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

Fed Plans To Take A Close Look At Facebook’s Crypto

Fed Plans To Take A Close Look At Facebook’s Crypto
Fed Plans To Take A Close Look At Facebook’s Crypto
June 26, 2019  |  Facebook

The U.S. Federal Reserve plans to hold Facebook’s cryptocurrency, Libra, to high standards when it comes to consumer protection and regulation. Get the Full Story...

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Regulators Say Facebook’s Libra Will Need Scrutiny 
Regulators Say Facebook’s Libra Will Need Scrutiny 
June 25, 2019  |  Cryptocurrency

More financial regulators are talking about Libra and saying that Facebook’s recently announced cryptocurrency won’t launch without close scrutiny, according to a report by the...

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G20 Finance Board: Libra Will Need To Be Watched Closely 
G20 Finance Board: Libra Will Need To Be Watched Closely 
June 25, 2019  |  Regulation

Randal Quarles, chair of the Financial Stability Board (FSB), said there won’t be a specific item on the agenda about Facebook’s Libra at the G20...

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The Data Breach Case Against Facebook Is Moving Forward
The Data Breach Case Against Facebook Is Moving Forward
June 25, 2019  |  Facebook

Facebook is still legally on the hook for a September data breach that affected 30 million of their customers. Hackers were reportedly able to exploit...

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Hearings Scheduled For BB&T, SunTrust Merger
Hearings Scheduled For BB&T, SunTrust Merger
June 25, 2019  |  Regulation

The House Financial Services Committee has scheduled hearings about the proposed merger between BB&T and SunTrust Banks, as well as the Facebook-planned cryptocurrency Libra. Get...

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After (And Among) The Libra Headlines, Caution And Clamor
After (And Among) The Libra Headlines, Caution And Clamor
June 24, 2019  |  Cryptocurrency

All Libra, all the time? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

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Facebook Answers Breakup Talk With Calls For Regulation
Facebook Answers Breakup Talk With Calls For Regulation
June 24, 2019  |  Facebook

Facebook’s head of global affairs Nick Clegg dismissed calls for a breakup of the company and said it would be more helpful if the government...

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CA Governor: Regulators Could ‘Steamroll’ Big Tech
CA Governor: Regulators Could ‘Steamroll’ Big Tech
June 24, 2019  |  Regulation

In a published interview, California Governor Gavin Newsom said big tech companies in his state could soon be “steamrolled” through federal regulations. Significant changes could...

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Crypto Regulation To Tighten Scrutiny On Money Laundering
Crypto Regulation To Tighten Scrutiny On Money Laundering
June 24, 2019  |  Security & Fraud

Amid the announcement of a new cryptocurrency – that would be Libra – the Financial Action Task Force (FATF), which operates as global regulatory firm...

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