Why each Libra member’s mutiny hurts Facebook

There’s a strategic cost to the defection of Visa, Stripe, eBay, and more from the Facebook-led cryptocurrency Libra Association. They’re not just names dropping off a list. Each potentially made…

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California’s Privacy Act: What you need to know now

This week California’s attorney general, Xavier Becerra, published draft guidance for enforcing the state’s landmark privacy legislation. The draft text of the regulations under the California Consumer Privacy Act (CCPA)…

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Pegging Libra to just the $ could soothe regulators, a16z says

What if Libra wasn’t backed by a basket of international currencies, but only the dollar? Regulatory pushback to the Facebook-led cryptocurrency Libra has caused major partners — including Visa, Mastercard,…

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Cryptocurrency’s bad day continues as the SEC blocks Telegram’s $1.7 billion planned token sale

Cryptocurrency’s bad news day continues to get worse as the U.S. Securities and Exchange Commission has said it has filed an emergency action and received a restraining order for the…

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EBay, Stripe and Mastercard drop out of Facebook’s Libra Association

Oof — a week after PayPal announced plans to part ways with Facebook’s Libra cryptocurrency project and the related association of the same name, three more names are reportedly breaking…

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Trump gets on Twitch

The reelection campaign will be live-streamed. US president Donald Trump has joined Amazon-owned live-streaming platform Twitch. Twitch is best known as a social video streaming platform for gamers but does…

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New Vector scores $8.5M to plug more users into its open, decentralized messaging Matrix

New Vector, a European startup founded in 2017 by the creators of an open, decentralized communications standard called Matrix to drive adoption and grow an ecosystem around an alternative messaging…

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Facebook sure does love free $peech

Ensuring politicians in the 2020 election stay truthful is hard work, so Facebook has decided it’s going to sit this one out. Joe Biden’s campaign team sent a letter to…

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Silicon Valley’s competing philosophies on tech ethics with The New Yorker’s Andrew Marantz

“If Silicon Valley is going to keep telling itself the story that the only uses of their technology will be the most optimistic, the most hopeful, the most salubrious, the…

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Instagram launches Create mode with On This Day throwbacks

Instagram has finally turned Throwback Thursday into an official feature. It’s part of the new Instagram “Create” mode that launches today in Stories, bringing the app beyond the camera. Create…

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