• Loading stock data...
PublicWire | Emerging Market Stock News
  •  Home
  • Technology
  • Medical
  • Energy
  • Cannabis
  • Finance
  • Retail
  • General
  • Podcast
  • Videos
  • Services
  •  Home
  • Technology
  • Medical
  • Energy
  • Cannabis
  • Finance
  • Retail
  • General
  • Podcast
  • Videos
  • Services
No Result
View All Result
PublicWire
No Result
View All Result

Home » Technology » Facebook COO says they are ready for crisis because they learned from their mistakes

Facebook COO says they are ready for crisis because they learned from their mistakes

Leean Vitudio by Leean Vitudio
April 1, 2020
in Technology
2 min read
31
0
Sheryl Sandberg said that learning from their mistakes in the past prepared Facebook for crisis like COVID-19.

Sheryl Sandberg said that learning from their mistakes in the past prepared Facebook for crisis like COVID-19. Photo: TechCrunch50-2008 | Flickr | CC BY 2.0

Facebook has learned from the lessons and the mistakes in the past, which prepared the tech giant to deal with the crisis that is caused by the coronavirus pandemic, Facebook COO Sheryl Sandberg, on Wednesday. 

“Some of the troubles we had and some of the mistakes we made over the past years, we worked so hard to correct those and set ourselves up, they’re serving us well,” Sandberg said on the Skim’d from The Couch podcast.

The tech giants have been subjected to criticisms and backlash in the last few years for its failure to police its system from misinformation campaigns as well its involvement in the Cambridge Analytica scandal. The scandal, which happened in late 2015, involves the UK PR firm, which allegedly illegally used data scraped from Facebook to run targeted campaigns in an effort to elect President Donald Trump.  

Now, as the coronavirus pandemic continues to affect governments and economies around the world, Sandberg said it is prepared to take action and is doing its best to respond as quickly as possible. 

“We have felt very much under siege, not quite at this level, but knowing that we had a lot to chew very quickly for the last couple of years,” Sandberg said. “And again, I think the pace at which we’ve been working is serving us well during this period.”

For the past few months, Facebook has already taken some steps to contribute to the global response against COVID-19. Notably, the tech company has met with the World Health Organization and tech leaders to discuss what solutions Silicon Valley can offer. They have also launched a crackdown on ads selling critical medical supplies like masks, alcohols, and other personal protective equipment. The company also set up a $100 million program to help small businesses that have been impacted by the pandemic. 

“When you think about harmful misinformation, you know years ago we didn’t have the policies to take that information down,” she said. “We learned the hard way that we needed that. We had that in place when COVID-19 came around.”

Leean Vitudio

Leean Vitudio

Living a double life: marketing executive by day, writer at the dead of night.

Related Posts

Trump Retweets Richard Grenell’s Call to Ban Microsoft from Federal Contracts
Technology

Trump Retweets Richard Grenell’s Call to Ban Microsoft from Federal Contracts

June 12, 2020
155
Tiktok named its new CEO Kevin Mayer
Social Media

TikTok Named Kevin Mayer as its new CEO to Lead its U.S. Operations

May 19, 2020
153
Virgin Galactic
Technology

Richard Branson to Sell More Than a Fifth of Virgin Galactic Shares

May 12, 2020
116
Uber removes 3,700 employees or 14% of its global workforce
Technology

Uber Slashed 14% of its Global Workforce to Compensate COVID-19 Pandemic Losses

May 6, 2020
135
Airbnb Job Cuts COVID-19 Pandemic
Technology

Airbnb Cuts 1,900 Jobs to Compensate Losses

June 18, 2020
123
General Motors and Ventec Life Systems are partnering to convert the GM Kokomo, Indiana ERC building for the production of Ventec ventilators in response to the COVID-19 pandemic.
General

GM announces the start of production of critical-care ventilators shortly after Trump’s tweets against CEO

March 27, 2020
132
Currently Playing

Subscribe To Our Newsletter

Ad

PublicWire | Emerging Market Stock News 24/7 | Investor Relations US Stock Market

© Copyright 2020 PublicWire.com

Navigate Site

  • About
  • #96576 (no title)
  • Disclaimer
  • Watch LIVE
  • Privacy Policy
  • Terms and Services
  • Contributors

Follow Us

No Result
View All Result
  • LIVE Investor News Channel
  • Cannabis
  • Energy
  • Finance
  • General
  • Medical
  • Podcasts
  • Retail
  • Technology
  • #370 (no title)

© Copyright 2020 PublicWire.com

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Public Wire Logo

Hello please subscribe to our newsletter to get up to date news weekly!

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.