Tuesday February 19, 2019
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Apple Moves up in The List of Top-Rated Employers

Facebook investors have increased pressure on Chairman and CEO Mark Zuckerberg to step down after a New York Times investigation suggested that the social network hired a Republican-owned political consulting and PR firm that "dug up dirt on its competitors"

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Apple
Apple lowers Q1 revenue guidance on slow iPhone sales.

Hit by users’ data scandals amid falling stocks this year, Facebook has lost the tag of best place to work in the US while Apple has moved up in the list of top-rated employers.

According to the leading job website Glassdoor’s annual “100 Best Places to Work in the US” list that came out on Wednesday, Boston-based management consulting firm Bain & Co. has been ranked No 1.

Facebook is now ranked No 7 — scoring 4.5 out of a perfect 5.

Apple moved up from No 84 to 71 with a score of 4.3. Microsoft moved up from No 39 to 34 as its score dropped from 4.4 to 4.3.

Microsoft-owned LinkedIn, however, is at sixth place with a score of 4.5, read the information on the Glassdoor website.

While Facebook was the best place to work in America last year, Cupertino-based tech giant Apple had tumbled to number 84 in 2017 from its 36th position in 2016.

Amazon didn’t even make it to the list, with an award score of 4.1, just outside of the top 100.

Apple, on the other hand, moved up in the ranking, from No. 84 to 71, though it maintained the same score of 4.3. Microsoft moved up in ranking from No. 39 to 34 on the list although their award score dropped from 4.4 to 4.3. Google was 8th while Salesforce came 11th.

Facebook
Facebook, social media. Pixabay

The Top-100 list by Glassdoor is for large organisations or those with at least 1,000 employees.

The Glassdoor list came at a time when media reports said several Facebook employees are looking for better opportunities as scrutiny of the company’s conduct rises following several cases of data leak and as its stock price take a beating.

According to a CNBC report earlier this week, Facebook employees are contacting former colleagues to look for jobs outside the company.

According to a report in the Wall Street Journal last month citing an internal survey at Facebook, just over half of Facebook employees (52 per cent) said they were optimistic about the future of the social networking platform — down by 32 per cent last year.

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Only 53 per cent of Facebook employees said the company was making the world better, which is 19 per cent lower than last year.

According to the report, Facebook’s “difficult year is taking a toll on employee morale, with several key measures of internal sentiment taking a sharp turn for the worse over the past year”.

Facebook investors have increased pressure on Chairman and CEO Mark Zuckerberg to step down after a New York Times investigation suggested that the social network hired a Republican-owned political consulting and PR firm that “dug up dirt on its competitors”.

Zuckerberg, however, has refused to quit. (IANS)

Next Story

UK Parliamentary Report Highlights Facebook Acting as ‘Digital Gangsters’

The report highlights Facebook documents obtained by the committee relating to a Californian court case brought by US-based app developer Six4Three.

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Facebook
Facebook App on a smartphone device. (VOA)

Lashing out at Facebook for behaving like “digital gangsters” in the online world, a UK parliamentary committee concluded that the social networking giant intentionally and knowingly violated both data privacy and anti-competition laws.

In its final report on Monday after an 18-month investigation into disinformation and “fake news”, the Digital, Culture, Media and Sport (DCMS) select committee of the UK Parliament called for stricter regulation to make Facebook end spread of disinformation on its platform.

“Democracy is at risk from the malicious and relentless targeting of citizens with disinformation and personalised ‘dark adverts’ from unidentifiable sources, delivered through the major social media platforms we use everyday,” Damian Collins, Chair of the DCMS Committee, said in a statement.

The report highlights Facebook documents obtained by the committee relating to a Californian court case brought by US-based app developer Six4Three.

Facebook
The now-defunct start-up Six4Three alleged that Facebook collected information on users and their friends through its apps. Pixabay

Through scrutiny of internal Facebook emails between 2011 and 2015, the report found evidence to indicate that the company was willing to override its users’ privacy settings in order to transfer data to some app developers.

The investigation found that Facebook was willing to charge high prices in advertising to some developers, for the exchange of data, and starve some developers – such as Six4Three – of that data, contributing to them losing their business.

The now-defunct start-up Six4Three alleged that Facebook collected information on users and their friends through its apps.

The report also named Facebook CEO Mark Zuckerberg who refused summons to appear before the committee three times.

“By choosing not to appear before the Committee and by choosing not to respond personally to any of our invitations, Mark Zuckerberg has shown contempt towards both the UK Parliament and the ‘International Grand Committee’, involving members from nine legislatures from around the world,” the report said.

 

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The report also named Facebook CEO Mark Zuckerberg who refused summons to appear before the committee three times. Pixabay

“Mark Zuckerberg continually fails to show the levels of leadership and personal responsibility that should be expected from someone who sits at the top of one of the world’s biggest companies,” Collins said.

Launched in 2017, the inquiry intensified after the Cambridge Analytica data-harvesting scandal became public.

 

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In the 108-page report, the UK lawmakers accused Facebook of continuing to prioritise shareholders’ profits over users’ privacy rights.

“We are open to meaningful regulation and support the committee’s recommendation for electoral law reform,” Karim Palant, Facebook’s UK public policy manager, was quoted as saying by The Guardian. (IANS)