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.
About 600 foreign students had enrolled with the fake university floated by the US authorities under a sting operation. More than 80 per cent of these students were from the two Telugu states of Andhra Pradesh and Telangana.
Facebook Inc said it restored services on Sunday after some users could not access its social networking site, photo-sharing network Instagram and messaging app 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.
AUSTIN: Adding to its already significant Austin presence, retail giant Amazon.com will add 800 tech-focused jobs at its hub in North Austin, company representatives told the American-Statesman. New employees will fill a 145,000-square-foot space Amazon has leased on four floors at Domain 10, a 15-story tower being built at the Domain, a North Austin business, shopping and restaurant development.
President His Highness Sheikh Khalifa Bin Zayed Al Nahyan, in his capacity as Ruler of Abu Dhabi, issued an Emiri Decree no. 5 for 2019 appointing an undersecretary of the Abu Dhabi Judicial Department.
With balancing a professional and personal life, maintaining a healthy lifestyle is not first on many people’s ‘to do’ list. Starting one’s day with a big mug of coffee loaded with sugar may not be the best thing to reach out for. Taking people away from this morning addiction, was guest chef June Lourd, who brought a power-packed smoothie recipe to audiences at the Sharjah Children’s Reading Festival (SCRF 2019)’s Cookery Corner.
Sharjah for Capability Development (SCD) has taken participants of the 11th annual Sharjah Leadership Programme (SLP) on site visits to a variety of UAE’s public and private sector entities.