*By Chloe Aiello*
It's been quite the week for Facebook, but CEO Mark Zuckerberg, it seems, still has a fun streak.
The high-profile CEO stepped out with rapper Kanye West to kick back, relax, and sing a little karaoke. The star on Monday tweeted a blurry photo of the pair in a group, grasping microphones and apparently singing a throw-back hit from the Backstreet Boys.
"We sang Backstreet Boys I want it that way," [West wrote on Twitter](https://twitter.com/kanyewest/status/1062892813975674881).
The tweet has since earned more than 72,000 likes, 9,000 retweets and 1,000 comments ー most of which were remarks on the unlikely pairing. And while there was no way of knowing what the two were up to, or even when they met, the photo provided some much needed comedic relief in a week of bad news for Facebook ($FB).
On Wednesday, a [New York Times investigation](https://www.nytimes.com/2018/11/14/technology/facebook-data-russia-election-racism.html) raised questions about the leadership's response to recent scandals. In a press conference on Thursday, Zuckerberg pushed back against the report, bolstered by a rare statement Facebook's board issued in support of the CEO and his COO, Sheryl Sandberg.
The report comes as the company juggles slowing growth and backlash after a spate of controversies in the past year, including the Cambridge Analytica data breach and the company's response to Russian meddling on the platform.
Facebook's stock is down 18.5 percent year-to-date and 19.1 percent year-over-year.
Stocks rose on Wall Street Monday after regulators pushed together two huge banks over the weekend and made other moves to build confidence in the struggling industry.
Two weeks earlier than expected, Howard Schultz stepped down as chief executive officer of Starbucks, and Laxman Narasimhan is taking over the global coffee chain.
The U.S. Federal Reserve is working with other central banks around the world to ensure dollars are available to stop any liquidity issues related to the ongoing crisis in the banking sector.
Blue check marks are coming to Instagram and Facebook. Meta CEO Mark Zuckerberg on Friday announced the expansion of a premium subscription service for $11.99 per month on the web and $14.99 on mobile. The service launched in Australia and New Zealand last month.
New York Community Bank has agreed to buy a significant chunk of the failed Signature Bank in a $2.7 billion deal, the Federal Deposit Insurance Corp. said late Sunday.
Swiss authorities pushed for UBS to take over its smaller rival after a plan for Credit Suisse to borrow up to 50 billion francs ($54 billion) failed to reassure investors and the bank’s customers.
Companies continue to announce fresh rounds of layoffs and hiring freezes so far this year. Teresa Lusk, life coach, joined Cheddar News to discuss what you can do to protect your job.
