Facebook:

Facebook seeks publisher deals before news tab launch

Posted on August 12, 2019

Social networking behemoth Facebook is reportedly approaching a number of high-profile news publishers in (more…)

Posted by Alan Littler

How to force Facebook to show images when you share links

Posted on July 31, 2019

When you share a link on Facebook, either by making a post yourself via the desktop browser or via the app, or whether you do it via a form of auto publishing, sometimes the image from your website doesn’t pull through (more…)

Posted by Darren Jamieson

Facebook to pay record fine to resolve privacy concerns

Posted on July 30, 2019

According to the Federal Trade Commission (FTC) in the USA, social networking company Facebook is to pay a record fine of (more…)

Posted by Alan Littler

Facebook could postpone launch of Libra until it satisfies regulators

Posted on July 18, 2019

Social networking giant Facebook has recently said that it may have to postpone the launch of its new digital currency until it has quashed the concerns of many different regulatory bodies around the (more…)

Posted by Alan Littler

How to waste your Facebook Advertising budget

Posted on July 16, 2019

Have you ever seen adverts on Facebook and wondered why on earth you were seeing them? You know, the sort of adverts that are so irrelevant to you that you can’t believe Facebook is showing them to you?

Every now and (more…)

Posted by Darren Jamieson

Google or social media – where do you look to find a business?

Posted on July 11, 2019

This week I found myself tagged in yet another social media post where someone had asked for recommendations for a web designer.

Now don’t get me (more…)

Posted by Darren Jamieson

Facebook usage declines over past 12 months

Posted on June 25, 2019

According to data from Mixpanel, a business analytics firm, usage of social networking site Facebook has plummeted in the last 12 months.

The data is for (more…)

Posted by Alan Littler

Facebook reveals cryptocurrency details

Posted on June 21, 2019

A few weeks after revealing that it was in the process of finalising plans to launch its own cryptocurrency, social media site Facebook has now released the details of its digital currency.

The currency will be called Libra, and is set to be launched early next year. Furthermore, Facebook has said that people would be able to use the currency through the company’s mobile apps, as well as on the Facebook-owned messaging platform, WhatsApp. It added that high-profile businesses such as Visa and Uber would be likely to accept Libra.

Since the news broke of Facebook’s plans to launch a digital currency, there has been plenty of concern regarding how the company will protect people’s data and money, as well as questions surrounding the currency’s volatility.

In response to these concerns, Facebook has stated that Libra will be independently managed and will be backed by real assets. It added that paying with Libra would be as easy as sending a text.

Facebook’s move into the payments sector is the latest in a line of tech companies entering the market, after the likes of Google, Apple and Samsung all entered with various payment platforms. However, Facebook is the first to base its service on an actual cryptocurrency.

For those wanting to use Libra, Facebook has said that it can be bought through its platforms in a digital wallet the company will be adding, called Calibra. Users will then be able to send Libra to others as instantly and easily as a text message is sent.

In the future, the company hopes to be able to add services for both businesses and people, such as the ability to pay bills with the click of a button, buy coffee by scanning a digital code or take public transport without having to carry cash.

The company is expected to take a small commission fee on payments that are made through this platform, although it has said that these fees would be low to no cost.

Facebook has assured those who may be interested in investing in Libra that this is not a side project that will be abandoned after a few months. It has said that this is the future of the company and is an initiative that has seen an alliance formed with other big players in the payment industry, including Mastercard, PayPal, Vodafone, eBay and Spotify.

Facebook hopes to launch Libra at the start of 2020, and its biggest test may be whether people will trust the company with their money. In anticipation of this, the company has engaged in talks with various governments, banks and regulators such as the Bank of England.

Posted by Alan Littler
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