Facebook Might Launch its First-ever Digital Currency Project Diem in 2021

pic courtsey: https://www.techquila.co.in/bitcoin-rival-diem-by-facebook-launching-2021/

Back in 2019, Facebook announced the details for its cryptocurrency, Libra, which is now known as Diem. The token was intended to be a universal currency in the same league as the U.S. dollar and the euro. The Facebook-backed digital coin is expected to launch later in 2021, but in a more limited form and… Continue reading Facebook Might Launch its First-ever Digital Currency Project Diem in 2021

Facebook, Inc. Reaches $1 Trillion M-Cap for the First Time As Legal Ruling Dismisses Antitrust Lawsuits against the Tech Giant

pic courtsey: https://in.pcmag.com/social-media/142565/15-hidden-facebook-features-only-power-users-know

The U.S-based tech and social media giant Facebook made history on Monday by reaching the m-cap valuation of $1 trillion for the first time ever. The tech company hit a market capitalization value of $1.01 trillion with its shares closing at USD 355.64 on Monday which were up by 4.18 percent. Facebook’s m-cap valuation makes… Continue reading Facebook, Inc. Reaches $1 Trillion M-Cap for the First Time As Legal Ruling Dismisses Antitrust Lawsuits against the Tech Giant

Facebook Announces E-commerce Updates, Expands ‘Shops’ to WhatsApp and Facebook Marketplace

Facebook Inc. is reportedly making it easier to shop and for online retailers to get their products discovered by a wide customer base and boost sales. After Instagram and Facebook, the social media giant is expanding its ‘Shops’ to popular messaging app, WhatsApp in several countries across the globe. Shops was launched last year by… Continue reading Facebook Announces E-commerce Updates, Expands ‘Shops’ to WhatsApp and Facebook Marketplace

Facebook Acquires Seattle-based VR game developer BigBox VR to boost its VR Game Studios Portfolio

Social media and tech giant Facebook recently announced the acquisition of a popular virtual reality game developer, Big Box VR. The makers of the battery royale VR game ‘Population: One’ will be a part of Facebook’s Oculus Studios. Over the recent past, Facebook has acquired numerous virtual reality game studies and the acquisition of Seattle-based… Continue reading Facebook Acquires Seattle-based VR game developer BigBox VR to boost its VR Game Studios Portfolio