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Mark Zuckerberg has sold $357 million of stock this month, part of plans to unload up to $12 billion
Mark Zuckerberg has sold $356.8 million worth of Facebook shares in February, part of plans to unload up to $12.5 billion in stock.
A long, long time ago, in a land far, far away…
…like last month, Mark Zuckerberg, the CEO of Facebook who knew his company had been once again targeted for misuse of privacy data and manipulation sold off enough stock to equal the net worth of small countries.
The timing couldn’t have been better.
Calls for him to step down as he continues to answer questions about what happened and offer apologies… AFTER cashing in his stocks. $356.8 Million dollars worth of them.
I wonder of those new investors will be suing for insider trading. I also wonder if the SEC will be investigating. Martha Stewart can give Mark Zuckenberg some tips, I’m sure.
Will Elon Musk’s brisk and final removal of SpaceX and Tesla Facebook Pages affect Facebooks credibility and membership count?
Is today’s Facebook tomorrow’s Myspace?
You may ask?
After having deleted and reported hundreds of fake profiles as well fake news and then go through the trouble of blocking fake accounts, Facebook required me to prove I was human.
Annoyed, just before the announcement of yet another security breach with far reaching implications, I annoyingly announced Facebook was no longer relevant on my profile with “Later Gator!” as a closing remark. Yet I stayed, because this is how I communicate with family, until the next new social media perk comes along to teach my dad.
But I digress.
Read my next post on Mark Zuckerberg’s use of insider information to sell off his shares of stock. When the CEO of a company bails…it’s time to listen.
A company linked to the Chinese government will operate the service in China from 28 February.
As of February 28, 2018, your iphone iCloud service will be operating from China and will be serviced by a Chinese company linked to the Chinese government.
If you wonder how this could affect your privacy, it may surprise you to know that the very back door key that Apple refused to hand over to the FBI even if it meant fighting the FBI in court, will now be in the hands of the Chinese government as well.
What are the implications to the average business owner who owns and uses an iphone for business or pleasure?