5 things to know about Facebook’s cryptocurrency
By Guardian Exclusive
22 June 2019 | 7:29 pm
Facebook has unveiled plans for a global cryptocurrency which the social networking giant hopes will provide an alternative to cash, credit cards and bank transfers as from year 2020. Here are five things you need to know about Libra.
11 Oct 2021
Facebook is facing a historic crisis. Revelations by former data scientist-turned-whistleblower Frances Haugen have shed light inside the notoriously secretive tech giant. She says Facebook harms children, sparks division and undermines democracy in pursuit of astronomical profits. Her allegations are backed by the leak of tens of thousands of internal documents.
18 Oct 2021
Facebook has announced that it will expand in the European Union to build a new computing platform. It comes as the tech giant contends with concerns over its practices.
25 Oct 2021
An investigation suggests that Facebook has selectively chosen what hate speech it wants to shut down in India. Whistleblower Frances Haugen's disclosures come as she is set to appear before British lawmakers.
26 Oct 2021
Facebook reported an annual 17 per cent jump in third-quarter net profit, driven by an increase in daily active users and strong advertising sales despite the platform facing multiple controversies that have led to calls for tighter regulation.
27 Oct 2021
European Competition Commissioner Margrethe Vestager told DW in an interview that legal action against the tech giant could be endless, but regulation now could limit its damage.
28 Oct 2021
Facebook began this week by announcing more than $9 billion in quarterly profits, an increase of about 17 percent. The social media giant also announced that it now has close to three billion users. But all is not well on the Facebook front as Mark Zuckerberg’s platform has been facing a deluge of scathing reports.
29 Oct 2021
Facebook has changed its name to "Meta" in a shift away from social media and towards developing "the metaverse," a digital world that could be the next generation of the internet. Here's what they have planned.
2 Nov 2021
Frances Haugen said her former boss, Mark Zuckerberg, should step down and allow change instead of devoting resources to build the so-called "metaverse."
13 Nov 2021
Frances Haugen called on lawmakers in Brussels to seize the opportunity to create a "global gold standard" as they draft oversight regulation for tech giants.
17 Nov 2021
Facebook became Meta Platforms on October 28 and subsequently announced its grand plans for bringing the virtual and physical worlds together in the metaverse. Since then, tech and entertainment giants have been jumping on the bandwagon and staking their own claims as builders of a new reality. But what exactly is the metaverse and what are the risks associated with it? Peter O'Brien takes a closer look in this week's Tech 24, the first in a new live format.
12 Dec 2021
PM Narendra Modi has framed cryptocurrencies as a domain that needs to be closely policed, warning they present a risk to young people. DW talked to economist Eswar Prasad about how Modi could regulate the sector.
17 Dec 2021
Many Facebook groups based in Mali and Nigeria began sharing a video of a helicopter on December 9, claiming it showed an aircraft delivering weapons to terrorists. In Mali, the posts often accused the French government of operating the helicopter, while posts coming from Nigeria laid the blame on the Nigerian government. In reality, the video is from neither one of these countries – it was filmed in the Central African Republic during a routine supply drop.
1 hour ago
The G7 summit is set to kick off in Germany, with Western leaders facing up to a daunting set of crises — Russia's war in Ukraine and climate change top the list. As DW's Richard Walker reports, these issues are nothing new for the group of leading economic powers.
1 hour ago
The alliance is expected to announce increased troop numbers in at its eastern borders, as well as more aid for Ukraine. Leaders from Asia and Oceania were also invited to address concerns about rising Chinese influence.
4 hours ago
Germany has agreed to return trove of looted African colonial artifacts, including over 1,000 Benin Bronzes that will be repatriated to Nigeria.
6 hours ago
The site, co-founded by Nobel laureate Maria Ressa, was known for covering outgoing President Rodrigo Duterte's bloody crackdown on illegal drugs. The move comes a day before Duterte is due to leave office.
6 hours ago
The Group of Seven summit has ended with only modest solutions to the global energy and food crises. The struggles of poorer nations were sidelined by Russia's disastrous war in Ukraine.
6 hours ago
The Nigerian financial technology industry has not only proven the fact but has also attracted big global technical brands in business transactions. Here are some financial technology companies that are thriving in Nigeria;