IBM Is Willing to Work with Facebook on Blockchain

IBM is willing to team up with Facebook to develop blockchain technology, an IBM executive said, explaining that developing the blockchain ecosystem is “a team sport.” “Our clients are ready to work with (Facebook) and we’re ready to work with all of them to bring it together,” Jason Kelley, IBM’s blockchain general manager, said in…

How to Make an Ecommerce Career Work for You

If you’re ready for a career change and have ever thought about opening your own business, now may be the perfect time to do so. Ecommerce has experienced substantial growth over the last four years and is expected to nearly double by 2021. While sites such as Amazon, Wayfair, and Zulily dominate the market, small…

Facebook Sets Up Libra Networks in Switzerland

Facebook has reportedly set up a fintech company dubbed Libra Networks in Switzerland. The move clearly correlates with the social media giant’s Project Libra. According to Reuters, the focus of the fintech is on the blockchain, payments, data analytics, and investing. Libra Networks, which was registered in Geneva on May 2, will provide financial and…

Facebook Seeking $1 Billion in Funding for Crypto Project

Social media giant Facebook is said to be seeking to raise as much as a billion dollars in outside funding for its cryptocurrency project. Nathaniel Popper, a technology reporter at The New York Times, tweeted Monday that sources have said Facebook is targeting “big sums – as much as $1b” from venture capitalists to support…

Blockchain Is Making Waves In Media And Entertainment

Last January I wrote about how blockchain could make waves in media and entertainment in 2018. Here is an update, based on my own research, participation in conferences, and research by others. It is timely as last week we saw cryptocurrency bitcoin, the most popular application of blockchain technology, stumble below the $4,000 price floor…

Social Media is the Cancer of Our Times – LA Times Owner

Billionaire Patrick Soon-Shiong on Wednesday advocated for a change in how people consume news on social media, calling the platforms the “cancer of our time.” “The short attention span we’re creating in this millennium is actually very dangerous,” said Soon-Shiong, the new owner of the Los Angeles Times. “It’s the unintended consequences of social media.”…

The Disappearing Growth of Snapchat

On the second floor of the new headquarters of Snap Inc. in Santa Monica, Calif., is a room dedicated to helping employees open up. It’s round and lined with potted plants. “Speak from the heart,” reads a framed sign on the wall. “Listen from the heart.” Employees show up in groups of about a dozen,…

How TripAdvisor changed travel

Should one be so unlucky as to find oneself, as I did, lying awake in bed in the early hours of the morning in a hostel in La Paz, Bolivia, listening anxiously to the sound of someone trying to force their way into one’s room, one could do worse than to throw a chair under…

The major social media platforms are showing a significant slowdown in users

As of Tuesday, the three biggest public social media companies have reported earnings for the latest quarter, and all three reported slowing or declining users on their respective platforms. Snap reported a drop in daily active users on a quarter-over-quarter basis for the second quarter. Facebook reported a drop in monthly users on a quarter-over-quarter…