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Libra exec promises Facebook’s plan isn’t to replace existing currencies

The Libra Association really wants us to know that Facebook cryptocurrency is not being created to replace existing currencies. Manager Director Bertrand Perez, speaking at a blockchain conference hosted at the United Nation headquarters in Geneva today, said: “We are not in the area of implementing any monetary policy with the (Libra) Reserve. äàëüøå »

2019-9-27 14:06


This game shows you how bots and trolls spread fake news on social media

Social media platforms off late have come under criticism for poisoning public discourse, even to the extent of getting labeled as “toxic swamps full of trolls, liars and bots. ” But as Facebook and Twitter become a conduit for bad actors to manipulate news, set agendas, and propagate toxic viewpoints, they’ve moved far from being just a space to share “what’s on your mind. äàëüøå »

2019-9-27 13:33


Study: Weaponized misinformation from political parties is now a global problem

Social media, a tool created to guard freedom of speech and democracy, has increasingly been used in more sinister ways. From its role in amplifying political disinformation in elections, to inciting online violence, and lowering the levels of trust in media — Facebook isn’t just a space to share “what’s on your mind,” and you’d be naive to believe so. äàëüøå »

2019-9-26 12:45


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Japan doesn’t want to fight Facebook’s ‘cryptocurrency’ Libra on its own

Facebook‘s controversial ‘cryptocurrency‘ Libra is facing yet more scrutiny after the governor of Japan’s central bank called for international cooperation to regulate it. According to Reuters, Haruhiko Kuroda, the Bank of Japan‘s governor, told business leaders in Osaka that a joint, international effort was crucial. äàëüøå »

2019-9-24 14:27


Businesses can now schedule Instagram posts and IGTV videos with Facebook — here’s how

Welcome to TNW Basics, a collection of tips, guides, and advice on how to easily get the most out of your gadgets, apps, and other stuff. Earlier this week, Facebook released a new update for its Creator Studio, allowing businesses on the platform to schedule Instagram posts and IGTV videos up to at least six months in advance. äàëüøå »

2019-9-21 12:00


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China is following Facebook’s playbook to issue a centralized digital currency

China‘s upcoming state-controlled digital currency is to be similar to Facebook‘s proposed coin, which makes total sense, because Libra isn’t really a cryptocurrency. Mu Changchun, deputy director of payments at China‘s central bank, explained the country was issuing its digital currency “to protect our monetary sovereignty and legal currency status,” Reuters reports. äàëüøå »

2019-9-6 15:44


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European Central Bank bigwig outlines why Facebook’s Libra isn’t real cryptocurrency

A representative of the European Central Bank (ECB) has slammed Facebook‘s quasi-cryptocurrency Libra, referring to its proposed ecosystem as a “siren call. ” Yves Mersch, Luxemborgian lawyer and ECB executive board member, even told attendees of the European System of Central Banks’ legal conference the Libra ecosystem will be “cartel-like. äàëüøå »

2019-9-2 15:36


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Facebook’s ‘technical error’ in Messenger Kids allowed children to chat with adults, unsupervised

Facebook has admitted to a design flaw in Messenger Kids app that allowed young users on the platform to participate in group chats with adults, without their parents’ permission. The acknowledgement comes weeks after US Democratic senators Edward Markey and Richard Blumenthal urged the social media giant to prioritize children’s privacy and safety online. äàëüøå »

2019-8-29 09:27


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Facebook hires lobbying firm to help sweet talk cryptocurrency regulators

Facebook‘s “cryptocurrency” Libra is facing an ever growing mountain of regulatory challenges. It seems it needs a helping hand, as it’s hired a specialist firm to lobby Washington directly. According to registration documents filed earlier this week, Facebook will be represented by Washington, DC-based FS Vector LLC, a firm that specializes in regulatory compliance and public policy. äàëüøå »

2019-8-27 14:31


Google’s betting on SMS 2.0 to get its messaging groove back

Google’s gotten a lot of grief for its messaging strategy, and rightly so. While Facebook and Apple have seen their messaging platforms become indispensable to users and businesses alike, Google has launched a litany of apps whose pithy names (Buzz, Wave, Allo, Hangouts, and the list goes on) couldn’t save them from the dustbin of chat history. äàëüøå »

2019-8-25 19:00


4chan users pose as Jews to peddle anti-Semitic propaganda on Twitter

A group of 4chan users have taken to Twitter, impersonating Jews and promoting anti-Semitic conspiracy theories following a call to arms on the popular message board. In the original post, the unknown user urged readers to “create a massive movement of fake Jewish profiles on Facebook, Twitter” and other social media platforms. äàëüøå »

2019-8-22 04:15


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Facebook lets you (sorta) control what info it gets from other sites

Facebook is offering new privacy tools that allow users to personally manage how much dirt on your browsing and spending habits Facebook gets from other websites — in theory, at least. Have you ever been browsing Facebook and noticed an ad for something you were looking up on another website not five minutes ago? If you’re like me, you immediately cringe in recognition of just how much Facebook has access to. äàëüøå »

2019-8-21 21:04


Binance to launch a blockchain for fiat-backed stablecoins, but who even cares?

Cryptocurrency exchange Binance has been announced launch of a new blockchain and it’s called project “Venus. ” I’m not sure why it chose that name because Venus has no moons. Sad. In an announcement published this morning, Binance described Venus as an “initiative to develop localized stablecoins and digital assets pegged to fiat currencies across the globe. äàëüøå »

2019-8-19 15:16


Facebook is finally testing Dark Mode

From Android to iOS, and from Twitter to Slack, almost every app now has a dark mode. The only app that hasn’t joined the dark side is Facebook’s main app. However, according to reliable app leaker Jane Manchun Wong, the social network giant is now testing dark mode on its Android app Wong also took to twitter to share some of the early screenshots of the under-the-works feature. äàëüøå »

2019-8-13 11:25


FBI proposal outlines plans for large scale collection of social media data

The Federal Bureau of Investigation (FBI) is planning to step up its efforts to monitor social media platforms more aggressively in order to detect potential threats. The move, according to the Wall Street Journal, clashes with Facebook’s privacy policies and “possibly its attempts to comply with a record $5 billion settlement with the U. äàëüøå »

2019-8-13 10:03


FBI proposal outlines plans for large-scale collection of social media data

The Federal Bureau of Investigation (FBI) is planning to step up its efforts to monitor social media platforms more aggressively in order to detect potential threats. The move, according to the Wall Street Journal, clashes with Facebook’s privacy policies and “possibly its attempts to comply with a record $5 billion settlement with the U. äàëüøå »

2019-8-13 10:03


The Trump administration drafted an executive order to censor the internet

CNN has obtained a draft of an executive order that could potentially censor huge portions of the internet. In an attempt to stop a perceived “bias” against conservatives, Trump’s plan attempts to strip certain protections from companies like Facebook and Twitter, particularly those protected under Section 230 of the Communications Decency Act (CDA). äàëüøå »

2019-8-13 04:13