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The companies recruited by Facebook to oversee its cryptocurrency are slated to meet in Geneva on Monday amid mounting questions about the project. Five high-profile corporate partners in Libra dropped out on Friday, the latest blow to the initiative that has faced skepticism from the start from authorities around the world.
Adding to the doubts surrounding the cryptocurrency, people ...
When U.S. Attorney General William Barr urged Facebook CEO Mark Zuckerberg last week to hold off on a plan to bolster encryption of its messaging services, the social networking giant fought back, saying it strongly opposes creating a loophole that would allow government access to users’ communications.
Elsewhere in the tech industry, the silence was striking. Neither Google nor Apple, ...
Facebook’s burgeoning hardware group, its digital currency team and the executives leading Instagram are among the highlights of this updated org chart for the company, which identifies roughly 180 of the most senior people at Facebook.
The chart—which is based on Facebook’s internal org chart and supplemented by additional reporting by The ...
Sen. Elizabeth Warren’s claim on Tuesday that Facebook has “bulldozed competition” reflects a view that is driving an antitrust investigation into the social network giant. It’s a little ironic, then, that two of Facebook’s highest-profile rivals, Snap and Twitter, have lately been doing better than they have in a long time.
To be sure, both companies might be much ...
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