Facebook Rebrands Libra-Wallet Calibra To Novi

Facebook has announced on Tuesday a name change of its Calibra wallet subsidiary to Novi. In a blog post the company said that the new name was inspired by the Latin words “novus” and “via,” which mean “new”...

Singapore’s Temasek Joins Libra Association

One of Singapore’s government-owned investment vehicles, Temasek is among the latest companies to join the Libra Association.The addition may help explain why the Singapore dollar has figured prominently in L...

Facebook Launches Livestream Gaming App

Facebook has launched a standalone gaming app, which allow users to create and watch livestreams of games. The new app will enable users to watch e-sports or game competitions as well as participate in games ...

Chief Product Officer, Simon Morris Leaves Libra

In less than a week, the Facebook-led Libra Association has lost the support of PayPal, while Visa, Mastercard, and Stripe are also rethinking their participation amid more scrutiny from US regulators. And ...

PayPal, Visa & Others Considering Withdrawal From Libra

After PayPal representatives didn’t show at a Libra Association meeting on Thursday, the Financial Times reported that the company is reconsidering its involvement with Facebook’s Libra project. The payment ...

Libra Not Threat To Fiat, Says Libra Exec

Another Facebook executive has said that the company’s Libra cryptocurrency is not intended to threaten existing fiat currencies. Speaking at an event in Geneva on Friday, Bertrand Perez, a managing direct...