U.S. proposes barring Facebook and other big tech firms from offering financial services

Posted in Business, Online on 15th Jul, 2019
by Alex Muller

In a sign of widening scrutiny after Facebook’s proposed Libra digital coin aroused widespread objection, the bill proposes a fine of $1 million per day for violation of such rules.

Oculus VR’s cross-buy strategy main goal: Facebook platform lock-in

Posted in Business, Games, Software on 14th Apr, 2019
by Alex Muller

Customer lock-in is an economics idea that “makes a customer dependent on a vendor for products and services, unable to use another vendor without substantial switching costs.”

Oculus co-founder is leaving Facebook after cancellation of 'Rift 2' headset

Posted in Hardware on 23rd Oct, 2018
by Alex Muller

Iribe is leaving Facebook after the cancellation of the companys 'Rift 2' PC-powered virtual reality headset.

Facebook bans all cryptocurrency ads

Posted in Business on 31st Jan, 2018
by Alex Muller

Facebook has said it will block any advertising promoting cryptocurrency products and services.

Facebooks facial recognition now finds photos youre untagged in

Posted in Online on 19th Dec, 2017
by Alex Muller

The feature should give people confidence that there arent pics of them floating around Facebook that they could see but just dont know about.