Facebook founder Mark Zuckerberg survived an attempt by shareholders to oust him as the company’s chairman.
Shareholders were able to vote on Zuckerberg’s leadership of the company during an annual meeting on Thursday, May 31, 2019.
Zuckerberg is Facebook’s CEO and chairman of its board of directors.
Although certain shareholders wanted the Facebook founder to step down, his control of 60% of voting power ensured that the only way he would lose is if he voted against himself.
Some investors encouraged him to step down because they believe this move would help him dedicate more time to running his company.
One group of investors, Trillium Asset Management, made the case for Zuckerberg’s departure as chairman. This group holds Facebook shares worth $7 million.
Jonas Kron, senior vice-president at Trillium, told the BBC prior to the vote that “If he can focus on being the CEO, and let somebody else focus on being independent board chair, that would be a much better situation.”
Kron said that Zuckerberg should follow in the footsteps of Google’s Larry Page and Microsoft’s Bill Gates, who are their respective company’s founders but not chairmen.
At the annual meeting, Zuckerberg refused to answer a question from a shareholder asking him why he would not appoint an independent chairman.
There were several groups of demonstrators outside this meeting. One side of demonstrators argued that Facebook did not protect minority groups. Another group of counter-demonstrators argued that Facebook “censored conservative voices.”
Reuters reported that some shareholders said Facebook was a “hostile work environment” for people holding conservative views. A group of shareholders have asked the company to produce a diversity report highlighting the company’s political views.
Alex Stamos, former security chief at Facebook, joined in the calls for Zuckerberg to step down as chief executive.
At the Collision Conference in Canada in May, Stamos contended that “There’s a legit[imate] argument that he has too much power.”
Zuckerberg defended his management of Facebook stating that “When you’re building something like Facebook, which is unprecedented in the world, there are things that you’re going to mess up.”
The social media magnate concluded:
What I think people should hold us accountable for is if we are learning from our mistakes.
Facebook has recently come under flack for its suspension of conservatives such as Paul Joseph Watson and Milo Yiannopoulos. Social media has made it clear that it is on the side of political correctness culture and will work to stamp out anyone who dares to challenge the status quo.
These purges are very likely only the beginning as the 2020 elections start to heat up.
Merrick Garland Suggests that Getting Rid of Lawsuit Protections is Not a Second Amendment Violation
Garland as AG will be a disaster for the right to bear arms.
If Merrick Garland is nominated as Attorney General, the Second Amendment is in big trouble.
Based on his comments at a Senate hearing on February 22, 2021, Garland made a suggestion that the repeal of lawsuit protections for gun manufacturers is not unconstitutional.
AWR Hawkins of Breitbart News reminded his readers that President Joe Biden campaigned on a platform of repealing the Protection of Lawful Commerce in Arms Act (PLCAA), which shielded lawful gun manufacturers from lawsuits.
In a previous Breitbart News report, Biden spoke at an MSNBC forum in 2019 alongside gun control organizations such as March for Our Lives where he expressed his support for gun manufacturers to be subject to lawsuits.
At the speech, Biden suggested that the PLCC be repealed. He declared, “No other outfit in history has gotten this kind of protection” and asserted that the legal actions would bring about “change overnight.”
In a subsequent occasion on February 7, 2020, Breitbart News covered Biden’s remarks to a New Hampshire crowd, in which he stated that it was a “mistake” to shield firearms manufacturers from lawsuits. He continued, “The first thing I’m going to do as president is work to get rid of that.”
Later that month, Breitbart News recalled how Biden called out gun manufacturers at a South Carolina rally and boasted, “I’m going to take you down.”
According to a report by The Salt Lake Tribune, Utah Senator Mike Lee asked Garland about his views on removing protections for gun manufacturers. Garland responded, “I have not thought myself deeply about this. I don’t think it raises a Second Amendment issue.”
When he was questioned if he is in favor of Biden’s plans to ban so-called “assault weapons”, Garland responded, “Where there is room under the law for the president’s policies to be pursued, then I think the president is entitled to pursue them.”
Biden’s track record as a gun control proponent is well-documented. From his support of gun-free zones at schools to the 1994 Assault Weapons Ban, Biden is Gun Control Inc.’s guy. With Democrats in control of the House and the Senate, there will most certainly be attempts to ram gun control down our throats. If they can’t beat us legislatively, they will most certainly use the courts to undermine the Second Amendment. Pro-gun organizations should be ready to lawyer up and use whatever means possible to keep courts from destroying our rights.
Tech3 days ago
BETRAYED: How Parler Sold Out to the Globalist Establishment to Get Back Online
White House3 days ago
NOT MENTALLY FIT: Three Dozen House Democrats Demand Biden Relinquish Control of Nuclear Codes
Around The World2 days ago
Biden Authorizes Attack on Syria, Kamala FURIOUS It Wasn’t Her Call
Big League Economics4 days ago
Globalists are Planning ‘Climate Lockdowns’ to Finish Off Economic Prosperity in the West
Tech3 days ago
Leaked Video Shows Tech Boss Describing How All Conservatives Will Be Frozen Out of the Market
Congress4 days ago
Mitch McConnell Will Vote to Confirm Far-Left Open Borders Merrick Garland as Attorney General
White House2 days ago
SLEEPY? Biden Yet to Deliver First State of the Union Amid Confused Public Appearances
Culture4 days ago
Baylor University Students Rallied in Favor of Removing Monument of the University’s Co-Founder