Facebook Open Graph Leader Leaves: Director Of Product Management Carl Sjogreen Plots Next Adventure
Facebook's acq-hiring like crazy and retaining lots of top talent, but today marks another post-IPO departure as Director of Product Management Carl Sjogreen told friends that he's heading out to take some family time and "plot my next adventure". However, he tells me there's "no concrete ideas yet". Sjogreen's exit follows director of corporate communications Barry Schnitt taking the top comms and public policy role at Pinterest, and CTO Bret Taylor leaving to found a new startup. Many suspected the social network's IPO was designed to give liquidity to long-time employees, but it seems the pull of fresh challenges is outweighing high salaries and extra stock grants for some Facebookers.
Facebook's Growth Since IPO In 12 Big Numbers
Facebook still hasn't clawed its way back up to its $38 IPO price, but it's made steady progress since going public a year ago. Daily users up 26%, mobile monthly users up 56%, and revenue up 38% are some highlights. It's running out of people to sign up in the developed world, but with this growth and no serious competitor in sight, it's curious that the share price hasn't improved.
Union: Tech Industry Is “Greedy” For Wanting To End Hiring Wait Period For Immigrants
“The tech industry is, frankly, being greedy. They are going back and asking for changes to language they helped write and blatantly trying to roll back requirements that give high-skilled American workers a fair shot at getting a job,” said AFL-CIO legislative Representative Andrea Zuniga DiBitetto about new proposals to ease the hiring of high-skilled foreign workers. Facebook founder Mark Zuckerberg reportedly called Senator Orin Hatch to push more tech-friendly changes to the comprehensive immigration reform bill. Among Hatch’s most contentious suggestions is an end to a 90-day wait period before companies can solicit applicants with a foreign work visa. According to Reuters, under Hatch’s amendment, employers would only have to make a good-faith effort to hire Americans. While, conceptually, comprehensive immigration reform has strong bi-partisan support, its passage is far from certain. Reuters could not report whether unions would support the bill, should Hatch’s changes ...
Facebook Kills Social Roulette, The App With A 1/6 Chance Of Deleting Your Facebook Account
If you want a digital detox, you're going to have to pull the trigger yourself. Social Roulette is an app that would delete one in six users' Facebook account data, but its founder confirms it's been blocked by Facebook so it no longer functions. While there's no specific policy prohibiting apps from deleting your data, Social Roulette is clearly counter to Facebook's mission and business model.
Facebook's Longtime Communications Director Larry Yu Departs To Join Upstart PR Firm Pramana
Larry Yu, the public relations executive who has headed up Facebook's corporate communications operation for five years and helped steer the company through the publicity blitz surrounding its IPO, is leaving the social networking company. He announced his departure this morning in a post on Facebook, writing: "Nearly five years ago, I joined some friends at a privately-held company called Facebook to help a small team scale and expand upon the company’s story. That journey was, in a word, crazy. And fun. Terrifying. And gratifying. So I'm off to do it again. I’m joining my friends Brandee, Brian and Sean to help build The Pramana Collective, a project-focused communications consultancy that works with cool companies."