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Photo: Mateusz Slodkowski/SOPA Images/LightRocket via Getty Images

Facebook will allow its employees to work from home through at least July 2021, a spokesperson confirmed to CNN on Thursday.

The big picture: It joins fellow Big Tech giant Google with the extended move toward remote work amid the coronavirus pandemic. Other tech companies with significant confirmed remote work extensions include Amazon and Snapchat, which are allowing their workers to stay at home through at least the end of the year.

Go deeper

Felix Salmon, author of Capital
Nov 9, 2020 - Economy & Business

Trump's biggest corporate winners and losers

Illustration: Sarah Grillo/Axios

Big tech has been the biggest corporate winner of the Trump presidency, according to an Axios analysis of public-company corporate financials.

Why it matters: The tech giants have spent the past four years facing increased scrutiny from Washington, and Google has even been hit by an antitrust lawsuit. But Google parent Alphabet has seen its profits soar by $12 billion per year since Trump's surprise election in November 2016.

Philanthropy Deep Dive

Illustration: Aïda Amer/Axios

A look at how philanthropy is evolving (and why Dolly Parton deserves a Medal of Freedom).

Updated 6 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Politics: Fauci says he accepted Biden's offer to be chief medical adviser "on the spot" — The recovery needs rocket fuel.
  2. Economy: U.S. economy adds 245,000 jobs in November as recovery slows — America's hidden depression: K-shaped recovery threatens Biden administration.
  3. Education: Devos extends federal student loan relief to Jan. 31
  4. States: New Mexico to allow hospitals to ration coronavirus medical care
  5. Vaccine: What vaccine trials still need to do.
  6. World: UN warns "2021 is literally going to be catastrophic"
  7. 🎧 Podcast: Former FDA chief Rob Califf on the vaccine approval process.