Facebook’s Libra , a global payments system based on cryptocurrency, was unveiled June 18. When it launches next year, the gated community of 2 billion will soon have its own currency. And the global payments world will never be the same. Source: This Is What Investors Are Getting Wrong About Facebook’s...
Facebook slides after states launch new antitrust probe, intensifying scrutiny on big tech (FB)
Shares of Facebook sunk more than 2% on Friday after New York Attorney General Letitia James said her office is coordinating a multi-state antitrust probe into the company.The probe is expected to look at how Facebook has handled consumer data and whether or not the company has stifled competition, according...