A week ago we covered a Wall Street Journal article highlighting potential trouble for Facebook’s Libra cryptocurrency, as multiple backers were reconsidering their commitment to the project. Fast-forward a week and things have only gone from bad to worse. As Bloomberg reports, PayPal was the first to announce they were leaving on October 6, with […]
Facebook Libra Backers Back Out Read More »
The floodgates opened today on Facebook Inc.’s Libra Association as no fewer than five more companies exited the group overseeing the social network’s proposed cryptocurrency: Mastercard Inc., Visa Inc., eBay Inc., Stripe Inc. and Mercado Pago. Reports that some companies were looking to withdraw their support from Libra surfaced Oct. 1, with PayPal Holdings Inc. becoming the first to
The open-source movement has a history that captures both its community spirit and renegade impact. Sometimes, that history even involves a yapping animal. In Linux, the “biff” command notifies users when mail arrives and identifies the deliverer. Was “biff” a cleverly conceived acronym for a remarkably sophisticated programming language? No. It was named after a
Not just a barking dog: Open-source developers grow to embrace software as a service Read More »
Each week, we review the week’s news, offering analysis about the most important developments in the tech industry. Greetings from the alternate reality we call Silicon Valley. I’m Nicole Perlroth. Here’s a look at the week’s tech news: Uber’s very bad, horrible, no good day Arguably, the biggest news to come out of the Apple
The Week in Tech: Silicon Valley’s Alternate Reality Read More »
