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.
Browsing: Mark Zuckerberg
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.
Facebook’s proposed cryptocurrency has faced such overwhelming scorn that an exchange is now facilitating bets on whether the social media company can come close to meeting its target launch date.
Facebook has been accused of reverting to the “digital Dark Ages” after serious concerns were raised that plans for message encryption could prevent child abusers and terrorists being caught.
Facebook CEO Mark Zuckerberg, the fifth-richest person in the world, was asked by an employee to respond to an assertion by US presidential candidate Bernie Sanders that billionaires shouldn’t exist.
Instagram has unveiled a new messaging app called Threads, which has striking similarities to Snapchat.