Social Media Newsfeed: Zuck Takes $1 Salary | White House Tumblr

Facebook's Mark Zuckerberg Joins the $1 Salary Club (Mashable) Facebook confirmed in a filing that Mark Zuckerberg, the social network's founder and CEO, is taking a $1 salary this year, and foregoing any bonuses. But he's not exactly taking a vow of poverty.

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Facebook’s Mark Zuckerberg Joins the $1 Salary Club (Mashable)
Facebook confirmed in a filing that Mark Zuckerberg, the social network’s founder and CEO, is taking a $1 salary this year and foregoing any bonuses. But he’s not exactly taking a vow of poverty. AP Zuckerberg reaped a gain of nearly $2.3 billion last year when he exercised 60 million stock options just before the online social networking leader’s initial public offering. The windfall detailed in regulatory documents filed Friday saddled Zuckerberg, 28, with a massive tax bill, and he raised the money to pay it by selling 30.2 million Facebook shares for $38 apiece in the IPO. USA Today Turns out Facebook COO Sheryl Sandberg, an executive he lured away from Internet giant Google, did pretty well, too. She gained $821 million from shares that vested in 2012 and received another $25.6 million in stock, on top of a $328,000 salary and $277,000 bonus. AllFacebook In other Facebook news, the social network can no longer push updates or beta updates to its Android users via Android overlay Home, as Google updated the terms and conditions of its Google Play store to close the loophole that was being used by the social network and other developers. TechCrunch reported that the change in policy was not aimed at Facebook, but rather at malicious apps. SocialTimes However, industry watchers noted that Facebook had likely stepped on Google’s toes with the release of Home, which overrides some of the Android operating system with Facebook’s own branded functionality. Whether or not the app itself irked Google, it’s clear that Facebook’s sneaky mode of updating it did. VentureBeat The filing with the SEC also said that Jim Breyer, the Accel Partners venture capitalist who played a big role in Facebook’s launch, has decided to step down from the social network’s board of directors. Breyer notified the company that he will not stand for reelection to the board at the shareholder meeting on June 11.

With White House on Tumblr Promising GIFs, Here’s Some to Kick it Off Right (AllThingsD)
The White House announced that is joining the hip microblogging service Tumblr, noting in its announcement on Twitter that “there will be GIFs.” That means “graphics interchange format,” which means a cool way to show — among other things — cool animations. The Verge The introductory post notes that “we see some great things here at the White House every day, and sharing that stuff with you is one of the best parts of our jobs” and promises cute pictures of Bo, notable quotes from President Obama and “wonky charts.” The page is also welcoming questions, advice and submissions through the Tumblr submission tool. NBC News For a quarter of a century the GIF format has been used as a convenient way to show graphs, drawings and simple animations. Just recently, it was pronounced 2012’s word of the year by the Oxford American Dictionary, owing to a resurgence in popularity among bloggers, especially on Tumblr.

Year Two of #Kristofize — Honoring Nicholas Kristof (CNET)
It’s time once again for #Kristofize, a global salute to Nicholas Kristof (@NickKristof), the crusading New York Times columnist and two-time Pulitzer Prize winner. It was his birthday on Saturday, and all this week you can help pay tribute to him and do a little bit of what he does so well: bring attention to important causes around the world.

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Watch Out Foursquare, Twitter is About to Steal Your Worm (AllTwitter)
Just when you thought Twitter was full to the brim with new business, the greedy little bird comes back out for more – and this time it appears they plan to target Foursquare’s worm. The microblogging service is rumored to be working on local tweet discovery, and once they’ve nailed that, how long till they start offering this service to their advertisers?

Do Not Touch: A Crowdsourced Music Video, Where Your Mouse Pointer is the Star (The Next Web)
We may be approaching the end of the mouse and clicking on a screen rather than touching it, but for now it’s still alive and well. In celebration of that, Light Light thought that it would be a fun idea to gather the world to help them make a video for their song Kilo.

CISPA, The Privacy-Threatening Cyberspying Bill, is Dead in the Senate (ReadWrite)
CISPA, the controversial cybersecurity bill passed by the House last week, appears to be dead in the Senate. It’s deja vu all over again for the measure, which would authorize private companies to share your email, texts and other personal information with federal agencies without a warrant or other privacy protections.

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Exclusive: NBC News’ Ryan Osborn on the Importance of Better Security for Social TV (LostRemote)
Last week’s Lost Remote NYC show brought together the best and most forward-thinking minds of the social TV industry. Ryan Osborn, NBC News vice president of digital innovation, took the stage to discuss one of the most important issues that has arisen for TV networks who deliver news via social: security.

Ed Balls Tweets His Own Name — Again — as Twitter Celebrates #Edballsday (Mirror News)
The shadow chancellor accidentally tweeted his own name two years ago, tickling Twitter’s funny bone and sparking thousands of retweets as users shared the joke around the world. Two years on, and with Ed Balls (the words rather than the politician) being periodically retweeted around the internet.

George Zimmerman Attorney Says Social Media Caused Unnecessary ‘Firestorm’ Following Trayvon Martin Shooting (New York Daily News)
Social media has set a precedent in the way the country will engage with high profile cases, the attorneys in the Trayvon Martin shooting case said Saturday at an Associated Press event in Orlando. “I think that if I could do away with all media, including all social media, that I would not have it involved in a criminal case,” Mark O’Mara said. “But that’s a fantasy that is 40 years ago.”

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Publish date: April 29, 2013 © 2020 Adweek, LLC. - All Rights Reserved and NOT FOR REPRINT