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Facebook changes nature of corporate decision-making

As a publicly traded private company, Facebook is accountable to its stockholders, not the public at large. And, because of his vast stock holdings in the company, CEO Mark Zuckerberg is effectively in complete control. Yet, when it comes to some decisions, even Zuckerberg realizes that the stakes are too high for one person or one company to hold all the cards, and that’s one of the reason’s Facebook is in the process of putting together an Oversight Board for Content Decisions. […]