Social media group seeks alternative revenue streams as popularity of its main products falls
Social media giant admits defeat in digital payments
Net Results: Rebrand flop a sign social media giant needs to face up to problems after another turbulent year
Payments push centres on digital wallet used to move money around the world
Facebook was blindsided this month when seven high-profile partner companies, including eBay, PayPal, Visa and Mastercard, stepped back from its Libra project
Numerous parters including PayPal, Visa and Stripe have already quit the project
International scrutiny has made social network’s cryptocurrency a contentious project
Hearing is examination of Facebook’s broad impact on the financial services and housing industries
ECB’s board member Benoit Coeure warns of serious risks posed by ‘stablecoins’
Some early supporters of cryptocurrency consider cutting ties amid regulatory scrutiny
Social media giant ‘delusional’ if it believes people will trust it with money, senator says
Libra is a digital coin backed by hard assets and supported by 27 other partners, including Visa, Mastercard, PayPal, Uber and Spotify
Currency called libra will allow people to move money from their smartphones
Tech company will recruit up to 100 people across London and Dublin
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