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HomeAll newsMost read newsBusiness Leaders Biography
Birthday : 05/14/1984
Place of birth : Dobbs Ferry (New York) - United States
Linked companies : Facebook, Inc.
Biography : Mark Elliot Zuckerberg is an entrepreneur who founded Facebook, Inc., Chan Zuckerberg Initiative LLC

Facebook's Zuckerberg drops annual challenges to focus on longer-term goals

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01/09/2020 | 06:21pm EST
Facebook CEO Zuckerberg testifies at House Financial Services Committee hearing on Capitol Hill in Washington

Facebook Inc Chief Executive Officer Mark Zuckerberg said on Thursday he was dropping his annual challenges this year to take a longer-term focus on the decade ahead.

Zuckerberg said he plans to work on a new private social platform, decentralized technology, generational issues and new forms of digital governance among others.

The move would see him focus more on his role as CEO and the problems that have afflicted Facebook instead of personal goals such as learning Mandarin and reading two books a month.

"Rather than having year-to-year challenges, I've tried to think about what I hope the world and my life will look in 2030 so I can make sure I'm focusing on those things," he said.

Zuckerberg, whose company is under pressure for failing to adequately police content and protect user privacy on its platform, said he expects governments to come up with clearer rules for the internet over the next decade.

"Platforms like Facebook have to make tradeoffs on social values we all hold dear - like between free expression and safety, or between privacy and law enforcement, or between creating open systems and locking down data and access," he said.

"I don't think private companies should be making so many important decisions that touch on fundamental democratic values."

Over the next decade, Zuckerberg plans to fund and give a platform to younger entrepreneurs and scientists to cure, prevent and manage diseases.

He pointed out that while the internet helped people to connect with each other across the world, it also made people crave for intimacy.

"For the next decade, some of the most important social infrastructure will help us reconstruct all kinds of smaller communities to give us that sense of intimacy again," he said.

(Reporting by Ambhini Aishwarya in Bengaluru; Editing by Aditya Soni)

Stocks mentioned in the article
ChangeLast1st jan.
FACEBOOK 1.36% 217.79 Delayed Quote.6.11%
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