Is Facebook’s Libra currency a case of corporate megalomania? | Nils Pratley

The planned cryptocurrency has big questions to answer, not least on transparency and trust What is Facebook’s new Libra digital currency? A way to stop money-transfer companies exploiting the world’s poor by skimming off vast fees in cross-border tran…

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Libra: Facebook launches cryptocurrency in bid to shake up global finance

Digital currency will let billions of users make transactions but is raising privacy concernsFacebook has announced a digital currency called Libra that will allow its billions of users to make financial transactions across the globe, in a move that co…

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It’s not enough to break up Big Tech. We need to imagine a better alternative | Evgeny Morozov

Presenting tech companies as America’s greatest menace may appeal to voters, but it does little to chart an alternative futureAs Facebook all but pleads guilty to a severe form of data addiction, confessing its digital sins and promising to reinvent it…

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Facebook cofounder calls for company to break up over ‘unprecedented’ power

Chris Hughes wrote in the New York Times Facebook’s acquisition of rival platforms has given Zuckerberg ‘un-American’ controlA cofounder of Facebook has called for the government to break up the company, warning that Mark Zuckerberg’s power is “unprece…

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My data security is better than yours: tech CEOs throw shade in privacy wars

Apple, Google and Facebook are racing to embrace the latest buzzword, and taking swipes at each other in the process“Privacy cannot be a luxury good offered only to people who can afford to buy premium products and services,” declared Sundar Pichai, th…

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