PayPal CEO Dan Schulman on why he left Libra Project
In an interview with Fortune, CEO of PayPal Mr. Dan Schulman revealed why he left Facebook’s Libra project. Facebook announced the ambitious cryptocurrency project Libra in June. A total of 28 companies joined a project called Libra association but PayPal left in October. Schulman said in an interview that “We were interested in financial inclusion and Libra is too slow in that” and also mentioned that he is holding bitcoins.
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Zuckerberg says there's 'no end in sight' for Facebook employees working from home
Facebook CEO Mark Zuckerberg on Thursday said there is no timetable for when employees will return to the company's offices amid a continuing surge in Covid-19 cases in the U.S. Zuckerberg made his comments on a call with analysts about Facebook's second-quarter results, specifically criticizing the Trump Administration for its handling of the coronavirus.
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Facebook Earnings Report Rescheduled Due To Shift In Antitrust Hearing
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TikTok brings Google and Facebook executives to help expansion plans
TikTok, The Chinese-owned video-sharing app, which already employs 1,400 people in the U.S., has hired dozens of staff from Google and Facebook including several high-profile executives to help the company expand rapidly within the region. TikTok and Facebook declined to comment. Worldwide, TikTok employs 172 ex-Googlers and 165 ex-Facebookers, according to an analysis on LinkedIn
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