Search online for the words “Facebook scams” and your search engine will immediately deliver myriad news stories warning consumers to be vigilant when scrolling through the site. One recent story specifically identifies Facebook Marketplace as an especially popular place for scammers to hang out. So popular,...
In a digital commerce ecosystem, two parties that have never met before must agree to transactions or assignments, deliver and receive products and, perhaps most importantly, ensure payments occur as quickly as possible. All of the steps in digital transactions require trust, which can be...
Facebook has acquired GrokStyle, the maker of image-matching technology, to beef up its work in the field. Bloomberg reported Facebook spokeswoman Vanessa Chan confirmed the acquisition, saying the social media giant is excited to bring in GrokStyle. “Their team and technology will contribute to our...
Welcome to Five at Five, your late look at payments and commerce news you might have missed. Today’s stories focus on Facebook’s enhanced Marketplace and the latest on faster payments in Europe. Additionally, Yelp renews its antitrust complaint against Google, augmented reality might appeal to...
November 14, 2024
Meta said Thursday (Nov. 14) that it will appeal the European Commission’s (EC) decision in a case alleging practices involving Facebook and Facebook Marketplace that cause competitive harm. The EC announced Wednesday (Nov. 13) that it fined Meta 797.72 million euros (about $842 million), saying the company violated European Union (EU) antitrust rules by tying Facebook Marketplace to Facebook. […]
February 10, 2019
Facebook has acquired GrokStyle, the maker of image-matching technology, to beef up its work in the field. Bloomberg reported Facebook spokeswoman Vanessa Chan confirmed the acquisition, saying the social media...
May 23, 2018
Starting now, thousands of home services professionals will be available via Facebook. The social media site’s Marketplace platform is rolling out a new feature designed to make it easier for...
August 16, 2017
Facebook has launched a new feature within the Marketplace section on its mobile app, and a selection of eBay’s Daily Deals are now available to select users through the Facebook...
