In the wake of reports that Facebook’s Libra currency is losing backers, Mashable is reporting that OpenLibra is being positioned as an alternative, “an open platform for financial inclusion. Not run by Facebook.” The new cryptocurrency was announced in Osaka, Japan at the Ethereum Foundation’s Devcon 5 conference. The currency will share the same Move […]
Welcome to TNW Basics, a collection of tips, guides, and advice on how to easily get the most out of your gadgets, apps, and other stuff. Inevitably, one day you’re going to die. While you may think your online identity will go to the grave with you, that’s not always how it works out. Without setting
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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
There’s a strategic cost to the defection of Visa, Stripe, eBay, and more from the Facebook-led cryptocurrency Libra Association. They’re not just names dropping off a list. Each potentially made Libra more useful, ubiquitous, or reputable. Now they could become obstacles to the token’s launch or growth. Fearing regulators’ inquiries not just into their Libra
Why each Libra member’s mutiny hurts Facebook – TechCrunch 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
(Reuters) — Facebook’s ambitious efforts to establish a global digital currency called Libra suffered severe setbacks on Friday, as major payment companies including Mastercard and Visa quit the group behind the project. The two companies announced they would leave the association Friday afternoon, as did eBay, Stripe, and Latin American payments company Mercado Pago. They
eBay, Stripe, Mastercard, and Visa leave Facebook’s Libra Association Read More »
Twitter admits ad targeting data bug, digital media provides best ROI, TikTok under fire or using Creators’ videos, Facebook testing new multi-image layouts. Twitter has admitted that a ‘bug’ has allowed data submitted for safety purposes to be used for ad targeting, prompting many in the industry to blast the platform. A new survey of
Facebook has introduced Threads from Instagram, which it calls a “camera-first messaging app”. The standalone app expands on the Close Friends feature that Instagram introduced last year, creating a dedicated space to quickly share photos, videos, messages, Stories and status updates with people in the Close Friends list. Messages from Close Friends will appear in
Instagram rolls out stand-alone messaging app for ‘close friends’ Read More »
“But until we have a hint of a beginning of a design, with some visible path towards autonomous AI systems with non-trivial intelligence, we are arguing about the sex of angels.” Yann LeCun. There’s yet another online debate raging between world-renowned AI experts. This time it’s the big one: will AI rise up and murder
Why Facebook’s AI guru isn’t scared of killer robots Read More »
Ensuring politicians in the 2020 election stay truthful is hard work, so Facebook has decided it’s going to sit this one out. Biden’s campaign team had sent a letter to CEO Mark Zuckerberg, COO Sheryl Sandberg and global elections policy chief Katie Harbath that essentially called on the company to take down a Trump campaign
Facebook sure does love free $peech – TechCrunch Read More »
