Zuckerberg will pull Facebook out of Libra if launched without US approval

  • 📰 SkyNews
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 67%

United Kingdom Headlines News

United Kingdom Latest News,United Kingdom Headlines

The founder of the social media network also faced tough questions on diversity and fears about child sexual exploitation.

The 35-year-old was also questioned about diversity,over plans to roll out end-to-end encryption across all of the tech giant's platforms, political advertising and deepfakes.

Facebook has come under fire for its lax approach to fake news reports and disinformation campaigns, which many believe affected the outcome of the 2016 US presidential election.Critics say the social network failed to prevent Russian interference in the election or take enough action to prevent similar happening in next year's campaign.

Maxine Waters, the Democratic chairwoman of the panel, pointed out that Facebook was the subject of an antitrust investigation. She said it would be"beneficial for all if Facebook concentrates on addressing its many existing deficiencies and failures before proceeding any further on the Libra project".

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Blah blah blah

Eon Financial Services Will Name Our New Servers Crypto Currency 'Mainframe'

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 35. in UK

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Facebook could delay embattled Libra project, Zuckerberg to tell CongressCryptocurrency venture facing pushback from legislators, and Facebook CEO says company is ‘not the ideal messenger’ Why would anyone trust Zuckerberg with their money? They should have called their cryptocurrency 'Zuckerbucks' or maybe 'Suckerbucks'. Online monopolies should be prosecuted. Haha, fuck you, Zuckerboig!
Source: The Guardian - 🏆 84. / 53 Read more »

Russian block: Putin threatens to BAN Facebook in RussiaBELEAGURED Facebook is drifting into Vladimir Putin’s crosshairs over its controversial Libra cryptocurrency project. I barely use Facebook but I'm sure some people needs Facebook to contact their families and watch news
Source: Daily Express - 🏆 26. / 68 Read more »

Ocasio-Cortez stumps Zuckerberg with questions on far right and Cambridge AnalyticaDemocratic lawmaker challenges Facebook CEO during hearing over Libra cryptocurrency 👏 Facebook “It’s toasted.” Zuckerberg MadMen AOC I'd be more onboard with AOC if she didn't use that cuntie 'gotcha' voice and demeanor when speaking. Humble yourself girl.
Source: The Guardian - 🏆 84. / 53 Read more »

'You're trying to help drug dealers': Zuckerberg faces angry lawmakers at Libra hearingUS legislators condemn CEO’s currency plans and question whether Facebook should be broken up The government? Or are we talking about the pharmacists? Get your dirty hands and dirty people from Spain. We don't want people here to support and defend ETA Terrorism. You are drunk, outside the European Union now! How funny a lot of banks helps drug dealers to clean their dirty money
Source: The Guardian - 🏆 84. / 53 Read more »

Libra: Mark Zuckerberg testifies before Congress about embattled cryptocurrency – liveFacebook CEO faces growing pushback from legislators over plans to develop alternative payment system 😂😂😂 Finally someone understood that you need to spend money to make money! We have the best government money can buy -- so why should Facebook not to use it? At least Facebook is an American company... The plan of Facebook is to take currency system away from nations.
Source: The Guardian - 🏆 84. / 53 Read more »

Prince William news: How Wills reduced Prince Charles to tears in shock admissionPRINCE CHARLES has dedicated a huge portion of his life to caring for the Duchy of Cornwall estate. The Prince of Wales revealed how his son Prince William almost moved him to tears while speaking about the project.
Source: Daily Express - 🏆 26. / 68 Read more »