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Mark Zuckerberg’s Libra hearing was a grilling about why people don’t trust Facebook

Mark Zuckerberg’s Libra hearing was a grilling about why people don’t trust Facebook

Wednesday was open season on Mark Zuckerberg and Facebook — this time in the halls of the US Congress. Sixty different politicians had five minutes each to grill Zuckerberg about whatever they wanted, and they jumped at the opportunity to try and test him at yet another politically delicate moment in his company’s history. With…
Zuckerberg’s Libra congressional hearings: watch the live stream

Zuckerberg’s Libra congressional hearings: watch the live stream

On Wednesday, Facebook CEO Mark Zuckerberg will answer questions from Congress about the company’s latest venture into blockchain and cryptocurrency, Libra. The hearing comes after months of heated debates from lawmakers on both sides of the aisle who are concerned about whether Facebook should create its own global currency. The head of the Libra Project,…
Libra keyboard design will change to avoid Brydge patent, creator says

Libra keyboard design will change to avoid Brydge patent, creator says

The team behind the Libra keyboard says it will change the product’s hinge design to avoid a patent owned by Brydge, which is known for making iPad keyboard attachments. Libra’s creator, Sentis, said it “would like to apologize publicly” in response to Brydge’s complaint, and that it does not expect product delays because of the…
Libra’s Ranks Shrink Again as Crypto Group Appoints a Board

Libra’s Ranks Shrink Again as Crypto Group Appoints a Board

Libra could use a return to balance. Even by Facebook standards, it’s been a tumultuous few weeks for the company’s nascent cryptocurrency effort. First came the departure of PayPal, the old haunt of Facebook blockchain guru David Marcus, from the Libra Association, the group that plans to administer the cryptocurrency. Then came six other defections,…
Libra Association announces new board members after recent departures

Libra Association announces new board members after recent departures

In Geneva on Monday, the remaining members of the Libra Association held their inaugural meeting, bringing together executives from more than 20 different companies across the world. Much of the meeting was devoted to establishing the basic governance of the new association, which before Monday had been more of a proposal than a functional institution.…
Libra keyboard creator says it’s talking to Brydge; Brydge says it’s not

Libra keyboard creator says it’s talking to Brydge; Brydge says it’s not

The maker of the Libra keyboard has told multiple Kickstarter backers that it’s “actively communicating” with Brydge regarding a lawsuit filed over the device last week. But Brydge says that isn’t true: it hasn’t actually heard from Libra’s creator, and the Kickstarter campaign hasn’t responded to Brydge’s attempts to reach out. Brydge filed a lawsuit…
Libra claims 180 potential replacements for 7 mutineers

Libra claims 180 potential replacements for 7 mutineers

Attempting to signal its popularity despite high-profile defections from Visa, Stripe, and more, the Facebook-led cryptocurrency Libra Assocation announced that 1,500 organizations have expressed interest in joining the Libra project. 180 of those meet eligibility requirements to become members, which could replace the 7 companies that dropped out of the Association this month including Kayak…
Facebook’s Libra Association has now lost a quarter of its original members

Facebook’s Libra Association has now lost a quarter of its original members

The news seems to be going from bad to worse for Facebook’s cryptocurrency project, as online travel company Booking Holdings has stepped away from the nonprofit Libra Association. As Bloomberg reports, that means seven of Libra’s original 28 members have exited the project. Facebook announced in June that it would launch Libra, an ambitious entry…
Why each Libra member’s mutiny hurts Facebook

Why each Libra member’s mutiny hurts Facebook

There’s a strategic cost to the defection of Visa, Stripe, eBay, and more from the Facebook-led cryptocurrency Libra Association. They’re not just names dropping off a list. Each potentially made Libra more useful, ubiquitous, or reputable. Now they could become obstacles to the token’s launch or growth. Fearing regulators’ inquiries not just into their Libra…
Pegging Libra just to the $ could soothe regulators, a16z says

Pegging Libra just to the $ could soothe regulators, a16z says

What if Libra wasn’t backed by a basket of international currencies, but only the dollar? Regulatory pushback to the Facebook-led cryptocurrency Libra has caused major partners including Visa, MasterCard, PayPal, and eBay to pull out of the Libra Association. But one of the remaining members has floated a major change to the stablecoin that could…

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Verizon will automatically opt Android customers into its anti-robocall app

From today, the company will auto-enroll eligible Android users to its Call Filter service. This will block high-risk calls outright, sending them to voicemail, and display calls from known spam as "Potential Spam" on their caller ID. You'll have the option to turn on blocking for these types of calls, as well as calls from…

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