No Germany @facebook will not make cars

The German carmaking companies need not feer competing with Facebook.
The Chief Operating Officer Sheryl Sandberg put people’s mind at ease with this statement – or at the very least brought a chuckle.
“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.
Per Reuters: “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.
Sandberg’s visit to Germany comes after the country’s parliament passed a law in June to introduce fines of up to 50 million euros ($59 million) for social media networks if they fail to remove hateful postings promptly.
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