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Enterprise Information Roundup, Might 9

Social media

Fb models shuffle leaders

Fb named new leaders for a few of its principal divisions, together with the core social community, WhatsApp and Messenger, within the greatest administration reshuffling since its founding.

The Menlo Park firm additionally unveiled plans to discover the usage of blockchain, the expertise that underpins digital currencies like bitcoin. The staff devoted to blockchain shall be run by David Marcus, who previously headed the Messenger chat app.

Chris Cox, chief product officer, has been promoted to supervise apps. Will Cathcart will grow to be head of Fb’s social community.

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