Mark Zuckerberg

Facebook Buys Stake in Reliance Jio — How the Deal Affects Cryptocurrency in India

Facebook is buying a stake in Reliance Jio, India’s largest telecom operator. The deal has boosted Reliance Industries’ share price and is welcomed by the Indian cryptocurrency community. Besides Facebook’s investment into Reliance Jio, Whatsapp has also entered into a partnership with Jio Platforms and Reliance Retail. Facebook Invests in Reliance Jio — Largest FDI...
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Expect Facebook to Ramp up Lobbying Efforts to Get Libra Cryptocurrency Off the Ground

As Facebook continues in the effort to launch its Libra cryptocurrency, the social media giant is likely to rely more heavily on paid lobbyists and the persuasion powers of its senior executives. Mark Zuckerberg prefers closed-door approach In a leaked audiotape of a Facebook town hall released by The Verge, the co-founder and CEO of...
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Will Facebook’s New App ‘Threads’ Kill Snapchat?

Facebook has finally gotten a partner app for Instagram dubbed ‘Threads’. This may be the app that will be the Snapchat killer. The question though is which direction is Facebook going in? Facebook (FB) is said to be developing a new application which is meant to be attached to Instagram. The new application called ‘Threads’...
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Facebook’s David Marcus quits Project Libra; signs book deal with publisher of ‘The Accidental Billionaires’

DISCLAIMER/Author’s note: This is a satirical piece meant solely for entertainment purposes. Mark, if you’re reading this, please don’t take offense at any of this. Please don’t share and circulate my Facebook data (if you haven’t already, that is). Please don’t retrieve that old school-time pic of mine that I thought I had long deleted....
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Mark Zuckerberg Offloads Facebook (FB) Stock, But Analysts Stress on Buying

Despite being the talk of multiple controversies over the last year, analysts express strong bullishness on the future rise of Facebook (FB) stock amidst strong fundamental and technical indicators. Facebook has been going through a very rough phase over the last year. Firstly, the Cambridge Analytica scandal in 2018 surfaced the unethical use of Facebook’s...
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Facebook’s WhatsApp Plans to Launch Mobile Payments in Indonesia

Facebook Inc further extends its reach towards establishing its dominance in the Asian market. Having that it’s instant-messaging app – WhatsApp partners with multiple Indonesian digital payment firms to offer their mobile transaction services. Indonesia has an estimated value of 260 million people. Been that the nation enlists among the top-five largest markets for WhatsApp,...
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Facebook’s Libra to Dominate Discussions during U.S. Lawmakers’ Visit to Switzerland

The U.S. House Financial Services Committee delegation plans to visit Switzerland to exchange views about Facebook’s Libra with the Swiss FDPIC Adrian Lobsiger. A United States House of Representatives delegation plans to visit Switzerland on cryptocurrency concerns. Libra stablecoin, which is the Facebook‘s project, will be the primary focus of these discussions. A group of...
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