Global events — which include the coronavirus, now stretching across more than 60 countries – make one’s mind cast toward what else might be on the universal stage. Global currency, anyone? In the age of Libra, in a new decade where at least some central...
Facebook is reportedly considering changing the makeup of its proposed Libra currency so it will accept a variety of coins, including those of central banks around the world that have voiced opposition to the project and even started working on coins of their own, according...
Facebook’s Libra Association added a new member after a number of participatory companies left the organization in the past few months, according to a report by CNBC. Shopify, an eCommerce company, said Friday (Feb. 21) that it was going to join the organization “to make...
U.S. Attorney General William Barr said on Wednesday he was unsure whether social media giants like Facebook and Google needed the immunity that protected them from being sued over content posted by their users, which has protected such companies in the past. Barr said the...
European Union industry commissioner Thierry Breton rebuked Facebook’s proposed new internet rules Monday (Feb.17), saying it was Facebook‘s responsibility to adapt to the EU and not the other way around, according to Reuters. Breton had a short meeting with Mark Zuckerberg, Facebook chief executive, on...
Facebook is something in between a newspaper and a telecommunications company, said CEO Mark Zuckerberg, and he wants it to be regulated accordingly, The Wall Street Journal reported. Speaking before a conference of government and security officials at an annual security conference in Munich, Zuckerberg...
Many nonprofits are leery of using Facebook’s “donate” button, saying it doesn’t help them in their fundraising efforts, mainly because Facebook keeps a tight lock on the data of people donating, sharing only a name and amount, according to a report by Bloomberg. For example,...
When the independent research commission Social Science One launched in 2018 to study Facebook data, scientists never thought it would take two years to get their hands on information, according to reports on Thursday (Feb. 13). Finally, after numerous privacy delays, the joint commission established...
Facebook Ireland put its planned dating feature on hold following a raid by the Irish Data Protection Commission (DPC) on Wednesday (Feb. 12), according to reports. The DPC — which acts as the regulator for all of Europe — searched the social media giant’s offices in...