Wednesday, December 15, 2010

Time's Person of the Year 2010 Is Facebook CEO Mark Zuckerberg

Time Magazine has named Mark Zuckerberg Time's Person of the Year, according to the article below. The online vote for Person of the Year was won handily by Julian Assange, but the prize was given to the Facebook founder instead.




Mark Zuckerberg, Facebook CEO, named Time's Person of the Year 2010:
washingtonpost.com Wednesday, December 15, 2010; 12:11 PM

Time magazine has named Mark Zuckerberg, Facebook founder and CEO their Person of the Year 2010. As Hayley Tsukayama reported:

Time magazine named Facebook founder and CEO Mark Zuckerberg Person of the Year for 2010. Zuckerberg, 26, owns about a quarter of Facebook's shares and is, to quote Time, "a billionaire six times over."
After pledging earlier this year to give $100 million to the Newark, N.J., school system, Zuckerberg last week joined the Giving Pledge--the effort led by Microsoft founder Bill Gates and investor Warren Buffett to convince some of the country's richest to give away most of their wealth. Others that have joined the campaign include New York Mayor Michael Bloomberg, media titan Barry Diller, CNN founder Ted Turner and filmmaker George Lucas.
On his Facebook page, Zuckerberg on Wednesday commented that "Being named as Time Person of the Year is a real honor and recognition of how our little team is building something that hundreds of millions of people want to use to make the world more open and connected. I'm happy to be a part of that."
As Melissa Bell explained, the online vote for Person of the Year was won handily by Julian Assange, but the prize was given to the Facebook founder instead:
Despite Julian Assange handily winning the online vote, the editors of Time opted for Mark Zuckerberg, the CEO of Facebook, as their person of the year. The editor's letter said, "There is an erosion of trust in authority, a decentralizing of power and at the same time, perhaps, a greater faith in one another," and that Zuckerberg is at the center of these changes

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Sunday, December 12, 2010

A Microsoft Corporation Takeover Bid For Facebook?

 It appears that there is a potential takeover bid in the works for Facebook by Microsoft Corporation, according to the article below. A merger of these two giants has a magnitude almost impossible to imagine. Facebook and Google are among the top-visited websites in the world. Think of the potential of advertising to these two combined. It boggles the mind.
    . . . June

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More Microsoft Corporation (NASDAQ:MSFT) Facebook Details:
Emoneydaily.com - Posted on 12 December 2010 by Felice Medders

More info about the potential Microsoft Corporation (NASDAQ:MSFT) takeover bid for Facebook have emerged.

One of the executives from Microsoft Corporation (NASDAQ:MSFT) said that the company attempted to acquire social networking giant Facebook in 2007 but failed to impress Facebook’s co-founder Mark Zuckerberg.

Technology blog TechCrunch reported that during an interview with Microsoft Corporation’s (NASDAQ:MSFT) senior director of corporate strategy and acquisitions, Fritz Lanman, told “Ballmer took this reply as sort of challenge. He went back to Microsoft’s headquarters and concocted a plan intended to acquire Facebook in stages over a period of years to enable Zuckerberg to keep calling the shots.

Microsoft Corp. (NASDAQ:MSFT) stocks was at 27.34 at the end of the day’s trading on 12/10/2010. There’s been a 14.6% change in the stock price over the past 3 months.


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