‘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

Libra: US Congress asks Facebook to pause development

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Legislators say they need time to investigate cryptocurrency and its potential impact The US Congress has asked Facebook to pause development on its cryptocurrency until lawmakers have had more time to investigate the ramifications of the companys actions. In a … Continued