Zuckerberg Pushes Back, Defends Sandberg in CNN Sit-Down
*By Carlo Versano*
Facebook CEO Mark Zuckerberg gave a rare [television interview](https://www.cnn.com/2018/11/20/tech/mark-zuckerberg-interview/index.html) on Tuesday night in an attempt to control the deepening scandals enveloping his social-media empire.
Speaking to CNN from Facebook's Menlo Park, Calif. headquarters, Zuckerberg dismissed calls by some shareholders and pundits to step down from his chairman role. Zuckerberg is both chairman and CEO of Facebook ($FB) and controls the majority of voting shares, making him among the most powerful chief executives in America.
When asked if he would step down as chair, Zuckerberg said, "That's not the plan."
The 34-year-old CEO also responded to a damning report in The New York Times from last week, in which both he and deputy Sheryl Sandberg are described as fumbling the response to early reports of Russian interference on the platform ahead of the 2016 U.S. presidential election. The Times also revealed Facebook's relationship with a controversial PR firm, Definers Public Affairs, which attempted to smear anti-Facebook advocates. The social media giant has since cut ties with the firm, and the Facebook executive who hired Definers [reportedly](https://techcrunch.com/2018/11/20/schrage-definers/) took the blame in an internal memo.
Zuckerberg hit back at The Times in his CNN interview, insisting that some of its reporting wasn't accurate.
“A lot of the things that were in that report, we talked to the reporters ahead of time and told them that from everything that we’d seen, that wasn’t true and they chose to print it anyway," Zuckerberg said. The Times said it stands by its reporting.
Zuckerberg also defended his embattled second-in-command, Sheryl Sandberg, whom he reportedly blamed for Facebook's response to its PR crises. "She's been an important partner for me for 10 years," he said. "I hope that we work together for decades more to come."
Ron Hammond, Sr. Director of Government Relations at the Blockchain Association, breaks down Trump’s plan to strengthen U.S. leadership in financial technology.
BiggerPockets Money podcast is now available on Cheddar Wednesdays at 10am ET! Mindy Jensen shares how her podcast is helping people gain financial freedom.
The social video platform's future remains in doubt, as players scramble to profit from the chaos. Plus: Big oil gets bigger, DOGE downsizes, and tariffs!
Ty Young, CEO of Ty J. Young Wealth Management, joins Cheddar to discuss Trump's moves as he returns to Washington D.C. and how it may affect the U.S. economy.
Starbucks’ decision to restrict its restrooms to paying customers has flushed out a wider problem: a patchwork of restroom use policies that varies by state and city. Starbucks announced last week a new code of conduct that says people need to make a purchase if they want to hang out or use the restroom. The coffee chain's policy change for bathroom privileges has left Americans confused and divided over who gets to go and when. The American Restroom Association, a public toilet advocacy group, was among the critics. Rules about restroom access in restaurants vary by state, city and county. The National Retail Federation says private businesses have a right to limit restroom use.
President Donald Trump is talking up a joint venture investing up to $500 billion for infrastructure tied to artificial intelligence by a new partnership formed by OpenAI, Oracle and SoftBank. The new entity, Stargate, will start building out data centers and the electricity generation needed for the further development of the fast-evolving AI in Texas, according to the White House. The initial investment is expected to be $100 billion and could reach five times that sum. While Trump has seized on similar announcements to show that his presidency is boosting the economy, there were already expectations of a massive buildout of data centers and electricity plants needed for the development of AI.
Chris Ruder, Spikeball Founder and CEO, explains how he and his friends put roundnet on the global map, plus, how Spikeball helps people "find their circle."
J.W. Roth, CEO of Venu Holding Corporation, discusses the company's IPO and plans to redefine live music entertainment with their fan founded, fan-owned model.