• How Facebook's Libra is similar in concept and motivation to Kik's Kin cryptocurrency

    4 monthes ago - By Tech Crunch

    Facebook unveiled its Libra cryptocurrency initiative today , which is part of an alternative financial system (including new subsidiary and wallet ‘ Calibra ‘) it aims to build alongside industry and academic partners including MasterCard, PayPal, Visa, Uber, Andreessen Horowitz and Creative Destruction Lab. Facebook's plans for Libra sound ambitious, risky and novel - but a predecessor exists that can shed light on some of the company's motivations, and possibly the shape it wants the project to ultimately take.
    I'm talking about Kik's Kin, the other cryptocurrency created by a social...
    Read more ...

     

  • Facebook's Libra Wanders Into the Bitcoin Bear Trap

    4 monthes ago - By Washington Post

    Putting aside all of the cryptocurrency risks, there are already lots of ways to transfer cash digitally. Does Libra offer anything new?
    Read more ...

     

  • Mark Zuckerberg's 'shadow bank': The pushback against Facebook's new cryptocurrency has already begun

    Mark Zuckerberg's 'shadow bank': The pushback against Facebook's new cryptocurrency has already begun

    4 monthes ago - By Business Insider

    Facebook announced the launch of its new cryptocurrency, Libra, on Tuesday. But the critics already have their doubts.
    France's finance minister was among the first to voice his misgivings over Libra, saying it must not be allowed to become a "sovereign currency."
    He has asked the governors of the G7 central banks to prepare a report on Libra for mid-July.
    Politicians in Germany and Italy also voiced concern, with one saying Facebook could become a "shadow bank."
    Visit Business Insider's homepage for more stories.
    Within hours of Facebook announcing its new cryptocurrency Libra, lawmakers...
    Read more ...

     

  • Facebook Announces Plans To Launch Cryptocurrency Called Libra

    4 monthes ago - By NPR

    Facebook says that by next year people on apps like Whatsapp and Messenger will be able to basically text payments. This news comes as regulators are asking if the tech giant is already too powerful.
    Read more ...

     

  • Microsoft will fix your sexist PowerPoint presentations with AI

    4 monthes ago - By Fast Company

    A new AI coach will help you think and speak more inclusively.
    Since 2015, a small AI feature inside PowerPoint has quietly revolutionized the way we work. A tool called PowerPoint Designer analyzes images and words to automatically suggest a handful of visually pleasing layouts-and even turn text into complex timelines-in an attempt to turn everyone into a PowerPoint ace. To date, users have chosen over a billion of these AI-generated slides to be used in presentations. Now, Microsoft is thinking about how AI can continue to make PowerPoint better: to not just make our PowerPoints...
    Read more ...

     

  • Mark Zuckerberg Is About To Become The Head Of A Swiss Bank. 3 Reasons It Should Make You Think

    4 monthes ago - By Forbes

    Libra is the new Facebook cryptocurrency and unlike others, it has the right components to potentially rock our daily lives. Facebook and its stoic founder Mark Zuckerberg might have a very big grin on its face when this is all settled
    Read more ...

     

  • Western Union stock tanks after Facebook unveils Libra cryptocurrency

    4 monthes ago - By Fast Company

    There's a new cross-border payments player in town.
    This morning, Facebook finally went public with its big blockchain plans. Its new project, called Libra, is absolutely ambitious and, like all things Facebook, has the distinct possibility of taking a dark turn. But never mind all that because cryptocurrency enthusiasts are likely thrilled; one of the most powerful tech companies in the world is partnering with dozens of other business titans to create a digital currency built atop the blockchain.
    Read more ...

     

  • Explainer: 'Stablecoins' in the spotlight as Facebook unveils Libra cryptocurrency

    4 monthes ago - By Reuters

    The original cryptocurrency accounts for over half of the $285 billion global coin trading market. But that dominance is under threat, with a host of alternative digital coins emerging as developers race to build cryptocurrencies able to enter mainstream commerce and finance.
    Read more ...

     

  • Facebook takes aim at e-commerce with Libra cryptocurrency

    4 monthes ago - By Reuters

    Facebook plans to launch a cryptocurrency called Libra next year as part of its wider efforts to expand beyond social networking into e-commerce and global payments.
    Read more ...

     

  • Facebook just unveiled its new Libra cryptocurrency - here's how to sign up for early access

    Facebook just unveiled its new Libra cryptocurrency - here's how to sign up for early access

    4 monthes ago - By Business Insider

    Facebook unveiled its digital currency Libra on Tuesday, which the company plans to launch publicly in 2020.
    Although the financial service isn't launching yet, the company is allowing users to sign up to be notified about early access.
    Libra represents a big push for Facebook into the financial services industry, coming at a time when privacy concerns about how Facebook handles consumer data are higher than ever.
    Visit Business Insider's homepage for more stories.
    Facebook unveiled its long-anticipated digital currency Libra on Tuesday, marking the company's biggest push into the payments...
    Read more ...

     

  • Bitcoin spikes to its highest level in a year after Facebook unveils crypto plan

    Bitcoin spikes to its highest level in a year after Facebook unveils crypto plan

    4 monthes ago - By Business Insider

    Bitcoin's price rose as high as $9,477 over the last 24 hours after Facebook announced it's new cryptocurrency Libra.
    Ethereum and Ripple also hit multi-month highs during the same period.
    Facebook's push into cryptocurrency is renewing optimism that digital currencies could become widely accepted by consumers large companies.
    Watch Bitcoin trade live .
    Bitcoin soared to a year-to-date high and reached its loftiest level since May 2018 following Facebook's announcement of its cryptocurrency project Libra .
    Other cryptocurrencies such as Ethereum and Ripple also responded positively to the...
    Read more ...

     

  • Facebook shares jump on Libra plan, which could make it a major e-commerce, banking player

    4 monthes ago - By CNBC

    Facebook shares rose in premarket trading after the tech giant unveiled its part in a new digital currency.
    Read more ...

     

  • Mark Zuckerberg asks people to trust that Facebook's new cryptocurrency will keep your money safe

    Mark Zuckerberg asks people to trust that Facebook's new cryptocurrency will keep your money safe

    4 monthes ago - By Business Insider

    Facebook has announced a new cryptocurrency, Libra, and set up a digital wallet subsidiary called Calibra to let people spend and save the currency.
    Facebook CEO Mark Zuckerberg has promised that Calibra will not put peoples' money or privacy at risk, and that transaction data would not be shared with Facebook.
    This isn't strictly true if you read Calibra's terms and conditions, which state Facebook may use some data to prevent crime and improve products.
    Facebook will also share some anonymised aggregated information with Calibra, according to the terms, to study things like internet...
    Read more ...

     

  • Facebook's Libra Cryptocurrency Needs More Friends

    4 monthes ago - By Washington Post

    Advertisers don't look convinced by the social network's plans for a stablecoin.
    Read more ...

     

  • Here's what Facebook's new cryptocurrency Libra will look like and how it will work

    Here's what Facebook's new cryptocurrency Libra will look like and how it will work

    4 monthes ago - By Business Insider

    Facebook announced on Tuesday that it is launching its own cryptocurrency, Libra, in 2020.
    Facebook has set up a new company called Calibra to manage it, as well as an independent "Libra Association" to govern the currency along with a few dozen founding members.
    Here is what we know so far about what Libra will look like and how it will work
    Visit Business Insider's homepage for more stories.
    It's official, Facebook's making its own currency.
    The social network on Tuesday unveiled Libra , the secretive cryptocurrency it's been working on for more than a year. The currency is being backed...
    Read more ...