Price Chart Trading Pioneer Predicts Worsening Stock Market Downturn Google Discloses YouTube Revenue For The First Time Ever Photo Credit: Public domain photo via Wikimedia. However, even though the company's EPS and revenue exceeded the expectations of the investors, Facebook shares tumbled after earnings data was released.įacebook shares traded 2.28% higher at $204.19 at press time on Monday. The addition of Houston, who is close to Zuckerberg is unlikely to add a voice of dissent on the board, according to Business Insider.įacebook's Q4 2019 results indicated that the social media platform had added 1.66 billion daily active users as of December 2019. The social media giant has been under fire for its corporate governance issues, with claims made that Zuckerberg has too much control. Houston founded Dropbox along with Arash Ferdowsi in 2007. According to Tech Crunch, Houston is a graduate in computer science from MIT and is known as a technologist, and since Facebook is in the process of integrating its messaging apps to expand end-to-end encryption, the company will benefit from his guidance.

Dropbox co founder