Tag Archives: Facebook

Libra was first announced approximately eight months ago in June of 2019, and for the most part, the reception has been mixed.Why Is Libra Losing So Much Support?Many banks, regulators and members of the public have scoffed at the idea that Facebook – the parent company behind Libra – would seek to enter the financial fray. With so much scandal under its belt in the past two years alone, one wonders how such a venture could even exist, and that a company like Facebook would even dare to...

Thanks to the partnership between Zawadi and Eventbrite, event organizers will have a safer and faster way to deliver tokenized tickets to buyers.A mobile ticket delivery platform Zawadi announced its partnership with the U.S. event management and ticketing website Eventbrite. The integration means event managers who are using Eventbrite can now give out tokenized tickets to their participants through social messaging apps as are WhatsApp, Facebook‘s Messenger, and Line Messenger.As per their...

Lael Brainard’s remarks suggest the Fed’s more openness to digital currencies. The U.S. Federal Reserve is studying the feasibility of issuing a digital currency and the risks associated with that.United States Federal Reserve is researching the opportunities that central banks may get issuing their digital currencies. It was revealed by Lael Brainard, a member of the U.S. Federal Reserve’s Board of Governors.According to her, the digitalization of payments could be beneficial, but at the...

Asana Inc., the developer of web and mobile app for organizing, tracking, and managing work, has confidentially submitted a draft registration statement on Form S-1 with the Securities and Exchange Commission (SEC). In the statement, Asana revealed their plan to enter the public markets via a direct listing. In other words, Asana files for IPO.Asana stated:“The public listing is expected to take place after the SEC completes its review process, subject to market and other conditions.”When...

According to the post by Block.one, company representatives attended the government buildings to discuss the future of Voice. Per the announcement:“In December of 2019, we sat down with the U.S. Securities and Exchange Commission in Washington D.C. to discuss our vision and plans for Voice: what it is, what we are trying to achieve, and how the tokens will work.”The company states that it has no right to publish all the related information. However, they will take all the necessary steps...

Verasity, the attention-based rewards platform for content creators, finished 2019 on the right note. And 2020 is looking even better.The team has been working hard on key relationships, which culminated in its partnership with Jun Capital, a gateway to the lucrative Asian streaming market. Outside of promising professional relations, Verasity released its metrics for a fervent Q4 2019 that entailed a 20X increase in videos watched and a 10X increase in wallet registrations since the launch...

Facebook recently released its fourth-quarter earnings with interesting figures. The general report shows that on the plus side, the social media giant is doing better than expected. Facebook surpassed the majority of Wall Street estimates for the company. On the other hand, the report shows that the level of growth needs work and seems to be slowing down considerably.Facebook Fourth Quarter HighlightsFacebook’s figures show that the company now sees 2.5 active monthly users. This is a 2%...

As per reports on January 28, 2020, CEO of Apex Clearing, Bill Capuzzi, stated that it is interesting to witness how the investing habits of millennials have shifted over the past year, claiming that millennials have proven to be unique and differed from their generational counterparts.Apex Clearing has disclosed the fourth-quarter Millenial 100 report that analyzed over 734,000 portfolios possessed by U.S.-based investors with an average age in the region of just 31 years. The result was...

Ever since cryptos came into existence a decade ago, a lot has changed in the financial world. Many crypto proponents suggested a while back that digital currencies will soon take over the world. They said that cryptos will eventually render fiat currencies obsolete. However, new studies show that cash is unlikely to disappear ‘anytime soon.’Although there is declining use of cash as a payment method and the cryptos are surging, Deutsche Bank is convinced that money is here to stay. The...

As January draws to a close, the market is seriously anticipating the release of earnings reports from Apple and Facebook. Both companies, two of the world’s largest tech companies that make up the popular FAANG stocks, had a really great year in 2019. Before Wednesday when the last of these reports will be published, let’s take a look at their journey so far and what is expected.FAANG Stocks to AnticipateWhile the name comprises 5 different companies including Facebook, Apple, Amazon,...