Facebook on Wednesday reported that its quarterly profit grew along with its user base as it grapples with concerns ranging from political ads to cryptocurrency.” data-reactid=”22″>Facebook on Wednesday reported that its quarterly profit grew along with its user base as it grapples with concerns ranging from political ads to cryptocurrency.The leading social network said its…
Month: October 2019
Streaming services have better shows than TV (opinion) – CNN
Bill Carter, a media analyst for CNN, covered the television industry for The New York Times for 25 years, and has written four books on TV, including The Late Shift and The War for Late Night.The opinions expressed in this commentary are his own. Back in the day — say, five or six years ago…
Pursuing Copyright Decentralization in Bitfinex IEO | Digital Coin News | Cryptocurrency and Blockchain News
Kim Dotcom’s K.IM: Pursuing Copyright Decentralization in Bitfinex IEO October 8, 2019 38 Views Kim Dotcom, the controversial internet entrepreneur and founder of the now-defunct file storage platform Megaupload, is making a comeback in the digital content business.This time, instead of a platform that allows users to download copyright songs and television series, Dotcom plans…
‘Scam’ or Iteration? At Devcon, Ethereum Diehards Still Believe in 2.0
Oct 8, 2019 at 20:00 UTC Updated Oct 9, 2019 at 02:15 UTC news The Takeaway: Ethereum’s creators now acknowledge the blockchain wasn’t built to scale as a mainstream transaction platform.A planned reboot meant to address some of those issues, known as Eth 2, is at least two years away.There is no plan for how…
Uber announces deeper push into financial services with Uber Money – Get Paid
Uber announces deeper push into financial services with Uber Money By Patrick T.Fallon | Bloomberg | Getty Images Ride-hailing giant Uber is making a deeper push into financial services. The company announced on Monday the formation of a new division called Uber Money to house its efforts, which include a digital wallet and upgraded debit…
Regulation is the biggest threat for Google and Facebook: GroupM
Google and Facebook, on the one hand, and Netflix, on the other, have structurally undermined a century-old economic model, according to a GroupM paper, titled ‘The Media Landscape’.The paper views the media landscape through the prism of the expenditure of large advertisers and examines some of the key protagonists that impact media supply. GroupM states…
China Seizes the Blockchain Opportunity. How Should the US Respond? – Total Exchange Blog
China Seizes the Blockchain Opportunity.How Should the US Respond? October 28, 2019 32 Views Michael J.Casey is CoinDesk’s chief content officer and a senior advisor for blockchain research at MIT’s Digital Currency Initiative. The following article originally appeared in CoinDesk Weekly , a custom-curated newsletter delivered every Sunday exclusively to our subscribers. The Chinese government…
EBay, Visa, Mastercard, Stripe abandon Facebook’s libra cryptocurrency | Coin News Telegraph
EBay, Visa, Mastercard, Stripe abandon Facebook’s libra cryptocurrency 29/10/2019 EBay, Visa, Mastercard, Stripe abandon Facebook’s libra cryptocurrency EBay, Stripe, Mastercard, Visa and Mercado Pago are all dropping out of Facebook’s libra cryptocurrency project, the companies announced Friday.The news comes one week after PayPal announced its withdrawal as government regulators continue to scrutinize the plans. In…
Don’t Trust Facebook’s Libra Cryptocurrency Plan
A revolutionary technology innovator is tackling one of the best-known and least tractable problems in financial inclusion, for the benefit of the global poor.A rapacious business monopoly with a history of offering dangerous products is creating an exotic financial instrument that falls in a loosely regulated and systemically important space. The former narrative is the…
Facebook’s Libra cryptocurrency raises global concerns | The New Times | Rwanda
Facebook’s Libra cryptocurrency raises global concerns By linkedin Facebook is planning to launch its own cryptocurrency early next year, allowing users to make digital payments around the world. The digital currency known as Libra will be backed by a reserve of real-world assets, including bank deposits and short-term government securities. A Libra currency is currently…