Facebook Loses $60 Billion in Market Valuation in 2 Days
Business

Facebook Loses $60 Billion in Market Valuation in 2 Days

After losing many advertisers, Mark Zuckerberg decided to introduce new policies that would tighten content restrictions on the platform, reducing hate speech, misinformation, and inflammatory posts.

Tesla’s CEO Elon Musk Threatens to Move the Company Out of California
Business

Tesla’s CEO Elon Musk Threatens to Move the Company Out of California

The CEO stated his company will file a lawsuit against Alameda County, arguing that the “unelected and ignorant interim health officers there are acting contrary to the orders issued by the governor.”

Amazon is Selling Masks and Hand Sanitizers to Health Workers for No Profit
Business

Amazon is Selling Masks and Hand Sanitizers to Health Workers for No Profit

The company announced that it’s halting the sale of N95 masks to the general public and will instead reserve its stocks for health care workers only

Coronavirus and Oil Price Cause Stock Market to Plummet Suddenly
Business

Coronavirus and Oil Price Cause Stock Market to Plummet Suddenly

US stocks had the worst day of trading since the 2008 financial crisis, as the coronavirus crisis continues to spread in the country and the declining oil prices hit a historical low.

Apple Loses $27 Billion in Market Value Because of Coronavirus
Business

Apple Loses $27 Billion in Market Value Because of Coronavirus

Since Chinese manufacturers are resuming operations slower than expected, the company saw nearly $27 billion in value wiped out this past week.

Hollywood is Using Artificial Intelligence to Decide What Movies to Make
Business

Hollywood is Using Artificial Intelligence to Decide What Movies to Make

There’s so much money that goes into filmmaking and as such, every metric needs to be tracked in order to tell whether a film will be a hit or a flop.

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