Tag: Facebook

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Former Director of the National Broadband Task Force Criticizes Anti-Encryption Bills

A former director of the U.S. National Broadband Task Force criticizes anti-encryption bills that in his opinion hurt the nation’s economy and security. Under president Obama, Anurag Lal served as the director of the National Broadband Task Force. Currently he is the CEO of NetSfere, a company that provides secure messaging for enterprises. Lal believes…
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How Blockchain Technology Will Change the Marketing Industry

Blockchain tech has not yet reached its full potential for use in the marketing and advertising industries, but it definitely will in the near future. In modern business, there are no areas left where blockchain enthusiasts will not try to use the technology. Distributed ledger technology is used in logistics, manufacturing, games and in facial…
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Blockchain Expands in Advertising Industry, but Crypto Remains a No Go

Crypto has been left out of the advertising industry, but blockchain technology may be its ticket back in to innovate and change the space. Despite seeing substantial growth in popularity, topping Google search trends amid the recent halving, the coronavirus pandemic and mainstream coverage, the cryptocurrency industry has somewhat been left out of the advertising…
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Crypto Prediction Markets Face Competition From Facebook ‘Forecasts’

Facebook’s Forecast app has been launched in beta even as the blockchain-based Augur platform readies for its v2 revamp. Facebook’s research and development engineers have launched a community platform built around predictions, encroaching on the territory of the emerging crypto-powered predictive market sector. Dubbed ‘Forecast’, Facebook’s new iOS app polls users on a variety of…
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WhatsApp Payments Suspended by Brazil’s Central Bank

WhatsApp’s payment features have been suspended in Brazil less than one month after the Facebook-owned app rolled them out. Brazil’s central bank has ordered Mastercard and Visa to suspend processing money transfers on behalf of Facebook’s WhatsApp. According to official information shared with Cointelegraph Brazil, the Central Bank of Brazil (BC) took action against WhatsApp…
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Telegram Founder Chastises Facebook & Instagram For Allowing Scams to Thrive

Telegram founder Pavel Durov admonishes Facebook and Instagram for generating ad revenue from scams that are being promoted from his name. Telegram founder, Pavel Durov, lashes out at Facebook and Instagram for making money off of scammy ads that use Durov’s name and image. Through his Russian Telegram channel on June 17, Durov accuses the…
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Father of JOBS Act: Gov’t Was Concerned Libra Could Displace Dollar

The father of the JOBS Act would be happy to help Telegram with an IPO if the company chooses to revert to a traditional fundraising model. David Weild IV, who is known as the father of the JOBS Act, believes that the U.S. government had to move to stamp out Facebook’s Libra stablecoin. Facebook: Number…
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Telos to Use Blockchain for Food Assistance Platform

Telos has launched a partnership to deploy its blockchain to secure food assistance programs in the United States. EOS-based blockchain platform Telos has announced a partnership with virtual card provider All_EBT to scale the firm’s service for food assistance programs. The partnership will see Telos’ blockchain used to facilitate payments between All_EBT’s stakeholders in food…
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Libra Will Allow Facebook to Spike Ad Prices, Zuckerberg Reportedly Says

Facebook’s ads business will get a bump due to Libra integration, Zuckerberg reportedly said at a shareholders meeting. The proposed Libra cryptocurrency will allow Facebook to increase ad prices, the social network’s CEO Mark Zuckerberg said at the annual shareholder meeting on Wednesday, according to Cnet.  At the event, Zuckerberg was reportedly asked how Facebook…
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Calibra Rebrands as Novi to Avoid Confusion With Libra

Facebook continues sprucing up for regulators. Facebook-owned digital wallet Calibra rebranded itself as Novi earlier today, sharing new details about the project. The primary reason for the name change was to avoid the confusion with the Libra cryptocurrency, a representative for Novi told Cointelegraph. “When we announced Libra and Calibra last June, we wanted to…
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