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Facebook pulls out of the SXSW conference citing coronavirus concerns

Facebook has pulled out of the upcoming SXSW conference in Austin, TX, according to a company statement given to Business Insider. “Due to concerns related to coronavirus, our company and employees will not be participating in SXSW this year,” said the statement, which Facebook also shared with The Verge. Twitter announced earlier today that it […]
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Armenian held for releasing ‘false information’ over Iran general on Facebook

An Armenian man has been arrested for releasing “false information” on Facebook claiming the country’s prime minister had congratulated Donald Trump for killing Iran’s top general, the security service said Monday. According to Business Standard, “On January 2, the Facebook page ‘Diana Arutyunyan’ published information according to which Prime Minister Nikol Pashinyan congratulated the United […]

Facebook’s Libra has failed in current form: Swiss president

Facebook’s  Libra project has failed in its current form and needs reworking to be approved, said the president of Switzerland where the cryptocurrency is seeking regulatory consent. “I don’t think (Libra has a chance in its current form), because central banks will not accept the basket of currencies underpinning it,” Ueli Maurer, who is Switzerland’s […]

Facebook’s Libra 2020 launch plan still unclear – Board member

Facebook’s Libra project has no solid strategy yet for how or where it will be introduced in 2020, a board member of the body overseeing the hotly-anticipated cryptocurrency told Reuters on Thursday. “Libra is on track to launch in 2020, however, the scope of the roll-out depends on talks with regulators,’’ said Patrick Ellis, one […]

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