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Facebook Tests ‘Suggested Moderator’; Google Launches Yet Another Social Networking App

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With Q2 2019 now behind us, it’s time to analyze what worked, what didn’t and look ahead to new trends in the world of social media.

Meet Facebook's Libra, a digital currency for the social network

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. Facebook has unveiled an ambitious plan for its own digital currency similar to bitcoin, called Libra.
. It's partnering with several other heavyweights, such as Visa, Mastercard, Uber, PayPal and Spotify.
. Libra is scheduled to launch within the next six to 12 months.
. Many privacy questions remain unanswered, though, adding to the regulatory concerns Facebook already faces.

Facebook already rules daily communication for more than 2 billion people around the world. Now it wants its own currency, too.

Facebook to charge $10M per license to manage its cryptocurrency network

Companies wanting to help manage one of the 100 nodes on Facebook's cryptocurrency network will reportedly be charged a hefty fee.

Facebook is reportedly planning to charge companies $10 million each to operate the nodes on its future cryptocurrency network.

The social network could be launching its own Facebook cryptocurrency as early as 2020.

An independent foundation would manage the network behind the payments. Facebook is aiming to launch the network with 100 nodes, according to a Wednesday report in The Information (via The Block).

US to demand five years of your social media, email account info in visa application

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The data demand will apply to tourists and potential immigrants.

The US State Department will now require new visitors to the United States to hand over their social media account names as well as email addresses and phone numbers used over the past five years.

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