AJ Impact

As payment giants flee, Facebook Libra faces greater hurdles

Exodus of major financial players raises bar for Libra to convince regulators and consumers of coin's safety.

As payment giants flee, Facebook Libra faces greater hurdles

AJ IMPACT

Italy readies 'web tax' in its 2020 budget: Sources

Web giants collect huge profits, but pay minimal taxes as they shift earnings declarations to low-tax nations.

Italy readies 'web tax' in its 2020 budget: Sources

New Zealand attack

New Zealand creates unit to target online 'extremism'

PM Jacinda Ardern announces moves to address failures exposed by Christchurch mosque attacks.

New Zealand creates unit to target online 'extremism'

US & Canada

Mass shooting rumour spreads in private Facebook group

So-called 'groups' are a big part of the company's growth strategy, but the spread of rumours raises concerns.

Mass shooting rumour spreads in private Facebook group

AJ Impact

PayPal pulls out of Facebook's Libra Association

In blow to social media giant's international digital currency, US payments firm decides to focus on its own business.

PayPal pulls out of Facebook's Libra Association

Facebook

Facebook removes accounts from UAE, Nigeria, Egypt and Indonesia

Hundreds of pages accused of 'coordinated inauthentic behaviour' and misleading millions of users worldwide.

Facebook removes accounts from UAE, Nigeria, Egypt and Indonesia

AJ Impact

Facebook suffers legal blow in EU court over hate speech

The decision will be seen as a win for EU regulators, who want US tech giants to meet tightened standards over content.

Facebook suffers legal blow in EU court over hate speech

AJ Impact

Tech giants not keeping political ad promises, says privacy group

Privacy International said Facebook, Google and Twitter lack transparency on targeted political advertising.

Tech giants not keeping political ad promises, says privacy group

AJ Impact

Major payment firms hesitate to back Facebook's Libra

Visa and Mastercard are reportedly concerned with the regulatory scrutiny into Facebook's digital currency.

Major payment firms hesitate to back Facebook's Libra

AJ Impact

Election watch: Facebook will not remove offending posts

Private company should not be self-appointed referee for everything that politicians say, Facebook official says.

Election watch: Facebook will not remove offending posts

AJ Impact

Germany signals tough regulatory hurdles to Facebook's Libra

Berlin passes comprehensive blockchain strategy aimed at thwarting corporate efforts to establish a parallel currency.

Germany signals tough regulatory hurdles to Facebook's Libra

AJ Impact

US lawmakers ask big tech firms for documents in expanding probe

Bipartisan congressional investigation widens, as legislators request internal communications and data on competitors.

US lawmakers ask big tech firms for documents in expanding probe

AJ IMPACT

Regulate crypto, says France

Libra could spark financial instability and challenge national economic sovereignty, said France's finance minister.

Libra and cryptocurrencies must be regulated, says France

AJ Impact

Facebook faces US lawsuit after judge calls its argument 'wrong'

A California judge has rejected Facebook's arguments that users suffered no 'tangible' harm from major privacy breach.

Facebook faces US lawsuit after judge calls its argument 'wrong'

AJ Impact

Facebook to face antitrust inquiry by state attorneys general

More than 30 state attorneys general are preparing a separate inquiry into Google for potential antitrust violations.

Facebook to face antitrust inquiry by state attorneys general