Tag: Facebook

Facebook is accused of discriminating against female financial services consumers

Mark Zuckerberg’s legal woes do not seem limited to getting regulators to approve of Libra, but now Facebook is facing accusations of discriminating against women and old consumers.

Facebook to sue cybersecurity company after alleged hack on WhatsApp

Facebook is reportedly suing cybersecurity company NSO Group, claiming the company hacked WhatsApp users earlier in 2019.

EU antitrust regulators put Apple Pay in its crosshairs

Apple is about to face more scrutiny from European regulators about whether or not the tech titan asked online sales companies to use Apple...

What will tech titans entering the FinTech sector mean for competition,...

Uber has taken another step into FinTech scene. As other big tech firms are also viewing the opportunities of the sector, the industry might change considerably.

Why are lawmakers worried about the Facebook-backed cryptocurrency Libra?

Mark Zuckerberg endured a serious grilling this week as lawmakers around the world continue to express their concerns about Libra. The Facebook CEO did not...

JPMorgan and Goldman Sachs reportedly refused involvement with Facebook-backed cryptocurrency Libra

Investment banks JPMorgan and Goldman Sachs are no strangers to betting on big tech ventures, but even they seem to have shunned Libra.

Libra has lost another backer, but claims it has 180 replacements...

The Facebook-backed cryptocurrency project Libra names five people to its association board as another backer jumps ship.

Libra co-creator gets into Twitter-spat after Stripe, Mastercard and Visa abandon...

Things are not looking stellar for Libra as several backers have pulled out of the cryptocurrency project as the regulatory pressure against it is mounting.

EU’s finance commissioner promises to introduce new cryptocurrency laws in response...

Facebook’s cryptocurrency may be facing more regulatory supervision as the EU’s finance commissioner has pledged to introduce new law proposals for digital money.

ECB top: “Libra has undoubtedly been a wakeup call for central...

Benoît Cœuré, executive board member of the European Central Bank, has told the German Bundestag that stablecoins like Facebook’s Libra initiative come with both risks and opportunities.

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