Facebook to be fined $5bn for Cambridge Analytica privacy violations – reports — The Guardian
The Federal Trade Commission has reportedly voted to approve fining Facebook roughly $5bn to settle an investigation into the company’s privacy violations that was...
France passes tax on tech giants despite US threats — BBC
The 3% tax will be levied on sales generated in France by multinational firms like Google and Facebook, according to the report.
Here is the...
Bitcoin falls sharply as Fed’s Powell flags ‘serious concerns’ about Facebook’s cryptocurrency — CNBC
Here is the link: https://www.cnbc.com/2019/07/11/bitcoin-price-down-after-fed-chair-powells-facebook-libra-comments.html
Facebook’s Libra cryptocurrency ‘poses risks to global banking’ — The Guardian
Move could affect competition and data privacy, warns Bank for International Settlements, writes Phillip Inman and Angela Monaghan.
Here is the link: https://www.theguardian.com/technology/2019/jun/23/facebook-libra-cryptocurrency-poses-risks-to-global-banking
Getting fabulously wealthy in Silicon Valley: No coding required — Bloomberg
Values of office buildings have more than tripled since 2010, writes Tom Metcalf, Jeremy C.F. Lin, and Sophie Alexander.
Here is the link: https://www.bloomberg.com/graphics/2019-silicon-valley-real-estate-boom/