opening up Facebook Live, its live-streaming platform, to third-parties, and DJI is already baking it into streaming drones. The new functionality was announced at F8 2016, Facebook 's annual developer event, with company founder and CEO Mark Zuckerberg sharing the stage with a prototype drone that can beam video from its onboard camera direct to viewers watching live.
MENLO PARK, Calif. — When Facebook releases its fourth-quarter earnings results on Wednesday, it is likely to announce it shows well over eight billion videos a day. It is certainly a big number, but video is most likely a means to an end for Facebook.
an engineer will be interviewed by a fellow engineer rather than by a recruiter who knows nothing about programming."It's very much a two-way street," Kalinowski said. "They can find out more about us, and we can find out more about them."Facebook is not only the best place to work in America — it's one of the most desirable employers in the world.
It would appear that Republican Senator John Thune has a problem with how Facebook may or may not filter its news feed. After a story on Gizmodo suggested that "several former unnamed Facebook employees" spoke about surpressing "conservative viewpoints" and "artificially highlighted other news stories" - words from Thune's press release .
1,252,724 in "all other compensation," for a total pay package of $18,698,969.COO Sheryl Sandberg is so crucial to Facebook and its future that the social network spent over $1.2 million to protect her in 2015. This is the first time a security detail for Sandberg has been reported.
The flying saucer-shaped rig has 14 cameras around its edge, one fish-eye camera pointing up and two cameras pointing down. Facebook says the camera produces "truly spherical video." And thanks to the amount of cameras on the rig, it captures the stereoscopic images needed for 3D. The software will stitch together the video in 4K, 6K and 8K for each individual eye for stereoscopic playback.