Facebook is reportedly developing a digital payments system that will be rolled out in several countries by the first quarter of 2020. The BBC reported the company has been holding meetings with trading firms and officials before it hopes to start testing “GlobalCoin” by the end of 2019. Multiple reports have tracked the company's meetings with banks, firms, and online merchants ahead of the announcement of the digital currency since it was first reported in December 2018. Visit BusinessInsider.com for more stories. Facebook is developing a digital payments system that will be rolled out in several countries by the first quarter of 2020, according to the BBC. The report said the company hopes
A fake video of House Speaker Nancy PelosiNancy PelosiPelosi, Nadler tangle on impeachment, contempt vote Hillary Clinton slams Trump for spreading 'sexist trash' about Pelosi Hillicon Valley: Facebook won't remove doctored Pelosi video | Trump denies knowledge of fake Pelosi videos | Controversy over new Assange charges | House Democrats seek bipartisan group on net neutrality MORE (D-Calif.) posted to Facebook on Thursday that was edited to make her appear drunk is underscoring a quickly evolving danger for 2020 campaigns. One cycle after Russia's interference in the election through hacks and fake posts on social media wreaked havoc, presidential candidates now have to worry about videos doctored
Facebook increased the amount of content it restricted access to in Vietnam by over 500% in the last half of 2018, the U.S. social media giant said in a report released on Friday, as the Southeast Asian country ramps up its crackdown on online dissent. The increase happened as Vietnam was tightening internet restrictions, culminating in a cybersecurity law that came into effect this January, which requires companies to set up local offices and store data in the country. Earlier this month, Amnesty International said nearly 10% of the 128 prisoners held in Vietnam for expressing dissenting views were jailed for posting anti-state comments on social media platforms such as Facebook. In January, Vietnam accused Facebook of violating local laws by allowing users to post anti-government comments.
TORRINGTON, Conn. (WTNH/CNN) - Police in Connecticut are hoping a wanted man stays true to his word after he offered to turn himself in for 15,000 Facebook “likes.” Torrington Police posted a mugshot for 29-year-old Jose Simms to their Facebook page, saying Simms had agreed to turn himself in if the post got at least 15,000 likes. (Source: Torrington Police/WTNH/CNN) Jose Simms, 29, is wanted for seven failures to appear in court. Torrington Police posted his mugshot to their Facebook page Wednesday morning, saying Simms had agreed to turn himself in if the post got at least 15,000 likes. Officers asked the public to help them out by liking and sharing the post, and by Wednesday evening, it had
SAN FRANCISCO (AP) — Facebook removed more than 3 billion fake accounts from October to March, twice as many as the previous six months, the company said Thursday. Nearly all of them were caught before they had a chance to become “active” users of the social network. Nonetheless, Facebook's new report didn't say how many fake accounts it also missed. As a result, it's not clear whether Facebook is getting better at catching made-up accounts or if the problem itself is just getting worse — or both. The increase in removals shows the challenges Facebook faces in removing accounts created by computers to spread spam, fake news and other objectionable material. Even as Facebook's detection tools
Parents are poisoning their children with bleach to 'cure' autism. An autism "cure" is currently making the rounds in Facebook groups that advises parents to give children bleach to remedy the condition. This is completely untrue -- there is no cure for autism -- and some moms are going undercover to fight back.
CrossFit, the branded workout regimen, accused Facebook of being “utopian socialists” and left the platform after the social network deleted a group dedicated to a diet. The move to quit both Facebook and Instagram came in the wake of the decision to delete “without warning or explanation the Banting7DayMealPlan,” a group that advocated a diet aimed at eating “food that is as close to its natural state as possible — free from processing, additives, preservatives and sugar." The group suspension was later overturned, but CrossFit issued a lengthy statement announcing the end of their presence on the platform. “All activity on CrossFit, Inc.'s Facebook and Instagram accounts was suspended as of
While many tech giants are staying away from defense and military work, the founder of Oculus is calling more people in tech to join the space.
Facebook is long known to be working on its own augmented reality (AR) glasses and now a new patent has revealed some details about the purported device. The patent, filed at the US Patent and Trademark Office, describes an audio system for eyewear. It describes that the audio system including a sensor and a controller will be located behind the ear of the wearer. This audio system will keep the ears open, thereby keeping the wearer aware of the ambient sound. The patent suggests that this audio system can be integrated into an eyewear device such as a glasses-type headset, near-eye display, or prescription glasses. (This story has not been edited by Business Standard staff and is auto-generated
By CCN: Zcash developer Zooko Wilcox, who has previously opined that cryptocurrencies can be used to evade taxes, posted an “unpopular opinion” to Twitter today: Facebook’s crypto project is “awesome.” Facebook Coin: “Awesome”? Unpopular opinion: I think the fact that Facebook is working on a crypocurrency is awesome. — zooko (@zooko) May 24, 2019 Facebook’s cryptocurrency project is a long way from the days of pseudonymous bitcoin or opaque Monero. Tied to the verified user accounts of more than a billion people, transactions made via Facebook will be easier to audit than anything previously seen. The company’s penchant for occasionally
Cantillon Capital Management LLC lifted its stake in shares of Facebook, Inc. (NASDAQ:FB) by 0.7% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 1,082,986 shares of the social networking company's stock after acquiring an additional 7,289 shares during the period. Facebook makes up 1.7% of Cantillon Capital Management LLC's holdings, making the stock its 28th biggest holding. Cantillon Capital Management LLC's holdings in Facebook were worth $141,969,000 as of its most recent filing with the SEC. Several other large investors also recently made changes to their positions in FB. Contravisory Investment Management Inc. increased its holdings in Facebook by
Just 10 minutes before we spoke over the phone, Baltimore area-based artist Kate Kretz received a call from Benicia's Jen Tough Gallery. The hats from her collection--bold and crimson colored-- are the exact shade of red as any President Donald Trump MAGA hat--that's because they're actually made of them. “I wanted to make sure I wasn't putting any money in [Trump's] pocket,” Kretz said. The other deconstructed piece of MAGA ephemera is reconstructed into a swastika armband.
Theater review Gottlieb Biedermann has a problem. Despite his prosperous business selling “hair rejuvenator,” his well-appointed house, and delightful name that's fun to say, there's danger lurking in his attic. Or is there? He can't quite make up his mind about the two homeless people (one ex-wrestler for a circus, one ex-head waiter at a fancy restaurant) who've wheedled their way into the Biedermanns' bourgeois home and may or may not be the dreaded arsonists who, according to the newspapers, have been setting fatal fires all over town. Biedermann (played with bellowing bluster by Mario Orallo-Molinaro in The Horse in Motion's lively production) might be confused, but we are not. Among the
What are some of your favorite Memorial Day images?In honor of the holiday that commemorates members of the military who lost their lives saving our country, we have compiled seven images for you to post on Facebook, Twitter and Instagram. Share these with your friends and loved ones on this day, especially if some of them have served in the military or have lost loved ones who served our country proud.InvestorPlace - Stock Market News, Stock Advice & Trading TipsCheck them out over the next few slides and enjoy the long weekend. Safe travels. Memorial Day ImagesSource: Public Domain Pictures Memorial Day ImagesSource: Warrior Care Memorial Day ImagesSource: Flickr Memorial Day ImagesSource: Flickr Memorial Day ImagesSource: JBER Memorial Day ImagesSource: Pixabay Memorial Day ImagesSource: Defense More From InvestorPlace * 7 Safe Stocks to Buy for Anxious Investors * 5 Safe Stocks to Buy This Summer * 6 Stocks to Buy for This Decade's Massive Megatrend Compare Brokers The post 7 Memorial Day Images to Post on Facebook, Twitter & Instagram appeared first on InvestorPlace.
A long-awaited multibillion-dollar settlement between Facebook and federal regulators over privacy missteps has been bogged down by a split between Republicans and Democrats on the Federal Trade Commission.