Mark Zuckerberg

Twitter and Facebook Want to Shift Power to Users. Or Do They?

A decentralized internet was hailed as a way to dethrone Twitter and Facebook. But to the tech giants, the idea could unload some of their burdens. Not so long ago, the technology behind Bitcoin was seen in Silicon Valley as the best hope for challenging the enormous, centralized power of companies like Twitter and Facebook. […]

Facebook re-brands in all caps, failing to defuse internet ire over monopoly status, fake news, and privacy predation

Facebook has rebranded as all-caps FACEBOOK in order to remind people “which company makes the products they use,” inviting mockery from social media as it dodges the problems plaguing the billion-user mega-platform. Facebook will slap the new all-caps logo in a thin-lettered typeface on its subsidiaries, while its old logo will remain the identifier for […]

Facebook’s Digital Currency ‘Libra’ Coming In 2020

San Francisco:As the chorus grows to break up Facebook and regulators scramble to fix it over privacy violations, the social networking giant on Tuesday announced a digital wallet subsidiary called ‘Calibra’ that would launch Blockchain-powered cryptocurrency ‘Libra’ next year to help nearly one billion people globally who don’t have a bank account but do have […]

Libra, Calibra: Facebook’s Digital avada kedavra Magic Money Plan Explained

Earlier in June, Facebook announced its ambitious cryptocurrency called Libra. Libra being termed as a cryptocurrency works on the same underlying technology as other cryptocurrencies, the blockchain. Despite being a cryptocurrency, it is to be noted that Libra has a lot of distinct features that are not seen on other cryptocurrencies. Libra is a permissioned […]

Why Facebook needs Libra

In the technology sector, there’s a concept called “platform risk,” the danger that another company, or a newer, trendier technological innovation, could kneecap your business by wooing or coercing your users away. If you want to understand what Zuckerberg might see in Libra, consider Facebook’s $2 billion 2014 acquisition of Oculus, says Hunter Horsley, a former Facebook […]

Libra not a crypto as it’s ‘centralized, backed by assets, and permissioned’

One of the heated topics in the cryptocurrency, regulatory, and the fintech space has been Facebook’s footprint in the digital asset ecosystem with the unveiling of Libra. This venture is viewed as a positive sign for the growth of the cryptocurrency market altogether by some, whereas criticized by many. The criticism was not much of a […]

Germany, Italy & France set to block Facebook’s cryptocurrency Libra in Europe – report

Paris, Rome, and Berlin are getting ready to block Facebook’s new digital currency Libra in Europe, a French minister said, as cited by AFP. Last month, France’s Finance Ministry said that the technology developed by the social media giant causes serious concerns and therefore its operation cannot be authorized for use on European soil. French […]

China rushes to embrace blockchain with Facebook’s Libra just around the corner

People’s Bank of China is preparing to launch its own digital currency, with President Xi Jinping urging an aggressive approach Last week, Facebook founder Mark Zuckerberg told US lawmakers that Libra was essential to projecting American financial leadership around the world China is looking to apply blockchain and artificial intelligence technologies in cross-border financing and […]

The Startup That Aims to Decrypt Blockchain for Business

The founders of Alchemy are hoping to conjure gold—by building a better backbone for companies that run on blockchain. Now,  Viswanathan is a hyper-connected, fast-talking 32-year-old with a record of turning simple consumer apps into viral success. So why is his new company, Alchemy, in the business of blockchain developer tools? He’d like to draw me a chart. […]

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