Even though Congress tried to inflict damage on Big Tech in hearings related to user data, antitrust concerns and Facebook’s Libra, it seems it has failed. That leaves Silicon Valley with little incentive to change.
Waymo and the California Department of Motor Vehicles announced Tuesday that the Golden State had approved a permit for the self-driving-car company to drive in a handful of Silicon Valley cities. Some believe that it may present a warning to GM and Tesla.
Experts say that Facebook’s Libra will probably not reach the billions they claim, and it won’t affect the financial world and stability in general. However, while everyone is talking about Libra, banks are developing their own digital currencies.
Judging by recent news, it appears that Binance is in talks with Facebook about either listing Libra or joining the Libra Association. Binance’s CSO, Gin Chao, confirmed that the exchange has had discussions with Facebook about a listing process.
Mark Zuckerberg commented on the newly-launched Facebook’s Libra crypto. He says that Libra Association is an independent organization and Facebook only has one vote in it. That way he emphasizes the trustworthiness of Libra.
Apple has announced the purchase of a self-driving car startup Drive.ai. The self-driving car industry is rising, and is this the plan for Apple to outperform Uber?
Facebook’s awaited cryptocurrency Libra may not be launched in India, as the country’s current regulations do not permit cryptocurrency transactions.
This edition of Max’s Corner analyzes the controversy surrounding the changes to Google’s search algorithm, the plight of the Silk Road founder and the latest on Facebook’s crypto project.
Social media giant Facebook breaks the shackles of regulatory bondage as FB stock price soars high following the announcement of its crypto project – Globalcoin.
From its IPO price of $21 per share, Fiverr (FVRR) stock zoomed 90% higher to end its inaugural trading day at $39.90. Investors continue to clamor for the stock tonight; in post-market action, it’s up an additional 7.5%.