January 15, 2021 Law Decoded: The guard changes, and with it, the tweets, Jan. 8–15 Accompanying the presidential transition are some major questions about the role of social media in society and politics.…
January 12, 2021 Crypto leaders worry over threat from ‘big tech’ censorship Social media users are leaving traditional providers in droves in favor of more independent platforms over fears of unwarranted data collection, censorship, and refusal of service.…
January 7, 2021 Zuckerberg blocks Trump from Facebook until at least end of term Following yesterday's chaos on Capitol Hill, the social media giant has blocked President Trump on the grounds that the likely intent and result of his posts is the incitement of violence.…
January 7, 2021 Social networks and the digital economy: A preview of IMVU’s VCOIN After getting some boundaries in which to operate from the SEC, IMVU's new blockchain-based token will be a major test case for crypto.…
December 31, 2020 New name, old problems? Libra’s rebrand to Diem still faces challenges The Diem Association’s rebrand from Libra was supposed to herald a new day for the project, but a touted 2021 launch may not go as planned.…
December 28, 2020 Why you wouldn’t eat chicken nuggets, and why you shouldn’t trust Big Data Do you really know how your data is used and monetized? If you did, you’d probably think twice about giving your personal details away so freely.…
December 14, 2020 US FTC digs into Big Tech’s centralized reservoirs of user data As antitrust enforcement hits Facebook and Google, the Federal Trade Commission is digging into misuse of consumer data.…
December 14, 2020 China has no plan to replace USD with digital yuan, former PBoC head says A former PBoC official says that his country has taken a cautious approach with the digital yuan.…
December 10, 2020 FTC sues Facebook in antitrust lawsuit as regulators mount offensive Regulators around the globe are increasingly turning hostile to the social media behemoth. The United States Federal Trade Commission has filed a lawsuit against Facebook Inc.,…
December 8, 2020 Facebook hopes to launch its crypto and wallet in 2021, top exec says The social media giant has rebranded in hopes of scoring regulatory approval. Global regulators should grant Facebook-backed cryptocurrency Diem “the benefit of the doubt” to greenlight its launch in 2021, a top executive at Facebook Financial said.David…
December 7, 2020 Carpe ‘Diem’: Lawsuit threatened over Facebook’s Libra rebrand plan Facebook’s plan to rebrand its stablecoin project from Libra to Diem has been met with legal threats from a small European start-up of the same name.…
December 5, 2020 Facebook’s Diem stablecoin is an existential threat to traditional banking Stablecoins are an integral part of the future of the financial system. And Facebook’s Diem, formerly Libra, is part of that future.…