Tagged: facebook

Facebook Messenger Wants Your Banking Information

While much of the world is pushing forward with empowering users to control their own financial information, social media leader Facebook (NASDAQ:FB) is heading in the opposite direction by asking banks to share detailed financial information about their customers. This deeply concerning report was first… Read More

The Time Has Come to Regulate the Tech Titans: A Tiered Approach to Regulation in Favour of Competition, Innovation and Consumer Rights

With tech titans the most valuable companies on the planet, the notion of self-regulation is no longer appropriate or fit for purpose. Is now the time for governments to step in to protect consumers and ensure a more competitive environment? The role of the technology… Read More

Facebook Partially Reverses ICO Advertising Ban that Never Really Worked

Facebook has done an about face on their initial coin offering advertising ban – at least for a lucky few pre-approved platforms and exchanges. It appears that Facebook is recognizing the fact these are regulated securities and thus quite similar to other investment offers. Facebook… Read More

FIDO Alliance Appoints Facebook to Board of Directors

The FIDO Alliance, an organization that enables an interoperable ecosystem of hardware, mobile and biometrics-based authenticators that may be used for apps and websites, announced on Tuesday that Facebook has been appointed to its Board of Directors. According to the organization, the social media giant joins other global… Read More

Facebook Creates Dedicated Blockchain Team

The man who decoupled messaging from the main Facebook site, made it a discreet app customers had to download to phones (which mined even call data from customer phones), is leaving Facebook’s Messenger department to lead a blockchain working group within the company. David Marcus,… Read More

Amazon. Stop Being Everything to Everybody!

  In two of my previous articles, “The Top Ten Fintech Predictions for 2018” and “Top The Fintech Predictions for 2017”,  I predicted a few things to come including The End of Privacy, Vertical Integration and What’s Your Advantage where I visualized Facebook, Snapchat, Tesla,… Read More

Report: Telegram Initial Coin Offering Expected to top $1.7 Billion

This should come as no surprise to anyone who has been following Telegram. One of the fastest growing messaging / social media platforms in the world is poised to top $1.7 billion with its initial coin offering. This is according to a recent report in… Read More

Twitter Set to Join Google & Facebook in Banning Cryptocurrencies & ICOs Advertisements

Social media giant Twitter is set to ban almost all cryptocurrencies and initial coin offering (ICOs) advertisements. According to SkyNews, Twitter may release a new advertising policy in two weeks that will prohibit advertisements for ICOs, token sales, and cryptocurrency wallets globally. The media outlet also revealed that… Read More

Facebook Bans Ads For Bitcoin, Cryptocurrencies, & ICOs

On Tuesday, social media giant Facebook announced it is officially banning all ads concerning bitcoin, other cryptocurrencies, and initial coin offerings (ICOs). Facebook Product Management Director, Rob Leathern, stated the platform’s team has created a new policy that prohibits ads that promote financial products and services that are frequently… Read More

Alibaba Must Acquire Starbucks, WeWork, Airbnb, Uber, Tesla & PayPal

During July 2016, I was part of a delegation of US Fintech executives visiting our counterparts in Hong Kong, Shenzhen, and Shanghai, China. We toured and visited some of the most exciting Fintech platforms in China such as LuFax, CreditEase, Tencent (the creator of WeChat),… Read More

3 Takeaways from Mary Meeker’s 2017 Internet Trends Report

This article highlights three takeaways for Fintech firms from Mary Meeker’s 355-page-long report: 1) The Internet’s center of gravity shifts to Asia; 2) The biggest get bigger; 3) Fintechs must use gamification to improve customer engagement. Since 2001, Mary Meeker, a Partner at venture capital… Read More

Facebook Expands Donations Based Crowdfunding

Facebook is ratcheting up the competition with JustGiving and GoFundMe with its own donations-based crowdfunding vertical. According to information posted on the Facebook press page, the social media platform is adding two new categories: Community and Sports. Now users in the US can raise money… Read More

DIFC Accepting Applicants for Fintech Hive Accelerator Program

The Dubai International Financial Centre (DIFC) has announced it is now accepting applications for its ‘FinTech Hive at DIFC’ accelerator program. The announcement comes after DIFC received registered interest from more than 200 companies since it opened its doors in January. The 12-week program is… Read More

Facebook Announces New Charitable & Personal Fundraising Feature (Video)

Social media giant Facebook announced on Thursday it is launching a new fundraising feature that will allow users to raise funds for six types of spending, which are education, medical, pet medical, crisis relief, personal emergency, and funeral and loss. The Facebook team revealed: “Personal fundraisers… Read More

Facebook Launches Marketplace in UK, US, Australia & New Zealand

Facebook has launched a new e-commerce feature labeled “Marketplace”. The new application will allow individuals and groups to buy and sell to anyone – around the world.  While initially available in just four countries; the US, UK, Australia & New Zealand, Marketplace is expected to… Read More

U.S. Judge Rules: Total Recall’s Lawsuit Against Oculus’ Palmer Luckey May Now Proceed

Last year, Hawaii-based company, Total Recall Technologies, filed a lawsuit against former employee and Oculus creator, Palmer Luckey, for breach of contract. Now, according to PCMag, U.S. District Judge William Alsup in San Francisco this week has rules that part of the lawsuit against Luckey, which… Read More

Virtuix Lists Reg A+ TTW Campaign on SeedInvest Open to All Investors as Oculus Preps for Commercial Release

With the Oculus Rift pre-orders commencing tomorrow (January 6th) the perfect compliment to the virtual reality headset, Virtuix, has listed a “Test the Waters” (TTW) campaign on SeedInvest in preparation for a min-IPO type offer which is open to all investors (not just accredited ones).  The… Read More

Updated: Seabin Pitch Video Has Been Viewed Over 30 Million Times on Facebook

I just saw this video pop up into my Facebook timeline.  The video is about Seabin a “trashcan for the ocean”.  Basically, the device floats at water level and vacuums up anything floating nearby. Think of it as a jumbo sized pool cleaner except it is targeting… Read More

Facebook Introduces New Fundraising Tool For Nonprofits

On Wednesday, social media giant Facebook unveiled its new feature, Fundraisers, that provides fundraising tools for nonprofits. Facebook’s VP of Product Management, Naomi Gleit, shared: “With more than 150 million people around the world connected to a cause, Facebook is a global community of volunteers, donors… Read More

Mobile Live Platform Hang w/ Seeks $2.5M During Crowdfunder Equity Round

  Mobile live video platform, Hang w/, has launched a funding round through equity crowdfunding platform, Crowdfunder.  The company is a startup whose investors and advisors reportedly include 50 Cent, Timbaland, Jared Leto and more. Hang w/ offers patent-pending technology, which is ready to scale… Read More

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