Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
Some of the world's leading technology companies, including Facebook Inc. (NASDAQ:FB) and Microsoft Inc. (NASDAQ:MSFT), have teamed up with the World Health Organization to launch a novel coronavirus-themed (COVID-19) hackathon.
What Happened
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
Other participating companies include Twitter Inc. (NYSE:TWTR), Slack Technologies Inc. (NYSE:WORK), Pinterest Inc. (NYSE:PINS), TikTok, Giphy, and Tencent Holdings Ltd.'s (OTC:TECHY) WeChat, according to its website.
Calling all developers! We're excited to support the #COVID19 global hackathon. This is a great opportunity for developers to build software solutions to drive social impact. Learn more & sign up here: https://t.co/deeE44onNu #BuildforCOVID19 @Facebook @TikTok @Pinterest @GIPHY
— Michael Montano (@michaelmontano) March 24, 2020
The hackathon opened for registrations on Tuesday, and an option to submit the projects will become available starting Thursday, as first reported by CNBC. The hackathon suggests participants come up with solutions to coronavirus-related challenges in any aspect of life, including in areas of health, vulnerable populations, businesses, community, education, and entertainment. "Hackathons have always been an important part of how we come up with new ideas and projects at Facebook -- features like Blood Donations and Crisis Response were first built during hackathons and are now used by millions of people worldwide," Facebook CEO Mark Zuckerberg said in a statement. "I'm hopeful that some useful prototypes and ideas will come out of this one as well."
Why It Matters
The number of COVID-19 cases 422,652 at press time globally, according to data from Johns Hopkins University, and the risk of further escalation remains.
FREE REPORT: How To Learn Options Trading Fast
In this special report, you will learn the four best strategies for trading options, how to stay safe as a complete beginner, a 411% trade case study, PLUS how to access two new potential winning options trades starting today.Claim Your Free Report Here.
The pandemic has brought multiple challenges, including a shortage of medical equipment like masks, protective eyewear, and gowns. This particularly puts vulnerable populations, including the elderly, people with underlying health conditions, and healthcare workers at increased risks.
The lockdowns and quarantines imposed by authorities to curb the spread of the virus have also forced businesses to make massive losses, and part-time and temporary workers have been worst affected.
Other technology companies, including Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG), have made efforts in aiding authorities and healthcare organizations in fighting the coronavirus outbreak.
Price Action
Facebook's shares closed 8.7% higher at $160.98 on Tuesday and dropped 2.47% in the after-hours session at $157.
Microsoft's stock was up 9.09% at $148.34 per share at close and traded 0.73% lower at $147.25 in the after-hours session.
Twitter's shares closed 4.7 higher at $25.86 and traded nearly 1% lower in after-hours at $25.60.
Slack stock was up 4.85% at close at $25.95 per share and dropped 0.5% in the after-hours at $25.81.
Pinterest closed 13.9% higher at $14.26 in the regular session and traded at $14 in the after-hours.
Tencent shares were up 4.31% at $48.42 in the otc market.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.