Regulation and Deregulation of Industry

Facebook’s Zuckerberg, Accused of Lying, Withstands a Washington ‘Beating’

WASHINGTON — Mark Zuckerberg, the Facebook chief executive, traveled to Washington to defend a cryptocurrency project that has become the latest target of lawmakers frustrated with the social media giant. He ended up answering a smorgasbord of questions on other issues on Wednesday, as members of the House Financial Services Committee took him to task […]

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China’s Cryptocurrency Plan Has a Powerful Partner: Big Brother

BEIJING — When Facebook announced plans this year for a cryptocurrency called Libra, it said its goal was to reinvent money for the internet age. What the company probably didn’t imagine was that its efforts might spur China to get there first. China wants to start replacing the cash that people carry with a digital

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Facebook’s Libra Cryptocurrency Faces Exodus of Partners

As part of that, the social network said, it had more than 27 corporate partners — including PayPal, Visa, Mastercard and companies like Uber — that had pledged to support the project. The partners are important because Libra will be controlled not by the social network but by a broad network of corporations, Facebook said.

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One Brother Stabbed the Other. The Journalist Who Wrote About It Paid a Price.

Mr. Biancardi wrote about how the court had ruled against him. That drew attention from others who asked for articles about themselves to be taken down. One of those demands was from Vittorio Pecoraro, now in his 80s, who was stabbed by his brother, Umberto, in the 2008 seaside restaurant brawl. The brothers were arrested

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Real-Time Surveillance Will Test the British Tolerance for Cameras

CARDIFF, Wales — A few hours before a recent Wales-Ireland rugby match in Cardiff, amid throngs of fans dressed in team colors of red and green, and sidewalk merchants selling scarves and flags, police officers popped out of a white van. The officers stopped a man carrying a large Starbucks coffee, asked him a series

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Vaping Bad: Were 2 Wisconsin Brothers the Walter Whites of THC Oils?

BRISTOL, Wis. — The drug bust shattered the early-morning stillness of this manicured subdivision in southeastern Wisconsin. The police pulled up outside a white-shuttered brick condo, jolting neighbors out of their beds with the thud of heavy banging on a door. What they found inside was not crystal meth or cocaine or fentanyl but slim

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How Top-Valued Microsoft Has Avoided the Big Tech Backlash

“And once you’re in the cross hairs, it is hard to get out,” Mr. Smith said. The natural tendency for the young tech powers is to fight. “They didn’t get to where they are by compromising,” Mr. Smith said. “They got to where they are because they stuck to their guns. And so they tend

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Philip Morris and Altria Are in Talks to Merge

The tobacco giants Philip Morris International and the Altria Group are in talks to reunite, the companies said on Tuesday, in a deal that would combine the most popular brands of both traditional and electronic cigarettes. The companies described the proposed deal in a statement as an “all-stock, merger of equals,” but cautioned that the

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