Facebook's Sandberg threatened to pull investment from Europe and Canada if her demands were not met, documents say (FB) - Creak News

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Facebook's Sandberg threatened to pull investment from Europe and Canada if her demands were not met, documents say (FB)

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  • Facebook COO Sheryl Sandberg told the European Union and Canada that if they pursued legal measures the company disagreed with then Facebook would consider other "options" for investment and growth.
  • Canada buckled immediately.
  • It's not clear what influence Facebook gained with the EU but the company was pleased with its relationship with former Ireland prime minister Enda Kenny during the period when Ireland held the presidency of the EU, the documents say.

Facebook threatened to pull investment projects from Europe and Canada if lobbying demands from COO Sheryl Sandberg were not met, according to court documents seen by Computer Weekly and The Guardian. In both cases, Sandberg told government officials from the European Union and Canada that if she did not receive certain reassurances then Facebook would consider other "options" for investment and growth.

Canada gave her the written reassurance she sought the same day. Facebook pronounced itself pleased with its relationship with the Irish government, through which it was hoping to influence the EU.

See the rest of the story at Business Insider

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