It’s not only Facebook Inc (NASDAQ:FB)‘s CEO, Mark Zuckerberg that makes important financial decisions for the Zuckerberg family. His wife and Harvard classmate, Priscilla Chan has a considerable say as well, and the credit for the latest decision of the couple to donate $25 million for Ebola prevention measures goes to both of them. CNBC‘s Meg Tirrell reported on the story.
Money that was once part of Facebook Inc (NASDAQ:FB)’s coffers is going to Centers for Disease Control and Prevention (CFD) to help boost the measures to prevent its proliferation.
“[…] They say that the Ebola epidemic is at a critical turning point. They hope that this is the fastest way to help to empower the CDC experts in the field to help prevent this outcome that reaches a large scale like HIV or Polio, they say, […],” reported Tirrell.
Whatever outlook Facebook Inc (NASDAQ:FB) has towards its subscribers, whether as consumers of its services, or even as products when it sells their data to advertisement companies, it is refreshing to know that the company realises that their well being is important to the company. This is aside from the humane and the generosity aspect of the donation.
Ebola is a very fast spreading virus, and the current measures for its prevention are hardly adequate. More funding is needed and hopefully Facebook Inc (NASDAQ:FB)’s act will spur some more generosity from other corporations who need to join hands with the government in fighting this deadly virus.
Stock markets too have felt the effects of Ebola, that is besides the overplayed fears of a global slowdown. Airlines and leisure stocks particularly have had a hard landing. Facebook Inc (NASDAQ:FB) has felt the effects of this volatility too, but the stock was up about 0.6%, trading at $73.59 at the closing bell of the last trading day.
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