Facebook is unloading its cryptocurrency unit, Diem Association, to Silvergate Capital for an estimated $200 million, The Wall Street Journal (WSJ) reported Thursday (Jan. 27), citing unnamed sources with insider information. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Meta CEO Mark Zuckerberg is seeing the demise of his cryptocurrency project due to regulatory pressures, Bloomberg reported Tuesday (Jan. 25). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Facebook parent company Meta wants to have much more compatibility with blockchain technology, The New York Times reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
Facebook recently closed a $60 million deal to purchase the trademark assets of Meta Financial Group after the social media giant renamed its company Meta, spokespeople for both companies told Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Splitting shared payments can be difficult, whether it’s quickly dividing up a dinner bill for several people or wrangling everyone’s share of rent in shared accommodation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Social media giant Facebook could face potential litigation from European consumer groups stemming from its collection of personal information related to games available on the app in 2012, according to a Thursday (Dec. 2) report from Reuters. Get the Full Story Complete the form to...
The announcement that David Marcus is leaving the company formerly known as Facebook marks the departure of the last name associated with its Libra stablecoin debacle. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Facebook parent Meta’s crypto head, David Marcus, is leaving the company at the end of the year, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
Facebook’s move to rebrand as Meta aspires to fold its social media world into the metaverse, but the tech giant is also said to have its ambitions rooted in the real world with rumored talks of physical retail stores, insider sources told the New York...
