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    Facebook Introduces New Cryptocurrency: Libra

    by Grace Duffy / June 22, 2019

    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.

    Tune In to the Social Media Marketing Talk Show

    Watch this week's show:

    Listen now or find the Social Media Marketing Talk Show podcast on iTunes/Apple Podcast, Android, Google Play, Stitcher, and RSS.

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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

    divider

    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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    But don’t let the name fool you. This show is about a lot more than just social media marketing. With over 600 episodes and millions of downloads each year, this show has been a trusted source for marketers for well over a decade.

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    Today, Facebook is coming together with 27 organizations around the world to start the non-profit Libra Association and…

    Posted by Mark Zuckerberg on Tuesday, June 18, 2019

    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.

    Social media managers…

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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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    Tags: News, Social Media Marketing Talk Show

    About the authorGrace Duffy

    Grace Duffy, serves on the Editorial Staff at Social Media Examiner as News Producer. She is a social media strategist, marketer and content creator with a passion for connecting people through technology.
    Other posts by Grace Duffy »

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