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Facebook launches payments division to run Facebook Pay, other units

10 August, 2020 by cryptonews
Facebook launches payments division to run Facebook Pay, other units

Facebook is launching a new division to expand its payments and commerce ambitions, per a Bloomberg report. Facebook Financial — or F2 — will oversee all of the tech giant’s payments projects, inclu…

Categories General NewsTags Facebook, launches

Facebook launches payments division to run Facebook Pay, other units

10 August, 2020 by cryptonews
Facebook launches payments division to run Facebook Pay, other units

Facebook is launching a new division to expand its payments and commerce ambitions, per a Bloomberg report. Facebook Financial — or F2 — will oversee all of the tech giant’s payments projects, inclu…

Categories General NewsTags Facebook, launches

Facebook rebrands Libra wallet Calibra to Novi

26 May, 2020 by cryptonews
Facebook rebrands Libra wallet Calibra to Novi

When Facebook unveiled Libra, its cryptocurrency project, there were two distinct entities  the Libra Association, a not-for-profit that oversees all things Libra, and Calibra, a Facebook subsidiary …

Categories General NewsTags Facebook, rebrands

Facebook ‘rethinks’ plans for Libra cryptocurrency

4 March, 2020 by cryptonews
Facebook ‘rethinks’ plans for Libra cryptocurrency

Image copyrightGetty Images Facebook is reportedly rethinking its plans for its own digital currency after resistance from regulators. It is now considering a system with digital versions of established currencies, including the dollar and the Euro, accordi…

Categories General NewsTags 'rethinks', Facebook

Facebook denies reports it is backing away from Libra cryptocurrency

4 March, 2020 by cryptonews
Facebook denies reports it is backing away from Libra cryptocurrency

2 with 2 posters participating Facebook is poised to shelve its own Libra cryptocurrency proposal, two media reports indicate. But Facebook says it remains committed to the project. A new report from The Information, citing “three people familiar with the m…

Categories General NewsTags denies, Facebook

Facebook’s a mess, but it doesn’t mean backdoors are the answer

2 January, 2020 by cryptonews
Facebook’s a mess, but it doesn’t mean backdoors are the answer

Its been a tough year for Facebook. It has faced international scrutiny, from its role in elections to the potential regulation of its cryptocurrency Libra. However, perhaps the most contentious argument for the social media giant, that is sure to rage on int…

Categories General NewsTags doesn, Facebook

Facebook’s ‘cryptocurrency’ Libra lacks concrete plan for 2020 launch, says board member

20 December, 2019 by cryptonews
Facebook’s ‘cryptocurrency’ Libra lacks concrete plan for 2020 launch, says board member

Facebooks cryptocurrencyprojectLibra has no concrete strategy for launching in 2020. Speaking to Reuters, Patrick Ellis, one of the board members of the Switzerland-based Libra Association, said there were currently no plans to determine how or where the dig…

Categories General NewsTags Cryptocurrency, Facebook

Facebook debuts payment system, taking on Venmo

12 November, 2019 by cryptonews
Facebook debuts payment system, taking on Venmo

Between the lines: Facebook CEO Mark Zuckerberg said at F8 last year that the company wasn’t going to slow down on developing new products even as it works to restore trust. Since then, the company has announced plans for its own cryptocurrency and …

Categories General NewsTags debuts, Facebook

Facebook must remove fake Bitcoin ads featuring Big Brother creator or pay $1.2M

11 November, 2019 by cryptonews
Facebook must remove fake Bitcoin ads featuring Big Brother creator or pay $1.2M

The billionaire creator of Big Brother, John de Mol, has successfully sued Facebook. A Dutch court has ordered the social media giant to remove advertisements that feature his likeness to promote fraudulent Bitcoin BTC investments, Reuters reports. Facebook…

Categories CryptocurrenciesTags Facebook, remove

De Mol wint van Facebook: rechtbank eist maatregelen tegen nep-ads met BN’ers

11 November, 2019 by cryptonews
De Mol wint van Facebook: rechtbank eist maatregelen tegen nep-ads met BN’ers

Gegevens adverteerders Facebook verwijderde weliswaar nepadvertenties, maar weigerde om gegevens van de adverteerders met De Mol te delen en hen van Facebook en Instagram te verbannen. Volgens het bedrijf was dat niet mogelijk en tegen de wet. Europese regel…

Categories CryptocurrenciesTags Facebook, rechtbank
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