The exit of Mark Zuckerberg’s adult supervisor seemed to alarm investors—and it leaves his firms looking like a one-man show
Save time by listening to our audio articles as you multitaskIn 2008 Facebook was in its infancy. Mr Zuckerberg, then 23 years-old, had no concrete plans to make it a viable business. Ms Sandberg had been running Google’s advertising operation, after stints at McKinsey, a consultancy, and America’s Treasury. A compulsive organiser, she was brought on to provide adult supervision. She “handles things I don’t want to”, Mr Zuckerberg once said.
But over the past few years speculation grew that the relationship was fraying. Mr Zuckerberg apparently blamed Ms Sandberg for a scandal which involved the sharing of Facebook users’ private The departure comes at a tumultuous time for Meta. Fewer teenagers are signing up to Facebook. Even Instagram, Meta’s youth-friendly platform, is losing out to TikTok, a hipper rival. New privacy rules introduced by Apple allow users to opt out of ad-tracking. That makes Facebook less valuable to advertisers. Meanwhile lawmakers are increasingly concerned about misinformation on social media.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sheryl Sandberg: Facebook owner Meta’s No2 announces she’s stepping downSandberg has led Facebook - now Meta’s - advertising business and was responsible for nurturing it from its infancy into an over 100 billion-dollar-a-year powerhouse
Read more »
Sheryl Sandberg steps down from MetaSheryl Sandberg, one of the most senior women in corporate America, has announced her resignation as chief operating officer at Meta Platforms.The Silicon Valley executive, who has served as Mark Zuckerberg’s principal deputy since the early years of Facebook, will leave the world’s largest social m
Read more »
‘End of an era’: Sheryl Sandberg leaves behind powerful – if complicated – legacyThe chief operating officer saw Facebook through multiple controversies and turned into the profitable juggernaut it is today
Read more »
Sheryl Sandberg Is Stepping Down as Meta’s COO After 14 YearsSandberg will remain on the board of Meta, the parent company of Facebook, Instagram and WhatsApp
Read more »