FACEBOOK SHAKES UP ITS ORGANIZATIONAL CHART

Dogged by privacy issues, Facebook is looking to address investor and consumer concerns through a reorganization into three divisions: a “family of apps” group (including Facebook, Instagram, WhatsApp and Messenger), a new platforms division (including a blockchain technology team, augmented and virtual reality, enterprise technology and artificial intelligence) and a “central product services” team, which covers shared resources such as ads, data analytics and security.