Why Sheryl Sandberg, Facebook’s ‘adult in the room’, may pay the price for its failings
by Edward Helmore from on (#45HXJ)
After months of revelations about the firm, the executive is being talked of as a sacrifice, not founder Mark Zuckerberg
Facebook's already terrible year is ending on a new low, as Mark Zuckerberg and his beleaguered executive team battle another share price slide, this time triggered by new revelations about the company's relaxed attitude to the privacy of its 2.2 billion customers' data.
Shares dropped more than 7% on Tuesday after it was revealed that the company had bent its own data rules for clients including Netflix, Spotify, Amazon, Microsoft and Sony.
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