Tag: Facebook

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

Apple is about to face more scrutiny from European regulators about whether or not the tech titan asked online sales companies to use Apple Pay rather than rival payment services.

Mark Zuckerberg endured a serious grilling this week as lawmakers around the world continue to express their concerns about Libra.

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.

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.

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.

Facebook’s cryptocurrency project has faced a lot of political and regulatory backlash since being announced in June. Now it has hired FS Vector, the public policy advisory firm, to lobby on its behalf in Washington.

Democratic representative Maxine Waters and five other lawmakers are going to meet Switzerland’s top data protection regulator in a meeting focusing on Facebook’s upcoming cryptocurrency Libra.

Facebook-owned WhatsApp plans to introduce a digital payment service in India. As part of the process, the country is reviewing an audit report from the company.

Slow Ventures, a Californian VC firm founded by former Facebook execs, is out eyeing up to $235m for a pair of new funds.