Facebook's COO Tells Europe, 'It's The Economy, Stupid'
Facebook's chief operating officer Sheryl Sandberg urged European leaders to focus on growing the economy over privacy regulations in a speech that previewed her message to the World Economic Forum in Davos, Switzerland later this week.
Facebook’s chief operating officer Sheryl Sandberg urged European leaders to focus on growing the economy over privacy regulations in a speech that previewed her message to the World Economic Forum in Davos, Switzerland later this week.
While Sandberg’s speech was delivered gently, according to news accounts, the point is reminiscent of the famous U.S. presidential campaign line: “It’s the economy, stupid!”
As a former economist with the World Bank and chief of staff at the U.S. Department of Treasury, Sandberg is a credible messenger.
Her belief that social media can play a role in jump-starting the global economy was previewed in her interview for the World Economic Forum’s blog, where she said that the Facebook “app economy” has generated more than 200,000 U.S.
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