Business > Tech

Mark Zuckerberg asks people to trust that Facebook's new cryptocurrency will keep your money safe

27 days ago   |   By Business Insider

Facebook has announced a new cryptocurrency, Libra, and set up a digital wallet subsidiary called Calibra to let people spend and save the currency.
Facebook CEO Mark Zuckerberg has promised that Calibra will not put peoples' money or privacy at risk, and that transaction data would not be shared with Facebook.
This isn't strictly true if you read Calibra's terms and conditions, which state Facebook may use some data to prevent crime and improve products.
Facebook will also share some anonymised aggregated information with Calibra, according to the terms, to study things like internet...
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Facebook's Project Libra: 5 Things to Know About the New Cryptocurrency

Facebook's Project Libra: 5 Things to Know About the New Cryptocurrency

27 days ago   |   By Fortune

After months of speculation, Facebook finally announced details about its new cryptocurrency on Tuesday morning. The digital currency, called Libra, will be available starting next year to the billions of people who use Facebook services like Messenger, WhatsApp, and Instagram.
If the new currency catches on, it has the potential to change how people save, spend, and send money, and could disrupt big parts of the tech and banking industries.
Here is a Q&A about Libra, and what it means for you.
What's the point of Facebook's Libra cryptocurrency?
If adopted by companies and users, Libra...
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Factbox: Facebook's new cryptocurrency Libra and digital wallet Calibra

Factbox: Facebook's new cryptocurrency Libra and digital wallet Calibra

27 days ago   |   By Reuters

Facebook Inc revealed plans to establish a cryptocurrency called Libra on Tuesday. It will be run by an association comprised of other corporate investors and non-profit members, with an expected launch in the first half of 2020.
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Facebook announces Libra cryptocurrency and Calibra digital wallet

Facebook announces Libra cryptocurrency and Calibra digital wallet

27 days ago   |   By Venture Beat

Facebook announced its cryptocurrency Libra and a global association of organizations that will govern it. And Facebook also announced Calibra, a new subsidiary that will build a digital wallet for Messenger, WhatsApp, and a standalone app on iOS and Android. The move has been expected for a while and it represents a big endorsement for cryptocurre...
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