This collection of social media marketing and new hire announcements is a compilation of the past week’s briefs from our daily Marketing Land newsletter. Click here to subscribe and get more news like this delivered to your inbox every morning. Facebook offers best practices for designing Messenger Experiences In a few weeks, Facebook will be […]
Facebook CEO Mark Zuckerberg has been grilled by US Congress over its Libra currency, user privacy concerns and various other issues. Source link
Zuckerberg Faces US Congress on Libra, Privacy and More Read More »
Image copyright AFP Facebook CEO Mark Zuckerberg has tried to reassure sceptical US lawmakers over the safety of the social network’s proposed digital currency Libra. At a fractious hearing in Washington, members of Congress attacked plans for the payment system, warning it could be abused by criminals and terrorists. Mr Zuckerberg was also challenged over
Facebook’s Zuckerberg grilled over Libra currency plan Read More »
Facebook CEO Mark Zuckerberg plans to tell Congress Wednesday that the company’s planned Libra cryptocurrency won’t launch unless all U.S. regulators approve. In prepared remarks released Tuesday ahead of a hearing before the House Financial Services Committee, Zuckerberg says that Facebook will not be part of launching the new digital currency anywhere in the world
Facebook says Libra won’t launch without US approval Read More »
Following the departure of several major backers of Facebook’s Libra cryptocurrency, Reuters is reporting the social media giant is considering a compromise. Initially, Facebook proposed a synthetic unit for the cryptocurrency. The company’s efforts have been met with widespread suspicion and criticism from governments around the world. In what is no doubt an effort to
Facebook Considering Currency-Backed Stablecoins For Libra Read More »
WASHINGTON (Reuters) – Facebook Inc (FB.O), facing growing skepticism about its digital currency project Libra, on Sunday said the initiative could use cryptocurrencies based on national currencies such as the dollar, instead of the synthetic one it initially proposed. FILE PHOTO: A 3-D printed Facebook logo is seen on U.S. dollar banknotes in this illustration
Facebook open to currency-pegged stablecoins for Libra project Read More »
Facebook is willing to reverse course on its plans to tie its digital currency project to a synthetic currency tied to a basket of global currencies. Reuters is reporting that Facebook’s head of the Libra project, David Marcus, told a group of bankers that the company’s main goal was to create a better payments system
Mark Zuckerberg has already changed the way we market. The rise of Facebook, with its mixture of detailed personal demographics and ongoing engagement, has forced marketers to create new ways of building relationships with leads and customers. As the platform has grown, we’ve all grown used to creating posts, producing videos, broadcasting live, answering questions,
David Marcus, the Facebook executive heading the firm’s cryptocurrency efforts, says that the system is designed in such a way that it doesn’t matter whether or not you trust Facebook. That’s because it’s the Libra Association, which was formalized on October 14, that’s tasked with governing the network, not Facebook. He also reiterated that the
Facebook’s David Marcus on Libra launch, partners backing out Read More »
In the wake of reports that Facebook’s Libra currency is losing backers, Mashable is reporting that OpenLibra is being positioned as an alternative, “an open platform for financial inclusion. Not run by Facebook.” The new cryptocurrency was announced in Osaka, Japan at the Ethereum Foundation’s Devcon 5 conference. The currency will share the same Move
