Is it Libra or is it Diem, is it Facebook or is it Meta? Hard to keep up with all the name and brand changes, but whatever way you look at it, the news just in about the sale to a US based VC called Silvergate for $200m represents a significant fail. To try and…
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The Press Release headline says: CME Group Signs 10-Year Partnership with Google Cloud to Transform Global Derivatives Markets Through Cloud Adoption The sub headline says: Google also makes $1B equity investment in CME Group CME is a behemoth in derivatives, ranked 10 by market cap in Fintech50Index, but legacy finance does not have a good…
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It is easy to place your bets as all three companies are publicly traded. Square is part of the Fintech 50 Index. Facebook and Twitter are big media businesses. Bias disclosure. While I have no commercial stake at time of writing I do have two biases. 1. Daily Fintech is a media business writing about…
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The Portal line has always been a kind of odd duck in the world of smart screens. Facebook’s most significant contribution to the category is almost certainly Smart Camera, which uses AI to track a subject and pan and zoom accordingly to keep them in frame. It was the first big line to bring the…
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Square (SQ) is ranked 7 in the Fintech 50 Index of publicly traded Fintech stocks and describes itself as “tools to empower businesses and individuals to participate in the economy. Sellers use Square to reach buyers online and in-person, manage their business, and access financing. And individuals use Cash App to spend, send, store, and…
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A new report from Pew Research finds that around a third of U.S. adults continue to get their news regularly from Facebook, though the exact percentage has slipped from 36% in 2020 to 31% in 2021. This drop reflects an overall slight decline in the number of Americans who say they get their news from…
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227MW solar farm completed in Alabama to support Facebook data center Home News 227MW solar farm completed in Alabama to support Facebook data center No posts to display
Our 10 Takeaways from the Facebook Libra announcement in June 2019 still seems about right. Over two years later and all we have is a name change from Libra to Diem. The message is still “it is happening” but patience is being strained. In the meantime both Square & Twitter are making some big moves.…
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Hello friends, and welcome back to Week in Review. Last week, we dove into the truly bizarre machinations of the NFT market. This week, we’re talking about something that’s a little bit more impactful on the current state of the web — Apple’s NeuralHash kerfuffle. If you’re reading this on the TechCrunch site, you can…
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The UK government has named the person it wants to take over as its chief data protection watchdog, with sitting commissioner Elizabeth Denham overdue to vacate the post: The Department of Digital, Culture, Media and Sport (DCMS) today said its preferred replacement is New Zealand’s privacy commissioner, John Edwards. Edwards, who has a legal background,…
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