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(Bloomberg Businessweek) — When she announced her resignation as chief operating officer of Meta Platforms Inc. on June 1, Sheryl Sandberg posted an essay celebrating her long partnership with Facebook co-founder Mark Zuckerberg and recounting her achievements there since 2008. She brought up , of course, and the company’s 3 billion users, but barely alluded … Read more
Text size Meta Platforms follows a number of high-profile companies that changed their ticker symbols. Fabrice Coffrini/AFP via Getty Images Meta Platforms , formerly known as Facebook , is taking the final step to decisively shed its previous identity on Thursday. The company will begin trading under ticker symbol “META,” leaving behind its current trading … Read more
When Sheryl Sandberg first joined Facebook in 2008, she was often referred to as the “adult in the room” that could help co-founder and Chief Executive Mark Zuckerberg, then just 24 years old, turn it into a company Wall Street could trust. Nearly a decade-and-a-half later, Sandberg announced her impending departure Wednesday after fulfilling that … Read more
Sandberg, 52, will remain on the board of Meta, the parent company of Facebook, Instagram and WhatsApp, according to a post on the social network Wednesday. Javier Olivan, who has led the company’s growth efforts for years, will take Sandberg’s place as COO when she formally steps down in the fall.
Text size Meta Chief Operating Officer Sheryl Sandberg joined Facebook in 2008. Mandel Ngan/AFP via Getty Images Meta ’s Sheryl Sandberg is stepping down as chief operating officer of Facebook’s parent company. “It is time for me to write the next chapter of my life,” Sandberg wrote on a post on Facebook. “I am not … Read more
Wages for the median workers at the majority of big American companies are higher than they were before the pandemic, with the tight job market helping to lift paydays for many bank tellers, factory workers and software programmers. Compensation in 2021 for the median worker at 275 companies in the S&P 500 index was higher … Read more
The last time Todd Jones heard this kind of panic in his clients’ voices, it was 2008 and the global financial system was on the brink of collapse. Mr. Jones, the chief investment officer at investment advisory firm Gratus Capital in Atlanta, now finds himself fielding similar calls. Two clients, both retirees, asked him this … Read more
Photo illustration by Barron’s Staff; (reference) Dreamstime (4) Text size It’s hard at any age to buy stocks when prices are falling, but for retirees it can be especially nerve-racking because their time frame for recovery is shorter if share values continue to fall. But buying a dip prudently can not only boost your returns … Read more
Each week we identify names that look bearish and may present interesting investing opportunities on the short side. Using technical analysis of the charts of those stocks, and, when appropriate, recent actions and grades from TheStreet’s Quant Ratings, we zero in on bearish-looking names. While we will not be weighing in with fundamental analysis, we … Read more
Text size Meta Platforms, the former Facebook, has a lower price-to-earnings ratio than other Big Tech companies. Noah Berger/AFP via Getty Images Meta Platforms ‘ stock is as cheap now as it has ever been since the company’s 2012 initial public offering. After a 32% fall in its shares, to $219, since Feb. 2, when … Read more