Google Said to Oppose Facebook-Backed Proposal for Self-Regulatory Body in India
Google has grave reservations about developing a self-regulatory body for the social media sector in India to hear user complaints, though the proposal has…
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Facebook-Backed Crypto Project Diem Sold After Pushback
The Facebook-backed digital currency project Diem announced Monday the winding down and $182-million (roughly Rs. 1,360 crore) sale of its technology,…
Facebook-backed Diem Association confirms it’s ‘winding down’
Diem, the ambitious crypto project funded by Facebook has collapsed. The Diem Association that it’s selling its assets to Silvergate, the bank that had…
Facebook-backed Diem Association may be close to dissolving
It’s looking more and more likely that Diem, Meta’s ill-fated cryptocurrency previously known as Libra, will never actually materialize. The Diem Association…
Facebook-Backed Group Launches Misinformation Adjudication Panel in Australia
A tech body backed by the Australian units of Facebook, Google, and Twitter said on Monday it has set up an industry panel to adjudicate complaints over…
Facebook-Backed Indian Social Commerce Platform Meesho Raises $570Million
Meesho, an Indian "social commerce" platform backed by Facebook and SoftBank Group, said on Thursday it had raised $570 million (roughly Rs. 4,230 crores) …