Facebook's new cryptocurrency initiative will keep personal data and financial data separate, says co-creator
The co-creator of Libra, Facebook's new cryptocurrency, has said that the user's financial data will be kept separate from their personal data. Facebook is also launching their own cryptocurrency wallet and has said that they intend to monetize the wallet via advertising, not the sale of data. French and German regulators have expressed concerns regarding the new currency.
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Facebook takes down Trump’s post about the immunity of kids and coronavirus
Facebook took down a video President Trump posted to his account Wednesday, citing its rules against false claims about the coronavirus. The post in question was a video clip from a Fox News segment from Wednesday morning in which the president makes the unsubstantiated claim that children are “almost immune” to COVID-19
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Techcrunch
Tencent adds $200 billion this year, now bigger than Facebook
China’s gaming and social media giant Tencent is now more valuable than Facebook, Tencent’s market capitalization has surpassed Facebook’s following a huge rally in the Chinese firm’s shares this year. The total value of publicly traded shares of the Chinese gaming and social media giant that owns WeChat stood at $664.50 billion at around 3:07 p.m. Singapore time. Meanwhile, Facebook’s market cap totaled $656.15 billion as of Tuesday’s close
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CNBC
Facebook takes on Zoom
Facebook takes on Zoom
The new feature allows users to stream video calls made in Messenger Rooms on Facebook Live. Facebook users who create a Messenger Room will be able to stream a live broadcast of the call from their profile, a Facebook Page or a Facebook Group, allowing large audiences to watch in real time.
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Foxbusiness
Facebook’s new page design removes like button
Facebook is testing a new design for Facebook Pages that will, among other things, remove the “Like” count, offer a cleaner and more readable layout, and make it easier for those who operate Pages to actually use and manage them. Currently, the public figures involved in the test include actors, authors, creators and a small handful of media entities, like bands and books
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Techcrunch