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
In a New York-led antitrust probe into Facebook, New York State Attorney General Letitia James said on Tuesday (Oct. 22) that 47 attorneys general from...
Recent short-term, or repo, lending issues have Sen. Elizabeth Warren worried that banks could potentially use the problems to justify easing regulations on the banking...
In today’s payments news, British FinTech startup Revolut is teaming with Mastercard to help it expand into the U.S. Also, Visa’s “She’s Next, Empowered by Visa” initiative is...
Facebook’s relationship with financial institutions could be threatened if it launches its cryptocurrency Libra without fully addressing concerns over money laundering, The Financial Times (FT)...
The head of the Financial Crimes Enforcement Network (FinCEN) has warned FinTech firms that they must abide by anti-money laundering (AML) laws. Get the Full...
Libra, Facebook’s cryptocurrency plan, is moving forward despite being “mocked” by regulators and losing key investors like Visa and Mastercard, The New York Times reported on...
Fresh off a wave of defections, the Libra Association has claimed an initial 21 members. That’s a start. But the crypto initiative is still missing key...
David Marcus, CEO of Facebook’s wallet service Calibra, said that Libra could use national currency-pegged stablecoins like a dollar stablecoin, rather than the synthetic one...
The chair of the U.S. House Antitrust Subcommittee David Cicilline (RI-D) said he anticipates having a final report in early 2020 about big technology companies and...