>Major Facebook shareholders want Mark Zuckerberg out as chairman
>A group of major shareholders jointly backed a proposal this week to replace Facebook CEO Mark Zuckerberg as chairman of the board with an independent official amid a string of PR gaffes and scandals.
>The shareholders include the state treasurers of Illinois, Rhode Island and Pennsylvania, as well as New York State Comptroller Scott Stringer and Trillium Asset Management, the firm that first proposed the move last June. They argue that Zuckerberg’s ouster “will be in the interest of shareholders, users, and our democracy.”
>“Facebook plays an outsized role in our society and our economy. They have a social and financial responsibility to be transparent – that’s why we’re demanding independence and accountability in the company’s boardroom,” said Stringer. “We need Facebook’s insular boardroom to make a serious commitment to addressing real risks – reputational, regulatory, and the risk to our democracy – that impact the company, its shareowners, and ultimately the hard-earned pensions of thousands of New York City workers.”
>As New York’s comptroller, Stringer oversees a position in Facebook worth more than $745 million, the Journal reported. The state treasurers oversee stakes worth a combined $32 million.
>The proposal to replace Zuckerberg is largely ornamental, given his control of roughly 60 percent of shareholder votes, according to the Wall Street Journal. Zuckerberg has come under unprecedented scrutiny this year after a series of data breaches and mounting concerns about foreign meddling on the social media platform.
what can they realistically do if he has a majority voting share
Josiah Edwards
tldr >we want to replace the alien with a stooge of ours
Brandon Perry
will change literally nothing.
Liam Wood
idk user, he's one of ((them)) and already seems pretty stooge-y to me as it is
Brandon Murphy
crash his stock maybe
Jaxon Green
>(((state treasurers of Illinois, Rhode Island and Pennsylvania, as well as New York State Comptroller Scott Stringer))) >"our democracy"
So they're planning on restricting free speech on the platform even more in an effort to manipulate elections. I guess twitter wasn't enough for (((them))).
>NYC not NYS comptroller, big difference >Its happening
Sebastian Green
Was it ever confirmed he got got by Yakuza?
Adam Hill
kill himself, hopefully.
Benjamin Perez
they only started caring when their little election went all fuzzy and 80 million people were breached
they still don't care about legally incompetent minors magically being able to agree to terms of service and participate
no wonder the world takes so long to improve at this level of stupidity
what will our future be when our children have been manipulated, traumatised, and screwed up
by social vomit media.
Alexander Howard
>Corporate politician buying fucks complaining about oligarchy and talking about 'exercising democracy' KEK I hope these guys all burn.
Dominic Taylor
>and our democracy.
>He didn't rig the election in our favor >so we need him out in the name of democracy
This post is a joke but they need to die
Lincoln Powell
The year is 2020, Zuck, after many repeated blackmail attempts and threats against his family has finally had enough, after accumulating vast swathes of wealth he decides it is time to let go of his company, but knows it will soon fall into the wrong hands if done the wrong way.
Crowds gather and a deep silence washes over the horde of eager journalists, mommy bloggers and facebook NPCs as Mark approaches the stager for one last time, "Facebook is going to be a GNU/linux-only program from now on, in the next few seconds the entire platform will be shifted and to use your account from now on, you will need to move away from windows or apple ecosystems".
The crowd begins to cry, most of then don't even understand the words he just used, Facebook stock plummets and the userbase begins to die off, both from suicide and lack of understanding.
A loud "oy vey" can be heard washing over the entire US of A as productivity worldwide surges to heights not seen since MySpace days. as the days of the social network are now over.
Slowly across the lands, numberous Jow Forums users leave their houses, and see the sunlight for the first time in over a decade...........
Josiah Hall
Sniff...that was beautiful user
Gabriel Cruz
I could almost feel the visuals in my brain, especially the last paragraph
Caleb Russell
tl/dr business people are nepotistic cronies who want one of their buddies running one of the highest value companies in the world instead of some outsider robot who accidentally made it
