Editorial News

Facebook pledges $100 million to small businesses impacted by coronavirus

Until now, Facebook was working hard in fighting false information and also by promoting free WHO ads about Coronavirus treatment.

Now, the company is taking a step forward to help small businesses and startups who are working from home at this crucial time by providing money which can be used to pay their rents etc.

The company will take care of 30,000 small businesses in over 30 countries by investing $100 Million.

“Small businesses are the heartbeat of our communities, and many of the people who run these businesses are heavily affected by the crisis — especially as more and more people sensibly stay home,” Facebook Chief Operating Officer Sheryl Sandberg wrote in a statement. “The longer the crisis goes on, the greater the risk to small businesses and to the livelihoods of their owners and employees.”

Facebook also told employees that they will each receive a $1,000 bonus to support them during the coronavirus pandemic. As CNBC, notes Facebook employees nearly 45,000 full-time workers and several thousand contractors. It’s unclear if contractors will also receive the bonus.

Related posts

Messi beats Ronaldo; wins Ballon d’Or for 6th time

Penbugs

90ஸ் கிட்ஸ்களின் ஹீரோ அண்டர்டேக்கர் ஓய்வு

Penbugs

Oldman brings note, pen and peeks through classroom to learn something daily!

Penbugs

Malayalam film producer Alwyn Antony accused of sexual assault

Penbugs

இனி எட்டு பேருடன் வாட்ஸ்அப் குரூப் கால் செய்யலாம்!

Penbugs

Stop using saliva to turn pages: UP Govt’s preventive measure to avoid communicable disease

Penbugs

சொத்து வரி, குடிநீர் கட்டணத்தை அபராதம் இன்றி செலுத்த கூடுதல் கால அவகாசம்…!

Penbugs

Google services, including Google Maps faces outage

Penbugs

Breaking: Earthquake in Delhi

Penbugs

Donald Trump nominated for Nobel Peace Prize

Penbugs

Chandrayaan 2’s moon date!

Penbugs

UK: Woman with two wombs, carrying twins in each

Penbugs