Advertisements for more than 400 brands are due to vanish from Facebook on Wednesday after the failure of last-ditch talks to stop a boycott over hate speech on the site.
Browsing: Sheryl Sandberg
Facebook shares surged in late trading after the largest social media company posted robust quarterly sales growth and signalled it may be close to resolving a US privacy investigation.
Facebook reported revenue that beat Wall Street estimates as advertisers stuck with the social media company through a series of privacy scandals.
Facebook chief operating officer Sheryl Sandberg told employees to investigate financial dealings by George Soros, the billionaire who criticised the company at the World Economic Forum in Davos in January.
Facebook chief operating officer Sheryl Sandberg has come under fire for her handling of company disclosures about Russia’s election influence. CEO Mark Zuckerberg came to her defence on Tuesday.
Facebook has been conducting market research in recent weeks to determine whether an ad-free version paid by subscriptions would spur more people to join the social network, according to people familiar with