Mark Zuckerberg has indicated he is willing for Facebook to pull out of the libra digital currency if other founding members decide to press ahead without US approval.
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With over 2.3 billion monthly active users around the world, it’s not a stretch to imagine that Facebook could have great influence over who pays whom, and how.
The hostility toward Facebook’s libra cryptocurrency appears to be weighing on the sentiment for bitcoin.
After a 17-month hiatus, the sixth season of HBO’s Silicon Valley premieres on Sunday night in the US. The show is at the very top of its game after an uneven run.
Facebook has a warning for those in Washington determined to derail the company’s plans for creating a cryptocurrency: doing so would be a huge win for China.
Mark Zuckerberg has defended the public right to freedom of expression and criticised the Chinese state’s censorship of protesters.
Facebook CEO Mark Zuckerberg has drawn criticism after restrictions were placed on news coverage of an event he was speaking at to promote free expression.
The Facebook executive responsible for the embattled cryptocurrency said he doesn’t fault companies that pulled out of the project, adding that he’s optimistic more organisations will sign on.
Facebook’s remaining partners in its digital currency project signed paperwork on Monday to officially join the Libra Association.
Facebook’s effort to create a cryptocurrency was dealt a blow on Friday after several key partners, including Mastercard, Visa, eBay, Stripe and Mercado Pago, abandoned the project.