Key Facebook Force Sheryl Sandberg Steps Down

Meta chief operating officer Sheryl Sandberg has been seen as a steady, guiding hand working closely with chief and co-founder Mark Zuckerberg FABRICE COFFRINI AFP/File
Meta chief operating officer Sheryl Sandberg has been seen as a steady, guiding hand working closely with chief and co-founder Mark Zuckerberg FABRICE COFFRINI AFP/File
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Key Facebook Force Sheryl Sandberg Steps Down

Meta chief operating officer Sheryl Sandberg has been seen as a steady, guiding hand working closely with chief and co-founder Mark Zuckerberg FABRICE COFFRINI AFP/File
Meta chief operating officer Sheryl Sandberg has been seen as a steady, guiding hand working closely with chief and co-founder Mark Zuckerberg FABRICE COFFRINI AFP/File

Meta's second most powerful executive Sheryl Sandberg made the shock announcement Wednesday she will leave after a 14-year tenure that included helping steer scandal-prone Facebook to advertising dominance.

Sandberg, 52, has been one of the most influential women in Silicon Valley and her departure comes as the social media juggernaut faces an uncertain future and fierce competition, AFP said.

Her exit from Facebook parent Meta will be effective in the fall, she wrote on the platform, adding she planned to remain on the firm's board.

A Harvard-educated executive, Sandberg joined Facebook in 2008 when it was still just a startup, playing a formative role in its development into a multi-billion dollar advertising empire.

"Fourteen years later, it is time for me to write the next chapter of my life," Sandberg said. "I am not entirely sure what the future will bring -- I have learned no one ever is."

Her job made her not just a recognizable face in tech but also a household name, particularly thanks to her 2013 book "Lean In: Women, Work, and the Will to Lead."

The best seller encouraged women to "lean in" to their careers in order to reach their full potential and overcome workforce obstacles.

It has drawn applause from admirers for articulating a new modern feminist vision and sharp criticism from detractors who say her lofty position has made her out-of-touch with the grueling personal cost of combining career and family.

The social network has recently rebranded itself in a pivot toward a belief the internet is headed towards becoming an immersive virtual world, referred to as the metaverse.

The Silicon Valley colossus has seen its image tainted by accusations it has put profit over user privacy and even the good of society.

"Sandberg leaves Meta, and the social media environment that Facebook helped create, in a far worse place than she found it," said Media Matters for America president Angelo Carusone.

"Hers is a legacy of enabling trolling, harassment, and abuse."

Meanwhile, the likes of TikTok, LinkedIn, Pinterest, Twitter and even Apple now vie with Meta for people's online attention as the Facebook platform is increasingly seen as a place for older people.

CEO Mark Zuckerberg said that the role Sandberg held at the company will be re-shaped, with Javier Olivan becoming Meta's chief operating officer.

The next COO will be more traditional, different from the close second-in-command status Sandberg holds, Zuckerberg said.

"She has taught me so much and she has been there for many of the important moments in my life, both personally and professionally," Zuckerberg said in a Facebook post.

"I'm going to miss running this company with Sheryl."

Meta shares fell more than two percent on word that Sandberg was leaving, another blow to a stock value that has plummeted on worries that the company's regular growth was coming to an end.

- Guiding hand -
Facebook was about four years old when Sandberg came on board as a mature, guiding hand at a tech firm with a motto "move fast and break things."

"I was only 23 years old and I barely knew anything about running a company," Zuckerberg said.

"Sheryl architected our ads business, hired great people, forged our management culture, and taught me how to run a company."

Zuckerberg's farewell to Sandberg gave Creative Strategies analyst Carolina Milanesi a sense that he believes he has outgrown her.

"It feels like that relationship is no longer needed or working," Milanesi told AFP.

Sandberg, long seen as the "adult" at the youthfully managed firm, has found herself the center of controversy over her role in pushing back at criticism of the social media giant.

Sandberg drew fire in particular over an embarrassing effort to probe George Soros, the billionaire investor, after he assailed the online network as a "menace to society."

Facebook has acknowledged that Sandberg asked her staff to conduct research on the Hungarian-born billionaire following his remarks, out of concern that he held a "short" position that would profit from a decline in shares.

Among the tech whiz kids, Sandberg offered a steadier hand as a result of her background working for former US Treasury secretary Larry Summers and the philanthropic arm of Google.

Sandberg in 2015 was devastated by the sudden death of her husband, US tech executive David Goldberg, at an upscale resort in Mexico.

Two years ago she announced her engagement to marketing executive Tom Bernthal.



Brazil to Get Satellite Internet from Chinese Rival to Starlink in 2026

Brazil's new Chief of Staff of the Presidency Rui Costa attends a ministerial meeting at the Planalto Palace in Brasilia, Brazil January 6, 2023. REUTERS/Adriano Machado
Brazil's new Chief of Staff of the Presidency Rui Costa attends a ministerial meeting at the Planalto Palace in Brasilia, Brazil January 6, 2023. REUTERS/Adriano Machado
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Brazil to Get Satellite Internet from Chinese Rival to Starlink in 2026

Brazil's new Chief of Staff of the Presidency Rui Costa attends a ministerial meeting at the Planalto Palace in Brasilia, Brazil January 6, 2023. REUTERS/Adriano Machado
Brazil's new Chief of Staff of the Presidency Rui Costa attends a ministerial meeting at the Planalto Palace in Brasilia, Brazil January 6, 2023. REUTERS/Adriano Machado

Chinese low Earth orbit satellite company SpaceSail will start providing internet access to remote areas in Brazil in the first half of 2026, President Luiz Inacio Lula da Silva's chief of staff, Rui Costa, said on Wednesday, Reuters reported.

SpaceSail and Brazil's state-owned telecom Telebras had signed a memorandum of understanding in late 2024 to offer satellite internet services for schools, hospitals and other essential services in the South American country.

SpaceSail competes directly with Elon Musk's Starlink in the satellite internet market.


Google Launches First Ever Co-branded Credit Card in India

FILE PHOTO: A Google logo is seen at a company research facility in Mountain View, California, US, May 13, 2025. REUTERS/Carlos Barria/File Photo
FILE PHOTO: A Google logo is seen at a company research facility in Mountain View, California, US, May 13, 2025. REUTERS/Carlos Barria/File Photo
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Google Launches First Ever Co-branded Credit Card in India

FILE PHOTO: A Google logo is seen at a company research facility in Mountain View, California, US, May 13, 2025. REUTERS/Carlos Barria/File Photo
FILE PHOTO: A Google logo is seen at a company research facility in Mountain View, California, US, May 13, 2025. REUTERS/Carlos Barria/File Photo

Alphabet Inc's Google Pay launched its first co-branded digital credit card in India on Wednesday in partnership with Axis Bank, intensifying efforts to monetize its massive user base in the country's crowded fintech sector.

WHY IT'S IMPORTANT

While Google Pay is a dominant player in India's popular domestic payments network, the Unified Payments Interface (UPI), its core service generates zero revenue from user-to-user payments due to government mandates. It, however, earns commissions for in-app services like bill payments and mobile recharges, Reuters reported.

The credit card launch opens a new avenue for Google to monetize its user base, mirroring strategies by domestic rivals Paytm and PhonePe to cross-sell lending products to payment users.

BY THE NUMBERS

India has just 50 million credit card holders, according to Google Pay, whereas its population exceeds 1.4 billion.

Google Pay meanwhile is the second top app in India by number of UPI transactions, having processed nearly 7.2 billion transactions in October alone.

HOW IT WORKS

Axis Bank manages the credit risk and issuance, while the digital-only card will be linked to the Google Pay app to make online and offline payments on the go.


UK Looks to Restart Cooperation after US Suspends Tech Deal

Pedestrians walk across Westminster Bridge as early morning fog covers the streets of London on December 17, 2025. (Photo by JUSTIN TALLIS / AFP)
Pedestrians walk across Westminster Bridge as early morning fog covers the streets of London on December 17, 2025. (Photo by JUSTIN TALLIS / AFP)
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UK Looks to Restart Cooperation after US Suspends Tech Deal

Pedestrians walk across Westminster Bridge as early morning fog covers the streets of London on December 17, 2025. (Photo by JUSTIN TALLIS / AFP)
Pedestrians walk across Westminster Bridge as early morning fog covers the streets of London on December 17, 2025. (Photo by JUSTIN TALLIS / AFP)

The UK government on Wednesday said it was focused on resuming talks promptly after the United States suspended implementation of a tech cooperation deal with Britain.

The deal was signed during US President Donald Trump's pomp-filled state visit to the UK in September.

But on Tuesday Michael Kratsios, head of the White House Office of Science and Technology Policy, said on X that the UK must make "substantial progress" on trade talks for the deal to resume.

The US and UK have been trying to implement the "Economic Prosperity Deal," agreed in May and one of the first international agreements signed after Trump threatened the world with punishing tariffs on goods entering the United States.

The US-UK Technology Prosperity Deal agreed in September 2025 was a non-binding agreement to sit alongside the broader Economic Prosperity Deal.

It was designed to align the two countries on tech innovation while spurring mostly private-sector investment, Agence France Presse reported.

Following the White House announcement, a UK government spokesperson said: "We look forward to resuming work on this partnership as quickly as possible... and working together to help shape the emerging technologies of the future."

Business and Trade Secretary Peter Kyle held trade talks with US counterparts in Washington DC last week to progress the Economic Prosperity Deal, the spokesperson said.

"They celebrated the success of the recent pharma deal and both sides agreed to continue further negotiations next year."

According to the Financial Times, US officials have become increasingly frustrated with Britain's lack of willingness to address non-tariff barriers, including rules and regulations governing food and industrial goods.