FacebookBacked

The Facebook-backed digital currency project Diem announced Monday the winding down and $182-million (roughly Rs. 1,360 crore) sale of its technology, capping a years-long initiative that…

A tech body backed by the Australian units of Facebook, Google, and Twitter said on Monday it has set up an industry panel to adjudicate complaints over misinformation, a day after the…

Meesho, an Indian "social commerce" platform backed by Facebook and SoftBank Group, said on Thursday it had raised $570 million (roughly Rs. 4,230 crores) in a funding round led by Fidelity…