Meta is set to unveil its latest app Threads this week, which mimics Twitter.
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Facebook News Opens the Door for Publishers to Earn Revenue on Their Articles
Now Facebook is extending an olive branch and allowing some top media companies, including the Washington Post, New York Times, and News Corp, to share in the profits.
The Week's Top Stories: WeWork's Bailout and Zuckerberg Grilled
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
New Earthquake Alert App Could Help Californians Brace for Tremors
UC Berkeley's Seismological lab is working to give people state-wide a heads-up next time a quake comes their way with the new MyShake app for iPhones and Androids.
Softbank Offers WeWork a Multibillion-Dollar Lifeline
Under the agreement, Softbank will inject The We Company with $5 billion of new financing. Embattled founder and ex-CEO Adam Neumann reportedly will step down from the board with a buyout of up to $1.7 billion.
Need 2 Know: Explosive Impeachment Testimony, WeWork Founder’s Golden Parachute
These are the headlines you Need 2 Know for Wednesday, October 23, 2019.
Snap’s Winning Streak May Be Heading for a Slowdown
Despite the earnings wins and stock prices that have skyrocketed 154 percent year-to-date, Snap's fourth-quarter guidance came in a little lighter than analysts expected.
Biogen Shares Soar After Announcing Alzheimer's Drug Breakthrough
The surprise announcement, which sent shares up nearly 40 percent in early trading hours, comes months after Biogen discontinued research on the drug.
What’s Next for Investing Startups Now That the Price War Is Over?
Robinhood got a head start six years ago with its fresh, easy-to-use trading platform and a mission to democratize the financial system by not charging commission fees. But now, with the major brokerages dropping their own commission fees to zero, it’s a new era for rising competitors.
Facebook’s Libra Project May Consider Stablecoin in Effort to Ease Concerns
David Marcus, the head of Facebook’s Calibra, reportedly told banking seminar attendees that the project is open to having a series of stablecoins pegged to specific government-backed currencies.
