With the soft launch of a new curation product called Facebook News, Facebook CEO Mark Zuckerberg and News Corp CEO Robert Thomson engaged in a discussion at the Paley Media Center in New York City. The news curation product is said to showcase daily news...
It may be a bit ironic that the halls of Congress are known, colloquially, as the Hill. It’s an upward climb, after all, for Facebook — specifically for Libra. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Facebook CEO Mark Zuckerberg testified before the United States House Of Representatives Committee on Financial Services on Tuesday (Oct. 22). He spoke about the company’s intentions with Libra, and sought to assuage the concerns of regulators and legislators around the world that the currency could...
In a New York-led antitrust probe into Facebook, New York State Attorney General Letitia James said on Tuesday (Oct. 22) that 47 attorneys general from states and U.S. territories plan to participate in an investigation. The social media company’s shares dropped 3.9 percent on the...
Fresh off a wave of defections, the Libra Association has claimed an initial 21 members. That’s a start. But the crypto initiative is still missing key components that would bring the crypto from concept to reality — like infrastructure and marketplaces. We break down the latest...
A class action lawsuit against Facebook, alleging that people in Illinois didn’t consent to have their photos used with the company’s facial recognition technology, will move forward despite Facebook’s efforts to halt it. Get the Full Story Complete the form to unlock this article and...
Facebook co-founder Chris Hughes, who wrote an op-ed in the New York Times earlier this year about the danger of Facebook’s dominance, has started a fund against monopolies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
U.S. Federal Reserve Governor Lael Brainard has warned that a stablecoin like Facebook‘s planned Libra could make central banks’ efforts to conduct monetary policy “complicated.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Facebook’s latest Portal has placed a bigger emphasis on privacy as the company looks to reassure users their information is safe in its hands. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
