Facebook wants to create opportunities for women everywhere, both internally and around the world.
This International Women’s Day, the company launched a Community Finder tool as part of its #SheMeansBusiness platform.
“People do better when they are working together,” Maxine Williams, Facebook’s global chief diversity officer, told Cheddar on Thursday.
The aim is for entrepreneurial women who use Facebook for their businesses “to learn from each other, to support each other,” she said.
“I think it’s very easy for people to say, ‘Oh you should connect with people.’ But how do you do it? So we tried to think through what are the actual obstacles that might get in that way,” said Williams.
Community Finder creates filters based on location and interests.
Internally, Facebook “has always invested heavily in doing the analysis to make sure we’re in the right place,” she said.
That includes implementing equal pay for equal work and equal parental leave, amongst other things.
“As we intersect our benefits with our product with our employment practices, we’re hoping that all of that is being a net contributor for goodness in the world.”
For the full interview, [click here](https://cheddar.com/videos/celebrating-international-womens-day-with-facebook).
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.
Michele Schneider, partner and director of trading research & education for MarketGauge.com, joined Cheddar News to discuss the market after stocks closed lower again as banking concerns continue.