Instagram is planning to give its users the choice of whether they see the number of “likes” on their posts, a scaled-back version of a project tested on certain users that would eliminate public likes altogether. The social media platform has been experimenting with making likes private since 2019, when Instagram head Adam Mosseri announced plans to test the change in certain countries. He...
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Why the CFTC’s Binance Lawsuit Is Good News for Coinbase
Privately held crypto exchanges are setting new lows in corporate governance. If you thought the initial bankruptcy filing for Sam Bankman-Fried’s FTX was stunning in what it revealed about how that company was run, check out the Commodity Futures Trading Commissions lawsuit against Binance today. Here’s a business empire controlled by one person, Changpeng Zhao, which has no board of directors...
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