I HAVE NO PLAN OF RETIREMENT: ZUCKERBERG

Mark Zuckerberg said he has no plan to step down
I HAVE NO PLAN OF RETIREMENT: ZUCKERBERG

Mark Zuckerberg born May 14, 1984, is an American technology entrepreneur and philanthropist. He is known for co-founding and leading facebook as its chairman and chief executive officer.

Born in White Plains New York, Zuckerberg attended Harvard University, where he launched Facebook from his dormitory room on February 4, 2004, with college roommates Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, and Chris Hughes originally launched to select college campuses, the site expanded rapidly and eventually beyond colleges, reaching one billion users by 2012. Zuckerberg took the company public in May 2012 with majority shares. His net worth is estimated to beus$61.4 billion as of October 19, 2018, declining over the last year with Facebook stock as a whole.

Since 2010, Time magazine has named Zuckerberg among the 100 wealthiest and most influential people in the world as a part of its person of the year award. In December 2016, Zuckerberg was ranked 10th on Forbes list of the world's most powerful people.

Investor pressurizes mark Zuckerberg to step down as facebook chairman as the social media firm faces but Mark Zuckerberg said he has no plan to step down.

This was not the time for him to quit as Facebook shares ended at $132.43-down 40% from its peak in July.

"That's not the plan. I m not going to do it forever, but I m not currently thinking to step down"

"I do run the company. I am responsible for everything that happens in the company.  I don't think this point was about a specific pr firm; it's about how we act."

Facebook hired a firm called Definers Public Affairs to retaliate against or spread inflammatory information about its critics.

Zuckerberg said there's no doubt that 'we missed something really important' when it came to the Russian interference during the 2016 US election.

"It was not something we were expecting I wish we understood it before 2016 before the Russians tried to do these information operations in the first place"

Last week Facebook investors increased pressure on Mark Zuckerberg to step down as chairman.

"Facebook is behaving like it's a special snowflake. It's not. It is a company and companies need to have a separation of chair and CEO.

"Facebook can avoid properly fixing problems inside the company".

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