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Tuesday, March 31, 2009

Facebook CFO Gideon Yu Out; Fast-Growing Social Network Says It’s Doing Fine Financially

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Facebook CFO Gideon Yu is leaving Facebook, as the company announced internally today that it was replacing him and searching for a new CFO on the path to an eventual IPO.

The Wall Street Journal also reported the news, noting that the huge social-networking start-up was looking for a CFO with “public company experience.”

But several sources within the company said the departure was more due to an increasingly strained relationship between Yu and Facebook founder and CEO Mark Zuckerberg over strategic disagreements about a wide range of issues, from increasing ad revenue to fund-raising discussions with investors.

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Monday, August 18, 2008

The Curious Case of Facebook’s Benjamin Ling and Sheryl Sandberg

Here’s one certainty in the hubbub that has resulted in the wake of the departure of high-profile exec Ben Ling from Facebook last week: COO Sheryl Sandberg is definitely not responsible for the melting of the polar ice caps.

That’s the joking question–Was global warming Sandberg’s fault too?–that was asked at a staff meeting at the social networking start-up last Friday afternoon, after the news of Ling’s departure, on the heels of some other previous employee exits, suddenly morphed into a series of increasingly vituperative posts on the Valleywag tech gossip site that all centered on what blogger Owen Thomas called Sandberg’s “reign of terror” at Facebook.

The truth of the situation, though, is actually a lot more interesting.

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Thursday, August 14, 2008

Ben Ling Lands (Back) at Google–This Time, at YouTube

Ben Ling–the high-profile Facebook platform exec who came from Google less than a year ago and then up and left the social-networking site earlier this week–is heading back to Google, this time taking a job leading monetization efforts at YouTube, according to sources.

On Tuesday, it was reported here that Ling was leaving his job at Facebook, where he has been director of platform product marketing.

It is a move that will surely spur many to rev up the Facebook-versus-Google stories, given that several Google execs have been recruited by Facebook over the last year.

Apparently, the Empire does strike back.

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Tuesday, August 12, 2008

Ben Ling to Leave Facebook

Earlier this afternoon, sources told BoomTown that Ben Ling was leaving his job at Facebook, a high-profile departure given that the social-networking company grabbed the well-known techie from Google.

Ling and Facebook have since confirmed the departure to me.

At Facebook, Ling has been director of platform product marketing.

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Wednesday, June 18, 2008

Harvard Dropout Zuckerberg Feted by, Well, Harvard!

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Oh the sweet irony of Facebook Founder and CEO Mark Zuckerberg getting awarded a big round glass object, suitable for mantel-showing-off, from Harvard types.

Especially since he is now the school’s second most famous tech mogul dropout–after Microsoft’s Bill Gates.

But that was the case last night at the San Francisco Airport Hyatt Regency, where the 24-year-old Zuckerberg collected the 30th Entrepreneurial Company of the Year Award from the Harvard Business School Association of Northern California.

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Wednesday, May 21, 2008

Stampede! Facebook Opens Its Profile Doors

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This morning, Facebook is planning on showing a little leg to the press, throwing a “casual Open Door session… to learn more about the upcoming New Profile Design.”

You know, the long expected renovation of main Facebook pages consumers use daily, which has third-party developers in a hubbub and is likely to cause an even bigger one among users no matter how good it is?

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Monday, May 5, 2008

Google’s PR Head Elliot Schrage Heads to Facebook

The Googlefication of Facebook continues, as Elliot Schrage, the search giant’s vice president of global communications and public affairs, takes the title of vice president of communications and public policy at the popular social-networking site.

Schrage confirmed his new job to BoomTown, right after he friended us on Facebook last night, using its new chat feature. [...]

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About Kara

Kara Swisher started covering digital issues for The Wall Street Journal's San Francisco bureau in 1997 and also wrote the BoomTown column about the sector. With Walt Mossberg, she co-produces and co-hosts D: All Things Digital, a major high-tech and media conference.

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Ethics Statement

Here is a statement of my ethics and coverage policies. It is more than most of you want to know, but, in the age of suspicion of the media, I am laying it all out.

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