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Facebook answers how Libra taxes & anti-fraud will work

Facebook provided TechCrunch with new information on how its cryptocurrency will stay legal amidst allegations from President Trump that Libra could facilitate “unlawful behavior.” Facebook and Libra Association executives tell me they expect Libra will incur sales tax and capital gains taxes. They confirmed that Facebook is also in talks ...

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Cisco acquires Acacia Communications for $2.6 billion

Tech news roundup: Amazon Prime Day, EA gaming service’s vulnerabilities, and multicloud basics This week’s TechRepublic and ZDNet news stories include the brand battle between Apple and Microsoft, Word documents containing malicious links, and the future of on-premises databases. Read more: https://zd.net/2xqQ0Hn Cisco said it will acquire Acacia Communications in ...

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