The Libra Association has hired Sterling Daines to be its chief compliance officer, as the digital currency organization continues to move forward with its efforts to launch a new digital currency. Daines joins Libra from Credit Suisse, where he is a managing director and global head of financial crime compliance. The hire is aimed at reassuring regulators who are concerned that the proposed...
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Meta’s Twitch Competitor Cuts Contracts With Gaming Creators
Since 2018, Meta Platforms has paid videogamers to stream their play on Facebook’s gaming service, its alternative to Twitch. Now, in a new era of austerity, Meta is cutting back on those payments. Facebook Gaming in the second half of last year dropped its contracts with at least 200 creators that paid them to spend time streaming on the web service, according to two people with direct...
Chinese Online Retail Giant JD.com Retreats in Southeast Asia
China’s Baidu to Launch ChatGPT-like Service
Amazon Fresh Hikes Grocery Delivery Fees
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