Airbus recorded orders and options for 123 planes, according to the aviation consulting firm IBA.iQ.Paris Air Showread more
Markets in Asia edged up in Tuesday morning trade as investors awaited the start of a closely-watched meeting by the U.S. Federal Reserve, set to kick off later stateside.Asia Marketsread more
Wall Street analysts think Facebook's cryptocurrency payments project will give the company a big boost.Marketsread more
Chinese President Xi Jinping will travel to North Korea this week for a two-day visit, ahead of a possible meeting between Xi and President Donald Trump at next week's G-20...Politicsread more
The Pentagon said that the crew of one of the tankers, the Japanese Kokuka Courageous, found an unexploded limpet mine on its hull following an initial explosion.Politicsread more
Despite the popularity of companies like Beyond Meat and Impossible Foods, meat consumption around the world continues to rise.Food & Beverageread more
Electronic material that Infowars host Alex Jones turned over to families of Sandy Hook Elementary School shooting victims who are suing him contained images of child...Politicsread more
Facebook's reported move into cryptocurrency could amount to the biggest catalyst for digital assets in their decade-long history, some crypto investors say.Bitcoinread more
In a 7-2 ruling, over dissents from Justices Ruth Bader Ginsburg and Neil Gorsuch, the justices affirmed the so-called "dual sovereignty" exception to the Constitution's...Politicsread more
Eleven banks that lend to shipping lines announced Monday that climate impact will be integrated into the criteria that determines how much shipping companies can borrow, an...Transportationread more
Florida businessman Barry Honig agreed to a proposed judgment with the SEC in a case it called "classic pump-and-dump schemes," according to Monday filings.Crimeread more
"There's a legit argument that he has too much power," said Stamos, who left the company in 2018, at the Collision Conference in Toronto. "He needs to give up some of that power. If I was him, I would go hire a new CEO for the company."
Stamos even offered a specific suggestion: Microsoft President Brad Smith.
Facebook and Zuckerberg have been embroiled in controversy since the lead up to the last presidential election, when the platform was inundated with fake news and became a haven for bullying and harassment. Stamos knows something about the issues plaguing the company — he was among the first people at Facebook to discover Russians were using the social network to interfere with the 2016 election.
Since the departure in March of Chief Product Officer Chris Cox, Zuckerberg has been effectively acting as Facebook's product head, Stamos said, adding that he should keep his attention there and hand over the lead role.
Product is "where his passion is," Stamos said. "He should hire a CEO that can help signal both internally and externally that the culture has to change."
Stamos also said that there are legitimate arguments for breaking up Facebook as well as separating YouTube from Google on the basis that both companies have reduced competition. However, breaking up Facebook doesn't solve the underlying issues that afflict social media, such as the spread of false information or manipulating the ad targeting system for political purposes, he said.
"There's a lot of excitement for antitrust because it feels good to be like 'I hate this company, so let's break it up,'" Stamos said. "Having three companies that have the same fundamental problems doesn't make anything better."