Tag: scrapped

Meta, formerly known as Facebook, introduced Express Wi-Fi in 2016 to improve internet connectivity in public areas for over a billion potential users facing poor internet access. Collaborating with telecom partners, Meta aimed to create a network of public Wi-Fi access points. Despite operating in 30 countries, the service is now being discontinued. Existing users of Meta Express Wi-Fi need not worry as they will continue to receive uninterrupted service. Meta plans to gradually wind down the program later this year to minimize any impact on users and partners. The challenges of providing internet access in remote regions of developing countries like Ghana, India, Indonesia, and Nigeria have hindered the success of the project. The use of drones for Wi-Fi connectivity proved impractical, with limited resources and difficult justification for continued investment. While the Free Basics service offering free internet access will remain for current users, other initiatives under the program will be terminated. Meta cites logistical and social complexities as reasons for discontinuing the Express Wi-Fi program. In addition, Meta's long-term cryptocurrency project, Diem, is also being shut down following the acquisition of assets worth $182 million by investment firm Silvergate Bank. Diem CEO Stuart Levey noted positive feedback but acknowledged the project's inability to progress. The association with Facebook and regulatory concerns led to Diem's downfall, causing initial backers like PayPal, Mastercard, and Visa to withdraw support. The project failed to gain trust among regulators and key stakeholders, ultimately leading to its demise.

Tag: scrapped

Meta’s remote internet connectivity program Express Wi-Fi scrapped

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