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Meta (Facebook) forced to sell Diem assets as digital payments ambitions fail
The Diem cryptocurrency project is being forced to sell its assets, as Meta (Facebook) admits defeat in its ambitions in...
Facebook digital wallet Novi ready for market launch
Facebook has announced it will launch the Novi digital wallet tied to the Diem blockchain-based payment system, having received the...
Australian Central Bank set to reign in powers of Big Tech
Their have been reports that the Australian Central bank, Reserve Bank of Australia, will apply greater focus by its policymakers...
Diem drops Swiss license and heads to US for stablecoin trial
Facebooks cryptocurrency Diem has been forced to abandon plans to gain a license in Switzerland via its financial regulator FINMA...
Big Tech investments – Where are the giants spending money
From recent reports its is clear that during the COVID-19 pandemic, some big tech giants are taking advantage of the...
Facebook sets up F2 unit to supercharge payments activities
Facebook has revealed that it has set up a new business unit to address payments and commerce opportunities. David Marcus,...
Facebook launches e-commerce play with Facebook Shops
Facebook has unveiled a service that puts it in direct competition with Amazon and eBay pushing its 2.6 billion users...
Majority of Americans would allow Big Tech to use their spending data
A majority of Americans, 64%, would consider purchasing or applying for financial products from a Big Tech company instead of...