Mark Zuckerberg continues to look like someone who has been bitten by a zombie and is desperately trying to hide the fact he’s infected.
Selling off personal information for democratic manipulation and the spread of fake news all the while draining newspapers of revenue to fund critical journalism, Facebook has bypassed gatekeepers and allowed an interconnectedness few dreamed of, but has Mark Zuckerberg finally gone too far?
Facebook investors call for Mark Zuckerberg to resign as chairman
Facebook investors have called on the company’s chief executive Mark Zuckerberg to step down as chairman, following reports that the company hired a public relations firm to smear its critics by drawing links to George Soros.
The attack on Zuckerberg is set to complicate the daunting challenge facing Sir Nick Clegg, Facebook’s new global head of policy and communications, who joined last month and has been asked to conduct a review of Facebook’s use of lobbying firms.
Jonas Kron, a senior vice president at Trillium Asset Management, a US investor which owns an £8.5 million (NZ$15.86m) stake in Facebook, last night called on Zuckerberg to step down as board chairman in the wake of the report.
“Facebook is behaving like it’s a special snowflake,” he said. “It’s not. It is a company and companies need to have a separation of chair and CEO.”
Both Zuckerberg and Sir Nick have been under pressure following reports Facebook hired Definers, a Republican public relations firm, to help repair its battered reputation following intense criticism of the social media platform’s handling of a scandal over Russian interference in the 2016 US elections and the Cambridge Analytica scandal.
Definers allegedly encouraged the depiction of Facebook’s critics as anti-Semites and had published news articles criticising Facebook’s competitors. The business has also been accused of attempting to encourage journalists to report that anti-Facebook groups were linked to Soros.
…ahhh, when in doubt, scream anti-semite.
Smearing Facebook critics as linked to Soros and hating Jews is charming but if anyone else had pulled a stunt like this, they would be gone, Facebook somehow manages to remain untouched.
A reckoning may be looming, Facebook is in the whirlpool of tech market meltdowns at the moment and the magnitude of regulation many Governments now want to force upon Facebook suggests Zuckerberg’s dream run could be coming to an end.