Libras critics are missing the forest for the trees

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Nik Milanovic proposed stablecoin. jumped shipdirect pressureturned intoassailedannouncedCritics, though well-intentioned, are missing the forest for the trees. Governments should heed the lesson of the U.S.-Soviet space race of the 1970s and use the idea behind Libra, if not the project … Continued

What happened when Alexandria Ocasio-Cortez came face to face with Facebooks Mark Zuckerberg | Carole Cadwalladr

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The New York politician has exposed the firms shameless disregard for the truth It was 1am the night before we published Mark Zuckerberg appeared before the US Congresss House financial services committee to talk about Facebooks plans for its Libra … Continued

‘You’re trying to help drug dealers’: Zuckerberg faces angry lawmakers at Libra hearing

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US legislators condemn CEOs currency plans and question whether Facebook should be broken up Mark Zuckerberg faced hostile questioning in the US Congress from politicians of both parties as he sought to reassure them the planned digital currency Libra could … Continued

Ocasio-Cortez stumps Zuckerberg with questions on far right and Cambridge Analytica

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Democratic lawmaker challenges Facebook CEO during hearing over Libra cryptocurrency Mark Zuckerberg faced a grueling examination from the Democratic lawmaker Alexandria Ocasio-Cortez on Wednesday, with questions over the correspondence uncovered in 2019 as part of a lawsuit revealed executives knew … Continued

How the wheels came off Facebook’s Libra project

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Support for Mark Zuckerbergs mission to reshape global finance is slipping away slowly but surely When quit in dramatic fashion in recent weeks, including PayPal, eBay, Visa and Mastercard, as concerns mount. One by one theyre starting to drop away. … Continued

Zuckerberg: I’ll ‘go to the mat and fight’ Warren over plan to break up Facebook

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Leaked recordings published by the Verge show Zuckerberg fears existential threat if Democratic contender becomes president Facebook chief executive Mark Zuckerberg has said his company will go to the mat if Elizabeth Warren is elected president and seeks to fulfil … Continued