Tuesday, April 2, 2013

Facebook's Zuckerberg Starting Advocacy Group

Social media and online-tech leaders are flexing their political muscle. Clear proof is that Facebook CEO Mark Zuckerberg is starting a political advocacy group of technology leaders, according to a recent Wall Street Journal article. Per the WSJ story, Zuckerberg and group co-organizer Joe Green, Zuckerberg's former Harvard University roommate, have already received monetary pledges from other heavyweight tech executives, including LinkedIn Corp. founder Reid Hoffman. They have also enlisted savvy political operatives such as Rob Jessmer, former executive director of the National Republican Senatorial Committee, and Joe Lockhart, former press secretary under President Bill Clinton and former Facebook vice president of global communications. The advocacy group, which has not chosen a name, aims at raising $50 million to lobby for federal legislative reform on issues ranging from immigration to education, according to WSJ sources. The group plans to register as a 501(c)(4) nonprofit social welfare group. Stay tuned for an official announcement of this new incarnation of targeted online and social networking power. For the full story, see http://online.wsj.com/article/SB10001424127887324105204578384781088854740.html

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