Meta Loses an Anchor – WSJ

In the sea of ​​”Metamates”, Sheryl Sandberg is jumping ship or being pushed on board. Either way, the company formerly known as Facebook – under a new name and bound by a new destination – has the same captain. And he will take full responsibility for the trip from this point forward.

In a Facebook post on Wednesday, Ms. Sandberg said she would step down as chief executive of Meta after 14 years at the company. Her stated reason is to focus more on family and philanthropy, but the move comes at a sensitive time for an ad business she heads — and still accounts for 97%. company revenue. Meta Loses an Anchor – WSJ

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