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Facebook’s regulation dodge: Let us, or China will

Facebook is leaning on fears of China exporting its authoritarian social values to counter arguments that it should be broken up or slowed down. Its top executives have each claimed that if the U.S. limits its size, blocks its acquisitions or bans its cryptocurrency, Chinese company’s absent these restrictions will ...

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Highlights from Facebook’s Libra Senate hearing

not a default, it is an explicit choice and that permanent user intent overrules the one-off user intent of the new photo picker.n I believe that Apple should find a way to rectify this in the future by making it more clear or disallowing if people have explicitly opted out ...

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Facebook’s testimony to Congress: Libra will be regulated by Swiss

The head of Facebook’s blockchain subsidiary Calibra David Marcus has released his prepared testimony before Congress for tomorrow and Wednesday, explaining that the Libra Association will be regulated by the Swiss government because that’s where it’s headquartered. Meanwhile, he says the Libra Association and Facebook’s Calibra wallet intend to comply ...

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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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N26 launches its challenger bank in the US

N26 launches its challenger bank in the US – TechCrunch Romain Dillet @romaindillet / 1 day European fintech startup N26 is now accepting customers in the U.S. The company is launching a bank account with a debit card that should provide a better experience compared to traditional retail ...

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App revenue tops $39 billion in first half of 2019, up 15% from first half of last year

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HQ Trivia lays off ~20% as it preps subscriptions

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