The use of Facebook has surged due to the mass quarantine in order to combat the spread of COVID-19. And at the same time, Facebook has been seeing less of a demand for ads.
Arkose Labs, a provider of online fraud and abuse prevention technology, announced it raised $22 million in Series B funding led by Microsoft’s venture capital arm M12.
Dollar General has announced it is planning to invest about $35 million in bonuses for all store, distribution center, and private fleet employees. And the company is hiring 50,000 people.
CVS Health announced it is planning to hire 50,000 workers and pay bonuses to employees who will be working at its locations during the coronavirus pandemic.
Cisco announced it is committing $225 million to aid in combating COVID-19 (coronavirus). The announcement was made by Cisco Chairman and CEO Chuck Robbins in a blog post on Sunday night.
Search Experience Cloud company Yext announced it has partnered with the State of New Jersey for delivering residents accurate and up-to-date information about COVID-19 (coronavirus) with a new online information hub.
Barbara and Ray Dalio and Dalio Philanthropies have announced a $4 million donation in support of medical care and food for those who are most stressed and cannot afford it in the state of Connecticut.
AppOmni, a provider of a Software-as-a-Service (SaaS) security and management platform, announced it added 3 new executives to the company’s leadership team.
Swiss pharmaceutical giant Novartis announced it has launched a $20 million response fund to combat the COVID-19 (coronavirus) pandemic.
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