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Apple
Apple is rewarding investors after bringing back its overseas cash. The tech giant plans to buy back $100B in stock — the largest capital return ever for a U.S. company.
Facebook
Facebook CEO Mark Zuckerberg announced new dating features this week for the platform. Shares of Tinder owner Match fell more than 20% on the news.
Xerox
Xerox is losing CEO Jeff Jacobson and six board members following pressure from some investors. The shakeup calls into question the company’s $6.1B deal with Japanese firm Fujifilm — the new board is expected to reconsider, reports Bloomberg.
Quote
"This is going to be for building real, long-term relationships — not just hook-ups." Facebook CEO Mark Zuckerberg, on the site’s new dating feature
Daily Top Headlines:
Animation: Lucy Clinch
Script: Katie Carroll, Lorraine K. Lee
Art: Jacqueline Zaccor
Producer: Florencia Iriondo