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Facebook Inc
Cryptocurrency
Guardians of money bristle at Zuckerberg’s new financial order
(June 24): Facebook Inc was hours away from the formal announcement of its ambitious foray into financial services, but French Finance Minister Bruno Le Maire was already broadcasting his discontent.
June 24, 2019
Cryptocurrency
Facebook reveals Libra cryptocurrency, with lofty goals
SAN FRANCISCO/NEW YORK (June 18): Facebook Inc revealed plans on Tuesday to launch a cryptocurrency called Libra, the latest development in its effort to expand beyond social networking and move into e-commerce and global payments.
June 18, 2019
Sector Focus
Big tech is armed, waiting to repel US antitrust onslaught
(June 10): Investors were caught off guard by the sudden US assault on technology giants last week, but behind the scenes, the industry’s biggest companies have been preparing for this moment of reckoning for months.
June 07, 2019
Investing strategies
Tech companies, network effect, universal apps: Where the future and the past are different, yet similar
SINGAPORE (Apr 29): A significant portion of the value we have seen created in technology has been credited to the network effect (or positive feedback loop) associated with digital platforms. Think Facebook, Apple, Amazon.com, Google (owned by Alphabet),
April 29, 2019
Tech
Tech's US$900 bil rout is price of earnings becoming ordinary
(Oct 11): Investors enamoured of tech stocks that suddenly seem only to fall are searching for answers. The simplest may be that the group just isn’t that special anymore.
October 11, 2018
Tech
Sembcorp signs 20-year deal to supply solar power to Facebook Singapore’s ops
SINGAPORE (Sept 18): Sembcorp Industries has signed a long-term solar energy deal with US social media giant Facebook.
September 18, 2018
Startups, Entrepreneurs, Digital economy
Facebook co-founder says social networks to face more regulation
(Sept 6): Eduardo Saverin, co-founder of Facebook Inc., said social networks are heading for more regulation and change, as political pressures mount and users fragment into specialised interests.
September 07, 2018
Tech
Facebook suspends 400 apps in developer data investigation
(Aug 23): Facebook Inc. said it has investigated thousands of apps and suspended 400 of them since a developer data leak scandal broke in March.
August 23, 2018
Tech
Under fire for data breach, Facebook now wants you to swipe right on its new dating feature
(May 2): Facebook Inc. Chief Executive Officer Mark Zuckerberg said the company is rolling out a new dating feature, sending shares in dating app company Match Group Inc. and its largest owner IAC/InterActiveCorp. plunging.
May 02, 2018