Facebook shuffle units, introduces blockchain division

43

FacebookSocial networking site Facebook has reshaped its product and engineering teams into three units. It has launched a division focused on blockchain technology used for virtual currencies.

Facebook decided to undergo the shuffle in the wake of the major controversy created due to the data breach scandal.

Despite the changes, Mark Zuckerberg the Co-founder of the site remained chief of Facebook, with chief operating officer Sheryl Sandberg his second-in-command.

Chris Cox, a longtime member of Zuckerberg’s inner circle, has been made in charge of Facebook’s core application as well as smartphone services Instagram, WhatsApp, and Messenger.

Get a chance to meet the Who's who of the BFSI industry. Join Us for 8th SecureIT Summit, Mumbai and explore business opportunities. Like us on Facebook, connect with us on LinkedIn and follow us on Twitter, Instagram & Pinterest.