Facebook, Google, Microsoft and Amazon have called for employees to work from home to avoid coronavirus though that's been a concern for contract workers who are paid by the hour. Now all four firms have committed to paying hourly workers.
Needham analysts lowered Facebook revenue and earnings per share estimates for the first half of the year as consumer demand falls and ad projections start to decline.
Dozens of Facebook groups totaling hundreds of thousands of members have become a haven for conspiracy theories, medical equipment promotion and unproven cures.
Softbank's Rajeev Misra dismissed concerns about the Vision Fund as misleading and said he expects "dozens" of IPOs from the portfolio within 18 months.
Emails from Alphabet CEO Sundar Pichai, CFO Ruth Porat, and marketing chief Lorraine Twohill show how "every" Google office is affected by the COVID-19 outbreak in some way.
Facebook will remove political ads posted on its service if they contain misinformation related to the coronavirus, a company spokesman told CNBC on Thursday.
The Twitter and Square CEO's plan was to relocate to the continent for up to six months in the middle of 2020. Though he has come under fire for choosing to move so far away from his companies.
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