Facebook Introduces New Cryptocurrency: Libra

Welcome to this week's edition of the Social Media Marketing Talk Show, a news show for marketers who want to stay on the leading edge of social media.

On this week's Social Media Marketing Talk Show, we explore Facebook's new cryptocurrency, Libra, with special guest, Joel Comm.

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About Our Special Guest

Joel Comm is a New York Times bestselling author, blockchain enthusiast, social media marketing strategist, live video expert, and futurist. He co-hosts The Bad Crypto Podcast, a top cryptocurrency show making the future of digital payments easy to understand.

Use the timestamps below to fast-forward to our top stories in the replay above.

• 6:11 Facebook Shared Updates on Comment Ranking for Public Posts
• 10:40 Facebook Removing Select Fields in Page Descriptions
• 12:40 Facebook Introduces New Digital Currency, Libra

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Facebook Introduces New Digital Currency, Libra: After months of speculation, Facebook finally released documentation for its new on-platform cryptocurrency, Libra. Facebook Libra is the first product of Facebook's Calibra crypto subsidiary and will initially enable fee-free funds transfers on WhatsApp, Messenger, and within a stand-alone app.

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Facebook Shared Updates on Comment Ranking for Public Posts: Facebook outlined a variety of signals that will be used to determine the quality and ranking of comments on public posts. The goal of this update is to reduce click-baiting practices and improve the user experience on the site.

Facebook Removing Select Fields in Page Descriptions: Facebook alerted page owners that it's removing a number of fields from the Page Description section starting August 1, 2019. The fields to be removed include, but may not be limited to, Company Overview, Biography, Affiliation, Mission, and Personal Interests.

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Facebook is removing a number Page info fields on August 1st

– Company Overview
– Biography
– Affiliation
– Personal Interests
+ Maybe others

h/t @MariSmith pic.twitter.com/glcIH9q3N6

— Matt Navarra (@MattNavarra) June 17, 2019

Other News Mentioned

• Facebook Reportedly Testing a New “Preview” Option for Page Posts
• Facebook Adds New Classes to Blueprint
• Facebook Provides Community-Building Tips for Brands in New Report

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