Even Crypto-Friendly Japan is Worried by Threat of Facebook’s Libra

Even Crypto-Friendly Japan is Worried by Threat of Facebook’s Libra

The list of regulators eyeing Facebook’s cryptocurrency with apprehension keeps growing less than a month since Libra was announced. According to the Nikkei Asian Review, the Bank of Japan is worried that Libra will be a big risk to the existing financial systems as it is hard to regulate.Part of the reason for this concern…

Dow Jones: Privacy Scandals Led to Facebook’s S&P 500 ESG Ouster

Dow Jones: Privacy Scandals Led to Facebook’s S&P 500 ESG Ouster

 S&P Dow Jones revealed the embarrassing reason it booted Facebook stock from the S&P 500 ESG Index.Facebook’s cornucopia of privacy scandals caused its ESG score to plunge to alarming levels.The same day that Dow Jones kicked FB out of the index, Mark Zuckerberg pledged to make Facebook a champion of privacy rights.By CCN Markets: It’s…

Reality TV’s Big Brother Creator Targets Facebook for Fake Bitcoin Ads

Reality TV’s Big Brother Creator Targets Facebook for Fake Bitcoin Ads

TweetFacebookLinkedIn By CCN: John de Mol, who is behind the reality television hit show “Big Brother,” blames Facebook for scammers using his likeness on fraudulent bitcoin-fueled ads that stole nearly $2 million from investors. De Mol, who according to Forbes is worth $1.7 billion, has reportedly filed a complaint in an Amsterdam court against the…

New York Fraudster Faces 20 Year Sentence for Facebook Crypto Scam

New York Fraudster Faces 20 Year Sentence for Facebook Crypto Scam

TweetShareNew York resident Patrick McDonnell AKA “Jason Flack” was arrested and charged with nine counts of wire fraud in a Brooklyn court on Tuesday. McDonnell allegedly convinced others to “invest” in cryptocurrency through Facebook and Twitter, stealing the money for his own use and providing false balance statements in return.Scammer Ran Facebook & Twitter Crypto…

Can We Just Agree to Stop Hating on Facebook?

Can We Just Agree to Stop Hating on Facebook?

TweetShareAs far as shitty years go, you really don’t get much worse than cryptocurrency in 2018. Losing over 80% of your market cap in 12 months is kind of rough. But you know who also had a tough time? Facebook. Last year was a series of migraines for Mark Zuckerberg who saw some $19 billion…

Yes, Mark Zuckerberg Is a “Digital Gangster” Who Violates Your Privacy, but Here’s Why You Still Won’t Quit Facebook

Yes, Mark Zuckerberg Is a “Digital Gangster” Who Violates Your Privacy, but Here’s Why You Still Won’t Quit Facebook

Lawmakers in the UK have released a damning report on Mark Zuckerberg and Facebook, calling them “digital gangsters.”The report refers to Facebook’s deliberate violation of privacy laws and its role in spreading “fake news” and disinformation. It’s another shot fired at tech companies for abuse of personal data. But, as usual, it’s unlikely to have an…