When Facebook announced plans to launch its new digital currency Libra, it was met with fear…Especially in China.
When questioned on Facebook's Libra at a press conference, the founder and CEO of Huawei hit back saying,
“China can also issue such a [crypto]currency by itself. Why wait for others to issue it? The power of a country is always stronger than an Internet company.”
The ... ››› more
Go back ten or 15 years ago and the idea of social media seemed foreign to most. But fast forward to the present day and social media is a vital part of so many people's lives.
Facebook is the most popular example of this.
So has the opportunity for gains in Facebook passed or is there still time to make money from the rise of this social media stock?
Let's take a closer look…
Fac... ››› more
Facebook just paid a colossal $19 billion for the smartphone-messaging application company WhatsApp.
Some people say this move is a threat to the big mobile players of Vodacom, MTN and the like.
That's because straight after the purchase, WhatsApp said it will add voice calls to its product within the next four months. This means there's a danger that WhatsApp's improved application will st... ››› more
Yesterday, social networking giant Facebook announced it's acquiring messaging service WhatsApp for $19 billion. The cash and stock deal sees Facebook trying to ensure its market share across different users. Let's take a closer look at what the deal means for Facebook…
Facebook surprised the market yesterday with “an eye popping cash and stock deal worth up to $19 billion” for WhatsApp, r... ››› more
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