Wednesday, March 27, 2013

Zuckerberg works toward $50M political advocacy goal -- report





(Credit: James Martin/CNET)

Facebook co-founder and CEO Mark Zuckerberg is at work on a new, politically focused project, according to a new report.




Zuckerberg, along with his close friend and Harvard roommate Joe Green, is organizing a political advocacy group, the Wall Street Journal is reporting, citing people who claim to have knowledge of his plans. The group should be formally announced at some point in the next few weeks, according to the Journal's sources.




The two men are currently in the process of raising cash, with the ultimate goal of hitting the $50 million mark. With the funds, the group, which has yet to be named, will attempt to initiate changes across a broad array of areas. According to the Journal's sources, the not-for-profit group will register as a 501(c)(4), meaning its focus will be social welfare.




Related stories







No comments:

Post a Comment