Facebook shuffles top management, eyes Blockchain: Report
San Francisco, May 9: Mired in a massive data breach controversy, Facebook has reportedly rolled out biggest-ever shuffle at the senior management level since its inception -- across platforms, including WhatsApp and Messenger.
According to tech news website Recode, Facebook has made long-time executive Chris Cox in-charge of Facebook, Instagram, WhatsApp and Messenger -- now called a "family of apps".
"Facebook is also building a new team dedicated to Blockchain technology. David Marcus, the executive in-charge of Facebook's standalone messaging app, Messenger, is leaving that post to run the Blockchain group," the report said late on Tuesday.
The Blockchain team would come under "New platforms and infra" run by Chief Technology Officer (CTO) Mike Schroepfer, who will also take care of Facebook's AR, VR and Artificial Intelligence initiatives.
Facebook executive Javier Olivan, Vice President of Growth, will oversee the third division titled "Central product services".
This vertical will include shared features that operate across multiple products or apps such as ads, security and growth.
"Adam Mosseri, the Facebook product executive who runs News Feed, is headed over to Instagram to become the company's new VP of product," the report claimed.
Meanwhile, Chief Operating Officer Sheryl Sandberg will keep her duties.
Facebook on Tuesday announced the appointment of Jeff Zients, CEO of Cranemere, to the company's board of directors and audit committee, effective May 31.
In a jolt to Facebook, WhatsApp co-founder and CEO Jan Koum in April decided to move on amid reports that he had a difference of opinion with parent company Facebook over data privacy, encryption and other issues.
After the Cambridge Analytica data scandal, Facebook has warned investors that more users' data scandals in the future may adversely affect the social networking giant's reputation and brand image.
In its quarterly report shared with the US Securities and Exchange Commission (SEC), without mentioning Cambridge Analytica, Facebook said that its ongoing investments in safety, security and content review will identify additional instances of misuse of user data.
"We may also be notified of such incidents or activity via the media or other third parties," Facebook said.
Appearing before the US Congress, Facebook CEO Mark Zuckerberg told the lawmakers that his own personal data was part of 87 million users' that was "improperly shared" with the British political consultancy firm Cambridge Analytica which has not shut down operations.
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PM Modi attacks Cong, says it is known for "betraying" people
Bengaluru (PTI): Prime Minister Narendra Modi on Sunday attacked the Congress, accusing it of "failing" to provide good governance due to the internal power struggles in Karnataka, and "betraying" people.
He said that a "saffron sun" was rising from Bengaluru amid the BJP's expanding political influence across the country.
Addressing a large gathering of BJP workers in Bengaluru, Modi projected the BJP-led NDA as the embodiment of political stability and development, contrasting it with what he described as Congress' "politics of betrayal" and administrative failure in states ruled by the party.
"For the past three years in Karnataka, instead of resolving people's problems, most of the government's time here has been spent resolving internal conflicts. The Congress government remained gripped by uncertainty over leadership and power-sharing arrangements," the PM said.
Modi was referring to the ongoing power tussle between Chief Minister Siddaramaiah and his deputy D K Shivakumar for the past six months.
"They cannot decide how long the chief minister will remain. They cannot decide whether another person will get a chance or not. Everything has been kept hanging," he said.
Modi said the Congress government invariably faced anti-incumbency within months because the party lacked a governance agenda. "This is because Congress only knows how to betray people. They are false themselves, and their guarantees are also false. There is no chapter on governance in Congress' book of power," he said.
Claiming that the BJP represented stability in an uncertain global environment, Modi said recent election results across states reflected growing public support for the NDA's governance model.
Referring to the NDA returning to power in Puducherry for a second consecutive term, forming government again in Assam, BJP's electoral gains in West Bengal, and the party's sweeping victory in Gujarat local body polls, he said the results indicated a decisive political shift.
"These election results are important for the direction of Indian politics. They reflect the mood of India's youth, women, farmers, poor and middle class," Modi said.
"India's people are saying that they want speed, not scams; they want solutions. They want politics based on national policy," he said.
The Prime Minister said Karnataka had historically played a pivotal role in strengthening the BJP, even during the party's early years. "I can see that a saffron sun has risen today from the land of Bengaluru. Even when the BJP was not such a large party, Karnataka gave it tremendous strength," he said.
