Two recent rulings have come out of Europe that have one Tech giant (Google) happy and another (Facebook) with potentially a lot of extra work to do to comply with European law. Facebook has now been told that EU courts can now force them to remove ‘illegal comments’ worldwide. The Next Web wrote: “EU law does not preclude a host provider like Facebook from being ordered to remove … [Read more...]
Can Facebook prevent it’s financial partners from abandoning Libra?
Since Facebook announced it's plans for Libra in June, many domain investors climbed on board the Libra domain name train. With a lot of excitement for both Facebook Libra and domain registrations, optimism was high. That optimism might need to be tempered a bit, an article in the Wall Street Journal speaks of financial partners like Visa Inc., Mastercard Inc., and others are having second … [Read more...]
Support for Facebook’s Libra is beginning to wane
The Next Web published a piece about some of the early backers of Libra looking to back away and maybe back out completely. The story written by Yessi Bello Perez takes a look at a recent report from FT.com (you need to subscribe to read it). It looks like the backlash from regulators is prompting some companies to think about it changing course. From the article: Now, the FT it’s spoken … [Read more...]
“Scammers flock to buy Libra domains”
Right after the Facebook announcement of Libra, I wrote an article about 1,000 Libra related names being registered almost immediately. The threat intelligence outfit Digital Shadows reported on all the registrations and that the company has already found several sites deliberately trying to trick consumers into thinking they are related to the new Facebook project. According to an article … [Read more...]
Close to 1,000 Libra related names registered in last 7 days
So there is a lot of discussion everywhere about Libra, Tech Crunch wrote an all you need to know, including the following: Facebook has finally revealed the details of its cryptocurrency, Libra, which will let you buy things or send money to people with nearly zero fees. You’ll pseudonymously buy or cash out your Libra online or at local exchange points like grocery stores, and spend … [Read more...]
FBcoin.com closes at $10,000, Facebook getting into crypto?
FBcoin.com closed at $10,000 on DropCatch on Thursday. There has been speculation that Facebook might get into crypto and have their own coin. The New York Times wrote an article last month titled, "Facebook and Telegram Are Hoping to Succeed Where Bitcoin Failed" From the article: The most anticipated but secretive project is underway at Facebook. The company is working on a coin that … [Read more...]
Facebook launches gaming portal on FB.GG
Facebook launched their gaming creator portal on a .GG domain. The country code for Guernsey has become popular for esports. Facebook is using the domain name FB.GG. Some background: Wikipedia info .gg is the country code top-level domain for the crown dependency of Guernsey, including the islands of Guernsey, Alderney, Sark, Herm, Jethou and Lihou (plus several uninhabited islands and … [Read more...]