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Facebook hits $1 trillion valuation for first time

Social media giant, Facebook, has hit a $1 trillion valuation, following a dismissal of two antitrust lawsuits against the company. Facebook’s stock closed higher on Monday at $355.64 per share which contributed to the trillion-dollar valuation, Business Insider reported. The rise came after a United States court dismissed complaints by the Federal Trade Commission and a group of state attorneys generals against the social networking company. The FTC has claimed that Facebook is exercising monopoly as the social media giant controls over 60% of the social-networking market. In the ruling of the case, US District Judge James Boasberg in Washington dismissed the claim, as he explained that there was no proof to support their claim. In a separate case, 46 state attorneys general formed a coal...

Nigerian doctor named one of TIME’s Most Influential People in the world

TIME named Nigerian physician Tunji Funsho to the 2020 TIME100, its annual list of the 100 most influential people in the world. The full list and related tributes are available now at time.com/time100, and Mr Funsho’s TIME100 profile is available here. The list, now in its seventeenth year, recognizes the activism, innovation and achievement of the world’s most influential individuals. Mr Funsho, a cardiologist based in Lagos, Nigeria, is the first Rotary member to receive this honour for the organisation’s work to eradicate polio, having played an essential role in ensuring Africa’s certification as wild polio-free in August of 2020. “I’m honored to be recognized by TIME for my part in ensuring that no child in Africa will ever again be paralyzed by wild polio, a disease that once disabl...

Houseparty App Connects With Westside Gunn For “In The House” Campaign

Source: Houseparty Westside Gunn has transformed himself into one of the most capable creative minds in Hip-Hop and fashion and his expert knowledge of those cultures will be on display in a new venture. The Griselda Records x Fashion Rebels mastermind has connected with the social networking app Houseparty for a weekend-long invite that invites fans into the world of the Buffalo, N.Y. star. With most of the world locked down and indoors due to the COVID-19 pandemic, Gunn, a survivor of the virus, will play host to Houseparty app users and offer a pair of art and lifestyle pieces. If one thing is apparent about WSG and his cohorts is that they are at the forefront of what’s popping in the streets both sonically and in terms of visual display. This Saturday (May 16), Gunn will hop on Housep...