Facebook commits $20 million to fight the coronavirus pandemic - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Facebook has set aside $20 million to match donations to 2 separate funds being set up to fight the global coronavirus pandemic

Facebook has launched a fund for people to donate money to fight the coronavirus pandemic currently sweeping across the world,The company also committed a total of $20 million to fight the outbreak, dedicating $10 million toward matching donations to the fund and $10 million to match donations to an upcoming fundraiser held by the CDC Foundation.

"We've worked with the United Nations Foundation and the World Health Organization to start a COVID-19 Solidarity Response Fund, where anyone can go to make a donation," Zuckerberg said. "Facebook is matching up to $10 million in donations, and 100% of funds will directly support the work to prevent, detect and respond to the outbreak around the world."

that his company was providing $25 million in donated ad credit to both the WHO and government agencies. The post also said that the company and its employees have separately donated over $1 million to support relief efforts. Both Amazon and Microsoft have also individually$1 million to a fund to support the Seattle area, which has been hurt by the coronavirus outbreak.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Cheapskates

chump-change, that is pennies to them.

20 Mil for Facebook is like 0,2 cents for me..

not so angry., im jsut., stating ., it., with., its., violences., fro its senses., to make the posibilities covered by., its raining man... i will be yoour umbrella..

Pocket change

$20 milions sounds too little for this type of problem from this type of company.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Eleanor Roosevelt's former NYC townhouse is on the market for $20 million — look insideFormer first lady Eleanor Roosevelt lived in this five-story home just a block from Central Park. It has six bedrooms, five full bathrooms and two half-baths. Roosevelt lived there from 1959 until her death in 1962. MakeIt MakeIt Wrong timing! MakeIt For God hath not given us the spirit of fear; but of power, and of love, and of a sound mind.
Source: CNBC - 🏆 12. / 72 Read more »