Sheryl Sandberg, Facebook's Chief Operating Officer has donated 290,000 shares of company stock to different charities. The amount the shares are worth is approximately $31 million.
Reported by a source, familiar with the plans of Sandberg, most of the money will go to different empowerment groups for women and Lean In, the nonprofit organization and online community dedicated to helping all women achieve their ambitions. It was founded by Sandberg.
Facebook's IPO may have been more than three years old but lawsuits related to it are still not over, as a lot of people feel as if they were defrauded and are still looking for getting their money back.
A statistical data released by Facebook on Thursday revealed that it the social network has close to twenty million users in the key African markets including Nigeria and Kenya. Most of the users access their profiles on the social networking site through their phones and tablets.
As for South Africa the number of active Facebook users is twelve million according to the data and most of them connect through either desktop computers or laptops.
Is Facebook shifting from socializing to e-shopping?
Facebook has been testing a system that allows e-commerce on its pages. It is being called F-commerce and Facebook is trying it out with a few companies without naming any.
As per Glassdoor, a jobs-related website based in the United States, that compiles the employee ratings, Facebook, Google and Costco the wholesale retailer proffer the finest pay and benefit packages to their employees in the US.
Besides Costco, whose liberal social benefits are prominent, four out of the five top most employers are all high-tech firms says the survey.
Another Facebook application introduced to the online world today intended to customize and recreate the feeling of suffering from the memory disorder called dementia.
FaceDementia, the new app put out by Alzheimer's Research UK, incidentally saddles a Facebook client's photographs, loved pages, statuses and highlights the key points of interest of their life.
According to a recently-published post on Facebook's official business blog, the social network is set to introduce the first substantial change to its format for desktop ads. In the new format, Facebook will essentially make a change to the ads appearing in the right-hand column of the desktop version of the social networking site.
- Key Interest Rates Unaltered and Mortgages Get Cheaper
- November Home Sale Prices Moved up in November by 5.3 Percent
- Hyatt’s Malware Attack Affects Properties in India too
- London’s Expensive Property Market Advertises Cheapest Flat for about £75,000
- Slow Down in Housing Market Could be a Drag on Canada’s Economy
- Record Profit for American Airlines in 2015
- Soft Patch for the U.S. Economy in 2015, Q4 with Inventory Stockpile and Slowing Global Demand
- Oil Futures Scale on Hopes of Reduced Supply as Russia Plans to Talk to OPEC Members
- Amazon’s Quarterly Result Misses Expectations; Shares Drop
- Social media to blame for sleep disturbances, study