The co-creator of Facebook-backed libra defended the cryptocurrency on Wednesday after a number of recent high-profile companies abandoned the effort. Libra ran into issues Friday after Visa, Mastercard, Stripe, eBay and Mercado Pago bolted. Booking Holdings, formerly Priceline, left Monday. Each of the companies would have potentially invested $10 million each into the project. The […] Read more
Chinese state-run television network CCTV said it was suspending the current broadcast arrangements for the NBA’s preseason games in China. Tencent, which owns the digital streaming rights for NBA in China, said it would also “temporarily suspend” the preseason broadcast arrangements. It follows a tweet made by Houston Rockets General Manager Daryl Morey in which […] Read more
In Online marketing, having the skill of writing product quality review is critical. However, useful product review simply helps you promote the sale of the newly launched product. A good product review should be useful and engaging so people can know every aspect of the product. It should not be an extended version of “I […] Read more
The U.S. and the U.K. have signed a first-of-its-kind agreement that will allow law enforcement agencies in the countries to access data from tech companies more quickly in criminal investigations. In a press release late Thursday, the Justice Department said the historic agreement will “dramatically speed up investigations by removing legal barriers to timely and […] Read more
Zuckerberg blasts Elizabeth Warren’s plan to break up Facebook and says it’s an ‘existential’ threat
Facebook CEO Mark Zuckerberg addressed the company’s challenges in two hours of leaked audio from internal meetings published in part by The Verge on Tuesday. The audio from two July Q&A meetings with employees provides a glance into Zuckerberg’s thoughts on key issues facing his company while not under the spotlight of press cameras or […] Read more
With the U.S. 2020 presidential election looming, Facebook on Tuesday said it will not fact check or remove content posted posted by politicians even if it is in violation of the company’s rules. The company will treat speech from politicians as newsworthy content that should be seen and heard, wrote Nick Clegg, Facebook’s vice president […] Read more
Facebook takes another crack at smart home market with Portal TV, combining video chat and streaming
Facebook on Wednesday unveiled a new video chat and streaming device called Portal TV, as the social network pushes to seek traction in the smart home market. The device comes with a camera and microphones and allows users to make video calls from their televisions over WhatsApp and Facebook Messenger, as well as to stream […] Read more
France is taking aim at big U.S. tech firms again — this time in the direction of Facebook’s proposed cryptocurrency libra. Speaking at an OECD conference in Paris Thursday, French Finance Minister Bruno Le Maire said libra would put the sovereignty of governments at risk. “All these concerns around libra are serious. So I want […] Read more
WeWork’s parent company, the We Company, made a splash earlier this week with the release of its much-anticipated IPO prospectus. The company’s S-1 lays the groundwork for what is widely expected to be one of the largest initial public offerings of the year, second only to Uber’s IPO in May. It’s also filled with unusual […] Read more
