Facebook needs 'very high standard' for Libra coin: US Treasury
Facebook must meet "a very high standard" before it moves ahead with its planned digital currency Libra, US Treasury Secretary Steven Mnuchin said Monday.
Facebook must meet "a very high standard" before it moves ahead with its planned digital currency Libra, US Treasury Secretary Steven Mnuchin said Monday.
Business
Jul 15, 2019
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Facebook's planned virtual unit Libra, already under heavy attack from US President Donald Trump and global regulators, faces scepticism among the wider cryptocurrency community as well.
Internet
Jul 14, 2019
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At $5 billion, the fine the FTC is about to levy on Facebook is by far the largest it's given to a technology company, easily eclipsing the second largest, $22 million for Google in 2012.
Internet
Jul 12, 2019
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President Donald Trump on Thursday night warned Facebook Inc. over its plan to create a digital currency, the Libra.
Business
Jul 12, 2019
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When Facebook announced its intention last month to get into the money business with its own digital currency, we were left wondering what would be next. Its own court system? Its own standing army?
Internet
Jul 5, 2019
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Facebook said it was "back at 100 percent" Wednesday evening after an outage on all of its services affected users in various parts of the world.
Internet
Jul 4, 2019
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Facebook acknowledged Wednesday an outage affecting users in various parts of the world and said it was working on a fix.
Internet
Jul 3, 2019
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Aleksandr Kogan, the data scientist at the center of Facebook's Cambridge Analytica privacy scandal, said he is dropping a defamation lawsuit against the social network rather than engage in an expensive, drawn-out legal ...
Internet
Jul 2, 2019
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Facebook and YouTube said Tuesday they were moving to reduce the spread of misleading health care claims after a media report showed the proliferation of bogus cancer cures on social media.
Internet
Jul 2, 2019
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German authorities said Tuesday that they have imposed a 2 million-euro ($2.3 million) fine on Facebook under a law designed to combat hate speech.
Internet
Jul 2, 2019
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