Zuckerberg's Performance, Facebook's Downgrade, WeWork's Greed for Investments
1/ Today at 1PM ET Facebook CEO Mark Zuckerberg is planning to give a speech about his views on free expression and voice. Zuckerberg wrote in a Facebook post that it's the "most comprehensive take I've written about my views, why I believe voice is important, how giving people voice and bringing people together go hand in hand, how me might address the challenges that more voice and the internet introduce, and the major threats to free expression around the world."
2/ WeWork owner, The We Company, has formed a special board committee to consider proposals for a $5 billion financing lifeline from its largest shareholder SoftBank Group and its main lender JPMorgan. WeWork is rushing to raise new capital after scrapping plans last month for an initial public offering (IPO). Sources have said it could run out of cash as early as November unless it secures new financing.
3/ Facebook slid again in a new Interbrand's report on the world’s most valuable brands, while the famous names of Amazon.com Inc. and Walt Disney Co. gained. Apple, Google, Microsoft, Coca-Cola are among the leaders on this list.
4/ Do you know how much does your personal data cost? Online privacy and cybersecurity resource VPNOverview has answered this and some other questions.