Fraudsters are out to cash in on interest in Facebook-backed digital currency Libra, hawking bogus buying opportunities at online venues including the social network itself. Libra is to launch next year, overseen by an association based in Europe, but as
Facebook chief executive Mark Zuckerberg on Wednesday reaffirmed his commitment to the social network's quest to launch Libra cryptocurrency despite pushback from governments and critics. Facebook last month unveiled plans for Libra in an announcement tha
Facebook on Wednesday reported that its profit in the recently ended quarter plummeted due to costs of a US privacy settlement in a quarterly update that was largely better than expected.
US regulators on Wednesday slapped a record $5 billion fine on Facebook for privacy violations in a wide-ranging settlement that calls for revamping privacy controls and oversight at the social network.