Facebook Libra’s New Name Diem Gets Legal Threats
The controversy and issues surrounding Libra don’t seem to have an end, as the new Libra’s name Diem has been claimed by another fintech company. A fintech known as Diem ...
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Facebook Sets January Of 2021 For Launch Of Libra
The Financial Times, a prominent financial news outlet, sent out a report on Friday. This report stated that Facebook is making plans to launch the Libra Project, an ambitious stablecoin ...
Telegram Founder Condemns Instagram And Facebook For Letting Scams Thrive
Pavel Durov, the Telegram founder has admonished social media giants, Facebook, and Instagram for gaining ad revenue from scams that are being promoted using his name and image. On June ...
Facebook Purchases Stake Within India’s Jio Platforms Worth $5.7B
Facebook has recently purchased a stake within Jio Platforms. The stake itself was worth $5.7 billion and attributed to the purchase of 9.99% of the company. With this purchase, it ...
Facebook Makes Changes to Libra Because of Regulatory Issues
Facebook’s Libra project is going through some changes because of regulatory problems. A Tuesday report from The Information suggests that the company will start supporting existing fiat currencies alongside the ...
Fake ICO for Facebook’s Libra Emerges on Twitter
Facebook’s highly anticipated project Libra has rubbed the world’s regulatory agencies the wrong way. However, scammers saw the potential of the coin and launched a fake ICO for the cryptocurrency ...
Facebook Pay Demystified
Facebook unveiled a new product aiming to join the top contenders in the social media space and payment services. Data ranks among the most valuable things in the world today. ...
Google, Facebook Colonizing Banking World, Are Cryptos Substituted?
A strange occurrence is unfolding in the economic industry. It has been developing in the past few decades. After the internet came and communications became effective, the financial world underwent ...
Dutch Judge Penalizes Facebook for Using Scam Cryptocurrency Ads
In a recent blow to Facebook, a Dutch judge ordered the company to pay a 10,000 euro ($11,000) fine. The penalty will be imposed each time a crypto scam ad ...
Facebook Is Flexible with Libra’s Structure Says, David Marcus
Facebook wants to create a better payment system, according to Libra Project Head, David Marcus. In a meeting with bankers, he emphasized that the tech giant is flexible in its ...
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