Zuck says Facebook's proposed Class C stock would help him 'fund important work sooner'

In disclosing its earnings for the first quarter of 2016 today, Facebook had a big announcement to make: The company is proposing a new non-voting Class C stock. The goal is twofold: keep cofounder and chief executive Mark Zuckerberg in charge, and also help him and wife Priscilla Chan accelerate their philanthropic activities. Of course, […]