Twitter founder Jack Dorsey has said he plans to donate $1 billion towards efforts to tackle the coronavirus pandemic, with the donation apparently representing around 28% of his wealth.
While he didn't specify exactly where the funds would be sent, he plans to use his shares from the Square payment app rather than Twitter as he owns "a lot more" of them.
Ian Guider, markets editor of the Business Post, joined us for our daily business update with story and more, including:
- EU fails to reach deal on COVID-19 bailout plan as Dutch are opposed to a coordinated bond issue to pay for it all
- €1 billion of supports now ready for COVID-19 impacted SMEs
- Tesco says coronavirus could cost it €1 billion as it hires tens of thousands of staff to cope
- Ornua, the company behind Kerrygold, saw profits rise last year but this will be hit by COVID-19 in 2020
Listen to the interview in full by pressing the play button on this page.
