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Tag Archives: facebook

More companies back away from Facebook’s Libra coin

San Francisco, United States | AFP | Facebook’s digital currency alliance lost more companies on Friday amid heavy criticism from regulators around the world on the planned Libra global cryptocurrency. Credit card giants Visa and Mastercard, online marketplace eBay and digital payments firm Stripe each announced they had changed their minds …

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EU governments, Uganda’s Kasaija warn about crypto-currencies

Kampala, Uganda | THE INDEPENDENT & AFP | A day after Uganda’s Finance Minister Matia Kasaija warned about the use of crypto-currencies, European governments are asking questions about Libra, forcing Facebook’s partners to reconsider. Mastercard, Visa and other financial partners being enlisted to oversee Facebook-backed cryptocurrency Libra are having second thoughts …

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Zuckerberg meets US senators, rejects call to break up Facebook

Washington, United States | AFP |  Facebook chief executive Mark Zuckerberg met privately with members of Congress Thursday on a political reconnaissance mission to Washington, where he rejected calls for him to break up the world’s biggest social network. Zuckerberg’s visit with policymakers comes as Facebook faces a myriad of …

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Facebook-backed research sees progress linking minds, machines

San Francisco, United States | AFP | Facebook-backed researchers have managed to translate brain signals into spoken words, bringing the social network’s vision of linking brains and machines closer to reality. A study published this week by University of California-San Francisco scientists showed progress toward a new type of brain-computer interface. …

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