Facebook Co-Founder To Leave For Own Software Startup
Dustin Moskowitz is joining Facebook engineer Justin Rosenstein, but reassured employees that "Facebook is moving in the right direction."
Facebook co-founder Dustin Moskowitz is leaving the company to start his own business with Facebook engineer Justin Rosenstein.
Moskowitz helped design the popular social networking site. Now he plans to launch a software startup, according to reports on the Valleywag.com Web site. The Silicon Valley publication said that CEO Mark Zuckerberg notified Facebook employees in an e-mail.
Rosenstein had given high praise to the social networking site when he departed Google in 2007 to join it. He said the company did with 60 engineers what 600 other engineers could not pull off and was on the verge of "changing the world." He spoke highly of the talent there and indicated that one person's contributions could make a difference. Since then, Facebook has hired several former Google executives.
Rosenstein posted a statement on his Facebook profile saying that he and Moskowitz plan to create software that becomes as indispensible as Facebook. He also talked about how Facebook had changed the world, according to an internal e-mail published by Valleywag. He pointed to the ease with which users could look up phone numbers and e-mail addresses and said it is now more difficult for terrorists in the Middle East to isolate impressionistic youth, though he didn't cite details.
The e-mail said that Moskowitz discovered a second passion while building Facebook: "Making companies themselves run better." He went on to stress the importance of improved communication and increased transparency.
Finally, Moskowitz reassured that "Facebook is moving in the right direction."
Zuckerberg indicated that he would continue to seek advice from Moskowitz, who was his roommate in college.
Social is a Business ImperativeThe use of social media for a host of business purposes is rising. Indeed, social is quickly moving from cutting edge to business basic. Organizations that have so far ignored social - either because they thought it was a passing fad or just didnít have the resources to properly evaluate potential use cases and products - must start giving it serious consideration.
Social is a Business ImperativeSocial media is critical in the age of digital business. How can IT help? First, work with the marketing team to set up social networking programs on Facebook, Twitter, and LinkedIn, at minimum. Then work to put social media sentiment analytics in place to measure success.
Top IT Trends to Watch in Financial ServicesIT pros at banks, investment houses, insurance companies, and other financial services organizations are focused on a range of issues, from peer-to-peer lending to cybersecurity to performance, agility, and compliance. It all matters.
Join us for a roundup of the top stories on InformationWeek.com for the week of October 9, 2016. We'll be talking with the InformationWeek.com editors and correspondents who brought you the top stories of the week to get the "story behind the story."