Many indigenous people to the Amazon are fighting for their lives as their home, the rainforest, is destroyed. They say that the battle to save it involves the whole international community, not just them, as without it climate change will be unstoppable.View on euronews
Credit: euronews (in English) Duration: 02:22Published
CBS aired clips of both Trump and Biden's upcoming '60 Minutes' interviews, and then Trump delivered on his promise and posted the full interview video to Facebook. Also is a pro-Trump documentary getting the cold shoulder from Amazon and Facebook?
Credit: The Hollywood Reporter Duration: 03:47Published
The Wall Street Journal is reporting that streaming service Quibi is considering shutting down. Quibi has struggled to gain a foothold in the streaming industry since its launch in April. Business Insider reports that Quibi has failed to attract viewers and none of its shows have become major hits. Last month WSJ reported that Quibi was exploring multiple options, including a possible sale. The company boasted Hewlett Packard Enterprises CEO Meg Whitman as its CEO.
Ramin Talaie/Corbis/Getty Images Goldman Sachs won the bid for General Motors' credit-card business for roughly $2.5 billion, The Wall Street Journal reported Thursday. The Wall Street giant beat out Barclays, acquiring more than one million GM cardholders and the $8.5 billion they spend annually, according to The Wall Street Journal. This is Goldman Sachs' second co-branded card, following the Apple Card, as it looks to expand its consumer-lending business.
On Tuesday, SoftBank stock took a hit. SoftBank lost 7.7% over two days following reports that the conglomerate had been making huge and risky bets on tech stocks. The losses have wiped roughly $10 billion off the market value of SoftBank. SoftBank shored up its investment in Amazon, Microsoft, and Netflix. The Wall Street Journal said that the options generated an exposure of about $50 billion. The size of the bets means that SoftBank (SFTBF) CEO Masayoshi Son is now being called a "whale.
Business Insider reports that Facebook will prohibit new political ads from running in the week leading up to Election Day. Facebook announced a two-pronged approach ahead of the upcoming presidential election. First, the social network said it will not allow new political ads to run in the week before the election in November. The Wall Street Journal said Facebook will flag posts from candidates claiming premature victory. Facebook will redirect users to vote tallies showing up-to-date results.