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Business · 1 hour ago

Meta hires MongoDB CEO to lead new business platform

Meta hires MongoDB CEO to lead new business platform

MongoDB's CEO, CJ Desai, is leaving to become Meta's chief enterprise platform officer, reporting directly to Mark Zuckerberg. Desai will head up Meta's new business platform, which will offer tools like its Muse agent and a coding tool. Desai's departure caused MongoDB shares to fall over 18%, while Meta's stock dropped about 5%.

Reported by CNBC · How we write briefs

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