News+

Now we know how Facebook plans to make money off of Libra

Quick Take

  • Facebook CEO Mark Zuckerberg talked about Libra this week
  • When questioned about how Libra can make Facebook money, he talked ads
  • Is it surprising? No, but it’s very revealing
Facebook CEO Mark Zuckerberg dished on how the social media could make money from Libra, focusing on its impact on ad revenue.

Subscribe to The Block News+ to
Unlock this Feature

Questions?

If you want to know more about what you get with a Membership, or you need help convincing your manager, we got you covered. You can find the details and learn more about the benefits by clicking the link below.

Trending Stories

Digital asset economy fuels instant settlements innovation

Today the always-on demands of online markets have to be matched with the ability to access opportunities instantly and with no limits. Historically correspondent banks would move large sums of money for those needing to transfer funds while creating bottlenecks of unnecessary friction.
Read Full Story
Sponsored Post

Layer-2 Scaling Solutions: A Framework for Comparison - Commissioned by Polygon

Ethereum had a breakout year in 2021. It’s native asset, ETH’s, market capitalization surpassed $500 billion for the first time. Its network facilitated upwards of $7 trillion value transfer. Non-fungible tokens (NFTs) emerged as another “killer application” that have put its technology on the global stage and caught the attention of the masses.
Read Full Story
May 5, 2022, 3:17PM UTC
More