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Facebook dismisses Mark Zuckerberg?

You may have heard that some people are unhappy with Facebook and, more specifically, with its president and CEO Mark Zuckerberg.

In April

After years of scandals, a group of Facebook investors tried to replace Zuckerberg as president. That proposal and three other proposals against Zuckerberg were shot down at the company's annual shareholders meeting.

Calls to expel Zuckerberg also come from outside Facebook. The nonprofit organization Fight for the Future requested its removal in a very visible demonstration during the same shareholders meeting.

Whether for the role of Facebook in the 2016 presidential election or its mishandling of private user data, it is clear that many people are unhappy with Zuckerberg's leadership.

But what can they really do about it?

He concluded that, at least in the short term, very little can be done to force Facebook to take power away from Zuckerberg.

The reason?

Zuckerberg controls a special type of action that gives him 10 times more votes than the owner of a regular action, by Bloomberg.

Make the calculations, and it turns out that Zuckerberg controls almost 60 percent of all shareholders' votes by himself.

But, if enough people got tired of Facebook and stopped using their services, that could cause some introspection in the company … in theory.

"It will only change when the leadership team on Facebook feels they have to change to be successful as an organization," said Stanford professor Robert Siegel. "As long as the leadership feels they can keep the line in this, they will continue to do so."

It does not seem especially likely in the near future

Facebook seems more than happy to continue with its current approach because the company continues to perform well.

In addition to the homonymous social network, Zuckerberg chairs popular applications such as Instagram and WhatsApp, as well as the growing Oculus VR hardware division.

In other words

No amount of negative press has affected Facebook's bottom line enough to inspire a change at the top, at least not yet.

What's happening with the government?

Distrust of large technology companies is one of the few bipartisan problems in Washington at the moment: the FTC has been investigating Facebook for privacy issues for a while, while Congress launched an antitrust investigation in several companies, including Facebook, earlier this week.

In addition, Democratic presidential candidates, including Elizabeth Warren and Joe Biden, have at least made gestures at the idea of ??taking strong action on Facebook.