TheJakartaPost

Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post

Facebook makes major management overhaul

Facebook reshaped its product and engineering teams into three units, including an emerging technologies division focused on blockchain technology used for cryptocurrencies.

News Desk (Agence France-Presse)
San Francisco, United States
Thu, May 10, 2018 Published on May. 9, 2018 Published on 2018-05-09T18:18:56+07:00

Change text size

Gift Premium Articles
to Anyone

Share the best of The Jakarta Post with friends, family, or colleagues. As a subscriber, you can gift 3 to 5 articles each month that anyone can read—no subscription needed!
US media reports indicated that a disagreement with Facebook over the privacy of user data may have also been a factor in Koum's decision to quit his position as a high-ranking executive and likely leave his seat on the board at the leading online social network. US media reports indicated that a disagreement with Facebook over the privacy of user data may have also been a factor in Koum's decision to quit his position as a high-ranking executive and likely leave his seat on the board at the leading online social network. (Shutterstock.com/Ink Drop)

F

acebook on Tuesday confirmed an unprecedented management team shakeup in the aftermath of a major data privacy scandal that has rocked the social network.

Co-founder Mark Zuckerberg remained chief of Facebook, with chief operating officer Sheryl Sandberg his second-in-command.

Chris Cox, a longtime member of Zuckerberg's inner circle, was put in charge of Facebook's core application as well as smartphone services Instagram, WhatsApp, and Messenger, the California-based company confirmed.

A crab-shaped plate reveals coconut jelly, aloe vera and melon. Cancer’s sweetness in edible form.

From The Weekender

Zodiac on a plate: Dining through the stars at 71st Omakase

From blooming flowers to rabbit hunts, this 12-course omakase brings the zodiac to life, literally one dish at a time.

Read on The Weekender

The major shuffling of executives was first reported by technology news website Recode.

Facebook reshaped its product and engineering teams into three units, including an emerging technologies division focused on blockchain technology used for cryptocurrencies.

David Marcus said in a post on the social network that, after four years in charge of Messenger, he is "setting up a small group to explore how best to leverage blockchain across Facebook."

He expressed confidence in his Messenger successor, whom he identified as Stan Chudnovsky.

Longtime Facebook executive Javier Olivan will be in charge of a "central product services" division handling features such as security and ads that are common to various services run by the social network, according to Recode.

Read also: Will Facebook Indonesia face criminal charges for data breach?

While more than a dozen executives saw their jobs change, none appeared to be leaving the company, US media reports indicted.

WhatsApp co-founder Jan Koum last month announced his departure from Facebook, which bought the smartphone messaging service four years ago for $19 billion.

Koum said in a post on his Facebook page that he is taking time off to pursue interests such as collecting air-cooled Porsches, working on cars and playing ultimate Frisbee.

US media reports indicated that a disagreement with Facebook over the privacy of user data may have also been a factor in Koum's decision to quit his position as a high-ranking executive and likely leave his seat on the board at the leading online social network.

WhatsApp boasts more than 1.2 billion users worldwide.

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.

Zuckerberg spent most of the past month on the fallout from revelations on the hijacking of personal data by the political firm, seeking to assuage fears that the California-based internet colossus can safeguard privacy while making money by targeting ads based on what people share about themselves.

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.

Your Opinion Matters

Share your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.

Enter at least 30 characters
0 / 30

Thank You

Thank you for sharing your thoughts. We appreciate your feedback.

Share options

Quickly share this news with your network—keep everyone informed with just a single click!

Change text size options

Customize your reading experience by adjusting the text size to small, medium, or large—find what’s most comfortable for you.

Gift Premium Articles
to Anyone

Share the best of The Jakarta Post with friends, family, or colleagues. As a subscriber, you can gift 3 to 5 articles each month that anyone can read—no subscription needed!

Continue in the app

Get the best experience—faster access, exclusive features, and a seamless way to stay updated.