Facebook Changed Mission Statement, Wants to Help Bring People Together

Published on: 23 Jun, 2017

Facebook Inc. (NASDAQ: FB) a new mission statement: "To give people the power to build community and bring the world closer together." The social media giant, like many other major tech companies, is having a very strong year in the stock market. The shares of the company increased in value by more 34% year to date.

Facebook recent data shows that it has more than 1.9 billion monthly users. It has also reported $8 billion in revenue last quarter, the vast majority of which was from advertising.

The company’s CEO, Mark Zuckerberg, talked about several important political and social issues in an interview with CNN Tech. Zuckerberg acknowledged that simply connecting people online isn’t enough. "We used to have a sense that if we could just do those things, then that would make a lot of the things in the world better by themselves," Zuckerberg told CNN Tech. "But now we realize that we need to do more too. It's important to give people a voice, to get a diversity of opinions out there, but on top of that, you also need to do this work of building common ground so that way we can all move forward together."

"A lot of what we can do is to help create a more civil and productive debate on some of the bigger issues as well," Zuckerberg added.

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Danny Abramov

Email: Danny@financialbuzz.com

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