Facebook Stock Has Bigger Problems Than That Ugly Earnings Report
Facebook stock imploded after a brutal number in its earnings report. Here’s why FB shares may not recover over the long term.
Libra
3 Reasons Why the Facebook Bubble is Ripe for a Huge 2020 Burst
Facebook stock performed exceptionally well 2019. But as the bulls grow more euphoric, the stage is set for a big correction in 2020.
Facebook Splashes $1 Billion to Dig Deeper Into Our Brains
Facebook is paying top dollar to gain further infiltration into our inner-workings. As they struggle to gain access to our wallets with the controversial digital currency Libra, the social media giant is shifting their attention to our minds. Today we’re thrilled to share that Facebook has agreed to acquire CTRL-labs. Our team is excited to … Read more
Facebook Contractor Spies on Horrified Moderators. When Does It End?
Facebook released a video last year apologizing for its data misuse that likely swayed the 2016 election. It ends by saying “if this place does what it was built for, we all get a little closer.” That is the problem, Facebook. It’s time to back off. The Intercept just released an exposé detailing how managers … Read more
Watch: Facebook’s Crypto Chief Suffers Brutal Senate Backlash
The US Senate Committee on Banking, Housing, and Urban Affairs held a hearing on Facebook’s Libra project this morning, with Facebook crypto chief David Marcus in the hot seat. After a lengthy introduction by Idaho Senator Mike Crapo in which he called Facebook’s aims “commendable,” the committee discussed the potential ramifications of Facebook banking services. … Read more
Facebook Crypto Libra’s Leader Responds to Concerns and Misunderstandings
In a responsive blog post on Wednesday, David Marcus, head of Facebook’s financial blockchain project ‘Libra’, covered a range of subjects including responding to sweeping concerns surrounding the crypto project. Congress Demands Facebook Halt Work on the Libra Cryptocurrency https://t.co/i2waZzrPFY — CCN – Capital & Celeb News (@CapitalAndCeleb) July 3, 2019 He wrote: As expected … Read more
Facebook’s Social Media Platforms Crash. Will Libra Be Different?
A few hours ago, the internet’s top social networks suffered a crash that kept users from sharing photos, videos, and similar files. Almost simultaneously, Facebook, Whatsapp, and Instagram suffered the same malfunction causing, as expected, a big nuisance among netizens, who rushed to position the tags #Instagramdown, #facebookdown, and #whatsappdown on Twitter. https://twitter.com/StrangerBukhari/status/1146501695528144897 And although … Read more
Russia Won’t Ban Facebook’s Libra After All, Hints Full Crypto Regulation
According to local reports, Russia will not go out of its way to ban Libra, a crypto asset created by the Libra Association, an international consortium started by Facebook. Alexei Moisseev, the deputy finance minister of Russia, told publications that a legislative framework for crypto assets will soon be formed and Libra is likely to … Read more
Facebook’s Crypto Wallet ‘Calibra’ is Coming to WhatsApp in 2020
By CCN.com: The whitepaper of Libra, a crypto asset created by a non-profit organization in Libra Association led by Facebook has been formally released, disclosing key details of the digital asset and the blockchain protocol that supports it. As speculated, Libra will operate as a stablecoin backed by the Libra Reserve and will represent the … Read more