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Zuckerberg proposes new share class to maintain control

Facebook's Q1 profit, revenue beat forecasts, fuelled by video ads on its main mobile app

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Mr Zuckerberg is investing in other more ambitious bets, including virtual reality and artificial intelligence.

San Francisco

FACEBOOK Inc's chief executive officer Mark Zuckerberg picked a good time to ask for more freedom.

The company reported sales and profit that blew past analysts' estimates, fuelled by businesses spending more to advertise in videos on its main mobile app. It was the