topic Re: Facebook and Libra in Industry News

Facebook and Libra

Caute_cautim — Wed, 10 Jul 2019 21:47:00 GMT

Has stark reality dawned or should I just turn over and go back to sleep: https://www.itnews.com.au/news/fed-chief-calls-for-facebook-to-halt-libra-project-528026?eid=1&edate=20190711&utm_source=20190711_AM&utm_medium=newsletter&utm_campaign=daily_newsletter

Will it make them review this project or will Google sneak up underneath and look legitimate?

Regards

Caute_cautim

Re: Facebook and Libra

AppDefects — Fri, 12 Jul 2019 19:47:19 GMT

On Wednesday, Federal Reserve chairman Jerome Powell warned that "Libra raises many serious concerns regarding privacy, money laundering, consumer protection and financial stability." No kidding!

Re: Facebook and Libra

Shannon — Sat, 13 Jul 2019 05:01:03 GMT

After all the scrutiny Facebook's been coming under recently, I doubt they'd allow Libra to proceed. Then again, Trump might be an avid user of Facebook, in which case anything is possible...