Where it all went wrong for Facebook’s Libra

Facebook was blindsided this month when seven of the high-profile companies involved in its digital currency project, including eBay, PayPal, Visa and Mastercard, stepped back, leaving its future hanging in the balance......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Neurable, NextMind, Facebook and other tech firms are working to develop computer devices that you control with your thoughts......»»

In a response to Axel Springer CEO Mathias Döpfner, Facebook's Nick Clegg says it's wrong to say tech giants use personal data for n.....»»

WhatsApp was already sharing your data with Facebook - where it went wrong was by giving users an ult.....»»

Facebook’s Libra has a new name and diminished ambitions, but regulators will still see it as a threat......»»

Temasek, one of Singapore’s two state-owned investment vehicles, is among the latest firms to join the Libra Association, the consortium Facebook set up to create a global digital currency......»»

A detailed chronology of Libra's journey from a skunkworks inside Facebook to a potential global monetary game-changer to a shadow of its former self......»»

Libra may have been scaled back, but Facebook is significantly expanding the team working to support the stablecoin project......»»

Rep. Sylvia Garcia's comments suggest Libra's roots as a Facebook initiative remain a political liability despite the consortium's steps to sate critics......»»

Facebook, Inc. (NASDAQ: FB)'s proposed cryptocurrency Libra is revamping its platform to make it more acceptable to financial regulators.  read more.....»»

Facebook's Libra cryptocurrency could now launch in mid-November after a revamp aimed at mollifying its many critics. Julian Satterthwaite reports......»»

Facebook's planned cryptocurrency Libra will be linked to individual national currencies and overseen by global watchdogs in a scaled-back revamp it hopes will win regulatory approval......»»

The Facebook-spawned Libra Association has scaled back its original vision of a global digital currency backed by a basket of fiat currencies......»»

Facebook's planned cryptocurrency Libra will be linked to individual national currencies and overseen by global watchdogs in a scaled-back revamp it hopes will win regulatory approval......»»

Facebook is getting into the crypto business. Its digital currency called Libra is scheduled to launch in summer 2020. But the project has raised a lot of concerns......»»

Rather than build an alternative currency like Libra, Facebook should concentrate on building new infrastructure, like the open systems in the ethereum-DeFi space, says ConsenSys's Lex Sokolin......»»

India’s Supreme Court overturns a crypto banking ban while Facebook prepares fiat-pegged digital currencies alongside Libra......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»