The Downfall of Mark Zuckerberg’s Dominance: FTC Strike Facebook With $5 Billion Fine
The largest penalty of a whopping $5 billion levied against Facebook by FTC. A move will see Zuckerberg surrenders sole dominance over privacy decisions.
Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
The largest penalty of a whopping $5 billion levied against Facebook by FTC. A move will see Zuckerberg surrenders sole dominance over privacy decisions.
India’s Bengaluru-based fintech platform, Zeta, secured a Series C investment from Sodexo Benefits and Rewards (BRS) raising an undisclosed amount that pushed its valuation to $300 million.
A new person has stepped forward and claimed to be Satoshi Nakomoto, the pseudonymous creator of Bitcoin. Belgian citizen, Debo Jurgen Etienne Guido made his claim in a letter filed with a federal courthouse in Florida on July 22.
Tesla endured another round of financial losses despite pressure to become steadily profitable. Tesla (TSLA) lost $1.12 per share versus the expected loss of $0.31 per share. That means a loss of $408 million in the quarter on revenue of $6.3 billion.
TRON’s CEO Justin Sun surprised everyone when he postponed his $4.56 million charity lunch with Warren Buffett. Now he apologized for his own conduct saying his own “selfishness” and “immature words and deeds” detracted from the effort.
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While a majority of investors said that they aren’t interested in Libra (with many preferring Bitcoin instead), some also said that unlike the decentralized cryptocurrencies, Libra doesn’t give them the financial freedom from governments.
Refereum has joined hands with PlayerUnknown’s Battlegrounds to introduce crypto rewards into the game promotion space aiming to attract influential people to participate in the promotion campaigns.
Major online computer and consumer electronics retailer, Newegg Inc., has announced that another 73 nations where the firm operates will now be accepting Bitcoin payments like in the U.S. and Canada.
The New York State Department of Financial Services has just announced the creation of a new section called the Research and Innovation Division. Its main goal will be to regulate crypto-related businesses in the state.