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).
Oracle soars as it cashes in on the AI boom, Plus: Starbucks shares continue to fall under its new CEO, and does anybody actually want a new iPhone Air?
Swedish buy now, pay later company Klarna is making its highly anticipated public debut on the New York Stock Exchange Wednesday, the latest in a run of high-profile initial public offerings this year. The offering priced at $40 Tuesday, above the forecasted range of $35 to $37 a share, valuing the company at more than $15 billion. The valuation easily makes Klarna one of the biggest IPOs so far in 2025, which has been one of the busier years for companies going public. Other popular IPOs so far this year include the design software company Figma and Circle Internet Group, which issues the USDC stablecoin..
Oracle co-founder Larry Ellison wrested the title of the world’s richest man from longtime holder Elon Musk early Wednesday as stock in his software giant rocketed more than a third in a stunning few minutes of trading. That is according to wealth tracker Bloomberg. A college dropout, the 81-year-old Ellison is now worth $393 billion, Bloomberg says, several billion more than Musk, who had been the world’s richest for four years. The switch in the ranking came after a blockbuster earnings report from Oracle. Forbes still has Musk as the richest, however, valuing his private businesses much higher.
Aurimas Sabulis, CEO of Dextall, unveils how AI‑driven prefabricated façades slash design time by 80%, labor by 87%, and accelerate affordable housing delivery.
