Home » General World News » Facebook is sliding after Mark Zuckerberg and Sheryl Sandberg respond to the New York Times exposé (FB)

Facebook is sliding after Mark Zuckerberg and Sheryl Sandberg respond to the New York Times exposé (FB)





sheryl sandberg

  • The New York Times Wednesday published a 6,000-word exposé saying Facebook leadership is “delay, deny and deflect” when dealing with crises, such as Russian interference during the 2016 presidential election.
  • Facebook executives responded to the investigation late Thursday, admitting they are too slow but never intended to hide what they knew.
  • Shares tanked in March in wake of the Cambridge Analytica data scandal, recovered later, but plunged again after disappointing second-quarter earnings in July.
  • Watch Facebook trade live.

Facebook plunged 4% Friday after executives responded to The New York Times investigation into the company’s chaotic leadership. Shares touched an intraday low read more >>>

Source:: BusinessInsider.Com

Comments are closed.