IANS- A battery of US lawmakers bluntly told Facebook CEO Mark Zuckerberg in a hearing here to address his existing failures first before launching the digital currency Libra. In a six-hour grilling at a House Financial Services Committee hearing on Wednesday, both Democrat and Republican lawmakers expressed dissatisfaction with Facebook’s cryptocurrency plans. “As I […]
IANS- Facebook is not going to launch its digital coin Libra unless regulators are fully satisfied and all necessary approvals are in place. Under Facebook subsidiary Calibra, the social networking giant has planned to introduce a digital wallet for Libra. The wallet will be available on Messenger, WhatsApp and as a standalone app and is […]
IANS- Facebook CEO Mark Zuckerberg was likely to face a leadership vote at the social networking giant’s annual general meeting on Thursday to step down as Chairman. According to the BBC, Zuckerberg was “unlikely to lose the vote because he owns 60 percent of the company’s shares”. “However, the percentage of shareholders who vote […]
IANS – In a fresh attempt to woo children into joining its network and boost user growth, Facebook is testing a new hub called “LOL” that will let kids share and post humorous meme content. A Facebook spokesperson confirmed to TechCrunch late Friday that it was experimenting with the “LOL” hub for kids. “We […]
