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Fb’s Libra ‘cryptocurrency’ is popping right into a cleaning soap opera — and it’s gonna be an extended season

Fb’s debatable ‘cryptocurrency’ undertaking is popping into slightly of a cleaning soap opera, starring the tech massive and regulators as the principle characters.
Facebook’s controversial ‘cryptocurrency’ project is turning into a bit of a soap opera, starring the tech giant and regulators as the main characters.

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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 11 articles on similar topics including :
  1. "The operation reportedly used AI-generated Facebook profile photos to spread government propaganda about Beijing's interests in the South China Sea". (September 23, 2020)
  2. "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)
  3. "Facebook finally adds Holocaust denial and distortion to its list of banned topics, two years after Zuckerberg infamously said it wouldn't". (October 13, 2020)
  4. "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)
  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. "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)
  7. "Exxon, Comcast, and other companies target people of different political leanings with different ads on Facebook. Here's how that works". (April 14, 2021)
  8. "It was only a matter of time: Facebook today launched an experimental Clubhouse competitor called Hotline, looking to capitalize on the increasingly popular social media format. As reported by TechCrunch,Hotline was developed by Facebooks NPE (New Product Experiment) division, which regularly doles out apps with new ideas (or, in this case, not so new)". (April 8, 2021)
  9. "Back in August, Facebook announced it would begin banning posts related to the QAnon conspiracy movement that supported acts of violence. Since then, the company has removed over 1,500 Pages and Groups for QAnoncontaining discussions of potential violence and over 6,500 Pages and Groups tied to more than 300 Militarized Social Movements". (October 6, 2020)
  10. "Facebook hasopen-sourced the first AI model that can translate between any pair of 100 languages without first translating them to English". (October 20, 2020)
  11. "Facebook is rolling out a new tab in its main app called Facebook Shop. The company had introduced a similar tab on Instagram in July after it announced Facebook Shops its feature to turn pages into stores in May". (August 25, 2020)
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