Facebook loses two execs as it shifts to 'privacy-focused' platform

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Facebook loses two execs as it shifts to 'privacy-focused' platform
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Facebook is losing two of its top execs a week after laying out plans to reposition itself as a 'privacy-focused' social network

New York Facebook is losing two of its top execs a week after laying out plans to reposition itself as a"privacy-focused" social network.

Facebook announced Thursday that Chris Cox, most recently its chief product officer, and Chris Daniels, who was in charge of WhatsApp, are both leaving the company. Shares of Facebook dipped as much as 2% in after hours trading Thursday following the news.

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