Facebook employees blame Sheryl Sandberg for company's downfall

When Facebook was growing quickly and its shares were soaring, Sandberg was lauded for her leadership and meticulous management of relationships. After writing the 2013 book "Lean In," which advocated for women in the workplace, she became the most famous female executive in America.But this year, a series of company scandals and missteps, including misinformation on the social network and privacy breaches, have caught up to the 49 year-old executive. As COO, Sandberg oversees advertising and is rightly praised for masterminding an explosion in revenue. But she also leads legal and policy at Facebook, making her largely responsible for rising regulatory risks, souring government relationships and a 39 percent slump in Facebook's stock since late July."Many of the most pressing problems fall under Sandberg's responsibility," said Brian Wieser, an analyst at Pivotal Research Group. "Placing the blame on Sandberg would be a convenient path forward for them." Continue reading at AdAge.com Continue reading at 'Advertising Age'

[ Advertising Age | 2018-11-26 00:00:00 UTC ]
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James Tynion IV’s Tiny Onion Blooms Into an Indie Comics Production Company

The acclaimed comics writer is expanding his Tiny Onion brand into an independent production house, which will operate like a book packager, managing Tynion’s creations and working with other creators on their own projects. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-02-16 05:00:00 UTC ]
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Vivendi to Separate into Four Companies, Including a Publishing Firm

Vivendi plans to separate into four companies, including an as-yet-unnamed publishing company that would include its nearly 57.3% majority stake in Lagardère, the parent company of Hachette Livre. The company would be listed on the stock market. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-02-05 05:00:00 UTC ]
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Wild Rumpus Bookstore Ownership Transferred to Four Employees

Collette Morgan, owner of the Minneapolis children's bookstore that she and her then-husband opened in 1992, has transferred its ownership to four of the store's eight employees. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-01-19 05:00:00 UTC ]
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Audible reportedly lays off over 100 employees

If you thought Big Tech’s dreadful year of layoffs would be confined to 2023, you’re (sadly) mistaken. Audible laid off around five percent of its employees on Thursday, which Variety reports is “just over 100 staffers.” The cuts in the audiobook division are part of parent company Amazon’s most... Continue reading at Engadget

[ Engadget | 2024-01-11 22:00:11 UTC ]
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At PRH, CEO Nihar Malaviya Sets Employee Priorities for 2024

Improving psychological safety, clarity around corporate strategy, and more attention on professional development are the three areas of focus Penguin Random House will prioritize over the two years, according to a memo from global CEO Nihar Malaviya. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-01-10 05:00:00 UTC ]
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Poetry sales boom as Instagram and Facebook take work to new audiences

Writing and reading poems is no longer a minority pastime as verse overlaps with self-help genre and classics are revisitedIt was only last year that the Scottish poet Donna Ashworth was given a publishing contract. Now the 48-year-old has ended 2023 with five of her books in the Top 20 poetry... Continue reading at The Guardian

[ The Guardian | 2023-12-24 12:00:53 UTC ]
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B&T’s Aman Kochar Reflects on the Changes He Has Made Since Buying the Company Two Years Ago

Baker & Taylor’s Aman Kochar has embraced the wholesaler’s role as a conduit between libraries and publishers. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-12-08 05:00:00 UTC ]
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Why AI, revenue diversification and ad spend are the defining 2024 trends for media companies

Will Barker, manager, strategic customer success, BlueConic The media and publishing industry is constantly evolving. With this, it’s often difficult to keep up with the latest trends, especially with fast-evolving technologies emerging all the time and ripple effects remaining from the global... Continue reading at Digiday

[ Digiday | 2023-12-05 15:08:37 UTC ]
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What Not To Say to Bookstore Employees

Let's unpack the psyche behind the shelf. Here are a few things to avoid saying to bookstore employees — from a former bookseller. Continue reading at Book Riot

[ Book Riot | 2023-11-30 11:31:00 UTC ]
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IAC and News Corp call out generative AI companies for scraping their content without compensation

During News Corp’s and IAC’s latest earnings calls, the publishers reiterated their anger toward generative AI companies scraping their content without permission or payment — and what they think the next steps will be. Continue reading at Digiday

[ Digiday | 2023-11-17 05:01:00 UTC ]
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Powell’s Books Employees Reject Proposed Contract

On November 9, following nine months of negotiations, Powell’s Books workers represented by ILWU Local #5 rejected a tentative contract with Powell’s management. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-11-15 05:00:00 UTC ]
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The 10 Best Indie Publishing Companies To Follow To Find Your Next Read

What are some of the best indie publishing companies to follow to find your next excellent read? One reader investigates. Continue reading at Book Riot

[ Book Riot | 2023-11-09 11:33:00 UTC ]
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RMIT’s fact check reinstated by Facebook two months after suspension over News Corp voice complaints

Exclusive: Meta suspended RMIT FactLab from Facebook’s fact-checking program after no campaigners claimed it was biasedFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastFacebook has agreed to reinstate RMIT FactLab to... Continue reading at The Guardian

[ The Guardian | 2023-11-08 02:03:36 UTC ]
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How Simon & Schuster’s Sale to KKR Could Affect the Company

Simon & Schuster may not have been merged with Penguin Random House, but that doesn’t mean KKR’s acquisition of it is without cons. Continue reading at Book Riot

[ Book Riot | 2023-10-18 10:33:00 UTC ]
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Malaysia pulls out of Frankfurt book fair, blaming organisation’s pro-Israel stance

Representatives of the south-east Asian country stated that the event, the world’s largest, has allied itself with Israel in its war with Hamas, after an award due to be presented to a Palestinian writer was cancelledMalaysia’s education ministry has pulled out of the Frankfurt book fair, citing... Continue reading at The Guardian

[ The Guardian | 2023-10-17 14:46:40 UTC ]
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Capen Publishing Buys Six Imprints from Southwestern Family of Companies

Capen Publishing Company has acquired the Favorite Recipes Press, Quail Ridge Press, Beckon Books, Blue Sneaker Press, Greenwich Publishing, and Historic Hospitality Books imprints from Southwestern Family of Companies. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-10-11 04:00:00 UTC ]
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Lego employees share 10 secrets for finding boundless creativity

Tips for feeling motivated, embracing bad ideas, getting over creative blocks, and more. Some conference room tables boast bowls of candy or a gaggle of diminutive bottles of water. Others, painfully benign centerpieces, like a vase filled with colored glass beads. But when the Chronicle Books... Continue reading at Fast Company

[ Fast Company | 2023-10-07 05:00:00 UTC ]
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Spotify CEO Daniel Ek explains the company’s new audiobook subscription plan

Ek blames Apple for holding back his company’s first foray into audiobooks and confirms his company is in talks with Google about in-app purchases. Spotify is doubling down on audiobooks: Paying subscribers of the music service will now have access to up to 15 hours of audiobook listening as... Continue reading at Fast Company

[ Fast Company | 2023-10-03 16:30:00 UTC ]
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‘Fortnite’ maker Epic Games lays off 830 employees, 16% of workforce

The company is also selling and spinning off some of its divisions as the video game industry faces cutbacks. Epic Games, maker of the smash hit Fortnite, isn’t immune to the troubles of the video game industry. The publisher announced Thursday it was laying off 16% of its staff, which works... Continue reading at Fast Company

[ Fast Company | 2023-09-28 14:15:00 UTC ]
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Vice Media Group’s Cory Haik says company’s publishing business is ‘very close to profitability’

During the Digiday Publishing Summit, the COO of VMG’s news and entertainment arm explained how its publishing business plans to bounce back over the next 12 to 18 months. Continue reading at Digiday

[ Digiday | 2023-09-20 04:01:00 UTC ]
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