Facebook’s Libra to face congress
11 July 2019 | 6:00 am
Earn.com Co-Founder Lily Liu and Bitwise Asset Management CEO Hunter Horsely, discuss the hearings to be held by Congress concerning Facebook's cryptocurrency project, Libra. They speak with Emily Chang on "Bloomberg Technology."
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.
20 Dec 2021
Narendra Modi, India’s Prime Minister, has warned younger generations about the threat Bitcoin poses. In his keynote address at The Sydney Dialogue, hosted by the Australian Strategic Policy Institute, Modi spoke on the technology development India has experienced and how it could help guide the safety of cryptocurrency.
3 Feb 2022
For the first time since inception in 2004, Facebook lost about 5 lakh users on a daily basis during Oct-Dec 2021. That saw the shares of its parent company, Meta, plunge 20 percent on the exchanges, wiping off $200 bn in market capitalisation.
10 Feb 2022
The US Justice Department announced its "largest financial seizure ever" and the arrest of a New York couple for allegedly laundering money stolen through a 2016 hacking.
9 Feb 2022
The price of Bitcoin dipped in early trading on Wednesday, after the US Justice Department announced it had arrested two people and seized Bitcoin worth $3.6 billion that was stolen from the exchange Bitfinex in 2016. The investigation is being closely watched by players in the cryptocurrency sector as to how investigators are tracking criminal activity involving the tokens. Also today, we report on protests in Argentina against the latest agreement with the International Monetary Fund.
12 mins ago
The International Olympic Committee are making plans to reintegrate Russia and Belarussian athletes. Polish sports minister Kamil Bortniczuk has claimed that up to 40 countries could boycott the 2024 Olympics in protest.
33 mins ago
Andrea Riseborough's surprise Oscar nomination for "To Leslie" shows how social media is transforming awards campaigning.
34 mins ago
With the latest increase, the Fed's target interest rate is set in a range between 4.50% and 4.75% — its highest level since late 2007. The Fed has been rapidly hiking rates since March of 2022 in a bid to snuff out persistent inflation.
34 mins ago
A Kobe Bryant game-worn jersey is expected to set a record when it hits the auction block at Sotheby’s from February 2 to 9.
1 hour ago
At a memorial to victims of Argentina's military dictatorship, Germany's Olaf Scholz said it made him think of Iran's ongoing crackdown on protesters. He also visited a VW factory.
1 hour ago
The European Union is set to introduce new rules that would enable governments in the bloc to support their green industries. New laws in the USA and China are forcing the EU to adapt. France and Germany applaud the move.