Category: Facebook

Facebook’s cryptocurrency finds backing from PayPal and Uber

[ad_1] According to previous reports, Libra was designed to be a stablecoin tied to the US dollar, making it immune to the volatility other cryptocurrencies experience. The social network is allegedly so serious about the project, it held talks with the Winklevoss twins about using the cryptocurrency exchange they founded. In the future, Facebook users […]

Oculus blocks SteamVR streaming on Quest

[ad_1] “I’m sorry to announce this but Oculus doesn’t want the SteamVR streaming feature in their store,” he wrote on Reddit. Godin said that he’s been developing virtual reality tech for more than five years now and saw an opportunity with his app to give people more access to the games on their PC. According […]

Tariffs are forcing Big Tech to move production out of China

[ad_1] Last month, the US increased import tariffs on certain Chinese goods from 10 percent to 25 percent. If the tariff hike goes through, items like motherboards, smartphones, video game consoles and computers could be subject to the 25 percent tax. At that rate, Nintendo might be forced to sell its consoles at a loss […]

Facebook will launch new Portal models this fall

[ad_1] Facebook has apparently been busy designing new variants of its Portal video chatting devices. According to the company’s Vice President of AR/VR, Andrew “Boz” Bosworth, Facebook plans to unveil new Portal models this fall. Bosworth has made the announcement on stage at the Code Conference in Phoenix, where he told the audience that the […]

Ecuadorian President blocks extradition of alleged Facebook fraudster

[ad_1] Paul Ceglia, a wood pellet salesman from Wellsville, is accused of creating a fake contract in 2010 saying Zuckerberg had agreed to give him half of Facebook while he was a student at Harvard. Ceglia was subsequently charged with mail and wire fraud in 2012. However, months before the start of his trial in […]

G20 countries agree to close tax loopholes for tech companies

[ad_1] A final report on the plans would be available by 2020, according to the draft. The challenge, as you might imagine, would be obtaining a consensus from a large group includes countries like China, India and South Africa in addition to G8 mainstays like the US, UK and Russia. The US in particular has […]

Facebook reportedly prohibits Huawei from pre-installing its apps

[ad_1] Reuters’ report says you’ll still be able to use the social network’s applications on a Huawei device you’re already using. You’ll also be able to download Facebook’s apps from the Play Store on a new device, but only whenever possible. See, Google also pulled Huawei’s Android support a few weeks ago. The Play Store […]

Facebook’s cryptocurrency may debut this month

[ad_1] And in case you’re wondering: yes, Facebook would be fully aware of the public’s possible reluctance to trust Facebook with their finances. While the blockchain would supposedly be “far more centralized” than the likes of bitcoin with 100 or fewer nodes in its payment network, the company would tap outside firms to help run […]