Facebook COO Sheryl Sandbergin Germany on Thursday, told the country’s automakers that the world’s biggest social network does not want to compete with them.
“I come with very good news. We’re the only company in Silicon Valley that’s not building a car,” Sandberg said to laughter and applause at the opening ceremony of the Frankfurt motor show, where she met German Chancellor Angela Merkel.
Facebook is sponsoring a “new mobility world” at the Frankfurt show that brings together carmakers, tech companies and start-ups in areas such as autonomous driving and electric cars.
