August 17, 2026 12:54 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
After SC rebuke, BCI chief apologises to NALSAR students over enrolment freeze row | Independence Day: PM Modi’s big youth pitch— AI training, free coaching amid exam row and job concerns | ‘Shakti Ki Saptadhara’: Modi reveals 7 pillars to power India’s next leap in his I-Day speech from Red Fort | West Bengal STF arrests 3 more suspected Pakistani spies in Cooch Behar | Bengal man arrested in Bengaluru over terror links, Afghanistan travel plan | Ajit Doval breaks silence on Operation Sindoor in Discovery’s explosive new docuseries | Rahul Gandhi's 'mock hug' taunt sparks row; Centre stresses 'mutual respect' with Italy | Delhi on high alert: Bomb threat to High Court, airport and multiple locations ahead of I-Day | ‘Who are they to interfere?’: CJI Surya Kant slams Bar Council of India over NALSAR students’ enrolment row | 'Shows how low Congress has sunk': BJP slams Rahul Gandhi over Modi foreign policy jibe

Facebook investors increase pressure on CEO Zuckerberg to step down, says report

| @indiablooms | Nov 19, 2018, at 11:39 am

Washington, Nov 19 (IBNS): Facebook investors have increased pressure on the social media site's Chief Executive Officer (CEO) Mark Zuckerberg and asked him to step down after a New York Times report suggested the company has hired a Republican-owned political consulting and PR firm, media reports said.

The report has emerged after New York Times did a detailed investigation.

According to The Guardian, Jonas Kron, senior Vice-President at Trillium Asset Management, asked Zuckerberg to step down.

Kron has been quoted by The Times Of India as saying, "Facebook is behaving like it's a special snowflake. It's not. It is a company and companies need to have a separation of chair and CEO."

Addressing the press, Zuckerberg denied any such claims.

The Facebook CEO has been quoted by The Times Of India as saying, "After reading the article, I got on the phone with our team and we are no longer working with this firm."

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.