When Fast Company first wrote about Mark Zuckerberg, in the spring of 2007, he was just 22 years old and his young company, Facebook, had just 19 million users. Our magazine cover line, “The Kid Who Turned Down $1 Billion,” seems almost quaint in hindsight, given Facebook’s $400 billion market cap today and its 2 billion global users. But it was Zuckerberg’s first cover, and a lot has transpired since then. I recently sat down with Zuckerberg at Facebook HQ—a sprawling campus that’s only a few miles from the company’s original Palo Alto offices but a world apart in scale and sophistication. Our meeting was not a nostalgic revisiting of the past, but part of an examination into what continues to drive Facebook in the present and what role it wants to play in the future. Fast Company’s newest cover story highlights Zuckerberg again, a decade later, under the headline “Put Your Values To Work.” In recent months, many companies and company leaders have struggled to align their social, political, and business priorities. Zuckerberg himself has been forced to grapple with controversies around “fake news” and “filter bubbles”—one of many topics we touched on. What follows is an edited transcript of our dialogue. While our cover story presents several different models for aligning a company’s values with its business, Zuckerberg explains here how and why Facebook’s core operations are mission-driven, what critics misunderstand about the company’s motivations, and why being a... Continue reading at 'Fast Company'
[ Fast Company | 2017-04-11 00:00:00 UTC ]
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Mark Thompson says site’s attempts to rank news outlets sounds like ‘controlled society’Facebook should consider completely removing news from users’ feeds unless it can find a way to avoid low-quality stories clogging up the site, the chief executive of the New York Times has said.Mark Thompson... Continue reading at The Guardian
[ The Guardian | 2018-08-03 00:00:00 UTC ]
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Facebook announced Thursday that it is pumping another $4.5 million into Facebook Journalism Project initiatives for news publishers. Global head of news Campbell Brown said in a blog post that Facebook will put $3.5 million toward the Facebook Membership Accelerator pilot program and contribute... Continue reading at AdWeek
[ AdWeek | 2018-08-02 00:00:00 UTC ]
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As gatekeepers to the news, Google and Facebook pose dangers to even the most successful outlets. Legislators need to speed the process of bringing them to heelAfter Europe’s top monopoly buster Margrethe Vestager fined Google more than $5bn for abusing its dominance over mobile phone... Continue reading at The Guardian
[ The Guardian | 2018-07-26 00:00:00 UTC ]
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Facebook announced last month that it was funding an initiative to create news shows from 10 to 12 U.S. publishers for its Facebook Watch video platform, and the first slate of those shows will begin streaming Monday, July 16. Head of global news partnerships Campbell Brown and product manager... Continue reading at AdWeek
[ AdWeek | 2018-07-12 00:00:00 UTC ]
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"Everyone who has seen 'The Social Network' knows the story of Facebook's founding," Adam Fisher writes at the start of "Sex, Beer, and Coding: Inside Facebook's Wild Early Days" in Wired. The article sets up an excerpt from "Valley of Genius: The Uncensored History of Silicon Valley," Fisher's... Continue reading at Advertising Age
[ Advertising Age | 2018-07-11 00:00:00 UTC ]
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Google and Facebook are making a big show of demonstrating their interest in helping news publishers. The post Will Facebook and Google really help drive subscriptions? appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2018-07-05 00:00:00 UTC ]
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Archive of political content becomes batleground between publishers and platformsGeorge Orwell wrote in his essay Politics and the English Language: “In our age there is no such thing as ‘keeping out of politics’. All issues are political issues.” When Facebook constructed a new archive of... Continue reading at The Guardian
[ The Guardian | 2018-06-24 00:00:00 UTC ]
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Two new surveys suggest the public still value traditional news publishersWhen you try to imagine a media diet consisting only of retweets, random blogs or the Facebook posts of family and friends, you grasp the value of journalism created by professional media organisations. Traditional news... Continue reading at The Guardian
[ The Guardian | 2018-06-17 00:00:00 UTC ]
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Facebook head of global news partnerships Campbell Brown explained in a blog post why news publishers will not be exempted from the social network's recent introduced policy on political ads. Facebook announced last month that all election-related and issue ads in the U.S. on both Facebook and... Continue reading at AdWeek
[ AdWeek | 2018-06-15 00:00:00 UTC ]
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News organizations want Facebook to stop treating them like political and issues-based advertisers, claiming that the social network's new rules could negatively impact how the public views journalism.On Monday, media advocacy groups addressed a letter to CEO Mark Zuckerberg requesting that... Continue reading at Advertising Age
[ Advertising Age | 2018-06-12 00:00:00 UTC ]
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Facebook is paying news publishers, but the terms show the power is still with the platform. The post The Rundown: With Watch news shows, Facebook still holds the cards appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2018-06-07 00:00:00 UTC ]
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The Wall Street Journal published a bombshell story on Tuesday about what reporters Kirsten Grind and Deepa Seetharaman call “the messy, expensive split between Facebook and WhatsApp’s founders.” The dishy piece makes for great reading. (Do the multi-billionaire founders of global communications... Continue reading at Slate
[ Slate | 2018-06-06 00:00:00 UTC ]
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This year’s PEN America–hosted BookExpo panel saw journalists and a civil rights activist debate the meaning of free speech in an era of “fake news” and deep racial tensions. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-05-31 00:00:00 UTC ]
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This year's event raised more than $2.2 million to support free expression, and Publisher Honoree Carolyn Reidy of S&S delivered an address citing the importance of protecting "unfettered discourse." Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-05-24 00:00:00 UTC ]
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Last month, Facebook published its internal community enforcement guidelines for the first time and today, the company has provided some numbers to show what that enforcement really looks like. In a new report that will be published quarterly, Facebo... Continue reading at Engadget
[ Engadget | 2018-05-15 00:00:00 UTC ]
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The California State Teachers Retirement System, which carries a huge amount of stock market clout as the state’s second largest public pension fund, recently had some very harsh words for Facebook, one of its largest investments. In an op-ed published Wednesday in the Financial Times, Aeisha... Continue reading at Los Angeles Times
[ Los Angeles Times | 2018-05-12 00:00:00 UTC ]
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Back in January, Facebook announced that it would henceforth de-emphasize posts from brands and publishers in users’ news feeds in favor of ones from friends and family. Media organizations—which have long been dependent on Facebook for traffic, albeit more than a trifle embarassed by that... Continue reading at Fast Company
[ Fast Company | 2018-05-02 00:00:00 UTC ]
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MoneySavingExpert founder says firm failed to stop false adverts luring victims into scamsMartin Lewis, the consumer advice and money-saving expert, is suing Facebook for defamation after it published dozens of fake adverts featuring his face and name. He is seeking exemplary damages in the high... Continue reading at The Guardian
[ The Guardian | 2018-04-23 00:00:00 UTC ]
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Facebook has been fighting fake news for a while now, ranking "trusted" sources and demoting "engagement bait" stories. Last October, the company began testing a feature that provided information on article publishers to help people decide which sour... Continue reading at Engadget
[ Engadget | 2018-04-03 00:00:00 UTC ]
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