Facebook needs to drop Libra and buy Square, Jim Cramer says

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'It's clearly doing more harm than good,' the 'Mad Money' host says. Instead Facebook should buy Square for $70 billion and expand the payments network worldwide.

that use the platform, Cramer noted. Amazon's associate general counsel Nate Sutton was its representative at Tuesday hearings on Capitol Hill.

"I think these changes will immunize the company. Mostly, though, Amazon knows how to play the game," Cramer said.faced nearly 20 years ago, Cramer said. With the largest search engine in Google and popular video platform in YouTube, the tech company has great influence over what the public sees first when it goes looking for information online.

Google, whose director of economic policy Adam Cohen was present at the antitrust hearings, faces allegations of bias against rivals and conservatives, which could be a matter of free speech, Cramer said. Outside of the congressional panel, Google is facing new accusations, escalated by President Donald Trump, from tech investor Peter Thiel of"Unless they can find a way to placate the government, someone's always going to be trying to be breaking them up," the host said.

 

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Facebook needs to drop Libra and buy Square, Jim Cramer says via YouTube

why? Crypto-currency is a great technology that is able to do things at lesser cost w more integrity. Square for all intents and purposes will likely adopt something like Libra to gain ubiquity. But otherwise get on the fantastic voyage if you think like a big bank you're a $DB.

I’m with it.

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