PayPal has pulled out of the Libra Association, a blow to Facebook’s efforts to develop a digital currency.
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Four payments companies that have joined Facebook as founding members of the Libra Association are wavering over whether to officially sign on to the cryptocurrency project.
Visa, Mastercard and PayPal may have boosted the single, greatest risk they face – that of tougher regulation – by becoming early backers for Facebook’s new digital money, called libra.
Facebook is to launch a cryptocurrency next year – backed by the likes of Mastercard, Visa and PayPal – which will allow people to move money from their smartphones.
Online spending in South Africa is expected to reach R53bn by next year, from R37,1bn in the past 12 months, according to new research commissioned by PayPal and conducted by Ipsos. It’s the third time the companies have done the research
Few tech workers come from the seven countries affected by US President Donald Trump’s entry ban. But the 97 US companies, most of them from the tech sector, that lent their support to the State of Washington’s lawsuit aiming to block
Peter Thiel is standing by Donald Trump, saying the Republican presidential candidate “gets the big things right” and that the US needs a political outsider to fix its systemic problems. The billionaire venture capitalist and Facebook board member
Technology companies are a lot like contemporary art. Their valuations reflect narratives more than anything else, and it’s just as important to devise the right framework to describe a phenomenon as it is to build a beautiful product. Two New
By global standards, most South African consumers are making their purchases at brick-and-mortar stores, even as the online shopping sphere is poised for stunning growth. But it hasn’t been smooth sailing for the country’s still
There are a couple of South Africans who are making their mark across the world. One of them is Sequoia Capital partner Roelof Botha, who has become something of a Silicon Valley superstar. Forbes recently named this South African as one of the