Founded in 2004, Facebook serves as one of the world’s largest social media platforms. A public company tradable under the stock ticker FB, Facebook lets users post pictures, videos and updates, as well as chat and connect with people, among other functions on its platform. Users can also buy and sell things on Facebook Marketplace and chat on their mobile devices via the Facebook Messenger app.
Facebook has faced scrutiny for questionable practices. Facebook founder Mark Zuckerberg has spoken in a number of U.S. government hearings.
In 2019, the company released a white paper detailing its Facebook Libra, a type of stablecoin cryptocurrency. The project met notable regulatory scrutiny and has since changed its name from Libra to Diem.
Blockchain is undermining Big Tech companies and cloud providers, particularly when it comes to the Internet of Things.
Crypto is breaking the Google-Amazon-Apple monopoly on user data
Claims and noticing agents such as Kroll are often assigned to bankruptcy cases where the number of creditors exceeds a thousand.
FTX names Kroll as claims agent, to update users on bankruptcy developments
Ephemeral aspects of pop culture are becoming tradable commodities. That phenomenon will only grow in the years ahead.
Dogecoin is on the cutting edge of future assets
The Facebook parent company announced it will let go of approx. 13% of its current workforce in the first mass layoff in the company’s history.
Meta joins big tech layoffs, lets go of 11,000 employees
As of the end of September, Meta had more than 87,000 employees — a large proportion of which is said to work in the Reality Labs division.
Meta reportedly plans ‘large-scale layoffs,’ but what of its metaverse division?
Centralized communication apps share one crucial feature: They crash often. Cointelegraph investigates to see if decentralization can offer a solution.
WhatsApp crash: Are decentralized blockchain messengers a real alternative?
The company changed its name on Oct. 28, 2021, reflecting growing ambitions to transcend beyond social media and into Web3 and the metaverse.
Facebook became Meta one year ago: Here’s what it’s achieved