- July 16, 2021
- Posted by: Stratford Team
- Category: Business
Evercore ISI senior managing director Mark Mahaney suggests large-scale acquisitions by Big Tech could end with Biden’s executive order.
A new tell-all by New York Times reporters Sheera Frenkel and Cecilia Kang,”An Ugly Truth: Inside Facebook’s Battle for Domination” takes a hard look at Facebook’s meteoric rise and what’s been described as its “slow-motion fall from grace,” tainting founder and CEO Mark Zuckerberg and the company’s high profile Chief Operating Officer Sheryl Sandberg.
Some recent reports suggest the two executives co-exist in a strained relationship.
Ticker Security Last Change Change %FB FACEBOOK, INC. 342.07 -2.39 -0.69%
Comprised customer data leaked without users’ knowledge, allegations of U.S. election interference, and the spreading of misinformation top a long list of missteps that continue to dog the social media giant.
This excerpt of the book, shared with FOX Business, details the leak of tens of millions of…