Facebook CEO denies transformation into a media company

Zuckerberg also met the Pope to discuss the importance of connecting the unconnected
Source- Getty Images
Source- Getty Images

Share

Facebook will not become a media company, its founder and CEO Mark Zuckerberg said on Monday, adding that the firm would remain a technology platform, as reported by Reuters.

Zuckerberg said his firm had no ambitions to become a content provider. "No, we are a tech company, not a media company," said Zuckerberg, after a young Italian asked him whether Facebook intended to become a news editor.

While acknowledging the role Facebook has in supplying users with news through their connections and stressing the advantages of obtaining information from different parts of the world, Zuckerberg said Facebook was "a technology company, we build the tools, we do not produce any content".

"The world needs news companies, but also technology platforms, like what we do, and we take our role in this very seriously," he said, speaking from Rome's Luiss university.

Earlier on Monday, Zuckerberg and his wife Priscilla Chan had a private audience with Pope Francis. Zuckerberg said he gave the Pope a model of Aquila, Facebook's lightweight solar-powered drone aimed at beaming lasers to extend internet access to places that have yet to be connected.

"We ... discussed the importance of connecting people, especially in parts of the world without internet access," Zuckerberg posted on his personal Facebook profile after the meeting.

Editor's Choice

The robots are coming: Impact of AI on executive search
As the technology industry’s elite struggle to agree on the potential impact of AI and a raft of people queuing up to advise on the potential disruption it will cause, this article by John Curtis-Oliver, Partner at Boyden studies the potential impact on the executive hiring and the executive search industry.
Saudi Football changes pitch from MBC to STC
The news comes just a few days after the release of Saudi businessman Waleed al-Ibrahim, who has management control of MBC. Reuters reports senior Saudi officials saying that Ibrahim agreed to an “undisclosed settlement after admitting to unspecified violations”.
HetNets: paving the way for “ultraband” age
Over time, telecom operators will provide consumers with a “universal connectivity” service (to rule them all), incorporating Wi-Fi and mobile broadband as a single resource, in an “always best connected” mode, leading to an ultraband connectivity service.

Don't Miss a Story

You may also like

Batelco aims for net profits in the range of BD40 - 45 million in 2018
Operator group's net profits for 2017 declined significantly though the company managed to grow its revenues organically for the first time since 2009
#MWC2018: Spotlight shines on 5G, IoT and AR
Hard to predict what will ‘turn around the fate’ of telecom operators, but there is potential for those who can play the role of enabling platform for new digital services and players, as well as for new features and capabilities across traditional industries, says Luis Cirne, partner, communications, media and technology (CMT) practice at Oliver Wyman
VIVA Bahrain facilitates TRA's SIM registration at UAE Exchange branches
In addition to buying VIVA prepaid recharges and paying post-paid bills, customers can walk into any of the nearest UAE Exchange branch and complete their mandatory biometric registration.
FTA Channel enters new phase in video delivery with SES and MX1
The non-linear distribution service provided through SES's wholly owned subsidiary, MX1, will be the first of its kind in Equatorial Guinea.