Apple won’t collect fees on paid Facebook events until 2021

Last month, Facebook and Apple clashed over App Store fees. Now, Apple seems to be easing up slightly. Businesses that host paid online events through Facebook on iOS will be able to keep all of their earnings (minus taxes), Facebook announced today....

Tech companies won’t become banks, but they’ll pretend to

Silicon Valley has already eaten plenty of industries, from camera and newspaper businesses to watches and even flashlights. Now, Big Tech appears to be turning its attention to banking. But don't expect Facebook or Google to launch their own banks....

Facebook Pay lets you buy goods and send money inside Facebook’s apps

Libra isn't Facebook's only big leap into the payment world. The social media giant has unveiled Facebook Pay, its bid at simplifying both purchases and money transfers. Once you've set a payment method, it's theoretically quick and easy to buy tic...