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Internet Disruptors of 2010s Are Today’s New Establishments

(Bloomberg Opinion) --Internet-enabled industry disruption defined business strategy in the 2010s, but as 2020 begins, that era appears to be winding down. The disruptors...
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World’s Richest Gain $1.2 Trillion in 2019 as Amazon’s Jeff Bezos Retains Crown

(Bloomberg) --The leveraging of a giant social-media presence, a catchy tune about a family of sharks and a burgeoning collection of junkyards are just...
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Facebook Acquired a Startup to Build a Live Shopping Feature

(Bloomberg) --Facebook Inc. acquired a small video-shopping startup earlier this year to help build a live shopping feature inside the company’s Marketplace product, according...
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Facebook acquires studio behind popular VR game Beat Saber

(Bloomberg) --Facebook Inc. is acquiring the studio behind Beat Saber, a popular virtual-reality game that mixes music, lightsabers and dancing into one experience, for...
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Twitter CEO Dorsey bans political ads in swipe at Facebook

(Bloomberg) --Twitter Inc. Chief Executive Officer Jack Dorsey tweeted Wednesday that the site will ban all political ads, delivering a jab to Facebook Inc.,...
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Facebook Considers Hiding ‘Likes’ on Users’ Posts

(Bloomberg) -- Facebook is considering a test to stop showing the number of “likes” that posts get in an effort to reduce the competitive...
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Facebook ads; Facebook malware andriod app

Facebook Sues Asian Developers Over Malware on Android Apps

(Bloomberg) -- Facebook sued two Asia-based developers for allegedly planting malware on Android apps that robotically clicked on ads to inflate revenue. Through a practice known...
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Facebook to Put Its Name on Instagram, WhatsApp Brands

(Bloomberg) -- Facebook plans to attach its name to Instagram and WhatsApp, branding them “Instagram from Facebook” and “WhatsApp from Facebook.” The move is controversial because...
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libra; digital token; payments; transfers; send cash

Is Facebook Libra Better Than Bitcoin?

(Bloomberg Opinion) -- Facebook on Tuesday launched its ambitious new cryptocurrency - Facebook Libra - which targets 2.6 billion users and is backed by up...
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facebook founder mark zuckerberg

Facebook headed for a breakup?

(Bloomberg) -- Chris Hughes, who co-founded Facebook Inc. with Mark Zuckerberg from their Harvard dorm room, said the company has become too powerful and...
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