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The U.S. Senate really doesn’t like Facebook’s Libra cryptocurrency plans

Facebook Libra had its first big regulatory test when Calibra head David Marcus appeared before the Senate Banking Committee. It didn’t go well. Senators of both parties had major concerns about Facebook's proposed cryptocurrency.
Digital Trends Live

Digital Trends Live: Twitter’s redesign, Libra’s possible delay, Neuralink

On this episode of DT Live, we take a look at the biggest trending stories in tech, including a Twitter redesign, Facebook's delay of Libra, Neuralink's first public event, growing food in space, and the 50th anniversary of Apollo 11.
News

Facebook says it won’t launch Libra until regulators are happy

Facebook says it won’t roll out its Libra cryptocurrency until it’s fully addressed regulatory concerns – though it added that regulation of the currency itself would largely happen in Switzerland, not the U.S.
Emerging Tech

Professional poker players no match for A.I. in six-player Texas Hold ’em

Poker AI Pluribus destroyed professional players in Texas Hold 'em. The bot won an average of $5 per hand with winnings of $1,000 per hour, with strategies that were very different to how humans played the game.
Social Media

The FTC will hit Facebook with a $5 billion fine over privacy violations

Facebook has agreed to a $5 billion settlement with the Federal Trade Commission (FTC) over its numerous “privacy missteps." Once it goes through, this would be the largest FTC fine for a major technology company – and a huge chunk of…
Digital Trends Live

Digital Trends Live: Alexa-enabled robot, Facebook plays poker, and more

On this episode of DT Live, we discuss the top trending tech stories of the day, including Amazon’s Alexa-enabled robot, Facebook’s A.I. poker player, a bike lane delivery robot, Minecraft Earth, and more.
News

President Trump attacks Facebook Libra, says it’s not dependable like the dollar

President Trump attacked Facebook's new Libra cryptocurrency on Thursday, claiming it will have "little standing or dependability" and that Facebook would need to seek a banking charter if it wanted to move forward.
How-To

Stop Facebook from tracking you and using targeted ads with these tips

Facebook and businesses that use the site track what pages you like, your political affiliation, and even try to guess your race. All of this is done so the site can target you with relevant ads. Here's how to opt out.
Social Media

Facebook now allows you to opt out of those ads that target your tastes

Tired of seeing Facebook ads that aren’t relevant to you? Now you can not only opt out of ads from that company, but you can also see why the ad was shown to you in the first place.
News

Facebook no longer lets you save your friends’ birthdays to your own calendar

Facebook quietly removed a feature that allowed users to export and sync their friends’ birthdays to an external calendar like iCal or Google Calendar. While you can still export upcoming events -- parties, get-togethers, and the like --…
News

Apple co-founder Steve Wozniak wants you to get off Facebook

Apple co-founder Steve Wozniak joined a growing list of tech titans in criticizing Facebook, saying that most people should delete their accounts and stop using the world's largest social media platform.
Social Media

These 3 social media management tools will get your small businesses noticed

Social media is a great way to spread the word about your business, connect with customers and network. Here are the best social media management tools for small businesses to help you schedule posts, track engagement, and much more.
Social Media

Congressional Democrats demand Facebook halt its Libra cryptocurrency rollout

Democrats in the House of Representatives officially called on Facebook to halt its plans to establish its Libra cryptocurrency, arguing that regulators and Congress need to weigh in before it comes online in 2020.
News

Facebook cracks down on fraudulent miracle cures, vaccine misinformation

Facebook said Tuesday that it plans to to fight sensational health claims, supposed miracle cures, and fake health news by de-prioritizing content around those topics in the News Feed. Exaggerated or misleading health claims about vaccines…
Social Media

Facebook launches new changes against hate and discrimination. Are they enough?

A second civil rights audit highlights several areas Facebook needs to address to tackle white supremacism, discrimination, and intimidatio. But is the social network doing enough? The audit -- and critics -- say more work has to be done.
Computing

Bitcoin and Facebook's Libra are on two different sides of the same cryptocoin

Facebook Libra and Bitcoin might seem like peas in a crypto-pod, but they're far from firm bedfellows. In fact, they have some stark differences when it comes to paying for things online.
Social Media

Deepfake or fake news? Zuckerberg says Facebook might treat them differently

Facebook CEO Mark Zuckerberg said that his company is considering treating deepfakes differently from traditional fake news and misinformation, which could make it easier for Facebook to delete the altered videos before they spread.
News

Donald Trump says the U.S. government should sue Facebook and Google

President Donald Trump said on Wednesday that the U.S. government "should be suing Google and Facebook and all that." The president also announced that he will be hosting a social media summit in July with leaders of the big tech companies…