Trending News: -FACEBOOK TURNS 13 YEARS OLD TODAY AND SOME SHARE HOLDERS WANT MARK ZUCKERBERG OUT...

Bloggers most times go for trending news and its insane to report news about Facebook current chairman and founder Mark Zuckerberg on facebook...Very Ironic...using facebook to report facebook founder....Well, here's the news anyways

This is the number two trending news even on facebook!Mark Zuckerberg should give up some of his control over Facebook by relinquishing his position as chairman of the board, according to a new proposal by a consumer watchdog group and a few shareholders.
The proposal, led by SumOfUs, claims that Facebook's future success requires "a balance of power between the CEO and the board," and that without a chairman who is independent of the company, Facebook could act without repercussions against investors.
"An independent board chair is a necessary first step to put Facebook's board on the path to effective representation of the interests of all shareholders," reads the proposal, which goes on to highlight the need for greater accountability amid controversies over fake news, harassment and hate speech. The proposal was received by Facebook on Friday, according to SumOfUs; Facebook declined to comment.
About 1,500 shareholders have signed SumOfUs's previous petitions concerning Facebook's leadership and decisions, said Lisa Lindsley, capital markets adviser for the watchdog group. Of those 1,500 shareholders, SumOfUs contacted 1,300 to determine their interest in filing the shareholder proposal. Four investors agreed to help.