San Francisco, United States | AFP | Facebook’s digital currency alliance lost more companies on Friday amid heavy criticism from regulators around the world on the planned Libra global cryptocurrency. Credit card giants Visa and Mastercard, online marketplace eBay and digital payments firm Stripe each announced they had changed their minds …
Read More »Zuckerberg’s Facebook extends fact-checking programme to Uganda
Paris, France | AFP | Facebook on Tuesday announced the expansion of its third-party fact-checking programme to 10 new African countries in partnership with Agence France-Presse and other media. The programme will be available in Ethiopia, Zambia, Somalia and Burkina Faso in partnership with AFP; in Uganda and Tanzania …
Read More »Blow as PayPal abandons Facebook-backed Libra cryptocurrency group
San Francisco, United States | AFP | Pioneering digital payments firm PayPal on Friday said it is abandoning an alliance intended to oversee the Facebook-backed Libra cryptocurrency, which has come under attack by regulators. “PayPal has made the decision to forgo further participation in the Libra Association at this time,” …
Read More »US, allies push Facebook for access to encrypted messages
San Francisco, United States | AFP | The United States, Britain and Australia have called on Facebook to give authorities the ability to circumvent encryption used in its messaging services — a measure opposed by the social media giant. Facebook has been dogged by several privacy scandals in recent years and …
Read More »EU governments, Uganda’s Kasaija warn about crypto-currencies
Kampala, Uganda | THE INDEPENDENT & AFP | A day after Uganda’s Finance Minister Matia Kasaija warned about the use of crypto-currencies, European governments are asking questions about Libra, forcing Facebook’s partners to reconsider. Mastercard, Visa and other financial partners being enlisted to oversee Facebook-backed cryptocurrency Libra are having second thoughts …
Read More »Fear spreads as digital threats multiply ahead of 2020 US elections
Washington, United States | AFP | It could be a manipulated video embarrassing a candidate. Or a computer voting system locked by ransomware. Or doubts about electronic voting machines with no paper backups. As Americans prepare for 2020 elections, digital threats to election security are multiplying, stoking fears of a …
Read More »Zuckerberg meets US senators, rejects call to break up Facebook
Washington, United States | AFP | Facebook chief executive Mark Zuckerberg met privately with members of Congress Thursday on a political reconnaissance mission to Washington, where he rejected calls for him to break up the world’s biggest social network. Zuckerberg’s visit with policymakers comes as Facebook faces a myriad of …
Read More »French winemakers jittery over Trump tariff threats ahead of G7
Paris, France | AFP | French winegrowers are on tenterhooks as they wait to see whether Donald Trump will follow through with his repeated threats to raise tariffs on French wine in retaliation for the new GAFA tax. As the leaders of the world’s richest countries gather for the G7 opening …
Read More »Facebook-backed research sees progress linking minds, machines
San Francisco, United States | AFP | Facebook-backed researchers have managed to translate brain signals into spoken words, bringing the social network’s vision of linking brains and machines closer to reality. A study published this week by University of California-San Francisco scientists showed progress toward a new type of brain-computer interface. …
Read More »Facebook’s Libra prospects dim, but cryptocurrencies roll on
Washington, United States | AFP | Facebook’s planned global digital coin Libra has run into a wall of opposition in Washington that could prevent its launch as envisioned, but analysts say cryptocurrencies are likely to make gains around the world nonetheless. The plan by Facebook and its partners has generated skepticism …
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