Technology

Sheryl Sandberg Steps Down From Facebook’s Parent Company, Meta

Sandberg flirts with leaving Facebook. In 2016, she told her colleague that if Democratic presidential candidate Hillary Clinton beats the White House, she’s likely to get a job in Washington. After exposure to Cambridge Analytika in 2018 and Russia’s intervention in the 2016 US presidential election, she is again considering resigning to her colleague when the company is at stake. She said she didn’t want to resign.

Last year, Zuckerberg said his company was making a new bet and was fully committed to the Metaverse, which it called the “successor to the mobile Internet.” In his announcement, Sandberg created only cameos, but other executives were featured more prominently.

When Zuckerberg overhauled the company to focus on the Metaverse, some of Sandberg’s responsibilities were distributed among other executives. Nick Clegg, President of Global Affairs and former Deputy Prime Minister of the United Kingdom have become the company’s chief spokesperson for Sandberg’s former role. In February, Craig was promoted to President of Meta Global Issues.

Sandberg’s profile has dimmed. She focused on building an advertising business and increasing the number of small businesses on Facebook.

She also focused on personal issues. Her husband, Dave Goldberg, died suddenly in 2015. (Sandberg’s second book, Option B, was about dealing with her sorrow.) She later met Berntal, and he and his three children were her. I moved to a house in Silicon Valley. From Southern California during a pandemic. Goldberg and Sandberg, who had two children, were focused on her family integration and planning a summer wedding, people near her said.

Migrating Meta to the Metaverse has never been easier. Apple’s privacy changes have hit targeted ads, and the company has spent a lot of money on Metaverse products while the advertising business stumbled. In February, Meta’s market value plummeted by more than $ 230 billion in the largest day after reporting financial results showing that it was struggling to make the leap to the Metaverse.

In an interview, Sandberg said Meta faced short-term challenges, but would survive the storm as it did in the past. “There were no mobile ads when we published,” Sandberg said, citing the company’s rapid transition from desktop computers to smartphones over the last decade. “I’ve done this before.”

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