Facebook is quietly setting the stage for an unprecedented new chapter in its business - Business Insider

simply click here to claim your deal and get access to all exclusive Business Insider PRIME content.An array of newly announced or planned products could help it grab a slice of a hugely lucrative industry and bring in tens of billions in revenues.

The $555 billion company's escalating efforts in the financial sphere highlight how the company is in the midst of an unprecedented push to diversify beyond its core lucrative advertising business.The company pulls in billions in profit every quarter off the strength of its advertising business, but Western markets are increasingly saturated, while emerging economies where Facebook is still growing monetize at lower rates.

Notwithstanding concerns from lawmakers about Libra's potential impact on US national sovereignty, doubling down into financial-related products gives Facebook a toehold in a space that is less politically sensitive than ads have proved to be over the past few years. The payments and ecommerce world has its own unique headaches, of course, and it's very unlikely that advertising will stop comprising a major part of Facebook's business in two, five, or even 10 years. But this diversification puts the company on a stronger and more stable footing as it navigates an unparalleled number of known and unknown challenges in the years ahead — from antitrust arguments to concerns about how it handles user data to content policy controversies and beyond.

After The Great Hack which hack is to follow?

...not being a platform for white supremicists and elitists?

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

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The eSports Ecosystem from Business Insider Intelligence - Business Insider[NEW REPORT] The eSports Ecosystem: BIIntelligence breaks down the key players and trends driving the red-hot esports space that's on track to surpass $1.5 billion by 2023 BIIntelligence Love this
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Facebook has released Instagram content moderation data for the first time - Business InsiderFacebook included Instagram data in its Transparency Report for the first time — but information on the removal of fake accounts was notably absent: Exactly ! It is high time to clean up the cesspool called Instagram and facebook !
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Insiders raise questions about SoftBank-backed farming startup Plenty - Business InsiderA futuristic farming startup raised $260 million from Jeff Bezos and SoftBank on the promise of upending agriculture. Insiders are raising questions.
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German work culture could cause trouble for Tesla's new Berlin factory - Business InsiderElon Musk just chose Berlin as the location for Tesla's newest factory. But the CEO might be wildly underestimating cultural differences between the US and Germany as Walmart, Amazon, and Chrysler have done before. Yes Elon reeeeaaaally struggles when dealing cross cultural boundaries, Luckily China is the 51st US state or GF3 wouldn’t have happened. 🙄 I’m sure he chose carefully and I think he knows what he’s doing, you just like to look for trash,I guess clickbait? Shame
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