Sheryl Sandberg leaves Meta, the parent company of Facebook

Ms. Sandberg flirted with quitting Facebook. In 2016, she told colleagues that if Hillary Clinton, the Democratic presidential candidate...

Ms. Sandberg flirted with quitting Facebook. In 2016, she told colleagues that if Hillary Clinton, the Democratic presidential candidate, won the White House, she would most likely take up a post in Washington, said three people who spoke to her about the decision at the time. . In 2018, after revelations about Cambridge Analytica and Russian interference in the 2016 US presidential election, she again told her colleagues that she considered leaving but did not want to when the company was in crisis.

Last year, Mr Zuckerberg said his company was making a new bet and doing everything for the metaverse, which he called “the successor to the mobile internet”. In her announcement, Ms Sandberg only made an appearance, while other executives featured more prominently.

As Mr. Zuckerberg has revamped the company to focus on the metaverse, some of Ms. Sandberg’s responsibilities were split among other executives. Nick Clegg, chairman of global affairs and a former British deputy prime minister, became the company’s chief spokesperson, a role Ms Sandberg once held. In February, Mr. Clegg was promoted to President of Global Affairs for Meta.

Ms. Sandberg’s profile has faded. She focused on growing the ad business and growing the number of small businesses on Facebook.

She also focused on personal matters. David Goldberg, her husband, had died suddenly in 2015. (Ms. Sandberg’s second book, “Option B,” was about coping with grief.) She then met Mr. Bernthal, and he and his three children moved into her home. of Silicon Valley Southern California during the pandemic. Ms Sandberg, who had two children with Mr Goldberg, has been focused on integrating the families and planning her summer wedding, a person close to her said.

The Transition from Meta to the Metaverse was not easy. The company has been spending heavily on metaverse products while its advertising business has stumbled, in part because Apple’s privacy changes hurt targeted advertising. In February, Meta’s market value has plunged more than $230 billion, its biggest one-day wipeout, after it released financial results that showed it was struggling to make the leap to the metaverse.

In the interview, Ms Sandberg said Meta faced short-term challenges but would weather the storm, as he had in past challenges. “When we went public, we didn’t have mobile ads,” Ms. Sandberg said, citing the company’s rapid transition from desktops to smartphones over the past decade. “We’ve done this before.”

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Newsrust - US Top News: Sheryl Sandberg leaves Meta, the parent company of Facebook
Sheryl Sandberg leaves Meta, the parent company of Facebook
Newsrust - US Top News
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