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Facebook’s regulation dodge: Let us, or China will

Facebook is leaning on fears of China exporting its authoritarian social values to counter arguments that it should be broken up or slowed down. Its top executives have each claimed that if the U.S. limits its size, blocks its acquisitions or bans its cryptocurrency, Chinese company’s absent these restrictions will …

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Facebook’s testimony to Congress: Libra will be regulated by Swiss

The head of Facebook’s blockchain subsidiary Calibra David Marcus has released his prepared testimony before Congress for tomorrow and Wednesday, explaining that the Libra Association will be regulated by the Swiss government because that’s where it’s headquartered. Meanwhile, he says the Libra Association and Facebook’s Calibra wallet intend to comply …

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Apple disables Walkie Talkie app due to vulnerability that could allow iPhone eavesdropping

n”,”protected”:false},”excerpt”:”rendered”:” It was late afternoon on May 12, 2017. Two exhausted security researchers could barely unpack the events of what had just happened. Marcus Hutchins and Jamie Hankins, who were working from their homes in the U.K. for Los Angeles-based cybersecurity company Kryptos Logic, had just stopped a global cyberattack …

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Facebook answers how Libra taxes & anti-fraud will work

Facebook provided TechCrunch with new information on how its cryptocurrency will stay legal amidst allegations from President Trump that Libra could facilitate “unlawful behavior.” Facebook and Libra Association executives tell me they expect Libra will incur sales tax and capital gains taxes. They confirmed that Facebook is also in talks …

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N26 launches its challenger bank in the US

N26 launches its challenger bank in the US – TechCrunch Romain Dillet @romaindillet / 15 hours European fintech startup N26 is now accepting customers in the U.S. The company is launching a bank account with a debit card that should provide a better experience compared to traditional retail banks. If …

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Bunq lets you track and settle up group expenses

Fintech startup Bunq is announcing a handful of new features today, such as a way to track group expenses without creating a joint account, a web app and better Siri integration. If you usually track vacation expenses and group expenses from your phone, chances are you’ve been using two different …

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