Cryptocurrency Analysis and News Portal
Facebook’s Diem stablecoin, which recently changed its name from Libra, is still failing to impress German regulators.As reported by Reuters, German Finance Minister Olaf Scholz voiced his criticism of the project on Monday after a conference between G-7 finance ministers and central bank directors. Scholz called Facebook’s project “a wolf in sheep’s
Read More
Facebook has been alleged to withhold critical data from its competitors thus crushing them.Social media giant Facebook Inc (NASDAQ: FB) faces a possible antitrust lawsuit from over 40 US states led by New York City. According to news outlet Reuters, the lawsuit is likely to be focused on the recent
Read More
Digital media strategists for both the Republican and the Democratic parties have expressed their frustration with the ban.Following an earlier ban on post-election ads, the duo of social media giants Facebook Inc (NASDAQ: FB), and Alphabet Inc (NASDAQ: GOOGL) may be extending their post-election ad bans by a month to
Read More
Ethereum’s decentralized finance (DeFi) space has received a lot of attention in recent months. This sector of the
Read More
Some people think Facebook intentionally ignored Apple as revenge for a previous comment made by the company concerning its privacy.Facebook Inc (NASDAQ: FB) has announced the introduction of cloud games compatible with its desktop website and Android but ignores iOS for what is speculated to be a controversial feud. This
Read More
The report stated that Facebook sustains its monopoly position by identifying and acquiring its competitors.The U.S. Judiciary antitrust committee said in a report that Facebook Inc (NASDAQ: FB) and other 3 tech giants enjoy monopoly powers. The report highlighted certain recommendations, specifying that Facebook watches out for competitors to kill
Read More
After three years of wild conspiracy theories, Facebook has finally announced that they’re banning QAnon from their platform.The ban also includes any Instagram accounts tied to the far-right conspiracy theory group.The effort is far too little and far too late.QAnon is being banned.After three years of wild — and almost
Read More
In September, Facebook informed its partners about the possible effects of Apple’s iOS 14 on its advertisement policy.Facebook Inc (NASDAQ: FB) stock dropped approximately 2.26% during Tuesday’s trading session to close the day trading at $258.66. In Wednesday’s pre-market, FB shares started to move higher. At the time of writing,
Read More
An antitrust report involving Facebook could be released this month.Mark Zuckerberg has vowed to fight tooth and nail to prevent a breakup of the company he founded.The threats haven’t stop Facebook from integrating its family of apps even further, though.Facebook is ready to fight any attempt to break it up.The
Read More
TikTok’s overwhelming popularity gained in a short time has no doubt caused a scare at Facebook.Banning the short-form video app would do more harm than good to the social media giant.U.S. tech giants with an international presence would likely be hurt too by such a ban.Chinese short-form video app TikTok
Read More