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 ]
News tagged with: #privacy breaches #largely responsible #late july #brian wieser

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Facebook Made BuzzFeed, Then Killed It

The digital publisher grew fat off the back of Facebook’s fickle algorithm. Battered and bruised, it’s now going back to where it all began. Continue reading at Wired

[ Wired | 2023-04-24 11:00:00 UTC ]
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ComiXology Veterans David Steinberger and Chip Mosher Launch Comic Book Publishing Company

DSTLRY will focus on premium comics and collectibles with a resellable digital marketplace that "redefines" the creator-owned business structure. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-04-14 04:00:00 UTC ]
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The Morning After: TikTok's parent company reportedly under FBI investigation

In December, ByteDance confirmed it fired four employees who used TikTok to spy on the locations of two journalists. Now, Forbes reports the FBI and the Department of Justice have been investigating the incident. This investigation couldn’t come at a worse time, as ByteDance faces mounting... Continue reading at Engadget

[ Engadget | 2023-03-17 11:30:10 UTC ]
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Indigo won't pay ransom for stolen employee data

Canada's largest bookstore chain says it won't pay ransom to the online group claiming responsibility for the cyberattack that stole at least some personal data of current and former employees of Indigo Books & Music, and which likely caused... Continue reading at CBC

[ CBC | 2023-03-02 02:09:18 UTC ]
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Indigo now says some employee data was stolen in ransomware attack

A ransomware attack compromised the data of current and former employees at Canada's biggest bookstore chain, Indigo Books & Music Inc. says. Continue reading at CBC

[ CBC | 2023-02-24 19:32:50 UTC ]
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Unionized HarperCollins Employees Are Back to Work After a 3-Month Strike

The return, after an agreement that brought a raise in pay for the lowest earners at the publisher, represented a victory to many of the more than 250 workers involved. Continue reading at The New York Times

[ The New York Times | 2023-02-21 19:43:29 UTC ]
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Former Employee Sues Macmillan over 2022 Data Breach

The complaint claims that the company’s negligence exposed employees’ sensitive personal information to hackers in the wake of a widely reported cyberattack in June, 2022. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-02-15 05:00:00 UTC ]
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A Publishing Group Grows on Facebook

At the start of the pandemic, several publishing professionals from around the world launched a Facebook group called Publishers Without Borders to stay connected to the broader global publishing community during lockdown. Today, the group has grown to 4,800 members and become a hub for... Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-01-06 05:00:00 UTC ]
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A Publishing Group Grows on Facebook

At the start of the pandemic, several publishing professionals from around the world launched a Facebook group called Publishers Without Borders to stay connected to the broader global publishing community during lockdown. Today, the group has grown to 4,800 members and become a hub for... Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-01-06 05:00:00 UTC ]
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UTA Buys Fletcher & Company

The Hollywood talent agency is further expanding its presence in book publishing with the acquisition of the independent literary agency Fletcher & Co. After buying U.K.-based agency Curtis Brown in June 2022, the acquisition will see UTA add 12 full-time staffers to its publishing division. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-01-04 05:00:00 UTC ]
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The 16 best books ‘Fast Company’ staffers read in 2022

Looking for a few more good reads before the new year? Here are some recommendations from the ‘Fast Company’ team. While 2021 was a banner year in book publishing, 2022 had its own remarkable moments. Travel book sales started bouncing back as people made vacation plans again, romance reached a... Continue reading at Fast Company

[ Fast Company | 2022-12-18 05:00:00 UTC ]
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In Praise of the Worker-Owned Company (OR: What to Do About Simon and Schuster)

Well, Simon & Schuster is not going to be sold, for now. A federal judge ruled in October that Penguin Random House couldn’t buy the publisher, and since then, Simon & Schuster’s parent company has decided against mounting an appeal. That said, the future of America’s third-largest... Continue reading at Literrary Hub

[ Literrary Hub | 2022-11-29 09:53:56 UTC ]
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Mercer Mayer Co-Founds New Entertainment and Licensing Company

Mercer Mayer, author of 300 books including the long-running Little Critter series, has partnered with digital media developer John Sansevere to form a new company, Twelve/30. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-11-29 05:00:00 UTC ]
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Chris Dore resigns as editor-in-chief of the Australian blaming ‘personal health issues’

Dore tells staff he is ‘exhausted’ and is leaving News Corp Australia to ‘concentrate on restoring my health’Get our morning and afternoon news emails, free app or daily news podcastThe editor-in-chief of the Australian, Chris Dore, has resigned suddenly, citing “personal health issues”.The... Continue reading at The Guardian

[ The Guardian | 2022-11-16 07:28:50 UTC ]
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University Press Week: A Total 158 Campus Publishing Companies

The 11th iteration of University Press Week highlights 'pressing social conversations' and 'vital scholarship,' among other things. The post University Press Week: A Total 158 Campus Publishing Companies appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2022-11-14 20:15:56 UTC ]
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Why media investors are saying publishing company VC funding slowdown is a good thing

The venture capital market is slowing -- and while that might be a good thing for some investors, it'll likely be more difficult for media companies to raise capital. Continue reading at Digiday

[ Digiday | 2022-11-10 05:01:00 UTC ]
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Penguin Random House's Kim Shariff Discusses the Company's DEI Strategy

PRH's third annual demographics report shows that diversity among its leadership and executive teams continues to be a work in progress. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-11-09 05:00:00 UTC ]
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The New York Post says racist and sexist posts came from rogue employee (updated)

Fast Company isn't the only news outlet to suffer a recent, high-profile security breach. As CNBCreports, The New York Post has confirmed a rogue employee was behind racist and sexist posts on the newspaper's website and Twitter account. The perpetrator lashed out at various targets as part of... Continue reading at Engadget

[ Engadget | 2022-10-27 15:22:26 UTC ]
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HarperCollins Lays Off 'Small Number' of Employees

Faced with slowing industry sales and rising costs, HarperCollins has eliminated what it called a "small number" of positions, and instituted a number of other measures in a bid to "operate as efficiently as possible," CEO Brian Murray announced to employees on October 13. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-10-13 04:00:00 UTC ]
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The UK’s Nosy Crow Opens a US Company

The 12-year-old English powerhouse in independent children's publishing is distributed in the States by Hachette Book Group. The post The UK’s Nosy Crow Opens a US Company appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2022-09-15 00:53:36 UTC ]
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