Sheryl Sandberg wanted George Soros's financial dealings probed
Sandberg wanted to find out if Soros had a financial incentive to see the company’s share price decline, Facebook says
San Francisco — Facebook COO Sheryl Sandberg told employees to investigate financial dealings by George Soros, the billionaire who criticised the company at the World Economic Forum in Davos in January. Sandberg wanted to determine whether Soros had a financial incentive to see the company’s share price decline, Facebook said in a statement. The social networking giant said it had been looking into his holdings and trading activity. “That research was already under way when Sheryl sent an e-mail asking if Mr Soros had shorted Facebook’s stock,” Facebook said in a statement. Her directive was previously reported by the New York Times. Sandberg has come under fire for Facebook’s handling of a rising tide of criticism, much of it related to the spread of disinformation across the social network. She initially denied knowing that the company had hired public relations firm Definers, which drew links between Soros and some of the company’s critics. Sandberg later conceded that “some of t...
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