FACEBOOK TAKES AIM AT E-COMMERCE WITH LIBRA

Facebook has unveiled plans to launch cryptocurrency called Libra next year as part of its efforts to expand beyond social networking. However, consumer privacy concerns and regulatory barriers may present significant hurdles for the move. Facebook has linked with 28 partners to form Libra Association, a Geneva-based entity governing its new digital coin to be […]

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FRANCE DEMANDS ACCESS TO FACEBOOK ALGORITHMS

France has demanded greater access to Facebook’s algorithms and authority to audit the social media company’s internal policies. This follows Facebook’s failure to curb hate speech. Facebook has been heavily criticized for its failure to remove footage of the Christchurch terrorist attacks. Facebook chief executive Mark Zuckerberg met French President Emmanuel Macron to show his […]

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