Facebook’s mission is to “bring the world closer together.” Increasingly, that’s not just about connecting friends and family to share messages, but also serving as a platform for people’s financial lives. Some $100 billion in […]
Each week, we review the week’s news, offering analysis about the most important developments in the tech industry. Want this newsletter in your inbox? Sign up here. Hi, I’m Jamie Condliffe. Greetings from London. Here’s […]
Lawmakers said in a House hearing on Wednesday that Facebook’s plan to enter the world of cryptocurrency and global finance could threaten sovereign currencies or even destabilize governments. A day after a similarly critical Senate […]
Lawmakers made it clear at a Senate Banking Committee hearing on Tuesday that they believe the biggest roadblock to Facebook’s plan to enter the world of cryptocurrency and global finance is the company’s reputation. Facebook’s […]
Facebook is facing a growing chorus of doubts about its new Libra cryptocurrency project from authorities around the world, ahead of two congressional hearings on the initiative next week. On Wednesday, the chair of the […]
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