Tag: facebook
Facebook announces $100M grant program for small businesses
Regardless of how COVID-19 pandemic plays out in the coming weeks and months, it’s already been brutal for small businesses, with some of them forced close for public safety, while others are taking a big hit in both revenue and access to credit . So Facebook announced today that it’s…
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Facebook, Reddit, Google, LinkedIn, Microsoft, Twitter and YouTube issue joint statement on misinformation
In an unprecedented move to reassure customers and flag the potential for misinformation about COVID-19 on their platforms, all of the major social media companies and their parent corporations issued a joint statement on their efforts. “We invite other companies to join us as we work to keep our communities…
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Amazon CEO Jeff Bezos has been in regular contact with the White House on coronavirus pandemic
During a White House briefing on Monday detailing new recommendations regarding public health from the administration’s coronavirus task force and the CDC, President Trump was asked by a member of the press corps about reports that the White House is in “daily” contact with Amazon CEO Jeff Bezos regarding the…
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America’s largest companies are not covered under congressional coronavirus aid package
America’s largest companies are not covered under a bill passed by the House of Representatives on Friday that is supposed to support American workers impacted by the spread of the novel coronavirus. The bill still has to be voted on by the Senate and approved before it can be signed…
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Russian trolls are outsourcing to Africa to stoke US racial tensions
With tech companies wise to many of the tactics that Russia’s now-infamous troll farms used to seed disinformation during the 2016 election, those campaigns are getting creative. According to a pair of reports out from Facebook and Twitter, a disinformation campaign run by individuals with links to Russia’s Internet Research…
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Desperate to exit, a $10B price tag for Magic Leap is crazy
Augmented reality headset maker Magic Leap has struggled with the laws of physics and failed to get to market. Now it’s seeking an acquirer, but talks with Facebook and medical goods giant Johnson & Johnson led nowhere according to a new report from Bloomberg’s Ed Hammond. After raising over $2…
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