Facebook keeps pivoting to new projects — and then abandoning them

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Facebook keeps pivoting to new projects — and then abandoning them
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Facebook's plan to wind down its podcast platform is the latest in a long line of projects the social network has launched with fanfare and then unceremoniously scuttled.

Some observers jokingly referred to the move

A little over a year later, in the wake of the Capitol riot, Facebook permanently banned then-President Trump.named Libra, to be deployed in partnership with big names like Visa, Mastercard, Paypal, Uber and Lyft. It still is. Facebook says it's made some progress on its encryption plans but most of the company's services still operate in an unencrypted mode., looks to be the biggest shift ever for Facebook. It's led Zuckerberg to rename the company and set aside $10 billion to make the idea real.

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