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Facebook Reportedly Building Cryptocurrency for WhatsApp Money Transfers

Facebook Reportedly Building Cryptocurrency for WhatsApp Money Transfers

Facebook Inc. (NASDAQ: FB) is reportedly working on making a cryptocurrency that will allow users to transfer money on its WhatsApp messaging platform, according to Bloomberg, citing sources familiar with the matter.The Company is developing a stabl..

Facebook to Fund Trainee Local Britain Newspaper

Facebook to Fund Trainee Local Britain Newspaper

Facebook (NASDAQ:FB)  is reportedly donating USD 5.8 Million to support communities that have lost local newspapers and reporters in order to train journalists in Britain.  The Company said on Monday it realizes that many readers often rel..

Fox Will Sell Sky Stake to Comcast for USD 15 Billion

Fox Will Sell Sky Stake to Comcast for USD 15 Billion

Twenty-First Century Fox Inc. (NASDAQ: FOXA) announced on Wednesday it will sell the remainder of its stake in U.K. based broadcaster Sky after being beat out by Comcast Corp. (NASDAQ: CMCSA) in a takeover bid.Comcast and Fox have been involved in a..

Facebook Will Now Fact Check Pictures and Videos

Facebook Will Now Fact Check Pictures and Videos

Facebook Inc. (NASDAQ: FB) will start fact-checking images and videos, the Company said Thursday, expanding its review efforts to posts that are traditionally harder to monitor."People share millions of photos and videos on Facebook every day. ..

Cisco to Buy Cyber-Security Company Duo for USD 2.35 Billion

Cisco to Buy Cyber-Security Company Duo for USD 2.35 Billion

Cisco Systems Inc. (NASDAQ: CSCO) said Thursday that it has agreed to buy Duo Security Inc. a cybersecurity startup based in Ann Arbor, Michigan, for USD 2.35 Billion in cash and stock.The deal is Cisco’s largest acquisition since its USD 3.7 ..

Momo Inc Beat on First-Quarter Earnings

Momo Inc Beat on First-Quarter Earnings

On Tuesday, Momo Inc. (NASDAQ: MOMO), which is a leading mobile social networking platform in China, announced its financial results for the first quarter of fiscal 2018.The company reported total net revenues of $435.1 million for the first quarter..