CNBC.com’s MacKenzie Sigalos topple b reduces you the day’s top business news headlines, and what to watch as the coronavirus pandemic continues to keep most of America on lockdown. On today’s presentation, the U.S. puts big money behind a new vaccine and CNBC’s Ari Levy dives into Clubhouse, a new invite-only social network that’s behove the darling of Silicon Valley.
Here’s what else you missed:
Trump doesn’t wear coronavirus mask to Ford spy, after being told he should
President Donald Trump on Thursday did not wear a mask for coronavirus protection while trip a Ford Motor Co. plant in Michigan, despite a state law and company policy requiring facial coverings there.
Trump, who has unfailingly refused to wear a mask in public, was visiting Ford’s Rawsonville Components Plant in Ypsilanti, which has a policy of ordering masks there. The plant is currently making ventilators in response to the Covid-19 pandemic in the United States.
Silicon Valley is affluent crazy for Clubhouse, a social media app with 1,500 users that’s already worth $100 million
If you be on the qui vive into the Clubhouse app Monday night, you could have heard a lively discussion on how the coronavirus is affecting the prison citizenry. Speakers included MC Hammer, political commentator Van Jones, writer and activist Shaka Senghor and venture capitalists Marc Andreessen and Ben Horowitz.
In the face the big names, only about 1,500 people, mostly with ties to prominent tech investors, had access to the entice.
Zuckerberg says employees moving out of Silicon Valley may face pay cuts
Facebook CEO Mark Zuckerberg on Thursday asserted he predicts that 50% of the company’s employees could be working remotely within the next five to 10 years.
“We’re prevailing to be the most forward-leaning company on remote work at our scale,” Zuckerberg said.
The company will begin allowing reliable employees to work remotely full time, he said. Those employees will have to notify the company if they make haste to a different location by Jan. 1, 2021. As a result, those employees may have their compensations adjusted based on their new layings, Zuckerberg said.