Facebook Hires Google's Social Media Director Beard (Update2)

Facebook Inc., the 2nd most
popular social-networking site, hired an executive director from Internet
search leader for the 2nd clip this month.

, who served as manager of societal mass media at
Google, will assist run concern development at Palo Alto,
California-based Facebook, according to an e-mailed statement.

Facebook is bolstering direction to assist laminitis and Chief
Executive Military Officer , 23, manage an addition in
advertising on the site. The company, which is growing faster
than bigger challenger MySpace, named Google veteran soldier
as operating head on March 4. The figure of Facebook visitors
has quadrupled over the past year.

Before joining Mountain View, California-based Google, Beard
was manager of concern development at 's MTV/VH1
unit. He also worked at investment houses Silicon Alley Venture
Partners and Well Capital, according to the Web land site for
Big Internet Group LLC, a company that Beard helped start.

''While Ethan will be missed, we have got the internal expertise
necessary to carry on our goals,'' Google spokesman wrote in an e-mail.

drop $9.78, or 2.1 percent, to $450.78 at 4 p.m. New
York clip on the Nasdaq Stock Market. The stock have dropped
35 percentage this year.

To reach the newsmen on this story:
in San Francisco at