Facebook's decision to file for public status later this year means its No. 2 executive, Sheryl Sandberg, might be worth as much as $1.6 billion. According to Forbes, that would catapult her just below the seemingly untouchable Oprah in the ranking of the richest self-made women. She won't have much company: Only 7.5% of the major earners at America's Fortune 500 companies are female.
Facebook routinely gets itself in hot water over privacy issues, a problem that led this week to a settlement with federal regulators and an agreement that Facebook will undergo regular audits of its compliance with its privacy promises.
The most notable women in technology probably don't spend all day thinking about hairstyles and dinner parties. But according to a bright pink infographic making its way around the web, you can tell a lot about some of the world's most tech-savvy women based on their hairdos and extracurriculars.
When Nancy Pelosi was given the gavel as speaker of the House for the first time, she broke with precedent by posing for pictures at the podium surrounded by her grandchildren and children and grandchildren of other House members.
We asked Sheryl Sandberg of Facebook, Carol Bartz of Yahoo, and Jeanne Jackson of Nike to share their strategies for keeping their careers on track while coping with everything from cancer to kids. Here is what they had to say.
Even before the official kickoff of the seventh annual annual "D: All Things Digital" conference, Facebook was making waves at the event: Hours after the company announced a $200 million cash infusion from Digital Sky Technologies that values the social media site at $10 billion, Digital Sky partner Alexander Tamas was making the rounds at the Four Seasons Aviara resort and talking up his latest deal.
Anybody tuning in to Oprah Winfrey on Friday afternoon, March 13 learned at least three things about Mark Zuckerberg, 24 year-old founder and CEO of Facebook: He looks a lot like his father (the bearded man in the audience close-up). He's not interested in dating Gayle King's daughter, a 22 year-old Stanford grad (King: "She's smart!"). And he can take a poke or two - virtually and otherwise.
The clock has just struck seven on a Thursday night, and Sheryl Sandberg is networking furiously. Not on Facebook, the site she joined in March as COO and where she boasts 1,114 "friends." No, she's doing it the old-fashioned way, in her Atherton, Calif., living room. She hosts her Silicon Valley soirees a few times a year, and it's always the A-list crowd. On this particular evening the group includes the new head of eBay North America, the manager of Google's ad-selling platforms, and well-known tech bankers and venture capitalists. It's a high-wattage, high-powered group. Oh, and there's one other thing: All those attending are women.
Late last year Mark Zuckerberg, the 24-year-old CEO of social-networking phenomenon Facebook, got onstage before a Madison Avenue crowd and declared that he was leading a once-in-a-century media revolution. Long story short: The revolution hasn't panned out. Six months later, advertisers could be forgiven for mistaking Facebook for a smaller MySpace or a much larger Friendster (remember them?). And far from changing media as we know it, the virtual home of Superpokes, Funwalls, and other such time wasters is showing cracks in its foundation.
Facebook, the 71-million-member social network, has attracted lots of adults during the last year as it became a global technology cause celebre. But I'm hearing more and more of these grown-up newbies questioning whether the service is really worth their time. Some find it more annoying than useful, and can't really figure out any benefit.
Facebook Inc. has raided Google Inc. to hire a new chief operating officer, providing the popular online social network with more seasoned management and advertising savvy as it strives to make more money without alienating its audience