E-commerce: Facebook launches the Business Suite application for SMEs

Technology: Facebook is continuing its strategy of developing e-commerce on its platforms, by designing new tools for businesses. Facebook is launching a new application for small businesses, allowing you to manage professional pages or profiles on both Facebook and Instagram.  Facebook Business Suite The tool is called "Facebook Business Suite". The platform explains that this app allows businesses to post to Facebook and Instagram at the same time, and manage and receive messages, notifications and alerts in one place. The interface will also measure engagement, visualizing the tool's metrics through an information tab on Facebook and Instagram.

"We first designed Facebook Business Suite for small businesses, but it's a long-term investment, and we hope to make it the primary interface for businesses of all sizes that use Facebook, Messenger, Instagram and WhatsApp," Facebook CEO Sheryl Sandberg said in a blog post yesterday. “Th…

US unemployment figures push the S&P 500 to the abyss

In the United States, there are now over 20 million unemployed people receiving an allowance of 600 million dollars. This figure, which attests to the damage caused by the coronavirus in the world's largest economy, explains the plunge in the S&P 500 index, representative of the 500 largest companies listed on the NYSE and Nasdaq.
US unemployment figures push the S&P 500 to the abyss

On Thursday, the index designed and managed by Standard and Poor's, which covers 80% of the US stock market, recorded its worst loss in nearly four weeks. In the wake, tech stocks deepened the downtrend. Microsoft's better-than-expected result was not enough to stem the stock's fall.

Overall, GAFAM helped push the S&P 500 down 40.36 points, or 1.2%, to 3,235.66 for its first loss in five days. The Dow Jones Industrial Average lost 353.51 points, or 1.3%, to 26,652.33. The Nasdaq for its part yielded 244.71 points, or 2.3%, to 10,461.

Generally speaking, markets are waiting for a coronavirus vaccine to rebound. Created on March 4, 1957, the S&P 500 index, more representative than the Dow Jones Industrial Average (30 companies), losing momentum with the collapse of the industrial sector which saw its share in the S&P 500 fall by 86% in 1976 at only 10% in 2016.