Vodafone snubs Libra in favour of M-Pesa
Vodafone has withdrawn from Facebook’s digital currency initiative Libra, as regulators and bureaucrats circle overhead.
Vodafone has withdrawn from Facebook’s digital currency initiative Libra, as regulators and bureaucrats circle overhead.
Democrat Speaker of the US House of Representatives Nancy Pelosi has sent a tsunami of abuse towards Facebook, suggesting the social media giant has zero interest in serving its users.
Facebook has reportedly hired ex-Microsoft employee Mark Lucovsky to oversee the development of its own operating system to reduce the dependence on Google’s Android.
The Advocate General to the Court of Justice of the European Union (CJEU) has said Facebook is not in violation of privacy rules in transferring data to US servers.
Two US Senators have gained the upper-hand over Facebook in a patient game of chess which could see further action from authorities.
Amnesty International has unveiled a new report heavily criticising Google and Facebook, and the alleged strategies employed to abuse privacy rights of individuals.
Not content with trying to create a new global currency, Facebook now lets you pay for stuff through all its apps.
Facebook is worried people might get confused between the service and the company because they’ve both got the same name.
Facebook has been on somewhat of a rollercoaster ride over the last 24 hours, revealing another quarter of impressive year-on-year growth, while rumours circulate it could be facing a competition probe.
Facebook’s Libra cryptocurrency has received almost universal push-back since its announcement, so now it’s looking for ways to placate its critics.
Visa and Mastercard are among a group of partners in Facebook’s Libra cryptocurrency venture to decide the whole thing is too risky.
Internet financial services giant PayPal is the first member of the Libra coalition to jump ship and probably won’t be the last.
Politicians from the UK, the US and Australia have penned an open letter to Facebook CEO Mark Zuckerberg requesting the team delay end-to-end encryption plans.
A new ruling by the EU Court of Justice seems to compel social media companies to enact EU censorship demands even outside of its jurisdiction.
Via a leaked audio-recording of a Facebook townhall meeting with employees, Facebook CEO Mark Zuckerberg has taken a combative position in the face of increasing pressure.
UK Home Secretary Priti Patel is reportedly to sign a transatlantic agreement offering the UK Government more clout over the stubborn messaging platforms.
Facebook is being touted as the latest Silicon Valley resident to face an antitrust investigation from the Department of Justice.
Facebook needs to get back in the good books of both regulators and the general public sharpish, and it seems it is taking a machete to the developer ecosystem to do so.
Scrutiny of the US tech giants has been taken up another level after members of the US House Judiciary Committee have demanded they expose their internal workings.
Yet another set of ill-considered censorship decisions by Silicon Valley has illustrated once more the impossible position it’s in when it comes to policing the public.
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