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Facebook’s Libra currency battered by defections, pushback

Dhaka (AP/UNB) – Facebook faces a rough road ahead with Libra, but defections by high-profile partners are still unlikely to spell the end for the digital currency. On Friday, Visa and MasterCard announced their departures from the Libra project, as did e-commerce giant eBay and payments startup Stripe. Last week, PayPal became the first major company to drop out of ... Read More »

How media technocrats manipulate public opinion

By Jan Lundius Stockholm / Rome, Oct 2 2019 (IPS) – In a 1974 article, Woody Allen poked fun at biblical stories presenting ludicrous paraphrases of The Book of Job, Abraham´s intended sacrifice of his son Isaac, as well as The Book of Proverbs. One of Allen´s invented proverbs was: “The wicked at heart probably know something”, thus implementing that ... Read More »

World News Day: How newsrooms made an impact in society

Thirty-eight newsrooms. Forty-seven stories. Making an impact that has been felt far and wide. Editors and journalists in newsrooms around the world have come together to showcase some of the work they do and the effort that goes into producing stories that make a difference to the lives of people in their communities, according to The Straits Times. Read More »

Facebook unveils its plan for oversight board

Facebook has unveiled its plan to create an independent “oversight” board to make decisions over how the network is moderated, reports BBC. The firm insisted the panel, which will hear its first “cases” in 2020, will have the power to override decisions it makes over contentious material and influence new policy. Read More »

US plans for fake social media run afoul of Facebook rules?

Washington, Sept 4 (AP/UNB) — Facebook said Tuesday that the US Department of Homeland Security would be violating the company’s rules if agents create fake profiles to monitor the social media of foreigners seeking to enter the country. “Law enforcement authorities, like everyone else, are required to use their real names on Facebook and we make this policy clear,” Facebook ... Read More »