Zuckerberg denies ownership confusion as Facebook exceeds 500m users

Facebook founder Mark Zuckerberg has rejected claims he was uncertain whether he had signed over the majority ownership of the business to a third party.

Mark Zuckerberg
Mark Zuckerberg

Speaking to ABC World News on the day Facebook exceeded 500m global users, he was questioned why a Facebook lawyer had said the company was “unsure” if a contract had been signed to give away 84% of business.

Facebook is being challenged by Paul Ceglia, who says such a deal was made in April 2003.

But Zuckerberg told ABC World News, “If we said we were unsure, I think that was likely taken out of context. Because I think we were quite sure that we didn’t sign a contract that says that they have any right to ownership over Facebook.”

The TV interview was timed to celebrate the social network reaching 500m users.

In an earlier post on the Facebook blog, Zuckerberg wrote, “Our mission at Facebook is to help make the world more open and connected. I could have never imagined all of the ways people would use Facebook when we were getting started six years ago. I want to thank you for being part of making Facebook what it is today and for spreading it around the world.”

At the start of the week, the social network launched Facebook Stories, a visual representation of members’ stories about how the social network has impacted their lives (nma.co.uk 19 July 2010). The site sits within Facebook, with users able to filter stories by date or theme, such as ’coping with grief’, ’finding love’ and ’natural disasters’.

This story first appeared on newmediaage.co.uk

Latest from Marketing Week

NOT REGISTERED? IT'S FREE, QUICK AND EASY!

Access Marketing Week’s wealth of insight, analysis and opinion that will help you do your job better.

Register and receive the best content from the only UK title 100% dedicated to serving marketers' needs.

We’ll ask you just a few questions about what you do and where you work. The more we know about our visitors, the better and more relevant content we can provide for them. And, yes, knowing our audience better helps us find commercial partners too. Don't worry, we won't share your information with other parties, unless you give us permission to do so.

Register now

THE BEST CONTENT

Our award winning editorial team (PPA Digital Brand of the Year) ask the big questions about the biggest issues on everything from strategy through to execution to help you navigate the fast moving modern marketing landscape.

THE BIGGEST ISSUES

From the opportunities and challenges of emerging technology to the need for greater effectiveness, from the challenge of measurement to building a marketing team fit for the future, we are your guide.

PERSONAL AND PROFESSIONAL DEVELOPMENT

Information, inspiration and advice from the marketing world and beyond that will help you develop as a marketer and as a leader.

Having problems?

Contact us on +44 (0)20 7292 3711 or email subscriptions@marketingweek.com

If you are looking for our Jobs site, please click here