Tag: Facebook shareholders

San Francisco : After facing the flak from different quarters including governments around the world over the Cambridge Analytica data leak scandal, Facebook CEO Mark Zuckerberg has now faced angry shareholders for unequal voting shares, the media reported. At the company's annual meeting on Thursday, activist investors had forced votes on six proposals to change the company's governance or institute other reforms, the Guardian reported. But thanks to the company's unequal voting structure, Zuckerberg and his board of directors escaped the election unscathed. The event, however, provided a platform for crticising the...