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5.28597103287393E-05 -0.000206152870282354 -0.00111005391690458 -0.00158579130986368 -0.00458610846812565 0 0.00116291362723332 0
Stock impact report

UPDATE 3-Facebook reveals Libra cryptocurrency, with lofty goals [Reuters (UK)]

Meta Platforms, Inc. - Class A (FB) 
Last meta platforms, inc. - class a earnings: 4/29 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.fb.com/home/default.aspx
Company Research Source: Reuters
Facebook reveals Libra cryptocurrency, with lofty goals - Reuters 7 Min Read SAN FRANCISCO/NEW YORK (Reuters) - Facebook Inc plans to launch a cryptocurrency called Libra next year as part of its wider efforts to expand beyond social networking into e-commerce and global payments. Facebook said it has linked with 28 partners to form Libra Association, a Geneva-based entity governing its new digital coin, which it will launch in the first half of 2020, marketing materials and interviews with executives show. Facebook also created Calibra, a subsidiary which will offer digital wallets connected to messaging platforms Messenger and WhatsApp to save, send and spend Libras, which will be backed by government-backed assets. The Menlo Park, California-based company has big aspirations for Libra, but consumer privacy concerns or regulatory barriers may present significant hurdles. Facebook hopes it will not only power transactions between established consumers and businesses globally, but off Show less Read more
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