The new internal team or blockchain group will be formed under the "New platforms and infra" division, which will be led by Facebook CTO Mike Schroepfer.
In the wake of the Cambridge Analytica scandal, Facebook has announced the biggest shakeup of executive roles in its 15 year history. Beyond that, details regarding the company's foray into blockchain aren't entirely clear-so don't get your hopes up for a Facebook cryptocurrency just yet. He's also on the board of the cryptocurrency exchange Coinbase, one of the most popular exchanges in the world. After the departure of WhatsApp cofounder Jan Koum, Chris Daniels is taking over the encrypted messaging app, and Stan Chudnovsky is now heading up Messenger.
Facebook confirmed these changes to TechCrunch. "After four incredible years leading Messenger, I'm going to setup a small group to explore how to best leverage Blockchain for Facebook", Marcus said in his tweet.
Gina Haspel offered to withdraw nomination as next Central Intelligence Agency director
No Democrats have said they intend to vote for Haspel. "She's a professional", said Manchin, who hasn't yet said how he'll vote. Trump slammed Democrats via Twitter for questioning his nominee's qualifications because Haspel is "tough on terror".
It emerged past year that Russian operatives used Facebook's platform to spread propaganda during the last presidential election.
The moves happened at the direction of Facebook's chief executive, Mark Zuckerberg, said a person with knowledge of the changes who asked not to be identified because he was not authorized to discuss them.
Javier Olivan, Facebook's VP of growth who will report into Mark, will be in command of the central product services division - this includes growth, product management, integrity, analytics, etc. Mark Rabkin, Naomi Gleit, and Alex Schultz will be reporting to him.
The new blockchain division may be in charge of the new blockchain research group that would be investigating about how to improve Facebook by implementing distributed ledger technology. The company also announced today that Jeff Zients, the CEO of Cranemere, a holding company for businesses in the USA and Europe, has been appointed to Facebook's board of directors.
Meanhwhile, Facebook has attempted to keep its promotion income becoming through more up to date, more youthful stages like WhatsApp and Instagram.