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Facebook CEO Mark Zuckerberg Reaches Out to Microsoft President For Help

A recent CNBC report claimed that Facebook employees were contacting former colleagues to look for jobs outside the company

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Facebook's CEO Mark Zuckerberg. VOA

Embroiled in massive data scandals amid losing stock and market cap, Facebook CEO Mark Zuckerberg has reportedly spoken to Microsoft President Brad Smith exploring the possibility of him joining the social networking platform and bring it back to glory.

According to a report in The Information on Monday, Zuckerberg spoke directly to Smith on how to build trust at Facebook.

“While the conversation didn’t involve a formal job offer, Mr. Smith still felt compelled to let Mr. Zuckerberg know he was happy at Microsoft and had no desire to leave,” the report said, quoting a person familiar with the talks.

According to the report, Mark Zuckerberg usually seeks advice from billionaire Microsoft co-founder and philanthropist Bill Gates.

Another report from Wall Street Journal claimed last month that Gates suggested to Zuckerberg that Facebook consider hiring someone with a profile like that of Smith who can tackle regulators and lawmakers around the world — gunning for Facebook over frequent users’ data breaches and a recent expose of internal emails.

Facebook and Microsoft were yet to comment on the reports.

A New York Times investigation last month suggested that the social network under Chief Operating Officer (COO) Sheryl Sandberg hired a Republican-owned political consulting and PR firm that “dug up dirt on its competitors” including Soros.

Mark Zuckerberg
Facebook CEO reaches out to Microsoft President for help: Report. Flickr

Reacting to the report, Mark Zuckerberg and Sandberg denied they had any prior knowledge about this firm.

Later, Facebook’s outgoing Head of Communications and Policy Elliot Schrage took the full responsibility for hiring the political consulting and PR firm Definers Public Affairs.

Facebook has also lost the tag of best place to work in the US.

According to the leading job website Glassdoor’s annual “100 Best Places to Work in the US” list, Facebook is now ranked No 7 — scoring 4.5 out of a perfect 5.

Also Read- Actress Katrina Kaif Feels Herself Fortunate For Everything She Has Gone Through

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 takes a beating.

A recent CNBC report claimed that Facebook employees were contacting former colleagues to look for jobs outside the company. (IANS)

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Facebook Loses its Place Among the World’s 10 Most Valuable Brands

Only 28 per cent of Facebook users believed the company is committed to privacy, down from a high of 79 per cent

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Corporate, America, Climate Change
FILE - In this April 30, 2019, file photo, Facebook stickers are laid out on a table at F8, Facebook's developer conference in San Jose, Calif. The Boston-based renewable energy developer Longroad Energy announced in May that Facebook is building a… VOA

Hit by privacy scandals and year-round investigations, Facebook has lost its place among the world’s 10 most valuable brands in global brand consultancy Interbrand’s annual ranking of best top 100 brands.

Facebook fell to the 14th spot. Two years back, the social networking giant was at the eighth spot in the list, billed as a “rapidly appreciating” brand.

Apple led the top 100 best brands’ list, followed by Google and Amazon. Microsoft was the fourth, Coca Cola fifth and Samsung came sixth on the list.

The seventh spot was grabbed by Toyota, Mercedes was the eighth, McDonald’s ninth and Disney was at the 10th spot.

Pitching for breaking up Facebook, US-based software giant Salesforce CEO Marc Benioff has called the social networking platform “new cigarettes” which are making kids addictive. Benioff said that the company must be held accountable now.

Several US lawmakers like Senators Kamala Harris and Elizabeth Warren have also been pitching to break up Facebook.

Fake, News, WhatsApp, Facebook, India
The Facebook mobile app on an Android smartphone. Wikimedia Commons

Nearly 40 state attorneys general in the US have decided to join probe against Facebook’s anti-competitive business practices.

Facebook this year agreed to pay $5 billion as a settlement to the US Federal Trade Commission (FTC) over privacy violations.

According to a survey by independent research firm Ponemon Institute in 2018, users’ confidence in Facebook plunged by 66 per cent after Cambridge Analytica data scandal involving 87 million users.

Also Read: Apple Users can Now Report Accidents, Traffic on Google Maps

Only 28 per cent of Facebook users believed the company is committed to privacy, down from a high of 79 per cent.

“We found that people care deeply about their privacy and when there is a mega data breach, as in the case of Facebook, people will express their concern. And some people will actually vote with their feet and leave,” Ponemon said in a statement. (IANS)