Hastings and his wife, Patty Quillin, will donate $40 million to the UNCF (United Negro College Fund) and historically Black Spelman and Morehouse colleges.
Kabbage had to pause its primary, traditional lending business after the economic shutdowns so it could focus on helping the government distribute emergency funding.
Millions around the world are receiving education online for the first time as a result of the coronavirus, and they may never go back, putting companies like Coursera at the center of a paradigm shift in learning. The company ranks No. 4 on the CNBC 2020 Disruptor list, released on Tuesday.
Facebook has come under criticism for allowing political ads to contain false statements. Now, Mark Zuckerberg says that users will be able to turn them off.
At least two Amazon facilities are testing the wearable device , which warehouse workers wear around their wrist, to enforce Covid-19 social distancing rules.
House Speaker Nancy Pelosi, D-Calif., encouraged companies that advertise on social media to use their "tremendous leverage" to push platforms to crack down on disinformation.
Needham's Laura Martin initiated coverage of Amazon with a "buy" rating and said the "hidden" value of its media business is one of the stock's drivers.
Ten stores in New York City will be open "by appointment," meaning that customers can schedule a time to pick up previously purchased products or get service for their iPhone.
A former Peace Corps math teacher, Hastings has become one of the nation's largest donors to the education reform system. His latest venture, named the Retreat Land at Lone Rock, is expected to operate as a training ground for public school teachers, according to Recode.
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