Facebook launches $100m initiative to help small businesses in 30 countries – The National

Facebook launches $100m initiative to help small businesses in 30 countries – The National

The company will pay a $1,000 bonus to every employee, one of the first big companies to offer workers cash to help them during the coronavirus outbreak. Facebook is rolling out a $100 million (Dh367m) grant -programme to help 30,000 small businesses in more than 30 countries which are affected by the coronavirus pandemic.. To counter fake news around coronavirus, Facebook is working with the Poynter Institute in Florida's International Fact-Checking Network on the programme.. Small businesses are the heartbeat of communities and many of them are heavily affected by the crisis, said Ms Sandberg. ". The social media giant is also creating a virtual training platform to support small businesses.. "While so many essential measures are being put in place to keep everyone as safe as possible, this may also create additional challenges for small businesses in our region.". The fresh funding will allow it to better co-ordinate with its partners on best practice to fight fake news and misinformation.. Facebook will pay a $1,000 bonus to every employee, one of the first big companies to offer workers cash to help them during the coronavirus outbreak, US digital media company The Information reported.. Other