The beginning of February '22 will be remembered for one thing: Facebook — and the tech market it has come to represent — had a terrible quarter.
"We're aware that some people are having trouble accessing our apps and products," Facebook said in its first public comment on Twitter. "We're working to get things back to normal as quickly as possible, and we apologize for any inconvenience."
Facebook is launching a WhatsApp-based digital payments service for the messaging app’s 120m Brazilian users; users will be able to...
Recent research suggests that payday lenders are marketing directly to consumers who are seeking financial help due to the pandemic;...
When Facebook first launched Libra they laid out a grand plan to help reshape the financial system, that plan is...
Silvergate, a US-based crypto bank that first partnered with the Facebook venture to create a stable coin last May, said in a release they paid $182 million for the operations infrastructure.
Facebook announced last week that their digital payments platform, Novi, is nearly ready to launch across multiple states, having passed regulatory checks. Novi will use a stable cryptocurrency called Diem to launch payments across borders for the 2.7 billion users of the social network.
Digital currency is slowly becoming a race for both central banks and the private market; China is about to launch...
The U.S. Patent Office published a Visa patent application from November that would create a gateway to allow for central...
Facebook has re-released plans for Libra which are scaled back from their original vision after getting significant pushback from global...