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Facebook Reaches $5 Billion Settlement with the Federal Trade Commission


Facebook has found itself in a whole range of problems over the past couple of years, and many of the problems struck at the very heart of its business. Other than issues related to failure to block advertisements bought by Russians in the lead up to the United States Presidential elections, there...

How 10 Countries Respond to Facebook’s Libra Cryptocurrency


A growing number of governments have responded to Facebook’s cryptocurrency plans including China, France, India, Japan, South Korea, Russia, Singapore, Thailand, the U.K., and the U.S. Several intergovernmental organizations have also weighed in such as the European Central Bank and the Bank...

Facebook Defends Libra in the U.S. Senate, Has No Plans for India


Social media giant Facebook is working to ease concerns by lawmakers in Washington, D.C. about its new cryptocurrency project Libra, co-launched with 27 partners. Also, the company confirmed it has no plans for India for now. In a letter to the Committee on Banking, Housing, and Urban Affairs...

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