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Fb faces EU grilling over Libra ‘cryptocurrency’ after dropping PayPal backing

As Fb offers with the lack of PayPal's backing for its 'cryptocurrency' Libra, the tech massive should now get in a position to respond to EU regulators' questions concerning the doable dangers posed via the undertaking.
As Facebook deals with the loss of PayPal's backing for its 'cryptocurrency' Libra, the tech giant must now get ready to answer EU regulators' questions about the potential risks posed by the project.

Original article
Original article
Author: Thenextweb

TNW is one of the world’s largest online publications that delivers an international perspective on the latest news about Internet technology, business and culture.

Thenextweb has recently written 10 articles on similar topics including :
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  2. "Facebook launched its bug bounty program in 2011. Now, the company is bringing an intriguing update to it with a loyalty program calledHacker Plus, which will reward security researchers to keep finding bugs in the social networks platform". (October 9, 2020)
  3. "At its core, Twitter hasnt changed all that much in the past few years. For the most part, people use it the same as they always have a mostly public-facing microblogging platform". (February 26, 2021)
  4. "Exxon, Comcast, and other companies target people of different political leanings with different ads on Facebook. Here's how that works". (April 14, 2021)
  5. "Facebook today posted a blog post detailing a three-year-old solution to its modern AI problems: an algorithm inspector that only works on some of the companys systems". (March 31, 2021)
  6. "Following Zuckerbergs promise that Facebook would show less political content in the future, the company has begun testing just that". (February 11, 2021)
  7. "Yann LeCun, Facebooks world-renowned AI guru, had some problems with an article written about his company yesterday. So he did what any of us would do, he went on social media to air his grievances. Only, he didnt take the fight to Facebook as youd expect". (March 12, 2021)
  8. "During Facebooks quarterly earnings call today, Mark Zuckerberg highlighted some major changes coming to Facebook. After years of being the primary news source for many people, Facebook has decided it wants to show less political content". (January 28, 2021)
  9. "If youre on Twitter, its very hard to escape discussions about Clubhouse the audio-based social network that lets you chat with other people in real-time. Its whipping up such a storm that Facebook has decided to make its own version". (February 11, 2021)
  10. "Facebook today announced a new feature called Drives. No, thats not a drive in the sense of yet another cloud storage service, but instead in the sense of clothing drive or food drive". (November 24, 2020)
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