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[New] Libra, the digital coin, due to debut in 2020, will integrate with Facebook services and will provide the asset required for e-commerce transactions on its platform and beyond.
[New] Early in the year 2018, Facebook issued a ban on cryptocurrency ads on its platform due to the fear of users being scammed.
Facebook is planning to launch Libra next year, with some suggesting it could strengthen the US dollar's dominance and sabotage China's ambition for the yuan.
Amazon is expected to control about 63% of the smart speaker market this year while Google is expected to capture 31%.
Global regulators will question Facebook on Monday about its Libra cryptocurrency, amid concerns from European Union governments over the threat the digital currency poses to financial stability.
There will be 2.94 billion monthly social network users globally in 2019: There will be 2.94 billion monthly social network users globally in 2019: Facebook is still in the lead by a long shot, but Instagram will gain the most users this year, with its user base growing by 11.4%.
By 2021, Google (including YouTube), Facebook (including Instagram), Twitter and Snapchat will rake in almost £12bn in digital ad revenues in the UK, equal to 70% of the total digital market..
The global use of social media is high, with the number of monthly active social-media users expected to surpass 3 billion by 2021.
Given where Apple strategically is focused, a move into crypto could make sense given its sights on further monetizing its consumers over the coming years.
A Microsoft-owned social network that works to create opportunities to make connections, find jobs, and advance the careers of its users, LinkedIn is finding itself battling similar obstacles that Facebook, Twitter, and other social media platforms have been recently faced with.
The total number of Facebook users will drop this year for the first time by 0.2% to 28.0 million people.
Transactions using the digital currency will be made available on a standalone Libra app as well as over WhatsApp and Facebook Messenger platforms by as early as 2020.
All companies that reap in more than $50m in gross annual income, have more than a million consumers, and collect personal information on their users will have to submit detailed risk assessments to the FTC.
The high level of Instagram user engagement gives companies an opportunity to capitalize on users with thousands of followers, aptly dubbed influencers, through paid advertising partnerships.
After JPMorgan has launched JPM Coin, the crypto community expects similar steps from Facebook, Amazon and other major global corporations.
the market for 5G services is currently worth more than $21.5 billion: The next few years will be challenging with modest growth levels, as Facebook and Google continue to increase their share of the video market.
In the U.S., it's predicted that digital ads will overtake spend on traditional marketing sometime this year, and the state of affairs in the U.K. is not far behind.
Data privacy regulation will be the biggest threat to the likes of Google, Amazon, Facebook and Apple over the next few years.
The announcement that Facebook has begun a perhaps inevitable creep into the market for digital payments has sparked alarm from businesses and governments, with many voicing concerns that it could exploit dominance in the social media space to disrupt the global financial market.
WhatsApp will introduce ads in 2020 - when Facebook plans to launch Libra, a digital currency.
Banks and financial services organizations everywhere are well aware that within the next 5 years, most people could be doing all their banking through Amazon, Google, and PayPal - and perhaps even Facebook.
A 2% tax on revenue from search engines, social media platforms and online marketplaces will be levied against technology firms that make more than £500m a year globally.
If libra successfully gets off the ground and in wide use, people could presumably use it to shop right on Instagram, or make purchases from ads.

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Last updated: 13 October 2019