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MongoDB CEO Quits to Join Meta, Shares Tumble 20%

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MongoDB's CEO Dev Ittycheria has resigned with immediate effect to take up a leadership role overseeing Meta's enterprise platform. The sudden departure caught investors off guard, triggering a sharp 20% decline in MongoDB's stock price. The company has not yet announced a permanent successor to lead the database software firm. Ittycheria's move to Meta signals the social media giant's growing focus on building out its enterprise infrastructure capabilities.

Read the full story at Hacker News

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