July 2019

Bitcoin falls sharply as Fed’s Powell flags ‘serious concerns’ about Facebook’s cryptocurrency

July 11th, 2019|Tags: , , , , , , , , , , , , , , , , , |

Managed to get this shot about halfway through my hike the other day. I peaked the trail I was on to discover a deserted reservoir, not a person in sight. Ended up jumping the wall surrounding it to shoot some stuff, resulting in this image. Luke.x

Bitcoin is sliding after Federal Reserve Chairman Jerome Powell poured cold water on Facebook’s plans to launch a cryptocurrency.

Original article

June 2019

Facebook Says Libra Can Change the World. It Needs to Convince Users.

June 26th, 2019|Tags: , , , , , , , , , , , , , , , |

Facebook has big plans to remake the financial system with its cryptocurrency-based payments network. But persuading people to adopt a brand-new technology could be tough.

Original article

Facebook’s cryptocurrency faced with regulatory warnings from global central bankers

June 20th, 2019|Tags: , , , , , , , , , , , , , , , , , , , , , , |

Central bankers around the world say Facebook should expect regulatory questions over its new cryptocurrency.

Original article

Facebook’s New Cryptocurrency Gets Big Backers

June 13th, 2019|Tags: , , , , , , , , , , , , , , , , , , , , , , , , |

Facebook has signed up more than a dozen companies including Visa, Mastercard, PayPal and Uber to back the new cryptocurrency that the social-media giant plans to unveil next week.

Original article

A ‘Terrible’ Idea. Amazon and Facebook Executives Say No Thanks to Breaking Up Big Tech

June 11th, 2019|Tags: , , , , , , , , , , , , , , , , |

There is growing unrest in Washington and elsewhere about the role of large technology companies in the economy. The companies themselves are not so keen on the idea of regulation.

Original article

Weighing the Antitrust Case Against Google, Apple, Amazon, and Facebook

June 8th, 2019|Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , |

Tech shares sold off on sharply on last week’s reports about anti-trust investigations. Why investors need to take a deep breath.

Original article

May 2019