Meta Joins Microsoft, Amazon in Dismissing Bitcoin Treasury Despite Investor Push

Meta firmly rejected a bold shareholder push to adopt bitcoin as a treasury asset, signaling strong resistance to crypto integration despite mounting institutional interest and rising bitcoin momentum. Meta Rejects Bitcoin Treasury Proposal Amid Strong Shareholder Opposition Meta Platforms Inc. declined a shareholder-backed initiative to explore adding bitcoin to its corporate treasury during its annual … Read more

Meta Reportedly Exploring Stablecoins for Small-Payment Use Case

Meta is contacting infrastructure providers to explore the implementation of stablecoins with a payout use case in mind. The development would mark a new start for the company’s crypto plans after dropping the Libra project. Meta Reportedly Mulling Stablecoins for Small Payouts to Creators Meta, the social behemoth, is reportedly getting into the world of … Read more

Facebook Wins Reprieve as Court Restrains Nigerian Regulator’s $38.55 Million Demand

The Federal High Court in Lagos has granted an interim order restraining the Advertising Regulatory Council of Nigeria (ARCON) from demanding $38.55 million (NGN60 billion) from Facebook Nigeria Operations Limited for an alleged violation. Justice Yellim Bogoro made the order on Dec. 12, 2024, following a motion ex parte filed by Facebook. Facebook sought two … Read more

Why Rumble Matters

In a world where big tech giants control the flow of information, Bitcoin.com CEO Corbin Fraser believes upstarts like Rumble are returning power back to users, such as the ability to share unfiltered ideas and perspectives. New Platforms Are Emerging to Resist Big Tech’s Censorship While legacy media bemoans X as a failing cesspool of … Read more