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Bloomberg Tech

Sheryl Sandberg Steps Down as COO of META

Bloomberg Tech

Bloomberg

Tech News, News, Business News

4.470 Ratings

🗓️ 1 June 2022

⏱️ 45 minutes

🧾️ Download transcript

Summary

Bloomberg's Emily Chang dives deeper into Wednesday's major announcement of Sheryl Sandberg stepping down as Meta COO following her exclusive interview with the former tech exec. Plus, a look at Tesla's return to office mandate.  

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Transcript

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0:00.0

Join Stacey Abrams, Leib Shriver, Gina McCarthy, and more of the planet's environmental

0:06.2

leaders and problem solvers for the Bloomberg Green Festival in Seattle, July 10th to the 13th.

0:12.8

Title sponsor Amazon, Official Airline, Alaska Airlines.

0:17.6

Supporting sponsor, Providence.

0:19.9

Contributing sponsor, Wareyerhauser.

0:22.6

Get 40% off using promo code Radio 40

0:26.0

at Bloomberg Live.com slash Green Festival.

0:35.0

From the heart of where innovation, money and power collide, in Silicon Valley and beyond, this is Bloomberg Technology with Emily Chang in New York and this is Bloomberg Technology coming up in the next hour at the end of a Silicon Valley era.

1:03.2

Cheryl Sandberg is stepping down after 14 years

1:06.9

at Facebook and now Meta as Chief Operating Officer.

1:10.2

I spoke to Sandberg in an exclusive interview.

1:14.0

I made a final decision this weekend and let Mark know.

1:21.0

We're going to have more on that decision, why she's leaving now and what it means for Meta's future.

1:25.3

And if you want to keep working at Tesla, forget about working from home, Elon Musk, sending an email with the

1:31.2

subject line, remote work is no longer acceptable.

1:35.0

We will get to that later in the show, but first a quick check of the markets and of course

1:38.5

how MetaShare has moved on news of Cheryl Sandberg leaving the company after 14 years.

1:43.7

Bloomberg's Ed Ludlow here with more.

1:46.1

Big day for the markets.

1:47.4

Yeah, big day.

1:48.7

Fantastic reporting on Cheryl Sandberg and the role that the sell-off in Meta-Share's had even though it was just

1:53.8

in our last 20 minutes of the session it did have an impact on the broader markets.

...

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