Markethive News

Cred App Allows "Micro-Investing" in Cryptocurrencies Cred is launching a mobile app that allows people to invest small amounts of money in cryptocurrencies. The iOS and Android app is aimed at solving problems around access and transparency associated with buying cryptocurrencies. Santa Monica, California-based Cred said it has created a “micro-investing” platform to ease access to […]

Facebook Uncovers Political Influence Campaign Ahead of Midterms. San Francisco (AFP) – Facebook said Tuesday it shut down more than 30 fake pages and accounts involved in what appeared to be a "coordinated" effort to stoke hot-button social issues ahead of November midterm US elections, but cannot identify the source despite hints Russia was involved. […]

Markethive + Social Network = Market Network Markethive is what is now being identified as a Market Network, evolving from the aging Social Network platforms. In the example below, THE FUTURE is shown as SOCIAL BUSINESS. This equals what we are referring to as a MARKET NETWORK, where the social media platforms have evolved and are […]

First Suit Over Facebook's Stock Plunge Is Filed in Manhattan Federal Court The first shareholder suit was filed Friday against Facebook in the Southern District of New York over the erasure of $100 billion in value just one day after the social media giant's stock plunged. The 24-page complaint was filed by Pierce Bainbridge Beck Price & Hecht […]

Coinbase launches gift cards so you can spend your cryptocurrency at the mall. Coinbase partners with WeGift to offer customers crypto funded digital gift cards.  Coinbase is putting a new spin on the cryptocurrency wallet and turning it into a gift card – well, sort of. The popular exchange desk has partnered with digital gift card provider WeGift […]

Twitter is locking accounts posing as Elon Musk in an effort to fight cryptocurrency scams.   Twitter will now automatically lock any non-verified account which changes its display name to Elon Musk. This is an effort to combat a recent proliferation of cryptocurrency scam-bots, which target the replies under Musk's tweets. Any user who can […]

Tech Reckoning: Tech stocks had never been higher. Then Facebook reported earnings. Thursday's going to be ugly. Facebook's (FB) stock tumbled as much as 24% in after-hours trading Wednesday, after its chief financial officer warned that its sales growth would slow. Concerned that the problems facing Facebook aren't unique, investors sold off the whole tech sector Wednesday evening. […]

Facebook Lost One Million Monthly Active Users To GDPR. GDPR had real consequences for Facebook, if only slightly. The European Union's General Data Protection Regulation had a tangible impact on Facebook's user base — if only just. While discussing its second quarter earnings, the social network revealed that it lost about 1 million monthly active users […]

What happened on Facebook's nightmare conference call that wiped out nearly $150B in market value in 90 minutes? Facebook's stock dropped by a whopping 24% after it announced its second-quarter financial results on Wednesday.   The plunge came after Facebook executives said the company expected a significant slowdown in its revenue growth in the years […]