SAN FRANCISCO - Facebook on Tuesday confirmed an unprecedented management team shakeup in the aftermath of a major data privacy scandal that has rocked the social network. In an unprecedented management shakeup co-founder Mark Zuckerberg remained chief of Facebook, with chief operating officer Sheryl Sandberg his second-in-commandCo-founder Mark Zuckerberg remained chief of Facebook, with chief operating officer Sheryl Sandberg his second-in-command. Facebook reshaped its product and engineering teams into three units, including an emerging technologies division focused on blockchain technology used for cryptocurrencies. While not directly mentioned, the executive moves confirmed on Tuesday come as Facebook strives to move past the recent privacy scandal involving Facebook and Cambridge Analytica. The social network is also among online platforms that came under fire for being used to spread misinformation and foment division ahead of the US presidential election in 2016.

Source: Bangkok Post May 09, 2018 01:52 UTC