Facebook officially launches Libra despite defections

Facebook has officially moved forward with its plans to create a new digital currency called Libra, despite several high-profile defections from the project and intense criticism from US regulators and politicians. The Libra Association, the non-profit group that will govern the currency, officially signed 21 charter members on Monday at the organisation’s inaugural meeting in…

US presidential candidate Elizabeth Warren targets Facebook with ‘false’ ad

US presidential candidate Elizabeth Warren has paid for a series of Facebook adverts with false claims about chief executive Mark Zuckerberg – shining a light on the platform’s decision to allow politicians to make false statements in paid adverts. The sponsored post by the political hopeful reads: “Breaking news: Mark Zuckerberg and Facebook just endorsed Donald Trump for re-election.…

Will Facebook message encryption hinder online crime fight?

Facebook has been accused of reverting to the “digital dark ages” after serious concerns were raised that plans for message encryption could prevent child abusers and terrorists being caught. Politicians have called on the social media platform to think again before introducing end-to-end message encryption for its messaging services, claiming the “right balance is not…