After Jeff Bezos, Mark Zuckerberg Sells Facebook Shares

Facebook (FB) chief executive officer Mark Zuckerberg and Amazon (AMZN) CEO Jeff Bezos have sold millions of shares in their corporations recently. In contrast, Dish’s (DISH) cofounder and chair recently bought an oversized number of Dish shares. This month, Zuckerberg has sold around 1.6 million Facebook shares worth almost $296 million up to now, in step with regulatory filings. The filings additionally show that Zuckerberg has sold nearly 2.9 million shares worth over $526 million up to now this year. Zuckerberg sells Facebook shares […]

Facebook is attempting to prevent bogus health claims from spreading online

Facebook is working to limit the reach of posts creating “sensational health claims” in an attempt to tamp down on information, in line with a brand new announcement from the social media network. Social media sites are notorious breeding grounds for dubious health data, from anti-vaccine arguments to too-good-to-be-true well-being claims. A Wall Street Journal investigation revealed Tuesday, the same day Facebook created its announcement, found that Facebook and YouTube are rife with posts promoting questionable alternative cancer therapies, for instance. Many of […]

A Facebook First: tech giant invests directly in a Renewable Project.

Analysts say the social media company’s tax-equity investment in a 379-megawatt solar project in Texas could be an indication of deals to come in the company renewables market. Facebook announced Thursday it has finalized an agreement to provide tax-equity financing for a 379-megawatt solar project developed by Longroad Energy Partners in West Texas. It’s the first time the social media company, which last year committed to reaching 100% renewables by 2020, has directly invested in a wind or solar project. Shell Energy North America, another corporation that’s shown increasing interest […]

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