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Mark Zuckerberg Joins $1 Salary Club

Facebook CEO reduces annual salary to $1 like many famous Silicon Valley CEOs.

Apr 29 2013, 1:46am CDT | by

11 Updates
Mark Zuckerberg Joins $1 Salary Club

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Mark Zuckerberg Joins $1 Salary Club

As of this year Mark Zuckerberg only works for a $1 per year in salary. This symbolic move have done other famous CEOs before him include the late Steve Jobs. The Google founders and Oracle CEO Larry Ellison also just work for a buck. Obviously their income all comes from the company stock. Watch the short video report for details below.


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Update: 11

What's that? A PHP SPECIFICATION? Surely you're joking, Facebook

Source: The Register Hardware

Zuck's engineers unveil formal spec based on PHP 5.6 A group of Facebook developers has decided to break with 20 years of tradition and release a formal specification ...
Source: The Register Hardware   Full article at: The Register Hardware 13 hours ago


Update: 10

How to overcome the main challenges faced by IT departments

Source: BetaNews

IT departments always used to be the butt of jokes. Perhaps this was because being nerdy and geeky wasn't hip and cool until social media took the world by storm and made multimillionaires out of self-confessed geeks like Facebook's founder Mark Zuckerberg and Twitter co-founder Biz Stone. Technology firms like Apple and Google are partly responsible for making consumer IT cool, but the IT departme ...
Source: BetaNews   Full article at: BetaNews 23 hours ago, 11:34am CDT

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Update: 9

Facebook’s expands in Zambia with app offering basic Internet services

Source: Canadian Business Online

NEW YORK, N.Y. – Facebook’s project is taking another step toward its goal of bringing the Internet to people who are not yet online with an app launching Thursday in Zambia. The app will give subscribers of Zambia’s Airtel phone company access to a set of basic Internet services for free. Users of the app won’t incur the data charges that can be prohibitive for many people in developing nations. Facebook has already been working with mobile operators around ...
Source: Canadian Business Online   Full article at: Canadian Business Online 1 day ago, 2:05am CDT

Update: 7

Business Highlights

Source: Canadian Business Online

___ Facebook co-founder trying to transform business email from chronic headache to afterthought SAN FRANCISCO (AP) — Dustin Moskovitz has learned a lot about communication since he teamed up with his college roommate Mark Zuckerberg to create Facebook a decade ago. That knowledge is fueling an attempt to change the way people connect at work. Asana, a San Francisco startup Moskovitz runs with former Facebook and Google product manager, Justin Rosenstein, peddles software that combines ...
Source: Canadian Business Online   Full article at: Canadian Business Online 2 days ago, 5:04pm CDT

Update: 6

AP Computer Science Test Takers Up 8,000; Pass Rate Down 6.8%

Source: AppleSlashdot

theodp (442580) writes " reports that preliminary data on students who took the Advanced Placement (AP) Computer Science Exam in 2014 show an increase of 8,276 students over 2013 and represent what the College Board called "the first real indication of progress in AP CS enrollment for women and underserved minorities in years." Girls made up 20% of the 39,393 total test takers, compared to 18.7% of the 31,117 test takers in 2013. Black or African America ...
Source: AppleSlashdot   Full article at: AppleSlashdot 5 days ago, 1:20pm CDT

Update: 5

If You Want To Be Rich, Don't Get An MBA

Source: Business Insider

In her book, "The MBA Bubble," Mariana Zanetti, an MBA graduate of IE Business School in Spain, argues that getting an MBA is a waste of time and money. The following has been excerpted from the book with her permission. The first thing I am going to say about wealth is that many authors who write about prosperity and wealth make it clear: A job will not make you rich. If you want to be wealthy, at some mome ...
Source: Business Insider   Full article at: Business Insider 6 days ago, 3:04pm CDT

Update: 4

This Is Where The Tech Giants Are Spending Their Money In DC

Source: The Business Insider

Google, Apple, and all the other tech giants have a vested interest in many of the decisions coming out of Washington, DC. Whether it's how immigration policy will affect the pool of talent HR can pick from, or laws on data and privacy, the rulings coming out of the Capitol can have a huge impact on the tech world. And so it shouldn't come as much of a surprise that these companies are s ...
Source: The Business Insider   Full article at: The Business Insider Jul 24 2014, 3:35pm CDT

Update: 3

Burger King's 33-Year-Old CEO Is Completely Reshaping The Company

Source: Business Insider

Burger King's 33-year-old CEO has helped engineer a total restructuring of the burger chain in just 13 months on the job.  After surrounding himself with an equally young management team — including a 28-year-old chief financial officer — Daniel Schwartz has helped turn the struggling burger chain into a "cash machine," Devin Leonard writes for Bloomberg Businessweek's newest cover story. "These days... Burger King ...
Source: Business Insider   Full article at: Business Insider Jul 24 2014, 1:55pm CDT

Update: 2

Layoffs Prove the Deceit of Amnesty

Source: Big Government

The shocking announcement that Microsoft is cutting 18,000 jobs is still sinking in. Most of those employees do not have a realistic chance of obtaining as good a job as the one they are losing. In the United States, the number of engineering jobs has been sharply declining. In 2002 the number of electrical engineering jobs in the United States was 385,000, but despite increased demand for technology, the job total dropped to only 300,000 last year. And that number is not even for Am ...
Source: Big Government   Full article at: Big Government Jul 22 2014, 11:31am CDT

Update: 1

DIGITAL SALVATION is Facebook's latest feature

Source: The Register Hardware

Too many posts? We'll save 'em for later says Zuck & Co Apparently some Facebook users complain that there's never enough time to see all the stuff that gets stuck up on the site. Now Facebook has announce ...
Source: The Register Hardware   Full article at: The Register Hardware Jul 21 2014, 9:27pm CDT

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<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Luigi Lugmayr (Google) is the founding chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at




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