Mark Zuckerberg refuses to resign despite Facebook crisis (CNN)

After spending much of this year apologizing for Facebook’s many missteps, CEO Mark Zuckerberg was defiant in an exclusive interview with CNN Business on Tuesday. Zuckerberg resisted growing calls for changes to Facebook’s C-suite, reiterated Facebook’s potential as a force…

Facebook sorry for ‘white supremacist ad’ (BBC)

Facebook has apologised after it approved an ad campaign targeted at people interested in a conspiracy theory favoured by white nationalists. News site The Intercept was able to launch a promotion aimed at 168,000 users interested in “white genocide.” Prosecutors…

Facebook builds a ‘war room’ (CNN)

Facebook has set up a “war room” at its California headquarters as part of its plans to avoid a repeat of the 2016 election, when misinformation was rampant on the platform. The room is designed to bring leaders from the…

UBA grows gross earnings by 16%, delivers 17% return on average equity

United Bank for Africa Plc, Africa’s leading financial institution, has announced its audited 2018 half-year financial results, showing strong growth across key performance metrics as well as a significant contribution from its African subsidiaries. Despite declining yield environment in two core…

Facebook takes down 652 pages, after finding disinformation campaigns run from Russia and Iran (CNN)

Facebook has taken down 652 pages, accounts and groups it says were part of a coordinated disinformation campaign. Some of the pages originated in Iran and Russia. The pages and groups were spreading misinformation in the United States, United Kingdom,…

Is this the end for Mark Zuckerberg?

THE CEO HAS changed. That’s no longer a secret. For the first time in history, chief executives and business leaders are virtually expected to be in the public eye, communicating with the customer and offering opinions on social and political issues.…

Facebook’s Mark Zuckerberg will testify in Congress on April 11 (NPR)

Facebook CEO Mark Zuckerberg will testify on Capitol Hill on April 11 before the powerful House Energy and Commerce Committee, to answer questions about how the company protects its users’ data. Multiple congressional committees have asked Zuckerberg to testify in…

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