SAN FRANCISCO (Reuters) – A Facebook Inc shareholder filed a proposed class action lawsuit on Friday in a bid to stop the company's plan to issue new Class C stock, calling the move a “patent attempt” to entrench chief executive Mark Zuckerberg as controlling shareholder.
By Yasmeen Abutaleb SAN FRANCISCO (Reuters) – Facebook users took to the social media site on Wednesday to react to the company's decision to test what Facebook Inc Chief Executive Officer Mark Zuckerberg called a “dislike button” – and not everyone liked the idea. In a town hall-style question and answer session Tuesday, Zuckerberg took questions from users about topics ranging from virtual reality to his wife's pregnancy. While some said they would use Facebook more if the button were introduced, others said it would lead to cyberbullying and more negativity on the site.