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Facebook announced Libra, its very own cryptocurrency powered by blockchain technology. It is also introducing Calibra, a digital wallet for Libra. The wallet will be available in Messenger, WhatsApp and as a standalone app. Facebook expects to launch these products in 2020. For many people around the world, even basic financial services are still out of reach: almost half of
The Washington Post reported that both Facebook and Twitter said they had disabled a “sprawling disinformation campaign that appeared to originate in Iran”. It included two Twitter accounts that mimicked Republican congressional candidates and may have sought to push pro-Iranian political messages. According to The Washington Post, a private security firm called Fire Eye “did not attribute the activity to
Facebook is planning to launch GlobalCoin, its very own form of cryptocurrency, in about a dozen countries in 2020. Facebook wants to start testing GlobalCoin by the end of 2019. Facebook wants to create a digital currency that provides affordable and secure ways of making payments, regardless of whether users have a bank account. According to the BBC, Facebook will
The Trump Administration has launched a web survey for people to use if they feel they have been wrongly censored on Facebook, Instagram, Twitter, or YouTube. The survey was created with the online form-building tool Typeform. The first page of the survey says: SOCIAL MEDIA PLATFORMS should advance FREEDOM OF SPEECH. Yet too many Americans have seen their accounts suspended,
Facebook, Microsoft, and Twitter have responded to the Christchurch Call to eliminate terrorist and violent extremist content online by committing to remove that content from their social media sites. As far as I can tell, this is the first time those three companies have decided to work together on removing that type of content. In March of this year, a
Several websites have reported that Facebook has banned a group of people who have broken the company's Community Standards. More specifically, those recently banned have broken the “Dangerous Individuals and Organizations” portion of Facebook's and Instagram's Community Standards. The “Dangerous Individuals and Organizations” policy states: “In an effort to prevent and disrupt real-world harm, we do not allow any organizations
At F8 2019, Mark Zuckerberg and other Facebook executives repeated a version of the phrase “the future is private”. Personally, that particular phrase is not one I would expect to hear from Facebook, given their multitude of privacy issues that somehow seem to keep happening. Facebook Newsroom has information about some upcoming “privacy-focused” changes to Facebook's products. Mark Zuckerberg opened