According to CNBC, Facebook announced a $100 million commitment to a program that supports small businesses owned by women and minorities. Social media management intends to buy up companies’ outstanding invoices. According to the new strategy, customers will be required to pay Facebook the bills on the same terms they had agreed to with the small business.
According to preliminary estimates, approximately 30,000 women- and minority-owned small businesses will be supported. CNBC highlights that the program is Facebook's latest effort to build relationships and show loyalty among small businesses, many of whom rely on the social network to place targeted ads.
Earlier, Facebook launched Ray-Ban Stories, its first smart glasses created in collaboration with glasses manufacturer Ray-Ban. The innovative product starts at $299. The glasses became available for purchase on September 9 in the US, UK, Italy, Australia, Ireland, and Canada.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
-
Grand Choice
Contest by
InstaForexInstaForex always strives to help you
fulfill your biggest dreams.JOIN CONTEST -
Chancy DepositDeposit your account with $3,000 and get $8000 more!
In March we raffle $8000 within the Chancy Deposit campaign!
Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.JOIN CONTEST -
Trade Wise, Win DeviceTop up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.JOIN CONTEST