Facebook's founder and CEO Mark Zuckerberg speaks to the media in Paris. File/Reuters
Facebook Inc more than doubled the money it spent on Chief Executive Officer Mark Zuckerberg's security in 2018 to $22.6 million, a regulatory filing showed on Friday.
Zuckerberg has drawn a base salary of $1 for the past three years, and his "other" compensation was listed at $22.6 million, most of which was for his personal security.
Nearly $20 million went toward security for Zuckerberg and his family, up from about $9 million the year prior. Zuckerberg also received $2.6 million for personal use of private jets, which the company said was part of his overall security programme.
Facebook has in the past few years faced public outcry over its role in Russia's alleged influence on the 2016 US presidential election and has come under fire following revelations that Cambridge Analytica obtained personal data from millions of Facebook profiles without consent.
Chief Operating Officer Sheryl Sandberg took home $23.7 million in 2018 compared to $25.2 million last year.
Separately, Facebook said Netflix Chief Executive Officer Reed Hastings would vacate his seat on the social media company's board and not be nominated for re-election.
Hastings' departure comes as the Menlo Park-based company beefs up its push into videos. Hastings has served on Facebook's board since 2011.
The company also said it would nominate PayPal's senior vice president of core markets, Peggy Alford, to its board in place of University of North Carolina President Emeritus Erskine Bowles, who will also not be re-nominated.
Facebook shares closed at $179.07 on Friday evening.
By posting derogatory comments about female Hispanic lawmakers, including Alexandria Ocasio-Cortez, the outspoken Democratic congresswoman from New York and using the account to make memes and demean others, this group that currently has the US Border Patrol agents is filled with racism.
According to outage tracking website Downdetector.com more than 14,000 users reported issues with Instagram, while more than 7,500 and 1,600 users reported issues with Facebook and WhatsApp,
Facebook Inc said on Wednesday it may have "unintentionally uploaded" email contacts of 1.5 million new users since May 2016, in what seems to be the latest privacy-related issue faced by the social media company.
Saudi King reaffirms Kingdom's ability to deal with the effects of cowardly attacks which do not only target vital installations of the Kingdom, but also target global oil supplies.
Key stakeholders in child welfare have strongly recommended a more socially-driven and collaborative approach to create community awareness to ensure child safety.
Hazza Al Mansoori said, “This mission is a great responsibility upon me, through which and the other future missions, I will do my best to help enrich science and knowledge with scientific experiments that will be conducted on the ISS in partnership with the competent teams from different countries.”
Dr Abdulaziz Almusallam, Chairman of the Sharjah Institute of Heritage (SIH), revealed details of the 19th edition of the Sharjah International Narrator Forum at a press conference organised by the institute on Tuesday morning in the SIH offices. The forum is expected to commence on Sept.24 at the Sharjah Expo Center and will last for three days.