After forming an internal team dedicated to blockchain technologies, Facebook is reportedly jumping into cryptocurrency with both feet. Speaking with anonymous sources close to Facebook, Cheddar claims the social media giant is considering the release of its own virtual token for electronic payments.
“They are very serious about it,” an anonymous source told Cheddar.
This news comes just days after Facebook’s internal blockchain team went public. Headed up by Messenger chief David Marcus, the new team will be exploring how blockchain technologies could be used to improve Facebook.
“Like many other companies Facebook is exploring ways to leverage the power of blockchain technology,” a Facebook spokesperson told Cheddar. “This new small team will be exploring many different applications. We don’t have anything further to share.”
It’s important to point out that Marcus is a cryptocurrency evangelist, as evidenced by his early investments in Bitcoin. He also recently joined the board of Coinbase, a popular cryptocurrency exchange. When asked if Facebook would be integrating cryptocurrency into its apps anytime soon, Marcus mentioned that he thinks cryptocurrencies have ample room to improve their effectiveness.
“Payments using crypto right now is just very expensive, super slow, so the various communities running the different blockchains and the different assets need to fix all the issues, and then when we get there someday, maybe we’ll do something,” Marcus said in an interview with CNBC.
Let’s put all this in context. This is big news if it turns out that Facebook is serious about potentially developing its own cryptocurrency. A “Facebook Coin” would have the potential to become the premier cryptocurrency, with Facebook’s massive number of daily active users. Creating and controlling a universal currency could put Facebook into a unique position going forward.
Already under congressional scrutiny for its privacy missteps, the development of its own cryptocurrency to rival Bitcoin, Ethereum, and even the U.S. dollar could attract the watchful eye of federal regulators.
Not to mention, if Facebook does in fact intend to develop its own cryptocurrency, it also casts the recent expulsion of all cryptocurrency-related advertisements from the platform in a particularly nefarious light.
Two new highly requested iCloud plugins just got added to ChatGPT, giving people who rely on Apple’s Mail and Calendar services a way to search emails, check appointments, and manage their schedules directly through the chatbot.
The integration is rolling out to all ChatGPT plans, including the free tier. You can access it on the web, desktop, and iOS.
After spending years with touchscreen Windows laptops, I've become rather accustomed to reaching out and tapping the screen if I just want to interact with something quickly. It's a small convenience, one that feels natural as soon as you get used to it. But whenever I use a MacBook for a bit, I inevitably find myself reaching for the screen before realizing that Apple has never offered this feature for its notebooks.
Apple has resisted touchscreen Macs for years, but that might finally change. The company is reportedly preparing to introduce its first touchscreen MacBook Pro, complete with an OLED display and a redesigned interface that accommodates touch input. Not to be confused with the new $2,000 M6 MacBook Pro, which just launched with minimal updates over its predecessor.
Acer’s Predator Atlas 8 finally has a US release date and price, several months after the company first showed off the handheld in May. The highlight is the Intel Arc G3 Extreme chip inside, which has been adopted by only a couple of other consoles besides the Atlas 8. This version will go on sale exclusively at Best Buy on November 1 for $1,299.99.
Acer originally said the Atlas 8 would arrive in North America in October, but left pricing open at the time. The launch came amid the ongoing DRAM crunch, which has made memory more expensive across the PC industry and complicated pricing for hardware makers.