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Apple is returning $100B to investors, Facebook wants to help you find love, and other news

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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

Published in: News & Politics
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