Latest about Facebook

Report: Facebook’s Libra Cryptocurrency Partners Inching Away as Regulators Near
By Lucian Armasu published
Some of the backers of Facebook's Libra digital currency are considering terminating their partnership with Facebook to avoid government scrutiny.

Report: FTC Investigating Facebook's Many Acquisitions
By Nathaniel Mott published
After narrowly approving a $5 billion settlement for the Cambridge Analytica scandal, the FTC is now conducting an antitrust investigation into Facebook.

Huawei's CEO Advocates for China's Answer to Libra
By Nathaniel Mott published
Huawei CEO Ren Zhengfei said in an interview with an Italian website that he thinks China would be able to compete with Facebook's cryptocurrency, Libra.

US DOJ Launches Antitrust Review of Amazon, Facebook, Other Tech Giants
By Lucian Armasu published
The U.S. DOJ announced that it's reviewing the big tech companies, including Amazon, Facebook, Google and Apple, over antitrust issues.

Facebook to Pay $5 Billion for Cambridge Analytica Scandal
By Nathaniel Mott published
The Federal Trade Commission (FTC) reportedly approved a $5 billion settlement with Facebook over the Cambridge Analytica scandal that erupted in 2018.

U.S. Government Takes Aim At Facebook's Libra Digital Currency
By Lucian Armasu published
US Lawmakers Ask Facebook to Suspend Libra Cryptocurrency
By Lucian Armasu published
U.S. House representatives has called on Facebook to immediately suspend the development of its Libra digital currency. Facebook hasn't responded yet.

Facebook Developing Libra Cryptocurrency to 'Reinvent Money'
By Nathaniel Mott published
Facebook announced a new subsidiary focused on financial services, Calibra, and the accompanying Libra cryptocurrency.
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