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Image: Getty Images It is hard to imagine that the land synonymous with Gandhi’s non-violence is on track to commit genocide against Muslims. This may seem a bit overblown but Gregory Stanton, founder of Genocide Watch, one of the world’s foremost scholars on the topic who warned us about the Rwandan genocide in 1993 doesn’t […]
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Meta Platform, Inc.’s (FB) Diem stablecoin project may be shuttering. According to a Bloomberg report, the project is searching for a buyer for its intellectual property (IP). The report, which quotes anonymous sources, does not specify contents of Diem’s IP portfolio nor the price that a buyer may be willing to pay for it. The […]
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The EU has cleared Meta/Facebook’s acquisition of CRM maker, Kustomer — accepting a set of commitments from the tech giant to allay competition concerns linked to the fact it also owns a suite of popular messaging apps frequently used by small businesses for customer outreach (aka Facebook Messenger, Instagram and WhatsApp). The Commission said Meta […]
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The Diem Association, a consortium of companies working on a blockchain-based payment system, is selling its technology assets to Silvergate Capital for $200 million, according to a report from the WSJ. Meta, the company formerly known as Facebook, is one of the founding members of the association. Diem represented Facebook’s most ambitious bet on cryptocurrencies. […]
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LONDON (AP) — European Union regulators have approved Facebook parent Meta’s purchase of customer service startup Kustomer, after the social… LONDON (AP) — European Union regulators have approved Facebook parent Meta’s purchase of customer service startup Kustomer, after the social network made concessions to ease concerns the deal would squeeze out rivals. The EU Commission’s […]
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FILE PHOTO: People are silhouetted as they pose with mobile devices in front of a screen projected with a Facebook logo, in this picture illustration taken in Zenica October 29, 2014. REUTERS/Dado Ruvic MANILA, Philippines — Meta (formerly Facebook) has disputed the claims of a suspended lawyer who is an ardent supporter of the Marcoses […]
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More than two years after it was first announced, the Facebook-sponsored cryptocurrency formerly known as Libra appears to be coming to an end. The Diem Association set up by Facebook to manage the digital token is exploring a sale of its assets after meeting resistance by regulators who opposed the initiative, according to a new […]
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(NewsNation Now) — As most every parent knows, teaching kids about safety can be hard, but getting them to play a computer game is easy. Meta, the company formerly known as Facebook, just launched two new online games that are part of a series designed to help kids be kind, be respectful, be safe and […]
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Mark Zuckerberg, chief executive officer of Facebook Inc., speaks during the virtual Facebook Connect event, where the company announced its rebranding as Meta, in New York, U.S., on Thursday, Oct. 28, 2021. Michael Nagle | Bloomberg | Getty Images The day after Microsoft announced its intent to buy gaming powerhouse Activision Blizzard, the company released […]
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MENLO PARK, Calif., Jan. 24, 2022 /PRNewswire/ — Following Meta Platforms, Inc. (NASDAQ: FB) October 2021 announcement that we would implement a new financial reporting structure, we are sharing additional information about the reporting format of our segmented financials. Beginning with the fourth quarter 2021 earnings results on February 2, 2022, Meta will report revenue and […]