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Latest Facebook publications


Mastercard R&D boss says Facebook digital currency has ‘good intentions’

Ken Moore said Mastercard believed the social network was trying to remove some of the challenges around cryptocurrency Facebook’s new digital currency has “good intentions” in wanting to remove some of the challenges around cryptocurrencies, a Mastercard executive has said. The social network has announced plans to launch its Libra digital currency as part of… Read More


Facebook exec grilled by US Senate over Libra currency

Executive David Marcus faced criticism from the Banking, Housing and Urban Affairs Committee The chief of Facebook’s new digital currency has said it understands “loud and clear” that people do not want financial details connected to their social media data. David Marcus was grilled by US senators who expressed concern about Facebook’s planned cryptocurrency Libra,… Read More


US Federal Trade Commission approves $5bn Facebook fine

The 5 billion dollar fine would be the largest the US Federal Trade Commission has levied on a technology company The US Federal Trade Commission has voted to approve a fine of about 5 billion dollars for Facebook over privacy violations, the Wall Street Journal has reported. Facebook declined to comment on the story which… Read More


France approves tax on “Big Tech” despite US threats

Google, Amazon and Facebook could be affected by the new tax France has adopted a pioneering tax on internet giants like Google, Amazon and Facebook despite US threats of new tariffs on French imports if Paris went ahead with the plan. On Wednesday, the Trump administration announced an investigation into the tax under the provision… Read More


Libra cryptocurrency users don’t have to trust Facebook, says social media giant

Facebook stressed it will not control the new digital currency and users don’t need to trust Facebook in order to use it Facebook will not control the new Libra cryptocurrency it has launched or the network around it, the social media giant’s lead on the project has said. David Marcus said Facebook will have no… Read More



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