UPDATE 1-Harvard alumni backed by billionaires fail to make cut for board ballot

Facebook founder Mark Zuckerberg and hedge fund manager Bill Ackman failed on Friday to get candidates they backed to join Harvard's board of overseers. The two billionaires, who were acting independently, threw support behind the candidates after Harvard President Claudine Gay resigned last month amid criticism of her handling of antisemitism on campus in the wake of Hamas' Oct. 7 attack on Israel, and claims of plagiarism in her earlier academic career. She and Harvard have denied the allegations.