Facebook Takes On LinkedIn With New Job Listing Feature
Facebook is launching a new initiative to take on job listing sites like LinkedIn and Glassdoor. Cheddar Senior Reporter Alex Heath spoke with Facebook VP of Local Alex Himel about the launch of this product in an exclusive interview.
"Local is about building tools for connecting people and businesses," said Himel. "We're working on a lot more tools where users can find what they are looking for."
Facebook announced plans Wednesday to expand its job listing feature to more than 40 countries.
"We've seen good results for businesses, and we've seen a lot of people able to find work," said Himel.
President Donald Trump is talking up a joint venture investing up to $500 billion for infrastructure tied to artificial intelligence by a new partnership formed by OpenAI, Oracle and SoftBank. The new entity, Stargate, will start building out data centers and the electricity generation needed for the further development of the fast-evolving AI in Texas, according to the White House. The initial investment is expected to be $100 billion and could reach five times that sum. While Trump has seized on similar announcements to show that his presidency is boosting the economy, there were already expectations of a massive buildout of data centers and electricity plants needed for the development of AI.
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