Category: Facebook’s

Facebook’s Libra code chugs along ignoring regulatory deadlock
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Facebook’s Libra code chugs along ignoring regulatory deadlock

“5 months and growing strong” the Libra Association announced today in a post about its technical infrastructure that completely omits the fierce regulatory backlash to its cryptocurrency. Forty wallets, tools and block explorers plus 1,700 GitHub commits have how now been built on its blockchain testnet that’s seen 51,000 mock transactions in the past two…

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Facebook’s first experimental apps from its ‘NPE Team’ division focus on students, chat & music
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Facebook’s first experimental apps from its ‘NPE Team’ division focus on students, chat & music

This July, Facebook announced a new division called NPE Team which would build experimental consumer-facing apps, allowing the company to try out new ideas and features to see how people would react. It soon thereafter tapped former Vine GM Jason Toff to join the team as a product manager. The first apps to emerge from…

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Facebook’s David Marcus Sells Libra as a Currency, Because Bitcoin Apparently Isn’t
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Facebook’s David Marcus Sells Libra as a Currency, Because Bitcoin Apparently Isn’t

Facebook Libra lead David Marcus doesn’t believe bitcoin is a currency. Its volatility keeps it from becoming a currency, he explained. Bitcoin is more aking to ‘digital gold’, according to the Facebook executive. Facebook’s crypto frontman David Marcus, provided bitcoin with a backhanded compliment on Wednesday. According to the Libra lead, bitcoin is a dead…

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Facebook’s plan for our post-web future
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Facebook’s plan for our post-web future

Let us connect some dots. Five years ago, Facebook acquired VR pioneers Oculus for $2 billion. This week, it snapped up neural-interface pioneers CTRL-Labs for somewhere north of $500 million, and announced that its own massively multiplayer VR shared universe Horizon will launch early next year. Oculus became (somewhat creepily named) Facebook Reality Labs, headed…

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Not all is predictable on Facebook’s social Horizon
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Not all is predictable on Facebook’s social Horizon

The VR startups beating Facebook at its own game Most of the people I spoke with at Facebook’s Oculus Connect see the proliferation of virtual reality as a foregone conclusion, one that’s just a matter of timing at this point. For Facebook, the conference’s “The Time is Now” catchphrase showcased that they feel their hardware…

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Meet Facebook’s latest fake
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Meet Facebook’s latest fake

Facebook CEO Mark Zuckerberg, a 35-year-old billionaire who keeps refusing to sit in front of international parliamentarians to answer questions about his ad business’ impact on democracy and human rights around the world, has a new piece of accountability theatre to sell you: An “Oversight Board“. Not of Facebook’s business itself. Though you’d be forgiven…

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