Facebook Inc. on Friday abruptly abandoned a plan to change its stock structure that would have given Chief Executive Mark Zuckerberg more control, the latest in a string of reversals by the social-media giant as it fends off controversies on several fronts. The about-face heads off a public trial scheduled to start next week for a lawsuit filed against Facebook by shareholders who claimed that conflicts of interest and other...

Source: Wall Street Journal September 22, 2017 21:11 UTC