PayPal drops out of Fb's Libra virtual forex venture

Social media large's plan to increase another bills gadget has drawn fireplace from regulators and Congress
Social media giant's plan to develop an alternative payments system has drawn fire from regulators and Congress

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Author: Cbsnews

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Cbsnews has recently written 11 articles on similar topics including :
  1. "Swipe left? TechCrunch says more than 400 million unique IDs and phone numbers of Facebook users exposed on a server". (September 5, 2019)
  2. "Facebook will be testifying over two days in Congress as lawmakers express concerns on the social media platform's new cryptocurrency, Libra. CBS News contributor and Wired editor-in-chief Nick Thompson joined CBSN AM to discsuss". (July 16, 2019)
  3. "The Department of Homeland Security is already investigating another social media group that shared mocking images of migrants". (July 5, 2019)
  4. "Facebook has recently relaxed its rules on political ads, making it easier for campaigns to post content with false or misleading claims. The move is drawing scrutiny as the 2020 race gains steam. Sara Fischer, media reporter for Axios, joined CBSN to discuss". (October 8, 2019)
  5. "Hazmat crews in California are expecting results back Tuesday after a suspicious package possibly containing a deadly poison was found near Facebook’s main campus. Nikki Battiste reports". (July 2, 2019)
  6. "Facebook and Twitter are blocking accounts from China that the companies say spread misinformation against pro-democracy protestors in Hong Kong. Axios media reporter Sara Fischer joined CBSN with more on this, and an exclusive Facebook report". (August 20, 2019)
  7. "The company is partnering with big names like Visa, Mastercard, Uber and Spotify to create a new global cryptocurrency". (June 18, 2019)
  8. "A look back at what we've been covering on "CBS This Morning". (July 2, 2019)
  9. "Facebook says it has halted a program in which it paid contractors to listen to and transcribe audio clips from its users, after a Bloomberg report exposed the practice". (August 14, 2019)
  10. "At a town hall with Facebook executives, civil rights leaders pressed the social media giant to further address hate speech. This comes just days after Facebook announced that it wouldn't block any content posted by politicians, including content that violates hate speech rules. Color Of Change president Rashan Robinson speaks with CBSN about Facebook's policies". (September 29, 2019)
  11. "Casey Newton, a Silicon Valley editor for The Verge, joins CBSN's Reena Ninan to discuss his new article on the horrific work conditions faced by Facebook's content moderators who work as contractors. (Warning: This video contains content some may deem graphic and violent)". (June 21, 2019)
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