Friday, March 29

Tag: Sheryl Sandberg

Facebook breakup could boost Chinese rivals: Sandberg
Entrepreneurs Talk

Facebook breakup could boost Chinese rivals: Sandberg

Facebook COO Sheryl Sandberg said a breakup of Facebook would not address "underlying issues" facing the sector and suggested that such a move could help rivals in China. Sandberg, interviewed on CNBC television, was asked about the latest calls to break up Facebook and other major Silicon Valley firms which dominate key sectors. "You could break us up, you could break other tech companies up, but you actually don't address the underlying issues people are concerned about,” Sandberg said in the interview. Sandberg said the social network used by more than two billion people was working to address concerns about election security, online violence promotion and data protection, but that a breakup might only serve to help competitors from China. "While people are concerned with t...
Facebook Appoints Former UK Deputy PM as Head of Global Affairs
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Facebook Appoints Former UK Deputy PM as Head of Global Affairs

The popular social media platform Facebook has reportedly appointed former British Deputy Prime Minister Nick Clegg for the purpose of leading its global affairs and communications team. This has basically been done as the social network has been dealing with a number of scandals related to privacy, fake news and election meddling. This appointment makes Clegg the most senior European politician ever in a leadership role in Silicon Valley. "Our company is on a critical journey. The challenges we face are serious and clear and now more than ever we need new perspectives to help us though this time of change," Chief Operating Officer Sheryl Sandberg stated. Clegg who is 51 has succeeded Elliot Schrage and will report to Sandberg. He will move to California with his family in the new yea...
Here are The Most Powerful Women in the Business World
INSPIRATIONAL

Here are The Most Powerful Women in the Business World

Even if we have crossed all the levels of inequality, being a woman entrepreneur is the most powerful thing for a woman today. For a long time now, women have been showing a lot of contribution in the business space and we have witnessed some of the most powerful ones emerging out like no one else. Today, these women have created such a world where they have their own identity and have proved their worth. Not only women but even men should take inspiration from the ladies that have built themselves and have become the most powerful women in the business world today. Here we have some of the lady entrepreneurs that you must look after for major business inspiration.   1) MARY BARRA   Mary Barra is the Chairman and CEO of General Motors Company. Talking about her ...
News

How Mark Zuckerberg made meetings better at Facebook

Whether you work at a startup or startup-turned-massive-corporation like Facebook, poorly run meetings can crush productivity and yield little to no results. In a recent Quora post, Facebook COO Sheryl Sandberg says that CEO Mark Zuckerberg "has done a really good job improving the efficiency of meetings at Facebook this year" with two simple but transformative changes: 1. Send relevant materials in advance to those who will be attending. If team managers want to discuss data that doesn't need to be confined to a conference room, then it's in their favor to not dedicate a portion of the meeting for employees to catch up at their own pace. 2. Set a goal at the start of the meeting. Meetings that stretch on for too long typically lack a purpose or agenda. Zuckerberg got managers to an...
Facebook sets up SME Council in India
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Facebook sets up SME Council in India

Social media giant Facebook, which has over two million Indian small and medium businesses (SMBs) on its platform, has set up a SME Council to help small ventures from various industries share feedback and discuss ideas around leveraging technology to grow their enterprise. This is the second SME Council set up by Facebook globally, the first one being in the US. Over 45 million small businesses actively use Facebook Pages to connect to their consumers. "Small businesses are the backbone of India's economy. From kirana stores to restaurants and online clothing sites, these businesses drive economic growth, create new jobs and enrich the lives of people across the country," Facebook India Managing Director Kirthiga Reddy told PTI. Facebook is focussed on helping people connect, i...
Facebook now makes 78 percent of its ad revenue on mobile
News

Facebook now makes 78 percent of its ad revenue on mobile

It wasn’t that many years ago that Facebook had its aha moment — when it realized that mobile was the way forward for advertising. Flash forward to today, and mobile advertising makes up 78 percent of the social network’s total advertising revenue. Advertising makes up almost all of Facebook’s income. The mobile advertising revenue represents a 73 percent uptick from last year’s third quarter. However, revenue from ads served on personal computers was down 7 percent from last year. COO Sheryl Sandberg said Facebook’s three main goals in terms of its advertising business include capitalizing on the shift to mobile, growing the number of marketers using the Facebook platform, and finding new ways to make ads more relevant to users. Sandberg said the average adult in the U.S. ...