Facebook wants to make a social impact and is asking itself, “What are we able to do for the world?”
Asha Sharma, the product lead for social good at the company, told Cheddar that CEO Mark Zuckerberg has emphasized having a positive impact on the world.
“We were able to bring blood donations to life in the last half,” she said in an interview. “We were able to launch Mentorship and Support, which is a new program, we’re going to continue to invest in new features in crisis response and charitable giving.”
Sharma said in a blog post Thursday that the company is teaming up with companies such as Lyft, Chase, and Feeding America to build on its Crisis Response platform, where users mark themselves as safe and provide and ask for help during times of crisis.
The platform launched a year ago and so far users have engaged more than 750,000 times via posts, comments, and messages. Sharma says the most frequently visited categories are volunteer opportunities, shelter, and food and clothing donations.
For the full interview [click here](https://cheddar.com/videos/facebook-teaming-up-with-lyft-to-increase-outreach-in-crises).
Nike is suing two of its competitors for alleged patent infringement.
Uber missed analysts' projections for earnings per share and revenue this past quarter. Cheddar News takes a closer look at the numbers and explains what to expect for the rest of the fiscal year.
Cheddar News breaks down some of the top business stories to look out for, including WeWork's bankruptcy filing and fast-fashion retailer Shein reportedly expecting a $90 million valuation upon its market debut. Plus, a new EV truck will have a backup gas generator.
WeWork has filed for Chapter 11 bankruptcy protection.
Bumble, the female-focused dating app, announced that Whitney Wolf Hurd, the company's founder and CEO, will step down in January.
WeWork officially has filed for bankruptcy.
With interest rates high, housing inventory low and Veterans Day just around the corner, Cheddar News took a look at how the current market is impacting those who served and continue to serve our country. Patton Gade, national director of military lending with UMortgage, explains how a VA loan works, its benefits and what's involved in the process of purchasing a home.
Stocks were mixed in Tuesday's early session as Wall Street came off a strong rally last week.
Google on Monday confronted the second major U.S. antitrust trial in two months to cast the internet powerhouse as a brazen bully that uses its immense wealth and people's dependence on one of its main products to stifle competition at consumers' expense.
Hilton Grand said it's in the process of purchasing Bluegreen Vacations in a $1.5 billion deal.
