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Central bank initiatives accelerate pressure on Facebook

Central bank initiatives accelerate pressure on Facebook

The Federal Reserve’s Lael Brainard this week tossed fresh regulatory pressure on Facebook’s Libra cryptocurrency project, comments that come as central banks around...
Germany orders EU to take much tougher stance on Google and Facebook | World | News

Germany orders EU to take much tougher stance on Google and Facebook | World...

Peter Altmaier, the country’s economic affairs minister, made his case in a letter to Margrethe Vestager, the EU’s competition chief. Mr Altmaier wrote:...
Factbox: Facebook's cryptocurrency Libra and digital wallet Calibra

Factbox: Facebook’s cryptocurrency Libra and digital wallet Calibra

SAN FRANCISCO/NEW YORK (Reuters) - Facebook Inc (FB.O) revealed lofty plans to establish a cryptocurrency called Libra in June, but the project quickly...
Launch of Facebook's Libra could be delayed over regulatory concerns: executive

Launch of Facebook’s Libra could be delayed over regulatory concerns: executive

GENEVA (Reuters) - The launch of Facebook’s Libra could be pushed back to tackle the regulatory concerns that have been raised around the...
U.S. dollar to be main currency underpinning Facebook's Libra: Spiegel

U.S. dollar to be main currency underpinning Facebook’s Libra: Spiegel

FILE PHOTO: U.S. one hundred dollar notes are seen in this picture illustration taken in Seoul February 7, 2011. REUTERS/Lee Jae-Won/File PhotoBERLIN (Reuters)...
France and Germany have said they will oppose Facebook’s digital currency

France and Germany have said they will oppose Facebook’s digital currency

France and Germany have formed a united front against Libra, Facebook’s proposed digital currency.The news: In a joint statement issued late last week...
Undeterred, Facebook to press on with Libra launch next year: executive

Undeterred, Facebook to press on with Libra launch next year: executive

ZURICH (Reuters) - Facebook still aims to launch its Libra digital currency next year, its executive overseeing the project told Swiss newspaper NZZ,...
moderators traumatised by radical content

moderators traumatised by radical content

Facebook moderators have revealed how they’re becoming “addicted” to extremist content, according to a new report.Some workers even say they have hoarded troves...
Revealed: catastrophic effects of working as a Facebook moderator | Technology

Revealed: catastrophic effects of working as a Facebook moderator | Technology

The task of moderating Facebook continues to leave psychological scars on the company’s employees, months after efforts to improve conditions for the company’s...
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