Facebook CEO Zuckerberg's Compensation Up By 54% In 2017

Galtero Lara
Abril 16, 2018

Appearing on the "Democracy Now!" news hour, Tufekci said: "We don't really need Mark Zuckerberg to explain the very basics of Facebook to a bunch of senators who don't seem to even understand that".

The compensation costs include the security provided at Zuckerberg's home and during travel and the expense incurred from his private air travel.

Zuckerberg made it clear in his Capitol Hill testimony that "there will always be a version of Facebook that is free". Thomas Edison famously said that genius is one per cent inspiration and ninety-nine per cent perspiration, and Zuckerberg qualifies.

The founder of social networking giant continued to earn a base salary of $1 with no bonuses or stock awards. Ever since the scandal came to light in February, Facebook has been having a tough time dealing with accusations that the company was responsible for the leak of personal data of millions of users. The incident wiped off billions from Zuckerberg's wealth while Facebook's stock prices slumped in a week. Revelations about Facebook's role in the exploitation of user data by a company called Cambridge Analytica to support the presidential campaign of Donald Trump, as well as the outcome of the Brexit vote - the referendum leading the United Kingdom to leave the European Union - have provoked widespread calls for tough, new data privacy laws.

On his Facebook page, Zuckerberg also announced that the company would be launching a central hub to enable users to control the information they share on the site, including political preferences and other interests. The data he transferred is utilized to make shadow profiles for both Ijaz and Sadia - so that if either goes along with, they will be recommended Ali as a companion. They buy information from data brokers to understand non-Facebook behavior. How do we deal with the new public sphere as it operates?' " She added: "People mistakenly think that Facebook sells your data.

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Technically, Facebook's users can turn off targeted advertisements or disable sensitive features such as image recognition in photos. I probably post more than some but a lot less than others. Facebook also had my entire phone book, including the number to ring my apartment buzzer. "Now that advertisers are realising they can use this information, they are getting more aggressive about how they use it".

"As the chief law enforcement officers of our respective states, we place a priority on protecting user privacy, which has been repeatedly placed at risk because of businesses' failure to properly ensure those protections", the group wrote.

Elsewhere, a prominent Democratic digital ad consultant notes that Facebook hasn't reached out directly to communicate any of the changes it's making - whether by phone, email or Facebook - despite the fact he spent more than $1 million on Facebook ads a year ago. There was one ad category they had, which was a person who likes to pretend to text in awkward situations. Apparently Facebook doesn't read the "terms for use" either. Why should Facebook remember the people I've cut off from my life? The vast majority of members are no longer receiving notification of any kind that we are holding Facebook Live sessions.

The wholesale, planet-wide exploitation of personal data has dark implications, Tufekci said: "We could enter into a phase of "surveillance authoritarianism, ' where we don't face (George Orwell's) '1984" model, where there's open totalitarianism, where we're dragged off in the middle of the night". This merchandise, which we have all entrusted to Facebook, once broken, is not easily fixed. Zuckerberg stopped well short of that, but expressed willingness to work with Senators on legislation. In the end, despite Zuckerberg's protests, Facebook feels like it pretty much has the monopoly. And Facebook's plan - notifying users whose data were shared and teaching others how to "secure their account and data" - is like shutting the barn door after the horse has bolted.

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