Facebook

Facebook, Inc. is an American online social media and social networking service company based in Menlo Park, California. It was founded by Mark Zuckerberg, along with fellow Harvard College students and roommates Eduardo Saverin, Andrew McCollum, Dustin Moskovitz and Chris Hughes.

Facebook is a popular free social networking website that allows registered users to create profiles, upload photos and video, send messages and keep in touch.

Source: facebook.com

Loss Of Advertisers Knocks Facebook’s Market Value Down $56B
Loss Of Advertisers Knocks Facebook’s Market Value Down $56B
June 29, 2020  |  Facebook

With advertising boycotts aplenty, Facebook CEO Mark Zuckerberg is now out $7 billion, Bloomberg reports. The social media giant has faced backlash and losses in...

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WhatsApp, Brazil Central Bank In Talks To Restore Payments Service
WhatsApp, Brazil Central Bank In Talks To Restore Payments Service
June 26, 2020  |  Digital Payments

WhatsApp, after Brazil’s central bank shut down its payment functions in the country earlier this week, has signaled that it could work things out soon,...

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WhatsApp And Facebook’s Brazil Conundrum
WhatsApp And Facebook’s Brazil Conundrum
June 24, 2020  |  International

Talk about an about-face. The news that Brazil has seen a sudden “freeze” of WhatsApp payments, introduced only last week by Facebook, raises questions about...

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India OKs Facebook Subsidiary’s Acquisition Of Jio Platforms Share
India OKs Facebook Subsidiary’s Acquisition Of Jio Platforms Share
June 24, 2020  |  Partnerships / Acquisitions

The Competition Commission of India (CCI) has given the green light to the acquisition of a roughly 9.99 percent share of Jio Platforms by a...

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Brazil Central Bank Cites Lack Of Competition In Shutting Down WhatsApp Payments
Brazil Central Bank Cites Lack Of Competition In Shutting Down WhatsApp Payments
June 24, 2020  |  International

Brazil’s central bank has suspended WhatsApp’s payment feature in the country, citing antitrust concerns, according to Bloomberg on Tuesday (June 23). Mastercard and Visa have...

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German Court Orders Facebook To Stop Data Collection
German Court Orders Facebook To Stop Data Collection
June 23, 2020  |  Facebook

The German Federal Court has ordered Facebook to comply with an order from the country’s antitrust regulator and stop data collection of users in the...

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Google’s Reliance On Travel Ads Dents US Ad Revenue
Google’s Reliance On Travel Ads Dents US Ad Revenue
June 23, 2020  |  Google

Google‘s U.S. ad revenue is about to take a fall due to the decline in spending from many companies tightening their belts during the pandemic,...

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Facebook Eyes Leasing Neiman Marcus Store In Manhattan
Facebook Eyes Leasing Neiman Marcus Store In Manhattan
June 22, 2020  |  Retail

Facebook could be looking to take over Neiman Marcus‘ space at Hudson Yards in Manhattan, according to an unnamed source in a Women’s Wear Daily...

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Pandemic Supply Chain Pivots, Cross-Border Conversion, P2P Payments Top This Week’s News
Pandemic Supply Chain Pivots, Cross-Border Conversion, P2P Payments Top This Week’s News
June 19, 2020  |  The Weekender

It’s the end of the work week, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments...

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