Libra (LBA) & Facebook

Facebook (FB) stock has negatively reacted to the current situation in the U.S. caused by the coronavirus outbreak and all the related risks.Facebook Inc (NASDAQ: FB) stock has dipped 3.45% in the premarket to trade below $190 price level as the company is advising its employees from the greater Bay Area to stay at home due to fears of coronavirus spread in the locality. The instructions to cancel any work trip will affect its California headquarters and also it’s Menlo Park.This a huge blow...

INX IPO will launch soon in New York, security exchange from Gibraltar is planning to change the industry with fully regulated trades. The exchange will feature extended compliance and two separate trading layers – for crypto and for classic securities.This could be one of the biggest business deals in the history of cryptocurrency. INX Ltd., entering a 130 million IPO stage, wants to establish in New York to avoid problems with almighty regulators. Smart move, considering that people like...

Amazon, Facebook, Google and Microsoft are all encouraging employees in the Seattle area to work from home due to concerns about the coronavirus as the outbreak in Washington grows.The coronavirus grew more deadly in the United States, with the death toll climbing to 12 on Thursday. Throughout the country, more than 225 cases have been confirmed. Yesterday, U.S. Senate has agreed on an $8 billion emergency funding package that is headed to the President. Lawmakers across the country are...

While the coronavirus fears are spreading in the U.S., many tech giants are under their influence as well. MSFT stock lost over 2% yesterday and continues falling in the premarket.Microsoft Corporation (NASDAQ: MSFT) reported that two of its employees in Washington state have been infected with the coronavirus.Meanwhile, Microsoft stock yesterday lost 2.51% and fell to the level of $166.27. The current market cap of the company is 1.26 trillion. In the premarket, MSFT continues falling while...

Tesla (TSLA) stock is the most shorted stock on the market. Over the last seven days, its short-sellers made $1.1 billion. It runs neck-and-neck with Apple.While coronavirus is devastating the market, Tesla Inc (NASDAQ: TSLA) stock is still number one among most shorted stocks. According to fintech company S3 Partners, over the last seven trading days, short-sellers made a total of $51.3 billion. $1.1 billion of the mark-to-market profit belongs to Tesla’s short-sellers. However, the gains do...

Are we about to see some major changes coming to Libra?Libra Is Taking On a Whole New FormThe words “changes coming” probably aren’t entirely accurate, as Libra has not been released to the public just yet, though up to this point, the currency has widely been suggested as a single asset rather than a string of combined ones making up a payment network. This is the form that Libra executives now say the project will take on.Libra was originally going to be a stable currency supported by...

Facebook has announced that one of its contractors is infected with the coronavirus. Though FB stock gained yesterday, it is falling in the premarket.Facebook Inc (NASDAQ: FB) reported that their worker, from Seattle headquarters, has been diagnosed with the coronavirus. This is the first known infection inside the company. Meanwhile, Facebook (FB) stock is not going to lose its positions, though in teh premarket it is down.The employee has been in Facebook’s Stadium East office in Seattle on...

Eigentlich war Facebooks Cryptocoin Libra für Anfang 2020 geplant. Doch nachdem Zentralbanken mehrerer Länder ihre Bedenken geäußert hatten, sah es schlecht aus, für eine Zulassung. Facebook überdachte sein Konzept und hat nun neue Informationen – vor allem zur Wallet Calibra – veröffentlicht.Crypto News: Libra Wallet wird auch Fiat-Währungen speichern könnenDer Libra ist weiterhin in der Mache. Er wird als Stablecoin auf den Markt kommen, jedoch nun noch enger mit Fiat-Währungen verknüpft...

Facebook has changed plans for crypto and has decided to develop and issue multiple digital fiat-pegged assets in addition to Libra.Facebook Inc (NASDAQ: FB) has had a rough time with regulatory authorities and the U.S. government since it announced plans for a digital currency. When Facebook unveiled plans for the Libra, it probably did not expect the amount of backlash it got in response. Many institutions were worried about the power the Facebook company has and how it could affect how...

Facebook will provide free advertisements to the World Health Organization as it seeks to ensure users are not misinformed about the coronavirus. FB stock was down yesterday but started to grow in the premarket.As the coronavirus spreads on a pace nobody even could imagine (94,192 infected, 3,219 dead), more and more companies are joining forces to help prevent further damage. Among them is one of the widest spread social media in the world – Facebook Inc (NASDAQ: FB).Yesterday FB lost over...