Facebook shareholders

Twitter, Facebook asked to disclose more information on fake news

Together the shareholders hold roughly $35 million worth of Twitter stock and roughly $1.1 billion of Facebook

Jan 12, 2018, 13:25 PM IST

Facebook shareholders propose reports on 'fake news', pay equality

Shareholders have proposed that Facebook Inc prepare a report on the threat to democracy and free speech from so-called fake news spread on the social media forum, and the dangers it may pose to the company itself, according to a proxy filing made on Friday.

Apr 15, 2017, 11:32 AM IST

Facebook investors OK new share class to keep Zuckerberg at helm

Facebook Inc shareholders approved a proposal to create a new class of non-voting shares, a move aimed at letting Chief Executive Officer Mark Zuckerberg give away his wealth without relinquishing control of the social media company he founded.

Jun 21, 2016, 01:46 AM IST

Facebook defeats shareholder litigation over IPO

A federal appeals court on Friday said Facebook Inc officials including Chief Executive Mark Zuckerberg cannot be sued by shareholders who said the social media company concealed threats to its growth prospects before its May 2012 initial public offering.

Jul 24, 2015, 23:39 PM IST