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Facebook announces coronavirus small business grants
Facebook cracks down on coronavirus cure ads; Starbucks adds Beyond Meat to its menu
Fox Business Briefs: Facebook is reportedly banning ads that promote cures for the coronavirus in an effort to stop misinformation and fear mongering; Starbucks plans to add a Beyond Meat breakfast sandwich to its menu at their Canadian stores.
Facebook has rolled out a $100 million grant program and other initiatives to help combat the novel coronavirus.
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Facebook founder and CEO Mark Zuckerberg discussed the company's programs during a Wednesday conference call. The social media leader's No. 1 priority is to stop the spread of misinformation on its services, including Instagram and WhatsApp, he said.
"In a time of a disaster, or when people can't be together with friends and family in person … people really rely on social and communication services," Zuckerberg said during the call.
He added that Facebook is "certainly seeing some surges in uses of the different services in different areas, especially those that are most affected."