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Libra’s 2020 Launch Date In Doubt As More Backers Bail
October 14, 2019

It is looking unlikely that Facebook will get the regulatory approval needed to launch its controversial cryptocurrency, Libra, next year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Booking Holdings Is Latest Backer To Bail On Libra
October 14, 2019

Online travel firm Booking Holdings is the latest Libra Association member to jump ship on the cryptocurrency project proposed by Facebook, Bloomberg reported on Monday (Oct. 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

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Facebook’s Slack Alternative Reaches 3M Users, Adds Video
October 08, 2019

Facebook’s Slack-like worker communication app, Workplace, has just announced a slew of new features along with a milestone – it recently hit three million paying users. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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Snap CEO Skeptical Of Facebook Antitrust Probe
October 04, 2019

For the company’s prospects of competing with Instagram in the short term, Snap CEO Evan Spiegel is unsure if antitrust activity by the government will have an impact. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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AG Barr Calls For Facebook To Suspend Encryption Of Messages
October 03, 2019

U.S. Attorney General William Barr wrote an open letter to Facebook asking it to postpone plans to encrypt messages on the company’s three services until the government can assess how it will affect public safety.  Get the Full Story Complete the form to unlock this...

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EU Court: Judges Can Order Removal Of Facebook Content
October 03, 2019

A European Union (EU) court has given judges more power over the removal of Facebook content in the region. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

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Mastercard, Visa Stay Mum On Libra Support
October 01, 2019

Might the Libra project see more than turbulence as key backers reconsider their support? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

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Leaked Recordings Expose Zuckerberg’s Anti-Breakup Sentiments
October 01, 2019

Leaked audio from two July meetings at Facebook show that CEO Mark Zuckerberg was ready for the possibility that Elizabeth Warren could become president and the company would subsequently be facing an antitrust fight, one that would potentially try to break it up. Get the...

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Facebook Negotiates Sandberg DC Hearing Testimony
September 26, 2019

With questions surrounding Facebook’s market power and its plans for the Libra digital currency, the social media company is reportedly negotiating with an important congressional committee for COO Sheryl Sandberg to testify as early as October. Get the Full Story Complete the form to unlock this...