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news - Facebook's Libra Rebrands to Diem

Facebook’s Libra Rebrands to Diem

The Libra Association announced this morning that it has a new name — the Diem Association — and made some key hires ahead of its launch. The new name is an attempt to distance the group f...

news - Facebook Fined $6.1M by South Korean Information Watchdog

Facebook Fined $6.1M by South Korean Information Watchdog

The Personal Information Protection Commission (PIPC) of South Korea has imposed a $6.1 million fine on Facebook for sharing personal information of millions of users without consent. The fine was awa...

news - Facebook’s Libra to Be Launched in January 2021

Facebook’s Libra to Be Launched in January 2021

Facebook’s Libra stablecoin could finally see the light of day as soon as January 2021, according to the recent Financial Times report. The exact launch date of Libra is still not known. Citing ...

news - Facebook Censors Posts with Bitcoin Hashtag

Facebook Censors Posts with Bitcoin Hashtag

Social media giant Facebook is censoring posts with #bitcoin in its description is being censored, whether it is a Video, photograph, or messages. When a user types the hashtag, the censorship screen ...

be-in-the-loop - Why Google and Facebook Get

Why Google and Facebook Get “Idlers” Employed

Motion and option is a situation in which an employee of the company, usually an engineer, does light (or no) work and at the same time continues to be employed in the firm, receiving a full salary an...

news - Facebook’s Libra Will Never be Launched — Barry Eichengreen

Facebook’s Libra Will Never be Launched — Barry Eichengreen

Barry Eichengreen, Professor of Economics at the University of California, Berkeley, and a former senior policy adviser at the International Monetary Fund, believes that Facebook’s Libra will ne...

news - Facebook, Google to Deny Hong Kong's Authorities Access to User Data

Facebook, Google to Deny Hong Kong’s Authorities Access to User Data

Facebook, Google, and Twitter revealed that they would be blocking Hong Kong’s authorities from accessing user data after sweeping new security laws stifling political dissent were announced at ...

news - Brazil Regulator Unbans Whatsapp Payments

Brazil Regulator Unbans Whatsapp Payments

Facebook’s bid to process payments in Brazil via Whatsapp has received a boost after the Brazilian regulator lifted the suspension it implemented a few days ago. However, Brazilian citizens are ...

news - Mark Zuckerberg Explains How Libra Would Increase Ad Revenue to Facebook

Mark Zuckerberg Explains How Libra Would Increase Ad Revenue to Facebook

The CEO of the social media giant, Facebook, Mark Zuckerberg, in a shareholder meeting explained how Libra crypto project would bring more ad revenue to their company.  When asked about how Libra...

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