NAIROBIDAILYNEWS.COM: Latest News 09:39 2019-09-11

U.S. Warns Switzerland on Oversight of Facebook's Libra

The U.S. urged Switzerland to ensure its regulations governing cryptocurrencies are strong enough to prevent abuse, as the European banking hub prepares to host Libra, a digital currency proposed by F...

U.S. Warns Switzerland on Oversight of Facebook's Libra

Source: wsj.com

Switzerland warns Facebook's Libra it will face extra scrutiny Facebook's Libra cryptocurrency suffered another setback on Wednesday when Switzerland said the proposed payments system could face strict rules that typically apply to banks, on top of tough anti-money laundering laws....
18:00 2019-09-11

The group overseeing Facebook's libra is applying for a payments license in Switzerland The Libra Association, the organization in charge of overseeing Facebook's proposed cryptocurrency, said Wednesday it will apply for a payments license in Switzerland....
12:52 2019-09-11

Central banks will want oversight of Facebook's Libra: Bank of England's Carney Major central banks and regulators will want oversight of Facebook's proposed new currency and payment system, Libra, to ensure it is safe and does not allow money laundering or finance terrorism, Bank of England Governor Mark Carney said....
10:00 2019-06-21

Facebook's Libra must be 'rock solid' before launch warns BoE's Carney Facebook's proposed Libra digital coin must show it is "rock solid" before it can be allowed to launch, Bank of England Governor Mark Carney said on Thursday....
16:52 2019-07-11

France Warns It Will Block Development Of Facebook's Libra Cryptocurrency France warned on Thursday it will block development of Facebook's planned Libra cryptocurrency in Europe because it threatens the "monetary sovereignty" of governments....
14:00 2019-09-12

Facebook's Libra in Regulators' Sights as ECB Warns of 'Stablecoin' Risks Facebook's attempt to drag cryptocurrencies into the mainstream with its Libra digital coin met with further scepticism on Monday when an ECB board member said such "stablecoins" posed serious risks....
09:39 2019-09-17

Facebook's Libra in regulators' sights as ECB's Coeure warns of 'stablecoin' risks Facebook's attempt to drag cryptocurrencies into the mainstream with its Libra digital coin met with further scepticism on Monday when an ECB board member said such "stablecoins" posed serious risks....
00:26 2019-09-17

Former Japan central banker warns Facebook's Libra may undermine monetary policy Central banks may see the impact of their monetary policies diminish significantly if Facebook's Libra cryptocurrency becomes widely used in their countries, a former Bank of Japan executive warned on Friday....
10:13 2019-08-02

MPs set up new political group to act as 'Switzerland' A new group of independent MPs has been set up in parliament, intended to be a "welcoming home" for those thinking of defecting from the Conservatives or Labour....
17:00 2019-07-10

10 of the best things to do in Vevey, Switzerland The Swiss town’s wine festival is as revered as it is rare but, from a Chaplin museum to boat tours and chocolate heaven, a trip need not be grape-relatedOn 18 July, the peaceful town of Vevey, on the shores of Lake Geneva near Montreux, transforms into party central as it hosts one of the world’s b...
08:52 2019-07-18

Switzerland’s Once-in-a-Generation, Over-the-Top Party When the 52 Places Traveler arrived in Vevey, Switzerland, he thought he was hallucinating. But no: it was just a celebration that hasn’t happened since 1999....
19:39 2019-07-31

Switzerland-EU partnership row facing deadline Easy trading in Swiss shares from within the EU could crumble at midnight Sunday in a row over a new partnership deal. For months, Bern has refused to sign the long-negotiated treaty text on multiple links with the bloc....
13:26 2019-06-30

Women across Switzerland are striking for equal pay Swiss women are striking en masse on Friday, in a 24-hour nationwide protest to highlight the country's poor record on gender equality and the gender pay gap....
17:26 2019-06-14

Switzerland's wine festival – in pictures The Swiss town of Vevey has staged a once-in-a-generation celebration of its winemakers, with fancy dress, alpine horns, cows and dancers kicking off a festival that dates back to the 18th century. The three-week Fête des Vignerons, which began in 1797, is held roughly every 20 years and on Thursday...
10:52 2019-07-19

New life for Switzerland’s hippy valley A bohemian mountain community in Ticino has rejected national-park status – and fast-track development – in favour of small grassroots projectsThe yellow postal bus lurches up the narrow, dead-end road that winds through Valle Onsernone, blasting its horn in warning as it rounds one cliff-hugging ha...
12:00 2019-08-24

Ads Pitching CBD as a Cure-All Are Everywhere. Oversight Hasn’t Kept Up. “Basically nobody” is overseeing the quality of the many cannabidiol products that have proliferated, one researcher said. The F.D.A. says it is doing everything it can....
15:39 2019-08-13

Women strike in Switzerland for fairer pay, more equality GENEVA (AP) — Women across Switzerland are walking off the job and staging demonstrations to demand fairer pay, more equality, and less sexual harassment and violence. It’s the first such protest in the Alpine country in 28 years. Turnout was uncertain but supporters were vowing to make their ...
10:52 2019-06-14

Switzerland becomes No. 1 donor of foreign aid to North Korea Switzerland is emerging as the No. 1 donor of humanitarian assistance to North Korea as concerns grow over the deteriorating food situation in the isolated country....
23:13 2019-05-22

Switzerland aims to legalise medical marijuana The Swiss government aims to make it easier for patients to get medical marijuana, proposing on Wednesday to allow prescriptions for cannabis to treat people suffering from cancer or other serious conditions....
20:13 2019-06-27

2 killed in heavy storms in Switzerland, France BERLIN (AP) — Authorities say a tourist has drowned in Switzerland’s Lake Geneva after her boat capsized in a driving storm, and another was killed in nearby France after high winds brought down a tree on her campsite. The Swiss news site 20 Minuten reported Sunday the previous day’s sto...
11:52 2019-06-16

Women In Switzerland Launch Massive Protest Against Pay Gap Several hundred thousand purple-clad protesters blowing whistles, banging pots and pans and brandishing feminist slogans filled the streets of Swiss towns and cities on Friday, as women across the......
04:13 2019-06-15

UK climber falls to his death from Matterhorn in Switzerland Police in southwestern Switzerland say a 24-year-old British mountain climber who was coming down from the country's famed Matterhorn fell to his death in pre-dawn darkness, after a chunk of rock came loose during the descent....
00:52 2019-06-04

IOC formally opens $145M new headquarters in Switzerland The International Olympic Committee has formally opened its 145 million Swiss francs ($145 million) new headquarters exactly 125 years after the Olympic Games was revived       ...
12:13 2019-06-23

A local’s guide to Berne, Switzerland: 10 top tips It is one of Europe’s smallest capitals but punches above its weight when it comes to world-class galleries, unbeatable urban swimming and, of course, chocolateTaking a dip in the river is a national pastime here, with the River Aare the basis of the city’s claim to be Europe’s urban swimming capita...
15:52 2019-09-02

Scientists in Switzerland discover a new dinosaur species According to new research from the University of Zurich, the dinosaur -- a carnivorous predator about 8.5 feet long -- belongs to a genus and species never before seen....
20:52 2019-07-12

Switzerland celebrates rare wine festival Dubbed a once-in-a-generation spectacle, Swiss and tourists alike are flocking to a Lake Geneva town to celebrate the region's winemakers. Organizers said the festival "highlights the work on the vineyard."...
23:39 2019-07-19

Switzerland ranked as most innovative country in new UN report The World Intellectual Property Organization, WIPO, named Switzerland as the world’s most innovative country on Wednesday, during the launch of its latest Global Innovation Index, (GII) in the Indian capital New Delhi....
19:39 2019-07-24

FIFA Quietly Considering Plan to Leave Switzerland World soccer’s governing body is weighing a move away from Zurich, its home since 1932, saying Swiss law has made it difficult to hire employees from outside Europe....
01:52 2019-08-01

U.S. inspector general to probe FAA helicopter oversight The U.S. Transportation Department's inspector general said on Tuesday it will probe the Federal Aviation Administration's (FAA) oversight of doors-off helicopter operations after a New York crash in March 2018 that killed five people....
01:52 2019-07-17

Facebook outlines ideas for oversight board Facebook Inc on Thursday released the findings from its consultations with outside experts into its content review process, providing a glimpse into how its plans for a proposed "external oversight board" might take shape....
19:26 2019-06-27

US regulators carve up oversight of Amazon and Google If there weren't already signs that American regulators expect to crack down on tech giants, there are now. Washington Post sources said that the Department of Justice and the Federal Trade Commission have carved out their competitive oversight of A......
20:13 2019-06-02

Man, girl missing after violent storm in Switzerland: police A man and six-year-old girl are missing after their car was swept away by a torrent of mud triggered by a flash flood in southwestern Switzerland, police in Valais canton said on Monday as dozens of rescue workers continued to search....
12:26 2019-08-12

Osamu Deguchi joins Bolliger Team Switzerland "The Swiss team has just recruited a Suzuka specialist. Osamu Deguchi will partner Nigel Walraven and Danny Buchan in the saddle of the Bolliger Team Switzerland’s Kawasaki."...
12:26 2019-07-20

Why gun-loving Switzerland voted to tighten restrictions on firearms REUTERS/Denis Balibouse Earlier this year, Swiss voters approved changes to the country's gun laws by a very comfortable majority of 63.7%. Gun ownership and use is widespread in Switzerland, which has military conscription and where hunting and shooting sports are popular. Visit Business Insider's...
02:00 2019-08-06

2 tourists killed by heavy storms in Switzerland and Greece Authorities say a tourist has drowned in Switzerland’s Lake Geneva after her boat capsized in a driving storm and another was killed in nearby France.       ...
20:13 2019-06-16

Why Democrats’ oversight machine is moving so slowly against Trump House Democrats have kicked and screamed about the White House’s refusal to allow key Trump officials to come before Congress. But they haven’t done the one thing they can do to force the issue: Go to court.Democrats have handed out procedural slaps on the wrist — from subpoenas to contempt citation...
13:13 2019-07-17

Facebook Board to Tighten Oversight, as Zuckerberg Keeps Control Facebook Inc.’s historic settlement with the Federal Trade Commission keeps CEO Mark Zuckerberg’s power largely intact, even as it calls for the board to tighten the reins on the company’s privacy practices....
19:00 2019-07-24

Google, Facebook potential subjects of fed probes, oversight…again Google and Facebook are in the crosshairs of potential US antitrust probes that could disrupt their businesses or even break them apart — but it’s not the first time they have faced heat from the feds. Silicon Valley-based Google dodged the threat of a federal inquiry into its Android mobile operati...
08:00 2019-06-05

FTC fines Facebook $5B, adds oversight for privacy mishaps WASHINGTON (AP) — Federal regulators are fining Facebook $5 billion for privacy violations and instituting new oversight and restrictions on its business. But they are only holding CEO Mark Zuckerberg personally responsible in a limited fashion. The fine is the largest the Federal Trade Commission h...
15:52 2019-07-24

Facebook Oversight Board Won't Have Mandate to Change Policy Facebook will allow a new outside oversight board to make final decisions on whether individual pieces of content can be displayed on the social media site....
19:00 2019-09-18

Congressional Veterans Pitch In to Rebuild Oversight Muscle Years of budget cuts and a stream of departures have left Congress lacking in expertise and experience to challenge a recalcitrant Trump White House....
18:52 2019-06-22

House Oversight threatens to subpoena Kellyanne Conway The House Oversight and Reform Committee will vote to authorize a subpoena for White House counselor Kellyanne Conway on Wednesday if she does not show up for the panel’s hearing on her alleged violations of the Hatch Act, according to a memo sent to lawmakers.The U.S. Office of Special Counsel has ...
00:39 2019-06-24

Facebook oversight board won’t have mandate to change policy Facebook Inc will allow a new outside oversight board to make final decisions on whether individual pieces of content can be displayed on the social media site, but the group won't be able to make policy changes, the company said on Tuesday....
22:52 2019-09-17

US official: Bad spending oversight hampers Afghan troops KABUL, Afghanistan (AP) — A U.S. watchdog says lack of coordinated oversight of America’s spending in Afghanistan has led to a waste of funds and hampered training and development of the country’s security forces. Washington’s Special Inspector General for Afghan Reconstruction, or...
10:13 2019-06-21

Switzerland was sent into scientific exile. No deal could mean the same for Britain | Marja Makarow EU-backed research projects were slashed after the country voted to curb immigration in 2014. The UK should take noteSwitzerland has been touted as a model for the UK, post-Brexit. It is an independent state that determines its own laws, controls its own borders, and through its status as an associa...
13:13 2019-09-06

20 life-changing trips worth the price, from Switzerland to Sedona With prices ranging from $730 for a Swiss rail tour to $29,500 for an Antarctic cruise, these trips don't come cheap but the memories are worth it.       ...
01:52 2019-08-26

Portugal v Switzerland: Nations League semi-final – live! Nations League semi-final updates from the 7.45pm BST gameAnd feel free to email Barry or tweet him @bglendenning 7.00pm BST There’s a metaphor in here somewhere dept: England fans in Praga da Ribiera have spent the past 15 minutes trying - unsuccessfully - to kick a ball through the 2nd floor open ...
20:13 2019-06-05

Calls for Switzerland’s Matterhorn to be closed after seventh death this year A South Korean man has become the seventh climber this year to fall to their death on the Matterhorn peak in Switzerland as guides continue to call on officials to close the mountain for being “too dangerous.”...
17:00 2019-08-08

Switzerland Strives to Be Global Leader in Opening Skies for Drones Switzerland is working on pioneering ways to handle booming drone traffic aimed at allowing unmanned aircraft to quickly operate in much more of the nation’s airspace than approaches being pursued in other countries....
12:52 2019-08-06

Netherlands, Switzerland suspend UNRWA funds amid scandal The Netherlands and Switzerland have suspended funding to the United Nations aid agency for Palestinian refugees days after an ethics report alleged widespread mismanagement and misconduct....
07:26 2019-08-01

Switzerland forward Florijana Ismaili missing after swimming accident • BSC Young Boys women’s team captain declared missing• Footballer had been swimming on Lake ComoThe Switzerland forward Florijana Ismaili has been declared missing after a swimming accident on Lake Como in Italy, her club said on Sunday.Ismaili, 24, has played for the BSC Young Boys women’s team si...
18:26 2019-06-30

Jordan Pickford saves the day as England beat Switzerland on penalties On the face of it, this should have been cause for celebration. England have finished third at a major finals for the first time since the 1968 European Championships even if, for context, that was a tournament won by Italy who had claimed their semi-final on the toss of a coin and this, in truth, i...
21:26 2019-06-09

England v Switzerland: Nations League third-place play-off – live! Minute-by-minute updates from the playoff in GuimaraesSouthgate commits to England and rules out taking Chelsea jobSend your emails and thoughts to Rob here 2.04pm BST 2 min: Harry Kane hits the bar! It was a brilliant effort, a first-time chip on the turn from a tight angle on the right of the area...
15:13 2019-06-09

Switzerland’s Florijana Ismaili confirmed dead in swimming accident • Ismaili, 24, went missing on Saturday at Lake Como• Fifa president Gianni Infantino pays tribute to playerThe body of Florijana Ismaili was recovered in Lake Como on Tuesday, three days after the Switzerland international was involved in a swimming accident.The 24-year-old forward went missing on ...
13:39 2019-07-03

Switzerland Extends Support To Strengthen India's Fight Against Terrorism Switzerland on Friday extended its support to India to strengthen its fight against terrorism in all its manifestations as President Ram Nath Kovind held talks with his Swiss counterpart Ueli Maurer......
12:52 2019-09-14

Democrats call for oversight after Trump's Iran airstrikes reversal Warren accused Trump of instigating ‘another unnecessary conflict’ while Biden called it a ‘self-inflicted disaster’Follow the latest in US politics – liveSenior US Democrats led the outcry on Friday against Donald Trump’s dramatic almost-launch of military action on Iran and the last-minute pullbac...
22:52 2019-06-21

European central bankers claim oversight over Facebook’s cryptocurrency Three European central bankers are claiming oversight over Facebook's planned virtual currency to ensure it will not jeopardize the financial system or be used to launder money....
14:00 2019-06-21

GOP Oversight report finds ‘no evidence’ Interior’s Bernhardt hid meetings Charges that Interior Secretary David Bernhardt violated ethics rules by holding secret meetings with former oil industry pals were “disproved” by House Republican oversight leaders in a report aimed at challenging an expected critical Democratic version....
20:00 2019-08-23

Boeing aims to strengthen engineering oversight after panel review Boeing Co needs to reorganize its engineering reporting lines company-wide and ensure higher ranking officials, including its CEO, get faster feedback about potential safety concerns from lower levels of the company, according to an internal review at the U.S. planemaker following two recent fatal c...
16:39 2019-08-30

The House committee quietly racking up oversight wins against Trump House Democrats are largely pursuing flashy, partisan, made-for-TV investigations targeting President Donald Trump, but one panel is taking a different approach — and getting results. The House Foreign Affairs Committee is quietly amassing documents on allegations of politically-motivated retaliatio...
22:26 2019-06-17

Puerto Rico oversight board defends plan as way out of bankruptcy Puerto Rico's federally created financial oversight board on Monday defended a new agreement with creditors, saying it will result in an affordable and sustainable debt level and allow the U.S. commonwealth to exit bankruptcy next year....
00:00 2019-06-18

Acting CBP chief open to congressional oversight for immigration policy ​WASHINGTON — The head of Customs and Border Protection said Sunday he’d welcome more congressional oversight of the zero tolerance border polices, including Rep. Alexandria Ocasio-Cortez’s calls for a 9/11 style commission. “Whatever ​C​ongress wants to do for additional oversight we welcome that,”...
22:52 2019-07-21

House Oversight panel authorizes subpoena for Kellyanne Conway The House Oversight and Reform Committee voted on Wednesday to authorize a subpoena for White House counselor Kellyanne Conway after she failed to appear at a hearing centering on her alleged violations of the Hatch Act. The White House blocked Conway from attending Wednesday’s hearing, prompting t...
22:39 2019-06-27

Facebook Fined $5 Billion and Ordered to Add Oversight of Data Practices The F.T.C. placed new conditions on Facebook for privacy violations, but did not restrict the social network’s ability to gather and use people’s personal information....
16:39 2019-07-24

Facebook's new content oversight board can overrule Mark Zuckerberg Facebook has unveiled the finished charter for its content oversight board, and it's evident that the social site wants to give the board at least some meaningful independence. The new rules will let users appeal content decisions directly to the bo......
04:52 2019-09-18

Dems step up oversight amid detention center firestorm Top House Democrats are escalating their response to Donald Trump’s handling of the migrant crisis at the border, making a direct plea to the president to improve conditions and ramping up their oversight of agencies at the center of a growing political firestorm. Speaker Nancy Pelosi wrote to Trump...
00:26 2019-07-03

Phoenix joins US cities eyeing civilian oversight for police PHOENIX (AP) — Dozens of people, mostly African Americans, huddled around tables scattered across a church gymnasium on a recent evening, discussing past run-ins with Phoenix police officers and ways to hold them accountable. In a city still stinging from a video of officers pointing guns and cursin...
04:39 2019-08-18

Dems accuse DOJ of trying to hobble Congress’ oversight to protect Trump The Justice Department is ignoring centuries of presidential investigations in an attempt to dramatically curtail Congress’ power to probe President Donald Trump, House Democrats argued Tuesday.In a new court filing, House lawyers said the Justice Department’s call to invalidate a subpoena for Trump...
22:39 2019-08-20

Why human oversight will be essential to the next generation of automated data anaytics We’ve all read the news and heard the scaremongering stories around potential flaws and biases in Artificial Intelligence (AI) systems. Despite the scepticism, businesses are undoubtedly using the technology to streamline work processes, automate timely tasks, and completely reimagine the way...
10:39 2019-05-30

Voters in Switzerland approve stronger gun control laws by nearly two-thirds despite resistance Switzerland's public broadcaster said more than 63% of voters nationwide agreed to align with European Union firearms rules adopted two years ago.        ...
00:39 2019-05-22

President Ram Nath Kovind Unveils Mahatma Gandhi's Bust In Switzerland President Ram Nath Kovind today unveiled the bust of Mahatma Gandhi, marking the 150th anniversary of the Father of the Nation and hoped that his legacy will inspire the mankind to tackle climate......
22:13 2019-09-14

Gun control in heavily-armed Switzerland faces May 19 vote, and the Swiss are grumbling In the world’s first referendum of its kind, citizens of this Alpine nation will head to the polls on May 19 to decide on stricter gun control.        ...
00:39 2019-05-22

11 Indians Get Notices As Switzerland Steps Up Process To Share Banking Info As Switzerland strives hard to re-establish its global financial centre position after clamping down on secrecy walls of its banks, there has been a significant surge in the number of cases where it......
02:52 2019-05-27

David McGoldrick earns Ireland vital point with header against Switzerland It may have come in his 11th cap but David McGoldrick can say his first international goal was well timed, as it earned a point that sustains Irish belief in qualification for Euro 2020. That ambition looked far-fetched after Fabian Schär shot Switzerland into the lead, but Ireland, second best for ...
00:39 2019-09-06

Euro 2020: Republic of Ireland 1-1 Switzerland, Romania 1-2 Spain – as it happened Ten-man Spain clung on to beat Romania while the Republic of Ireland drew with Switzerland and Bosnia and Denmark went goal crazy 10.16pm BST And with that, I shall take my leave. It’s been a goal-blessed evening, especially for Scandinavians. Thanks for being here. Here are tomorrow’s Euro 2020 qua...
00:39 2019-09-06

Jerome Powell to speak on future interest rate policy in Switzerland Fed Chairman Jerome “Jay” Powell will speak on Friday in Switzerland. Wall Street always hopes that he will tip off future interest rate policy. But it will be more interesting to see whether Powell says anything about Trump’s desire to have the Fed help him win re-election or weigh in on comments b...
04:39 2019-09-05

Climber falls to death from Matterhorn in Switzerland; guides say mountain ‘too dangerous’ A South Korean climber fell to his death Tuesday descending the iconic Matterhorn peak in Switzerland as local guides continue to call on officials to close the mountain for being “too dangerous.”...
22:39 2019-08-07

Wine festival Fete des Vignerons kicks off in Switzerland with colorful celebration The Fete des Vignerons kicked off in Switzerland on July 18. The festival, which celebrates the world of winemaking, goes for a month.       ...
22:13 2019-07-19

Watch: England's Nikita Parris gets nasty nutmeg vs. Switzerland at World Cup England star Nikita Parris pulled off a filthy nutmeg dribble move during her squad's group stage win against Scotland at the 2019 FIFA Women's World Cup....
16:00 2019-06-10

CFP Board vows stepped up oversight of financial advisors after complaints of lax review Shopping for an advisor? The Certified Financial Planner Board of Standards is changing its processes to help curtail financial advisors with bad track records....
19:13 2019-07-31

State Education Department moves to boost oversight of private schools The state Education Department proposed revised rules Friday to boost its oversight of private and religious schools. The regulations would require the nonpublic schools to provide “substantially equivalent instruction” to what’s offered at public schools. The scrutiny comes amid complaints from edu...
11:39 2019-06-01

Dems fear report on Russia probe could kill their oversight momentum Democrats lurching toward potential impeachment and ramping up their probes of President Donald Trump are becoming increasingly worried that the Justice Department will subvert their efforts. An internal DOJ watchdog report on the origins of the Russia probe is expected to spotlight potential polit...
15:52 2019-06-06

House Oversight probing whether Chao improperly helped her family's company The House Oversight Committee is investigating whether Transportation Secretary Elaine Chao used her official position to benefit her family's shipping company.The committee sent Chao a letter today asking her for all communications since President Donald Trump‘s inauguration between DOT and her fam...
05:00 2019-09-17

Nissan considers giving Renault some seats on oversight committees, report says Nissan is considering giving its alliance partner Renault some seats on planned oversight committees after Renault expressed discontent with the envisioned governance reform, a source said....
18:52 2019-06-15

Representative Justin Amash, Newly Independent, Resigns From Oversight Committee After leaving the Republican Party, Mr. Amash withdrew from the committee, most likely pre-empting his removal but depriving Democrats on the panel of their only bipartisan ally....
02:26 2019-07-09

Organizers of North American Indigenous Games admit to artistic oversight Organizers have issued a statement saying the oversight involving Melissa Labrador happened amid the "excitement" of revealing the official brand for the event last Wednesday....
00:26 2019-06-11

House Oversight chairman demands private emails from Trump officials A top House Democrat demanded Monday that the White House turn over all communications sent by senior officials using private email and messaging services — including encrypted apps — by next week, citing a blanket refusal by the Trump administration to comply with earlier requests. House Oversight...
01:52 2019-07-02

Private schools angry over state proposal to give city more oversight New York’s elite private-school community is “furious” over a state proposal to give the city Department of Education oversight of their kids’ curricula — and they’re fighting back, insiders told The Post. The blanket Albany proposal is primarily intended to ensure that ­yeshiva students get quality...
08:00 2019-07-12

Puerto Rico oversight board reaches deal over retiree pensions Puerto Rico's federally created financial oversight board said on Wednesday it reached a deal to restructure more than $50 billion in unfunded pension liabilities that includes cuts for some of the bankrupt U.S. commonwealth's retired government workers....
01:13 2019-06-13

State hit with 140K public comments on bid to boost private school oversight State education officials have been bombarded with more than 140,000 public comments opposing a plan that would boost governmental control over private and religious schools, The Post has learned. Arguing that more oversight would ensure that all schools satisfy basic education guidelines, the plan ...
06:26 2019-09-12

Nissan considers giving Renault some seats on oversight committees - source Nissan Motor Co is considering giving its alliance partner Renault SA some seats on planned oversight committees after the French automaker expressed discontent with the envisioned governance reform, a source said....
11:00 2019-06-15

House Oversight postpones subpoena vote after Commerce agrees to interviews The House Oversight Committee on Wednesday announced it would postpone voting on subpoenaing the Commerce Department after the agency agreed to allow several current and former officials to be interviewed about adding a citizenship question to the 2020 census. The committee stated that former Senior...
23:26 2019-06-05

U.S. top court takes on Puerto Rico financial oversight board dispute The U.S. Supreme Court on Thursday agreed to decide whether members of Puerto Rico's federally created financial oversight board were lawfully appointed in a dispute that could disrupt the panel's restructuring of about $120 billion of the bankrupt U.S. commonwealth's debt....
03:26 2019-06-21

Rare Stone Steles With Unknown Figures Found At Neolithic Site in Switzerland A remarkable series of standing stones have been found near one of the most important Neolithic sites in Switzerland, and indeed in the entire Alpine region of Europe. ...
21:13 2019-08-01

| Switzerland turns to courts after Nigeria drops anchor over detained oil-tanker it seized Switzerland has asked an international court to order Nigeria to release a Swiss-flagged oil tanker, its cargo and crew, that have been detained off Port Harcourt for the past 16 months....
07:52 2019-06-03

Family Members of Boeing 737 Max Crash Victims Tell Congress to Strengthen FAA Safety Oversight Two men who lost family members in the crash of an Ethiopian Airlines Boeing 737 Max jet called on legislators to change Federal Aviation Administration procedures that let company employees perform safety inspections on aircraft as they’re being built. Paul Njoroge of Toronto, who lost three ...
20:26 2019-07-17

House Oversight plans vote to hold Kellyanne Conway in contempt unless she testifies The chairman of the House Oversight Committee on Monday said the panel will vote to hold White House counselor Kellyanne Conway in contempt of Congress later this month unless she agrees to appear to testify in a hearing....
16:00 2019-07-16

Pricey 2020 Range Rover Evoque SUV nails the look and feel, but has maddening oversight The 2020 Range Rover Evoque SUV is a masterclass in the meaning and value of a strong brand. People will happily pay a premium from the luxury SUV.       ...
00:39 2019-08-09

House Oversight Committee Investigating Transportation Secretary Ellen Chao for Possible Conflicts WASHINGTON — The House Oversight Committee said Monday it is investigating whether Transportation Secretary Elaine Chao acted improperly to benefit herself or her family’s shipping company. Two Democratic leaders sent Chao a letter asking her to turn over documents and communications rel...
02:13 2019-09-17

Puerto Rico oversight board enters agreement to address debt claims Puerto Rico's federally created financial oversight board said on Sunday it has entered into an agreement with bondholders to provide "a framework for a plan of adjustment" to address $35 billion of claims against the U.S. territory....
02:52 2019-06-17

Dems seize on Hope Hicks testimony to break Trump's oversight blockade Hope Hicks’ name appears 184 times in special counsel Robert Mueller’s blockbuster report, in which the longtime confidante of President Donald Trump delivers a painstakingly detailed account of efforts by Trump to thwart the investigation of his campaign's contacts with Russia. On Wednesday, Hicks...
11:52 2019-06-19

House Oversight Committee to vote on possible Kellyanne Conway subpoena over Hatch Act controversy The House Oversight Committee plans to vote Wednesday whether or not subpoena White House counselor Kellyanne Conway following a government watchdog’s finding that she violated the Hatch Act.  ...
23:52 2019-06-23

Russia’s media oversight agency complains YouTube helping to facilitate protests Russia’s media oversight agency said Sunday that it wanted Google to stop YouTube users from posting information about unsanctioned political protests or the Russian government would feel free to retaliate against the American company....
03:26 2019-08-12

Portugal 3-1 Switzerland: Cristiano Ronaldo hat-trick seals Nations League Final spot Cristiano Ronaldo sent a reminder of his sporting brilliance just as his country was turning its focus elsewhere, firing a spectacular hat-trick to send Portugal to the first ever Nations League final....
00:13 2019-06-06

House oversight panel asks Alex Acosta to testify on Jeffrey Epstein plea The House oversight committee asked Labor Secretary Alex Acosta to testify about his involvement in negotiating a deal that put billionaire Jeffrey Epstein in jail for 13 months for sex crimes....
06:13 2019-07-11

Executive director of Puerto Rico's Oversight Board defends proposed restructuring deal The executive director of Puerto Rico's Oversight Board is standing by the restructuring agreement with a portion of bondholders to address $35 billion of Puerto Rico's debt....
19:39 2019-06-17

Puerto Rico's oversight board strikes $35 billion restructuring deal with commonwealth's bondholders The agreement, which is on the framework for the plan of adjustment, provide for more than a 60% average haircut for all $35 billion, a 36% haircut on pre-2012 general obligation or "GO" bonds, and a 27% haircut on public authority bonds that carry a constitutional guarantee on payment....
06:52 2019-06-17

Portugal 3-1 Switzerland: 'Genius' Cristiano Ronaldo hat-trick seals Nations League final place Manager Fernando Santos calls hat-trick hero Cristiano Ronaldo "a genius" as Portugal reach the Nations League final with victory over Switzerland in Porto....
09:13 2019-06-06

Bank of America names Pauli equity capital markets head in Germany, Austria, Switzerland Bank of America has named Thorsten Pauli as its new head of equity capital markets in Germany, Austria and Switzerland, the lender said in a statement on Friday....
17:00 2019-07-12

House oversight holds William Barr, Wilbur Ross in contempt for defying subpoena over census The House oversight committee voted to hold Attorney General William Barr and Commerce Secretary Wilbur Ross in contempt of Congress for defying a subpoena regarding the inclusion of a citizenship question on the 2020 ce...
00:13 2019-06-13

House Oversight Committee to vote on whether to force Kellyanne Conway to testify over alleged Hatch Act violations Jim Young/Reuters White House counselor Kellyanne Conway may be forced to testify before the House Oversight Committee if she doesn't attend a hearing this week concerning her Hatch Act violations. The Hatch Act prohibits employees in the executive branch from engaging in political activity while ...
01:13 2019-06-24

Wednesday’s Daily Brief: Switzerland leads on innovation, UNICEF ‘lifelines’ for Yemen, Ebola latest, Liberia peacekeepers Our main stories today: the latest Global Innovation Index ranks Switzerland the world’s most innovative country, the head of the UN Mission in DRC warns of a ‘deadly environment’ for health workers, UNICEF delivers cash for 9 million vulnerable Yemeni families, acting head of UNAIDS says battle aga...
22:39 2019-07-24

Uefa Nations League Finals LIVE: Switzerland vs England and Portugal vs Netherlands build-up and team news England will look to end their Uefa Nations League campaign on a positive note when they take on Swizerland in their third place play-off this afternoon....
15:39 2019-06-09

House Oversight Committee Votes to Hold Attorney General Barr and Commerce Secretary Ross in Contempt (WASHINGTON) — A House committee voted Wednesday to hold two top Trump administration officials in contempt of Congress for failing to comply with subpoenas for documents related to a decision adding a citizenship question to the 2020 census. The Democratic-controlled House Oversight Committee...
15:00 2019-06-13

Thursday’s Daily Brief: Harrowing terrorist survivors’ stories, children first in Mediterranean rescues, Yemen and Switzerland updates, new SDG Advocates speak out Our main stories today: Boko Haram terrorist survivors tell their stories; UNICEF speaks out for children adrift on the Mediterranean; UN health agency pushes to stem dengue fever in Yemen; Switzerland declines sponsorship deal with tobacco firm; new SDG Advocates on the job....
12:39 2019-08-16

CBOE Hosts 4th Annual CBOE RMC Europe in Geneva, Switzerland -- September 28-30, 2015 CHICAGO, IL – May 5, 2015 – The Chicago Board Options Exchange (CBOE) and CBOE Futures Exchange (CFE) will host the 4th Annual CBOE Risk Management Conference (RMC) Europe, from September 28 through September 30, 2015, at the InterContinental Hotel in Geneva, Switzerland....
03:39 2019-05-22

Democrats Respond to Mueller Statement by Calling for Impeachment, but Also Not Impeachment, but Also More Investigations, but Also Oversight, but Also All of the Above Should Donald Trump be impeached? That’s a good question, and one that every Democrat running for president in 2020 and many other party leaders have been asked for months. The answer is yes, but for the Democrats that point of view is far from unanimous....
21:26 2019-05-29

Forever 21 sent Atkins diet bars with plus-sized orders, calls it 'oversight' Forever 21 is under fire for sending free Atkins diet bars with plus-size orders. Company says it was an oversight and the samples have been removed.       ...
00:52 2019-07-24

Ex-Michigan State University dean found not guilty of sexual misconduct, guilty of neglect in Larry Nassar oversight LANSING, Mich. (AP) — Ex-Michigan State University dean found not guilty of sexual misconduct, guilty of neglect in Larry Nassar oversight. The post Ex-Michigan State University dean found not guilty of sexual misconduct, guilty of neglect in Larry Nassar oversight appeared first on LEX18.com....
16:52 2019-06-12

What is Libra? All you need to know about Facebook's new cryptocurrency Facebook claims it wants to reach people without access to a bank account, and that Libra is the best wayOn Tuesday, Facebook announced a digital currency called Libra that will roll out for use in 2020 and allow the platform’s billions of users across the globe to make financial transactions online...
19:00 2019-06-18

Facebook's New Libra Coin: How Does It Work, and Should You Buy It? On Tuesday Facebook announced Libra, a cryptocurrency that it will launch (along with 27 other partners) in 2020. A little like Bitcoin and a little like PayPal, Libra will be a new digital currency, one available to people without bank accounts or credit cards, but that could potentially be a major...
17:00 2019-06-19

Facebook's New Cryptocurrency, Libra, Gets Big Backers Facebook has signed up more than a dozen companies including Visa, Mastercard, PayPal and Uber to back the new cryptocurrency that the social-media giant plans to unveil next week....
04:26 2019-06-14

Facebook reveals new Libra cryptocurrency Facebook has finally taken the wraps off its long-awaited cryptocurrency.The social media giant has revealed that it will be launching the new Libra cryptocurrency as part of its blockchain-powered Calibra digital wallet, coming to Messenger and WhatsApp in 2020.Facebook says you'll be able to ...
16:52 2019-06-18

Facebook Libra scams already on the rise Ahead of the launch of Facebook Libra, a new investigation by The Washington Post has discovered a dozen accounts, pages and groups on both Facebook and Instagram that claim to be official hubs of the social networking giant's new cryptocurrency.Some of these fraudulent pages even advertise tha...
22:13 2019-07-23

Facebook's Libra Needs Scrutiny, BOE's Carney Says Facebook’s Libra project should be carefully vetted by regulators, Bank of England Gov. Mark Carney is expected to say Thursday, offering an early insight into how the U.K. central bank will approach the new cryptocurrency....
15:26 2019-06-21

Facebook set for grilling on Libra cryptocurrency Facebook is set to face further scrutiny on its ambitions to launch a cryptocurrency after "very serious concerns" were raised by senior US government members.The company is set to be questioned by the US Senate Banking Committee over its Libra cryptocurrency as the government looks to clarify its s...
16:39 2019-07-16

Facebook's Libra will be disruptive, says ECB's Coeure Digital currencies such as Facebook's Libra will disrupt the financial system, either by forcing central banks to innovate or by grabbing a global role that could challenge the dominance of the dollar, ECB board member Benoit Coeure said on Tuesday....
22:52 2019-09-17

US Treasury has 'serious concerns' Libra could be used for terrorism The US government views cryptocurrencies, including Facebook-backed Libra, as a national security issue. In a press conference today, Treasury Secretary Steven Mnuchin said the Treasury Department has "very serious concerns" that Libra could be misus......
03:39 2019-07-16

France: we can't allow Facebook's Libra in Europe French Finance Minister Bruno Le Maire said on Thursday Facebook's Libra cryptocurrency cannot operate in Europe under current conditions, citing systemic financial risks, risks for sovereignty, and the potential for abuse of market dominance....
12:52 2019-09-12

Why (Almost) Everybody Hates Facebook’s Cryptocurrency Libra Facebook Inc. says its mission is to “bring the world closer together.” Its plans to launch a digital currency called Libra have succeeded in uniting central bankers and financial regulators from around the globe, along with U.S. President Donald Trump and his Democratic opponents in Congress. They’...
18:39 2019-07-16

SEC Weighs Whether to Regulate Facebook's Libra U.S. securities regulators are examining whether Facebook Inc.’s planned cryptocurrency should fall under their oversight, a development that could further complicate the project....
13:39 2019-07-13

U.S. SEC chief says he has not met with Facebook since Libra announcement A top U.S. financial market regulator said on Tuesday he has not discussed with Facebook its Libra currency proposal, nearly a month after the social media giant announced the project....
22:13 2019-07-16

Facebook’s ‘cryptocurrency’ Libra has nothing to do with Bitcoin Facebook's Libra is not a cryptocurrency and won't offer the kinds of protections that Bitcoin does. It's a way for Facebook to track what you buy.Read More...
00:39 2019-07-05

U.S. SEC chief says he has not discussed Libra with Facebook A top U.S. financial market regulator said on Tuesday he has not discussed with Facebook its Libra currency proposal, nearly a month after the social media giant announced the project....
21:52 2019-07-16

France says G7 focused on containing risks of Facebook's Libra Group of Seven finance ministers meeting in France this week will make it one of their priorities to contain the risks posed by new currencies such as Facebook's Libra, the meeting's host, Finance Minister Bruno Le Maire, said....
12:00 2019-07-17

Facebook’s ‘cryptocurrency’ Libra may be in more trouble than we thought Facebook‘s ‘cryptocurrency’ Libra may be in even deeper trouble than we thought if a recent report is anything to go by. According to the Financial Times, it seems that some of Facebook‘s early backers have been spooked by increasing regulatory scrutiny. It’s being reported that at least three of Fa...
14:39 2019-08-23

EU regulators to set high bar to authorise Libra, ECB's Coeure says European Union regulators will set a high bar on regulatory approvals for virtual currency projects in Europe, including Facebook's Libra, European Central Bank board member Benoit Coeure said on Friday....
14:26 2019-09-13

Facebook, stop trying to make Libra happen Just when we thought Facebook’s Libra couldn’t be subject to any more scrutiny, it turns out that data protection bosses from all over the world have banded together to share concerns about the ‘cryptocurrency’s’ potential privacy risks. Data officers from the UK, European Union, US, Canada, Burkina...
14:26 2019-08-06

Libra cryptocurrency will increase financial inclusion The Libra Association, created in part by Facebook to launch a digital currency, is not in tension with regulatory oversight, writes Dante Disparte.       ...
02:39 2019-07-04

Facebook met UK officials three times before Libra announcement Facebook met British finance ministry, central bank and regulatory officials in the weeks before making public its plans for the Libra digital currency, responses to Reuters freedom of information requests show....
18:39 2019-09-18

Facebook Says Central Banks Have Nothing to Fear From Libra Facebook is once again defending Libra -- this time against fears that the envisioned cryptocurrency could replace sovereign currencies from the US dollar to the Euro and threaten central banks'......
19:00 2019-09-18

Facebook to Hire Banking Expert to Run 'Libra' David Marcus, Facebook's vice president of messaging products and a key figure behind 'Libra' digital currency project, made the statement in an interview....
23:00 2019-06-29

UPDATE 2-U.S. SEC chief says he has not met with Facebook since Libra announcement A top U.S. financial market regulator said on Tuesday he has not discussed with Facebook its Libra currency proposal, nearly a month after the social media giant announced the project....
21:52 2019-07-16

IMF says regulators must address possible risks from Facebook's Libra Facebook Inc's planned cryptocurrency Libra could help boost financial inclusion, but also raises concerns about consumer protection, data privacy, and potential "backdoor dollarization," the IMF's chief economist said on Wednesday....
18:14 2019-07-17

UPDATE 1-France: we can't allow Facebook's Libra in Europe Facebook's Libra cryptocurrency cannot be allowed to operate in Europe while concerns persist about sovereignty, systemic financial risks and the risk of abuses by a dominant market player, France's finance minister said on Thursday....
12:52 2019-09-12

Facebook to face more scrutiny from Congress on Libra Facebook Inc will face more questioning on Wednesday by U.S. lawmakers over its planned cryptocurrency after a bruising first bout when senators from both parties condemned the project, saying the company had not shown it could be trusted....
13:26 2019-07-17

Facebook's Libra Is a License to Print Money A bunch of big companies have agreed to pony up $10 million each to take part, and it is easy to see why: On some reasonable-sounding assumptions about its take-up, it could be insanely profitable in real money, too....
17:52 2019-06-23

Bitcoin Loses Almost a Third of Its Value as Libra Hype Fades Facebook’s struggle to convince lawmakers it can create a viable cryptocurrency is rubbing off on bitcoin. Regulatory scrutiny of the company’s ambitious plan to release a digital coin, called Libra, has spoiled bitcoin’s big rally this year....
11:39 2019-07-17

Facebook's Libra Bets It Can Bank the Unbanked Facebook has an ambitious goal for its proposed cryptocurrency, Libra: to bring financial services to the hundreds of millions of people world-wide who don’t use banks or other traditional institutions. The cryptocurrency sector has for years tried to do the same and failed....
16:00 2019-08-22

Regulators to question Facebook over new Libra cryptocurrency BoE among 26 global banks due to meet with Libra amid fears over risk to state sovereigntyGlobal regulators will question Facebook on Monday about its Libra cryptocurrency amid concerns from EU governments over the threat the digital currency poses to financial stability, according to the Financial ...
16:52 2019-09-15

Facebook takes aim at e-commerce with Libra cryptocurrency Facebook plans to launch a cryptocurrency called Libra next year as part of its wider efforts to expand beyond social networking into e-commerce and global payments....
17:39 2019-06-18

Facebook needs to drop Libra and buy Square, Jim Cramer says "It's clearly doing more harm than good," the "Mad Money" host says. Instead Facebook should buy Square for $70 billion and expand the payments network worldwide....
01:39 2019-07-18

Libra Association launches bug bounty program The Libra Association has announced a bug bounty program with up to $10,000 in rewards for identifying security flaws in the blockchain's testnet code.Read More...
05:26 2019-08-28

Facebook's real goal with Libra is to become even more of a utility David Marcus, the head of Facebook's digital currency project, said the company expects Libra will drive more advertising revenue for the company....
21:26 2019-07-15

Facebook won't make Libra available until regulators are happy Facebook is determined to reassure officials that its Libra cryptocurrency is above-board. As part of prepared testimony for a July 16th Senate hearing, Calibra head David Marcus has stressed that the social network won't offer the virtual money unti......
21:00 2019-07-15

India isn’t keen on Facebook’s Libra ‘cryptocurrency’ Facebook’s new digital currency Libra has received an early jolt from the Indian government. The authorities in Asia’s third-largest economy are no more keen on the social media giant’s project than any cryptocurrency that came before it. “Design of the Facebook currency has not been fully explained...
15:13 2019-07-08

Facebook to launch Libra cryptocurrency next year Social media giant Facebook on Tuesday officially announced it will launch its own cryptocurrency, in a move some analysts believe could bring others like bitcoin more in the mainstream....
19:52 2019-06-18

Stablecoins like Libra must be held to highest standards: G7 Stablecoins like Facebook's Libra can foster financial inclusion but they must be held "to the highest regulatory standards" to ensure that they aren't used to launder money and that users are protected, a Group of Seven taskforce on the issue concluded....
18:52 2019-07-18

Facebook's Libra falls into 'big gap' in EU rules: regulator Facebook's proposed Libra cryptocurrency falls into a "big gap" in European Union financial regulation at a time when the bloc's ability to tackle money laundering is already stretched, a top EU regulator said on Thursday....
15:13 2019-09-05

Donald Trump is 'not a fan' of cryptocurrency, Facebook Libra Just hours after a "social media summit," the president's Twitter account posted a thread aimed at, of all things, cryptocurrency. After starting off by claiming he's "not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose va......
04:26 2019-07-12

Fed's Powell Says Facebook's Libra Raises 'Serious Concerns' Federal Reserve Chairman Jerome Powell and legislators in both parties expressed broad concern about Facebook’s plan to create a cryptocurrency-based payment network....
03:39 2019-07-12

Steer Clear of Libra Cryptocurrency Scams Libra hasn’t even officially debuted on Facebook yet, but the highly anticipated cryptocurrency has already gotten a ton of interests—from scammers. In fact, it’s hard to tell who is more interested in Libra at this point: those looking to make a quick buck from cajoling you to jump in early so you ...
19:52 2019-07-23

Investors Bet That Visa, Mastercard Can Stand Up to Libra Investors are betting that Facebook’s efforts to create a blockchain-based payments system won’t threaten credit-card companies’ winning streak—at least for now....
21:13 2019-06-18

Libra Association opens Bug Bounty program to everyone Facebook's Calibra digital wallet isn't expected to launch until 2020. But, as you might expect, the organization created to protect the Libra cryptocurrency that will be used with Calibra (and other Libra financial services) is already working to en......
20:26 2019-08-27

How Facebook's Libra could lead you to clean out your wallet Facebook's upcoming cryptocurrency Libra has some experts concerned about security issues. A possible bigger problem: out-of-control spending by consumers....
18:13 2019-07-05

G7 nations to act against Facebook's 'Libra' cryptocurrency plan Facebook's plan to introduce its own cryptocurrency has come under sharp criticism from many countries. The social media giant announced in June that it would roll out a new digital currency, called Libra, from 2020....
02:01 2019-07-18

Facebook's Libra coin likely to run a regulatory gauntlet Facebook Inc will face unprecedented regulatory scrutiny over a new digital currency that the social media company hopes will become globally recognized legal tender within a year....
23:13 2019-06-28

Hard to Read Facebook's Libra Fortune Facebook’s cryptocurrency unveiling was widely anticipated, but bets on Libra catching on and generating meaningful revenue remain highly speculative....
19:13 2019-06-18

Facebook's Cryptocurrency "Libra" Will Be Launched In 2020 Facebook Inc revealed plans on Tuesday to launch a cryptocurrency called Libra, the latest development in its effort to expand beyond social networking and move into e-commerce and global payments....
20:39 2019-06-18

| Facebook’s big Libra launch 'only fanned the flames' for critics Congress holding hearings on Facebook’s plan for a possible digital coin suggests that the high-profile debut for Libra was likely a public relations effort gone bad....
00:26 2019-08-04

Federal Reserve already concerned over Facebook’s cryptocurrency Libra Facebook’s cryptocurrency Libra hasn’t been launched yet, but it’s already giving the Federal Reserve a headache. “Libra raises serious concerns regarding privacy, money laundering, consumer protection, financial stability,” Fed Chairman Jerome Powell warned Congress on Wednesday. “These are concern...
06:13 2019-07-11

Facebook cryptocurrency Libra skewered on Capitol Hill Facebook has pitched the cryptocurrency as a way to bridge a gap in the financial system for those who lack access to traditional banking. But regulators around the world and U.S. lawmakers have questioned the plan....
18:39 2019-07-16

Senate to grill Facebook over plans for Libra cryptocurrency U.S. lawmakers from both sides of the aisle are set to grill Facebook Inc on its cryptocurrency plans on Tuesday, as the project continues to draw intense scrutiny from financial regulators and politicians across the globe. Facebook is fighting a rearguard action to get Washington onside after it...
14:13 2019-07-16

UK's data watchdog seeks more clarity from Facebook over Libra Britain's data protection watchdog said on Monday that it had joined with its counterparts from around the world in calling for more openness about Facebook's proposed Libra digital currency....
19:00 2019-08-05

Washington Has Doubts About Facebook's Libra Payments Network Cryptocurrency backers found a silver lining in President Trump’s Thursday attacks on bitcoin: The attention from him—and Fed Chairman Jerome Powell the same day—shows the industry’s growing importance....
16:39 2019-07-12

| Privacy watchdogs warn Facebook over Libra currency Global privacy regulators have joined forces to demand guarantees from Facebook on how it will protect users' financial data when it launches its planned cryptocurrency, Libra....
18:39 2019-08-06

US, UK regulators ask Facebook how Libra will protect personal data Facebook knew its Libra cryptocurrency would face a regulatory gauntlet, but it might not have expected a united front. Regulators from the US, UK, EU and four other governments have asked Facebook to answer several questions about how it will prote......
03:39 2019-08-06

Why governments around the world are afraid of Libra, Facebook’s cryptocurrency Critics worry Libra would threaten government-backed currencies and consumer privacy, while giving Facebook reign over an unprecedented global financial system....
21:00 2019-07-12

Can Facebook's Libra Avoid Regulators? History Suggests Not For all its crypto styling, Facebook’s Libra looks less like bitcoin and more like a 50-year-old type of investment fund that has attracted intense regulatory scrutiny since the 2008 financial crisis. Investors should be skeptical of claims it can escape the same kind of attention....
14:26 2019-07-04

Senators Grill Facebook on Libra Cryptocurrency Plans The social media company introduced its Libra effort last month. On Tuesday, members of the Senate Banking Committee raised broad concerns about the project....
17:26 2019-07-16

U.S. Senate to grill Facebook over plans for Libra cryptocurrency U.S. lawmakers from both sides of the aisle are set to grill Facebook Inc on its cryptocurrency plans on Tuesday, as the project continues to draw intense scrutiny from financial regulators and politicians across the globe....
12:52 2019-07-16

Facebook Needs 'Very High Standard' For Libra Coin: US Treasury Facebook must meet "a very high standard" before it moves ahead with its planned digital currency Libra, US Treasury Secretary Steven Mnuchin said Monday....
03:39 2019-07-16

Facebook reveals Libra cryptocurrency, with lofty goals Facebook Inc revealed plans on Tuesday to launch a cryptocurrency called Libra, the latest development in its effort to expand beyond social networking and move into e-commerce and global payments....
12:26 2019-06-18

Libra: US Congress asks Facebook to pause development Legislators say they need time to investigate cryptocurrency and its potential impactThe US Congress has asked Facebook to pause development on its Libra cryptocurrency until lawmakers have had more time to investigate the ramifications of the company’s actions.In a letter from the Democratic heads ...
13:52 2019-07-03

Facebook's Libra Could Give Dollar, Banks Some Welcome Competition Facebook’s new digital currency has the potential to become a true alternative to national currencies by creating a de facto central bank, which other fin-tech startups and cryptocurrencies have failed to do....
21:26 2019-06-27

Facebook Unveils Plans For Global Cryptocurrency 'Libra' Facebook and some two dozen partners on Tuesday released a prototype of a cryptocurrency called Libra, whose rollout as global digital money is expected next year....
13:13 2019-06-19

Facebook Says Libra Can Change the World. It Needs to Convince Users. Facebook has big plans to remake the financial system with its cryptocurrency-based payments network. But persuading people to adopt a brand-new technology could be tough....
21:26 2019-06-27

Japan urges G7 to think beyond existing rules in dealing with Libra Japanese Finance Minister Taro Aso on Wednesday urged his G7 counterparts to make a comprehensive assessment of Facebook Inc's Libra digital currency for any fresh challenges that could be overlooked by existing regulations....
05:52 2019-07-18

Facebook’s Libra coin isn’t even out yet, but it’s already facing opposition in Europe Facebook on Tuesday announced the Bitcoin rival it has been developing for the better part of a year: Libra. From the start, Facebook insisted on how secure Libra would be, and on the fact that a subsidiary called Calibra will be in charge of Libra, and that a Libra Association would oversee the Lib...
22:39 2019-06-18

Is Facebook’s new Libra currency a play to become the world’s banker? The social-media giant says it wants to provide financial services to billions of people around the world, including those who lack access to banking....
03:26 2019-06-19

Japan urges G-7 to think beyond existing rules in dealing with Libra Japanese Finance Minister Taro Aso on Wednesday urged his G-7 counterparts to make a comprehensive assessment of Facebook's Libra digital currency for any fresh challenges that could be overlooked by existing regulations....
09:52 2019-07-18

Congress finally catches up to the ‘bitcon’ after Libra controversy As I was saying in a column back on May 22, bitcoin and all the other phony cryptocurrencies need to be investigated. They are “bitcons” — confidence games that are going to eventually cheat anyone foolish enough to entrust their money to these scams. And they are dangerous because they allow rogue ...
11:26 2019-07-18

Libra launch won't happen until regulators are happy: Coeure Global regulators will not let Facebook launch its Libra currency until all their concerns, ranging from money laundering to financial stability, have been addressed and "a prolonged discussion" may be needed first, the man in charge of their response told Reuters....
18:52 2019-07-18

Facebook's Libra Cryptocurrency: How It Stacks Up to Bitcoin and PayPal In many ways, Libra appears to operate more like existing web-payment systems, such as PayPal, than bitcoin. Here’s how Facebook’s new system compares with systems already out there....
12:39 2019-06-28

Facebook Called Before US Senate Panel Over Libra Coin Facebook's plans to create a global cryptocurrency will face scrutiny from the US Senate Banking Committee on July 16, the latest sign that policymakers around the globe are casting a wary eye on......
07:00 2019-06-20

Facebook's Libra puts 'unregulated cryptocurrencies' into focus The G7 ministers said this week they want to clamp down on cryptocurrencies like Facebook's Libra, arguing new and untested digital coins risk destabilizing international monetary systems. But can they and should they?...
23:39 2019-07-19

‘Arrogance,’ ‘a ploy,’ ‘bold’: Here’s what officials are saying about Facebook’s Libra Officials at home and abroad sounded off this week about Facebook's plans to start a cryptocurrency, expressing fears it could destabilize financial markets....
02:13 2019-07-20

'I don't think you should launch Libra': US lawmakers hammer Facebook over currency House members challenge company over its plans to protect data and question its goals in latest clash on Capitol HillFacebook once again faced intense questioning from US lawmakers over the future launch of its cryptocurrency project Libra, in a combative hearing that highlighted deep skepticism ove...
23:26 2019-07-17

Facebook reveals its new digital currency called Libra As expected, Facebook announced a brand new cryptocurrency coming in 2020 – Libra. Described as a new digital wallet for new digital currency, the new financial service will allow consumers to keep their cryptocurrency safe, as well as make various transactions.When it launches in 2020, the digital ...
16:26 2019-06-18

Senators grill Facebook on its plans for Libra cryptocurrency Facebook Inc is "delusional" to believe people will trust it with their money, a U.S. senator said on Tuesday as lawmakers from both sides of the aisle grilled the social media company on its plans for a digital currency at a hearing on Tuesday....
19:00 2019-07-16

US lawmakers tell Facebook to halt the launch of its Libra cryptocurrency US lawmakers have asked Facebook to "immediately cease implementation plans" of its Libra cryptocurrency. Before it proceeds any further, the House Financial Services Committee, led by Democrat Maxine Waters, wants to examine risks around cyber secur......
11:39 2019-07-03

Congress Demands Facebook Put Brakes on Libra Cryptocurrency Facebook’s Libra cryptocurrency is off to a rocky start. After announcing Libra last month, U.S. lawmakers were none too thrilled given the social media giant’s dubious track record with privacy. Now, the U.S. House Committee on Financial Services is calling on Facebook to halt its plans.Read more.....
19:00 2019-07-03

Why Facebook's Libra currency gets the thumbs down | Joseph Stiglitz Only a fool would trust Facebook with their financial wellbeing. But maybe that’s the point of the Libra currencyFacebook and some of its corporate allies have decided that what the world really needs is another cryptocurrency, and that launching one is the best way to use the vast talents at their ...
15:52 2019-07-02

Facebook Questioned by Lawmakers on Its Libra Digital Currency Facebook was questioned by senators who said they don’t trust the social-media giant to operate a global cryptocurrency, but its main challenge will be overcoming skepticism from global regulators....
00:39 2019-07-17

Conditions not in place for Facebook's Libra to go ahead - France Facebook's Libra digital coin project cannot go ahead in the form it has been presented so far, French Finance Minister Bruno Le Maire said on Wednesday....
12:52 2019-07-17

U.S. lawmakers challenge Facebook over Libra cryptocurrency plan U.S. lawmakers quizzed Facebook on Wednesday over its planned cryptocurrency, after a bruising first bout a day earlier when senators from both parties condemned the project, saying the company had not shown it could be trusted....
18:00 2019-07-17

Facebook's Libra launch will extend its global domination Cryptocurrency could wipe out many businesses and further concentrate corporate powerEvery week, dozens of people walk into the Sunshine convenience store in Charlottesville, Virginia, to send money to relatives in other countries. They use a service called MoneyGram, one of the two largest firms (t...
11:52 2019-06-18

Facebook Unveils Libra, Cryptocurrency Rival to Bitcoin Facebook formally announced plans to launch a cryptocurrency called Libra, promising a secure blockchain-based payment system backed by hard assets and designed for mainstream users....
14:00 2019-06-18

Democrats call on Facebook to abandon Libra cryptocurrency Rep. Maxine Waters (D-Calif.), chair of the House Financial Services Committee, compared Facebook to scandal-plagued Wells Fargo and said the tech giant shouldn't be allowed to proceed....
21:26 2019-07-17

Conditions not in place for Facebook's Libra to go ahead: France Facebook's Libra digital coin project cannot go ahead in the form it has been presented so far, French Finance Minister Bruno Le Maire said on Wednesday....
21:52 2019-07-17

Bitcoin Fans Spy Opportunity in Facebook Libra Launch Bitcoin’s backers are adamant that Facebook’s coming digital currency, Libra, won’t spell the demise of other cryptocurrencies. To the contrary, many believe the launch of Libra spells opportunity....
14:52 2019-06-18

Here are the Senate’s sickest burns dished out to Facebook’s Libra Facebook‘s digital currency, Libra, has been causing a bit of a ruckus lately. Since its plans became public a few weeks ago, headlines have largely been awash with why it’s probably a bad idea. Nations all over the globe started to wake up to the reality of a currency controlled by the data hoardin...
22:52 2019-07-17

Facebook's Libra Coin Frightening, Company Co-Founder Says Facebook co-founder Chris Hughes, who initiated the call to break up the social networking giant, has termed the new digital currency Libra "frightening"....
13:39 2019-06-22

France Hardens Position Against Facebook's Libra Currency Europe should block Facebook-backed digital currency Libra and create a public alternative, a senior French official said, staking out a hard line amid broader resistance to the idea from U.S. and international officials....
00:00 2019-09-13

Swiss welcome scrutiny in handling Libra cyrptocurrency: watchdog Switzerland welcomes international scrutiny of the way it oversees the Facebook-led Libra cryptocurrency project and is ready to work with other countries to ensure seamless supervision, the top Swiss financial watchdog said....
10:26 2019-09-12

BoE's Carney says keeping open mind on Facebook's Libra Bank of England governor Mark Carney has said he is keeping an 'open mind' on the potential utility of Facebook's planned cryptocurrency, but warned it may face strict regulation if it takes off....
18:52 2019-06-18

Central banks to question Facebook over Libra cryptocurrency Facebook is about to undergo further scrutiny of its Libra cryptocurrency, and it may have to answer some difficult questions. Officials speaking to the Financial Times said that Libra representatives are meeting with officials from 26 central banks......
10:39 2019-09-16

Facebook's Libra faces EU antitrust probe: Bloomberg Facebook Inc's proposed digital currency Libra faces anti-trust probe by European Union regulators, Bloomberg reported on Tuesday, citing a document seen by the organization....
02:39 2019-08-21

France seeks Facebook Libra cryptocurrency ban in Europe France's economic minister intends to block Facebook's Libra cryptocurrency in Europe, citing threats to financial stability and accountability.Read More...
15:52 2019-09-12

France doesn’t want Facebook to operate Libra in Europe Facebook’s ambitious cryptocurrency project, Libra, has been facing a lot of heat in Europe since its announcement in June. Now, according to Reuters, the French finance minister, Bruno Le Maire, doesn’t want it to operate in the EU, as he feels it’s unclear exactly how the digital currency will fun...
15:52 2019-09-12

Facebook's Libra Association opens Bug Bounty program to everyone Facebook's Calibra digital wallet isn't scheduled to launch until 2020. But, as you might expect, the organization that was created to protect the Libra cryptocurrency powering Calibra is already working to ensure it keeps people's data safe. We're t......
15:39 2019-08-27

Facebook’s Libra Association is being investigated by EU antitrust regulators Facebook's Libra cryptocurrency project is being probed again, this time by European Union antitrust regulators. The European Commission said it is "currently investigating potential anti-competitive behavior," related to the Libra Association, Bloom......
22:39 2019-08-20

Germany against allowing Facebook's Libra in Europe: Der Spiegel The German government is against giving regulatory approval for Facebook's Libra digital currency in the European Union, Der Spiegel magazine reported on Friday, citing a member of Chancellor Angela Merkel's conservatives....
18:00 2019-09-13

France to block Facebook's Libra cryptocurrency in Europe Finance minister says governments’ monetary sovereignty could be at riskFrance has said it will block the development of Facebook’s Libra in Europe, dealing the cryptocurrency a fresh blow. The French finance minister, Bruno Le Maire, said plans for Libra could not move ahead until concerns over con...
00:52 2019-09-13

France, Germany reject Facebook's libra cryptocurrency Facebook announced big plans to revolutionize payments in Europe with the launch of a virtual currency. But EU finance ministers see libra as a risk to monetary stability....
03:13 2019-09-14

PayPal Cautious About Future of Facebook's Libra Cryptocurrency PayPal is cautious about the future of Facebook-backed cryptocurrency Libra, which is slated to debut with the pioneering digital payments firm as part of its oversight association....
09:00 2019-09-14

China says new digital currency will be similar to Facebook's Libra China's proposed new digital currency would bear some similarities to Facebook's Libra coin and would be able to be used across major payment platforms such as WeChat and Alipay, a senior central bank officer said....
09:39 2019-09-06

Facebook's Libra cryptocurrency faces EU antitrust scrutiny Facebook's Libra is reportedly being probed by the European Union's competition authorities. The cryptocurrency plan has been met with intense skepticism from both data protection activists and regulators....
17:00 2019-08-21

EU looking to see if Facebook's Libra currency poses competition risks EU regulators are examining Facebook's proposed Libra cryptocurrency to see if it harms competition, Europe's antitrust regulator said on Wednesday, the latest watchdog to voice concerns about the social network's move into financial services....
22:00 2019-09-04

| Facebook's Libra currency could threaten the euro - official Widespread adoption of Facebook's proposed 'Libra' cryptocurrency could harm the European Central Bank's ability to manage the eurozone economy and threaten the euro itself, a top official said....
04:13 2019-09-04

Facebook’s Libra currency gets backing from MasterCard, Visa, PayPal and more Today, Facebook finally announced its long-rumored cryptocurrency platform, Calibra. Some speculated that the company would rely on outside firms and existing cryptocurrency exchanges, like the Winklevoss twins' Gemini. Instead, Facebook's Calibra wi......
17:00 2019-06-18

Facebook's Libra cryptocurrency needs deep thought and detail: UK regulator Facebook's fledging cryptocurrency will raise questions for both society and government that need close examination, a senior official at Britain's financial watchdog said on Tuesday, in another sign that the planned project will face deep scrutiny....
17:13 2019-07-02

Germany's Scholz: We cannot accept parallel currencies such as Facebook's Libra German Finance Minister Olaf Scholz said on Tuesday policymakers could not accept the emergence of parallel currencies such as Facebook's planned Libra, adding that Berlin would reject any such plans....
22:52 2019-09-17

Libra: Facebook launches cryptocurrency in bid to shake up global finance Digital currency will let billions of users make transactions but is raising privacy concerns•Facebook’s Libra launch will extend its global domination•All you need to know about Facebook’s new cryptocurrencyFacebook has announced a digital currency called Libra that will allow its billions of users...
15:13 2019-06-18

Senate opens hearing into Facebook plans for Libra cryptocurrency U.S. lawmakers from both sides of the aisle were set to grill Facebook Inc on its cryptocurrency plans on Tuesday, as the project continues to draw intense scrutiny from financial regulators and politicians across the globe. Facebook is fighting a rearguard action to get Washington onside after i...
16:52 2019-07-16

Facebook’s Libra ‘cryptocurrency’ is missing one thing: monetary policy Facebook has outlined the economics of its new Libra cryptocurrency, revealing it will create a secondary token intended specifically to pay dividends to early backers. It’s called the Libra Investment Token, and it will only be available to members of the Libra Association (which maintains the netw...
15:00 2019-06-18

UPDATE 3-U.S. senators grill Facebook on its plans for Libra cryptocurrency Facebook Inc is "delusional" to believe people will trust it with their money, a U.S. senator said on Tuesday as lawmakers from both sides of the aisle grilled the social media company on its plans for a digital currency at a hearing on Tuesday....
18:26 2019-07-16

Facebook's Libra cryptocurrency stirs criticism, privacy concerns US lawmakers have grilled Facebook on its ambitious plan to create a financial ecosystem based on a digital currency called Libra. The project is viewed with skepticism in many countries, including Germany....
18:26 2019-07-16

Facebook Libra digital currency will carry hidden costs When Facebook announced its intention to get into the money business, we wondered what would be next. Its own court system? An army?: Our view       ...
02:39 2019-07-04

Factbox: Facebook's new cryptocurrency Libra and digital wallet Calibra 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....
12:26 2019-06-18

Facebook announces Libra cryptocurrency and Calibra digital wallet 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 a...
11:26 2019-06-18

Factbox: Facebook's cryptocurrency Libra and digital wallet Calibra Facebook Inc revealed lofty plans to establish a cryptocurrency called Libra in June, but the project quickly ran into trouble with skeptical regulators around the world....
23:13 2019-09-13

ECB's Villeroy tells Facebook that Libra faces tough scrutiny European Central Bank board member Francois Villeroy de Galhau said on Tuesday that "stablecoins" like Facebook’s Libra highlight gaps in rules and the media giant's payments project faced a tough regulatory approach....
22:52 2019-09-17

Explainer: 'Stablecoins' in the spotlight as Facebook unveils Libra cryptocurrency The original cryptocurrency accounts for over half of the $285 billion global coin trading market. But that dominance is under threat, with a host of alternative digital coins emerging as developers race to build cryptocurrencies able to enter mainstream commerce and finance....
17:39 2019-06-18

Facebook's Libra: Why is the world fascinated by a cashless society Facebook’s Libra is joining the cryptocurrency world alongside Bitcoin and Ethereum, but this isn’t the first cashless method on the market. As companies are simplifying consumer transactions, will cash reach an expiration date? We explain.       ...
22:39 2019-06-28

'Flakey, unstable, bad with money': Astrologers on Facebook's Libra currency With Mars in the 12th house at the time of the announcement, the new cryptocurrency should ultimately succeedWhen Facebook announced its cryptocurrency Libra, which shares its title with an astrological sign for people born approximately between September 23 and October 23, people had a lot of quest...
22:00 2019-06-20

Facebook forced to take action against fraudsters peddling fake Libra It’s barely been a month since Facebook unleashed its cryptocurrency Libra into the wild and published its whitepaper. But already, the social media giant has been forced to address a growing number of fake communications associated to its digital asset. Around a dozen “fake accounts, pages, and gro...
14:26 2019-07-23

Consensus among G7 ministers to tackle Facebook's Libra: French chair G7 ministers meeting in France on Wednesday agreed on the need to confront the emergence of digital currencies following Facebook's plans to launch its Libra digital coin, a French G7 presidency source said on Wednesday....
21:52 2019-07-17

Swiss-based Libra will have to meet tough U.S. standards: U.S. Treasury The Facebook-led Libra cryptocurrency project must meet the highest standards for combating money laundering and terrorism financing if it is to get off the ground, a senior U.S. Treasury official said on Tuesday....
18:52 2019-09-10

UPDATE 5-U.S. lawmakers challenge Facebook over Libra cryptocurrency plan U.S. lawmakers bashed Facebook on Wednesday over its planned cryptocurrency, after a bruising first bout a day earlier when senators from both parties condemned the project, saying the company had not shown it could be trusted....
21:52 2019-07-17

Facebook's Libra cryptocurrency faces questions from international regulators Chair of Financial Stability Board says company’s plans could spark closer scrutiny of cryptocurrenciesFacebook’s Libra cryptocurrency is facing increasing skepticism from international regulators days after ambitious plans for it were unveiled by the social media company.On Tuesday, Randal Quarles,...
21:13 2019-06-27

G7 urges tough Libra regulation, agrees to tax digital giants Digital currencies such as Facebook's planned Libra raise serious concerns and must be regulated as tightly as possible to ensure they do not upset the world's financial system, Group of Seven finance ministers and central bankers said on Thursday....
18:52 2019-07-18

Bank of England to mull access for likes of Facebook’s Libra LONDON (AP) — Bank of England Governor Mark Carney is open to the idea of letting new payment services such as Facebook’s upcoming Libra hold funds with the central bank — something previously limited to commercial banks. Carney is to tell an audience of bankers in London later Thursday it ...
20:26 2019-06-20

Swiss-based Libra will have to meet tough U.S. standards-U.S. Treasury The Facebook-led Libra cryptocurrency project must meet the highest standards for combating money laundering and terrorism financing if it is to get off the ground, a senior U.S. Treasury official said on Tuesday....
05:13 2019-09-11

Facebook's Libra seeks Swiss payment system license Facebook's Libra cryptocurrency project is seeking a Swiss payment system license, financial watchdog FINMA said on Wednesday, noting the breadth of the planned services would require broad oversight....
09:39 2019-09-11

Crypto Twitter responds to the reality of Facebook’s Libra ‘cryptocurrency’ Following months of speculation, Facebook finally confirmed the release of Libra next year. The tech giant also unveiled details about Calibra, its corresponding custodial digital wallet, but failed to provide specifics about its launch plans. Given the buildup to the announcement, it didn’t take lo...
18:26 2019-06-18

UPDATE 3-Facebook reveals Libra cryptocurrency, with lofty goals * Consumer privacy concerns and regulatory questions remain (Adds comments from French Finance Minister, U.S. Senator Mark Warner, graphic link; updates shares)...
18:52 2019-06-18

Bitcoin price falls below $10,000 as boost from Facebook's Libra fades Cryptocurrency climbed to nearly $14,000 on news social network was launching rivalThe price of bitcoin has fallen back below $10,000, down 30% from last week’s peak of nearly $14,000.Continuing its wild ride, the digital currency dropped to $9,717 on Tuesday, down 8.1% on the day. Last Wednesday th...
10:00 2019-07-02

Swiss National Bank in close contact with authorities on Libra Switzerland's central bank is in close contact with relevant authorities over Facebook's Geneva-based Libra cyptocurrency project, Swiss National Bank Vice-Chairman Fritz Zurbruegg said on Tuesday....
12:00 2019-08-27

Facebook reveals Libra cryptocurrency, sparking new privacy concerns Facebook Inc announced ambitious plans on Tuesday to launch a new global cryptocurrency called Libra, part of an effort to expand into digital payments that immediately raised privacy concerns....
21:26 2019-06-18

Would you trust Facebook with your money? What Libra cryptocurrency means for users Facebook revealed it will launch a digital currency similar to Bitcoin, called Libra. Here's what that move might means for its users.       ...
22:52 2019-06-18

Facebook asked by lawmakers to pause Libra cryptocurrency project Congresswoman Maxine Waters asked Facebook to halt movement of its Libra project until hearings can be held to examine concerns, while French Finance Minister has called for tighter cryptocurrency regulation....
03:52 2019-06-19

UPDATE 3-U.S. lawmakers challenge Facebook over Libra cryptocurrency plan U.S. lawmakers quizzed Facebook on Wednesday over its planned cryptocurrency, after a bruising first bout a day earlier when senators from both parties condemned the project, saying the company had not shown it could be trusted....
18:14 2019-07-17

Amazon would be a better choice than Facebook to develop Libra, author Ben Mezrich says Ben Mezrich, who wrote the book that inspired the movie "The Social Network," told CNBC that Amazon would be a better choice than Facebook to develop Libra....
20:00 2019-07-18

Undeterred, Facebook to press on with Libra launch next year: executive Facebook still aims to launch its Libra digital currency next year, its executive overseeing the project told Swiss newspaper NZZ, as the company presses ahead despite authorities around the world pouring cold water on the plans....
23:39 2019-09-20

Bitcoin near two-week highs, fueled by hopes for Facebook's Libra Bitcoin held on Tuesday near its highest for two weeks after surging as much as 9% overnight, a move analysts said was probably driven by hopes that cryptocurrencies are gaining wider acceptance after Facebook disclosed plans for a digital coin....
12:52 2019-07-09

Singapore wants more details on Facebook Libra before deciding on regulatory response Country's central bank remains in talks with Facebook and wants more details on how the US social media platform plans to implement its cryptocurrency before exploring potential legislation....
20:39 2019-07-08

Swiss watchdog expects details on Facebook's Libra by end of month Switzerland's privacy watchdog expects to receive details on Facebook's Libra cryptocurrency by the end of this month, a spokeswoman for the agency said on Tuesday....
20:13 2019-08-20

Facebook's Libra cryptocurrency 'poses risks to global banking' Move could affect competition and data privacy, warns Bank for International SettlementsFacebook’s plan to operate its own digital currency poses risks to the international banking system that should trigger a speedy response from global policymakers, according to the organisation that represents th...
19:00 2019-06-23

Germany's Scholz sounds alarm on cryptocurrencies such as Facebook's Libra German Finance Minister Olaf Scholz said regulators must ensure that cryptocurrencies such as Facebook 's planned digital coin Libra do not threaten financial stability and consumer privacy....
13:52 2019-07-16

President Trump takes aim at Facebook’s cryptocurrency, Libra, saying it should be regulated Taking aim at Facebook's plans to launch a virtual currency, known as Libra, and a wallet, named Calibra, Trump said in a series of tweets that the currency would have "little standing or dependability."...
07:26 2019-07-12

Facebook official says regulatory concerns to be addressed before Libra launch Facebook Inc's top official overseeing the launch of its Libra cryptocurrency plans to tell U.S. lawmakers the company will not launch the digital currency until regulatory concerns and approvals are fully addressed....
18:52 2019-07-15

Facebook’s ‘cryptocurrency’ Libra reportedly facing EU competition probe Facebook’s controversial ‘cryptocurrency’ Libra is facing a competition probe by the European Union Commission, according to a document seen by Bloomberg. The European Union’s antitrust regulators are “currently investigating potential anti-competitive behavior” amid concerns Facebook would monopoli...
13:00 2019-08-21

Facebook should stop trying to disrupt payments with Libra and focus on repair Facebook has had quite a run operating in the completely unregulated, wild world of social media, finally ending with a mea culpa that it needs government regulation in order to manage the massive social and democratic disorder it has created. With its new Libra cryptocurrency, Facebook wants to dis...
23:13 2019-08-18

No Chinese yuan in basket underpinning Facebook's Libra - Spiegel Facebook's planned cryptocurrency Libra will be backed by a basket of currencies including the U.S. dollar, euro, yen, sterling and Singapore dollar, but excluding China's yuan, Der Spiegel reported, referring to a letter from Facebook....
19:39 2019-09-20

U.S. dollar to be main currency underpinning Facebook's Libra: Spiegel The U.S. dollar will make up 50% of the basket of currencies backing Facebook's planned digital coin Libra, with the euro, yen, sterling and Singapore dollar comprising the rest, Der Spiegel reported, referring to a letter from Facebook....
23:39 2019-09-20

Fed chief calls for Facebook to halt Libra project until concerns addressed U.S. Federal Reserve Chairman Jerome Powell said on Wednesday that Facebook's plan to build a digital currency called Libra "cannot go forward" until serious concerns are addressed, comments that pressured the project and dented the price of the original cryptocurrency bitcoin....
00:52 2019-07-11

Swiss privacy office wants details on Facebook's Libra crypto project Switzerland's privacy watchdog said on Tuesday it has yet to receive a reply to a July 17 letter seeking details about Facebook's Swiss-based Libra cryptocurrency project, adding it needs the information to determine its oversight role....
21:39 2019-07-23

Britain won't try to stop Facebook's new Libra digital coin, says UK finance minister Regulators, not lawmakers, should decide whether Facebook needs a banking license to launch Libra, says outgoing U.K. finance minster Philip Hammond....
17:00 2019-07-15

Facebook's Libra cryptocurrency could raise regulatory issues: BoE deputy governor Plans by Facebook Inc to launch a new global cryptocurrency called Libra could raise regulatory issues, Bank of England Deputy Governor Sam Woods said on Thursday....
13:26 2019-06-20

Unruly social media no model for Facebook's Libra currency: BoE's Carney Facebook cannot expect its new Libra currency to benefit from the same unregulated free-for-all that helped the company achieve a dominant position in social media, Bank of England Governor Mark Carney said on Thursday....
19:13 2019-06-20

France calls for EU-wide cryptocurrency rules amid Libra concerns The European Union needs to establish a common set of rules for cryptocurrencies to counteract risks posed by Facebook’s Libra, France’s Finance Minister Bruno Le Maire said today. According to Reuters, Libra could pose risks to consumers, financial stability and even “the sovereignty of European st...
13:39 2019-09-13

Facebook Libra Cryptocurrency Plan Details Still Awaited by Swiss Watchdog Facebook's Libra cryptocurrency project has not responded to an information request by Switzerland's data privacy watchdog, the authority said on Tuesday,...
08:52 2019-07-24

UPDATE 1-Facebook faces more scrutiny from Congress over Libra cryptocurrency plan Facebook Inc faces more questioning by U.S. lawmakers on Wednesday over its planned cryptocurrency, after a bruising first bout when senators from both parties condemned the project, saying the company had not shown it could be trusted....
16:52 2019-07-17

Facebook’s Libra cryptocurrency faces privacy concerns and political backlash Facebook announced a new global cryptocurrency called Libra, part of an effort to expand into digital payments that immediately raised privacy concerns.Read More...
07:26 2019-06-19

Survey finds adults couldn’t care less about Facebook’s Libra ‘cryptocurrency’ Facebook Libra’s potential to help cryptocurrency go mainstream has been touted in recent weeks, but recent survey results indicate otherwise.  According to a poll conducted by CivicScience, which looked into general interest and public concerns surrounding Libra following the announcement of its la...
19:39 2019-07-24

Facebook's cryptocoin Libra could become a worldwide currency, says CEO of fintech start-up Tally "It literally threatens the governments that issue currency, the banks that store it and the actual transmission network," Tally's Jason Brown says....
00:13 2019-06-19

Rep. Maxine Waters asks Facebook to pause work on cryptocurrency Libra Democratic Rep. Maxine Waters on Tuesday requested that Facebook pause its development of Libra, an upcoming cryptocurrency that the company plans to release in 2020....
00:13 2019-06-19

Earn Thousands of Dollars for Finding Bugs in Facebook's Libra Cryptocurrency While we’re still waiting on a specific release date for Facebook’s upcoming cryptocurrency, Libra, the company is aiming for an early 2020 release. That gives you plenty of time to find bugs in the currency’s infrastructure—a project that could reward you handsomely....
02:52 2019-08-28

Trump bashes Bitcoin and calls for regulation of Facebook’s Libra cryptocurrency Facebook a few weeks ago unveiled its Libra digital coin and blockchain endeavor, a product meant to significantly reducing the remittance fees and waiting time when people exchange money on Facebook. The company created a spinoff to handle the Libra coin payments, as well as a body that would overs...
01:39 2019-07-13

Japan sets up working group on impact of Facebook's Libra ahead of G7 Japanese authorities have set up a working group to discuss the impact Facebook's proposed Libra digital coin could have on monetary policy and financial regulation, government sources said, ahead of a G7 finance leaders' gathering where the topic will be high on the agenda....
04:00 2019-07-13

France minister vows to block Facebook Libra cryptocurrency in Europe France's economy and finance minister warned Thursday that he plans to block Facebook's forthcoming cryptocurrency, the Libra, from being used in Europe....
22:00 2019-09-12

'Facebook is already too big and too powerful': Senate to dig into Libra, the tech giant's new crypto project (FB) The US Senate Banking Committee plans to hold a hearing on Facebook's newly-announced Libra cryptocurrency project on July 16th, Reuters reports. On Tuesday, Senator Sherrod Brown (D-OH), the ranking member of the committee, responded to the announcement of Libra with concern: "Facebook is already ...
03:26 2019-06-20

Smaller cryptocurrencies feel pain as criticism of Facebook's Libra grows Bitcoin hasn't been the only casualty of the backlash by the world's major economic powers against Facebook's plans for a cryptocurrency, with smaller digital coins also feeling the burn....
21:52 2019-07-17

Halt Libra Project Until Concerns Addressed: Federal Chief To Facebook US Federal Reserve Chairman Jerome Powell said on Wednesday that Facebook's plan to build a digital currency called Libra "cannot go forward" until serious concerns are addressed, comments that......
23:39 2019-07-10

UPDATE 1-Germany's Scholz sounds alarm on cryptocurrencies such as Facebook's Libra German Finance Minister Olaf Scholz said on Tuesday regulators must ensure that cryptocurrencies such as Facebook's planned digital coin Libra do not threaten financial stability and consumer privacy....
18:26 2019-07-16

Kobo debuts Libra H2O e-reader, updates software with more tools for readers Enlarge (credit: Valentina Palladino) Nearly one year after releasing the Forma e-reader, Kobo returns today with a new slab dubbed the Kobo Libra H2O. The $169 e-reader retains the skeleton of the Forma, but is actually a smaller device. It has a 7-inch, 1680×1264, 300ppi E Ink display, down from...
09:00 2019-09-04

UPDATE 1-U.S. dollar to be main currency underpinning Facebook's Libra - Spiegel The U.S. dollar will make up 50% of the basket of currencies backing Facebook's planned digital coin Libra, with the euro, yen, sterling and Singapore dollar comprising the rest, Der Spiegel reported, referring to a letter from Facebook....
19:39 2019-09-20

Facebook co-founder says Libra could shift monetary clout to private companies: FT Facebook Inc's Libra cryptocurrency would hand over much of the control of monetary policy from central banks to private companies, the company's co-founder Chris Hughes said in an opinion piece in the Financial Times on Friday....
17:52 2019-06-21

Facebook vows Libra currency will wait for approval as U.S. airs worries Facebook Inc said on Monday it would not proceed with the launch of its Libra cryptocurrency until regulatory concerns are addressed, as the U.S. Treasury secretary took the unusual step on of saying he had serious concerns it could be used for illicit activity....
01:00 2019-07-16

Libra cryptocurrency: dare you trust Facebook with your money? | John Naughton The social media giant’s foray into bitcoin territory – with some financial big hitters on board – should prompt suspicionWe’ve known for ages that somewhere in the bowels of Facebook people were beavering away designing a cryptocurrency. Various names were bandied about, including GlobalCoin and Fa...
10:52 2019-06-23

World finance leaders raise ‘serious regulatory’ concerns over Facebook’s Libra The chairman's concluding summary from the G-7 meeting in Chantilly, France, says the officials agreed that so-called stablecoins - cryptocurrencies pegged to real currencies - will have to meet "the highest standards" of financial regulation....
14:39 2019-07-18

UPDATE 1-U.S. Senate opens hearing into Facebook plans for Libra cryptocurrency U.S. lawmakers from both sides of the aisle were set to grill Facebook Inc on its cryptocurrency plans on Tuesday, as the project continues to draw intense scrutiny from financial regulators and politicians across the globe....
16:52 2019-07-16

Facebook co-founder: Libra currency could give firms excess power Chris Hughes says involvement of private companies is threat to autonomy of nation statesOne of Facebook’s co-founders has warned the social network’s plans for a digital currency called Libra could allow corporations involved in the scheme to wield power over nation states.Chris Hughes, whose role ...
19:52 2019-06-21

Europe should ignore 'treacherous promises' of Facebook's Libra currency: ECB's Mersch Facebook's proposed Libra currency could undermine the European Central Bank's ability to set monetary policy and Europe should ignore its siren call of "treacherous promises" ECB board member Yves Mersch said on Monday....
11:39 2019-09-02

France, Germany blast Facebook's Libra, back public cryptocurrency France and Germany said on Friday that Facebook's Libra currency posed risks to the financial sector that could block its authorization in Europe, and backed the development of an alternative public cryptocurrency....
23:13 2019-09-13

EU antitrust regulators raise concerns about Facebook's Libra currency: sources EU antitrust regulators want to know whether Facebook's proposed Libra cryptocurrency and its use of consumer data pose possible anti-competitive constraints, people familiar with the matter said on Wednesday....
17:52 2019-08-21

Global regulators to question Facebook's Libra amid EU concerns: paper Global regulators will question Facebook on Monday about its Libra cryptocurrency, amid concerns from European Union governments over the threat the digital currency poses to financial stability, the Financial Times reported on Sunday....
10:00 2019-09-15

German finance minister: Libra cryptocurrency must wait for regulatory clarity Facebook cannot go ahead with its plans to launch its digital coin Libra until all regulatory issues are dealt with, German Finance Minister Olaf Scholz said on Wednesday as he met with counterparts from G7 countries....
21:52 2019-07-17

‘Trust’ was mentioned 69 times at Facebook’s Libra Senate hearing – nice In the 220-minute-long Senate hearing where Facebook’s head of Calibra, David Marcus, was grilled on the company’s “cryptocurrency” plans, the word trust was mentioned every two minutes on average, working out to 69 times in total. Not all of these instances were focused on how people can’t or shoul...
19:26 2019-07-18

Facebook's Libra Project Is Getting Hammered From All Sides, With Fed Chair Raising 'Serious Concerns' Facebook’s already-troubled Libra cryptocurrency project, which has already run into significant opposition among the U.S. House Committee on Financial Services and the Senate Banking Committee, is running headlong into further resistance from regulators.Read more......
09:39 2019-07-11

Ohio Congresswoman says lack of financial literacy could be a problem for Facebook Libra users Rep. Joyce Beatty, D-Ohio, grilled Facebook's David Marcus, asking about the steps he will take to educate the 1.7 million unbanked people Libra plans to reach....
14:52 2019-07-19

European Central Bank bigwig outlines why Facebook’s Libra isn’t real cryptocurrency A representative of the European Central Bank (ECB) has slammed Facebook‘s quasi-cryptocurrency Libra, referring to its proposed ecosystem as a “siren call.” Yves Mersch, Luxemborgian lawyer and ECB executive board member, even told attendees of the European System of Central Banks’ legal conference...
20:39 2019-09-02

UPDATE 2-Facebook vows Libra currency will wait for approval as U.S. airs worries Facebook Inc said on Monday it would not proceed with the launch of its Libra cryptocurrency until regulatory concerns are addressed, as the U.S. Treasury secretary took the unusual step on of saying he had serious concerns it could be used for illicit activity....
01:00 2019-07-16

‘Crypto Twitter’ anxiously awaits white paper for Facebook’s Libra cryptocurrency Tomorrow, Facebook is expected to release full details of its new “cryptocurrency” project Libra — as always, Twitter has lots to say. Few concrete facts about Facebook‘s Libra (formally known as GlobalCoin) have been made public so far. Reports indicate the likes of Mastercard, Visa, Stripe, and Pa...
21:26 2019-06-17

Mnuchin says Facebook must satisfy regulatory concerns ahead of Libra launch: CNBC U.S. Treasury Secretary Steven Mnuchin said in a television interview that Facebook must satisfy regulatory concerns before it launches Libra, its planned cryptocurrency....
16:13 2019-07-24

Trump blasts Bitcoin, Facebook's Libra, demands they face banking regulations U.S. President Donald Trump on Thursday criticized Bitcoin, Facebook's proposed Libra digital coin and other cryptocurrencies and demanded that companies seek a banking charter and make themselves subject to U.S. and global regulations if they wanted to "become a bank."...
02:52 2019-07-12

The tech industry is starting to doubt Facebook will be able to launch its Libra currency by 2020 "I think two years from now we're going to be like do you remember that Facebook thing? Libra?" said Bismarck Lepe, CEO of Wizeline, a San Francisco product development company....
19:13 2019-07-10

Spooked by Facebook's Libra, euro zone to step up work on public cryptocurrency Euro zone governments and central banks are working on a long-term plan to launch a public digital currency that they hope would make redundant projects like Facebook's Libra, which is seen as a risk to financial stability, officials said on Friday....
15:13 2019-09-13

Members of Facebook's 'Crypto Mafia' Reportedly Getting Cold Feet About Libra Currency At least two of the 28 entities that have signed on for Facebook’s planned Libra currency are now getting nervous about the project, according to a new report from the Financial Times. And Facebook is just as worried about being the only company currently with its “neck out,” as regulators push back...
14:13 2019-08-23

UPDATE 4-Fed chief calls for Facebook to halt Libra project until concerns addressed U.S. Federal Reserve Chairman Jerome Powell said on Wednesday that Facebook's plan to build a digital currency called Libra "cannot go forward" until serious concerns are addressed, comments that pressured the project and dented the price of the original cryptocurrency bitcoin....
22:00 2019-07-10

Swiss group that's supposed to oversee privacy for Libra says it hasn't heard from Facebook at all The Swiss Federal Data Protection and Information Commissioner said on Tuesday it had not yet been contacted by Facebook about overseeing privacy protections for the Libra cryptocurrency....
20:26 2019-07-16

Watch live: Facebook Libra chief testifies in Congress to explain cryptocurrency The head of Facebook's blockchain division will appear in Congress Tuesday for the first of two hearings about the social media network's plans to roll out a new digital financial system next year....
19:00 2019-07-16

France creates G7 cryptocurrency task force as Facebook's Libra unsettles governments France is creating a G7 task force to study how central banks ensure cryptocurrencies like Facebook's Libra are governed by regulations ranging from money-laundering laws to consumer-protection rules, France's central bank governor said on Friday....
17:52 2019-06-21

Global money-laundering watchdog closely monitoring Facebook's Libra, official says The global anti-money laundering watchdog is closely monitoring developments on Facebook's planned Libra cryptocurrency, its new head told Reuters on Tuesday, in the latest sign of growing regulatory scrutiny of the project....
05:13 2019-09-11

Bitcoin takes a tumble as US lawmakers grill Facebook on plans to introduce its own Libra cryptocurrency Reuters The cryptocurrency market took a beating on Tuesday with bitcoin losing over 10% in value. The devaluation comes after US lawmakers grilled Facebook on its plans to introduce its own cryptocurrency Libra in 2020. David Marcus, the company's top executive overseeing the planned Libra proje...
18:52 2019-07-17

France to create a joint G7 cryptocurrency task force amid Facebook’s Libra woes France is putting together a Group of Seven Nations (G7) task force to explore how central banks can make sure cryptocurrencies adhere to money-laundering and consumer protection rules. That’s according to the country’s central bank governor who announced the news today. The announcement comes days ...
21:13 2019-06-21

A Michigan congressperson said Facebook's Libra cryptocurrency reminded him of a 'platypus' but then decided it was more like a traveler's check (FB) Bill Clark/Getty Images David Marcus, head of Facebook's cryptocurrency efforts, testified at a House of Representatives Committee on Financial Services hearing about Libra, the social network's forthcoming cryptocurrency. Rep. Bill Huizenga used his time to question Marcus and slip in humorous asi...
01:13 2019-07-18

Facebook is joining the crypto game. It's launching a Bitcoin-like currency called Libra Facebook unveiled a plan to create a new digital currency similar to Bitcoin, one that could drive more e-commerce and boost ads on its platforms.       ...
13:39 2019-06-18

Facebook says cryptocurrency Libra won't happen without 'full government approval' amid broad resistance Amid growing bipartisan resistance to its proposed digital coin, Facebook will tell lawmakers that it won't move forward with its Libra cryptocurrency without full government approval and regulatory oversight....
16:52 2019-07-16

David Marcus, head of Facebook Libra cryptocurrency, grilled by skeptical Senate lawmakers Senate lawmakers said Tuesday they don't trust a plan by Facebook to devise and roll out an entirely new digital cryptocurrency system, the Libra, next year....
20:52 2019-07-16

Facebook crypto chief defends Libra project amid claims the company has too much power The need to reiterate these points after only two weeks suggests Facebook will have an uphill battle getting people to trust the company with their finances....
18:52 2019-07-03

Tech news roundup: HPE Discover 2019, Facebook's Libra cryptocurrency, and Google Cloud's debacle This week's TechRepublic and ZDNet news stories include a look at the companies that hire the most data scientists, four significant impacts of a security breach, and a first-hand account of a major hack job....
17:39 2019-06-19

Facebook’s Mark Zuckerberg seeks to reassure wary lawmakers about Libra, elections in rare D.C. trip Facebook chief executive Mark Zuckerberg pledged in a private meeting with lawmakers that the company would not launch its controversial digital currency, called Libra, anywhere in the world until it receives approval from regulators in the United States....
09:26 2019-09-20

Libra Scammers Are Promising Early Access to Facebook's Digital Currency to Steal Private Information If you search YouTube for Facebook’s Libra, you’ll find plenty of videos that tell you how to buy the digital currency. The problem is that many of the videos are published by scam artists who are apparently trying to steal your personal information. How do we know they’re scams? Libra hasn’t even b...
17:52 2019-07-23

Facebook Announces Libra, Digital Currency On the Blockchain That Doesn't Actually Need to Be On the Blockchain Facebook and 27 other partner companies formally announced this morning they plan to launch a digital currency called Libra in the first half of 2020. And if they pull it off, Libra could become the standard digital currency around the world.Read more......
15:13 2019-06-18

Facebook’s Libra currency spawns a wave of fakes, including on Facebook itself The accounts purporting to sell or represent the not-yet-available digital currency could undermine efforts to inspire confidence and satisfy regulators scrutinizing Libra....
10:52 2019-07-23

Facebook had to invent a totally new programming language, Move, for its Libra cryptocurrency project because no other language was up to the task (FB) Reuters Last week, Facebook announced a brand new cryptocurrency of its own called Libra — an initiative that has already drawn the attention of Silicon Valley, government officials, and even astrologists. Less noticed was the fact that Facebook also launched a new programming language to use...
00:52 2019-07-02

Con Ed warns more blackouts could be coming Con Edison is still baffled over what caused the weekend’s major blackout — and warned on Monday that more outages could be coming with a heat wave on the way. “We expect that there could be service outages — those things happen during heat waves,” the power company’s chief s...
20:00 2019-07-15

FDA says Juul ‘ignored the law’ and warns it may take action The Food and Drug Administration has put vaping giant Juul on notice with a pair of letters calling out the company for misleading statements about its products and ongoing targeting of teens. It is demanding written answers to a boatload of pertinent questions and expects Juul to respond within two...
07:39 2019-09-10

UN warns of possible new war crimes in Myanmar Special rapporteur tells of abductions and torture of civilians by Myanmar military and insurgent groupHuman rights abuses that may amount to fresh war crimes are being committed against civilians in Myanmar’s restive Rakhine and Chin states, the UN has said, as the fighting between the military and...
15:13 2019-07-04

'Malaria will not be eradicated in near future', warns WHO Three-year review says new vaccines for eradicating disease are only 40% effectiveMalaria will not be eradicated in the foreseeable future even though it is achievable and would save millions of lives, according to World Health Organization (WHO) experts following a three-year review.The WHO remains...
03:39 2019-08-23

FTC warns of Equifax settlement scams In the wake of Capital One’s data breach, the Federal Trade Commission is warning consumers about scams related to Equifax’s data breach. The FTC issued a tweet on Monday urging caution about fake websites claiming to be the Equifax settlement claims website. The FTC urges consumers to only ap...
19:52 2019-07-31

U.S. warns Assad against using chemical weapons The U.S. State Department warned the Bashar al-Assad regime in Syria that its military operations were being closely watched, specifically concerning allegations that it used chemical weapons against rebels....
10:26 2019-05-22

CDC warns against buying some vaping products The CDC is warning the public to stop buying e-cigarettes of the street or "further manipulate them in ways not intended by the manufacturer" as it investigates an outbreak of illness and death associated with vaping. (Sept. 18)        ...
07:39 2019-09-19

AG Warns Of Student Loan Scams FRANKFORT, KY. (LEX 18) – The Attorney General’s office has issued a scam alert to warn former and current college students about companies offering student loan debt relief for a fee. It is illegal for companies to charge upfront fees before providing debt relief services. Kentuckians in Alle...
17:26 2019-06-21

Patel warns Facebook about end-to-end encryption New Home Secretary Priti Patel has reignited a debate about privacy and the government's ability to surveil communications as she criticised Facebook's plans to use end-to-end encryption....
20:39 2019-07-31

FDA warns that ‘Big Penis’ supplement works a little too well The FDA is one of the more vital government agencies when it comes to keeping consumers safe from deceptive marketing and dangerous products, but sometimes a product comes along that we can assume is trash even before the FDA weighs in. In any case, the Food and Drug Administration just issued a war...
21:39 2019-07-18

Considering a new pet? ASPCA warns against pet leasing arrangements Pet leasing has become a controversial practice because pet owners can wind up paying much more than they anticipated if they are unclear about the terms of the arrangement....
04:00 2019-09-22

CDC warns dog owners of salmonella in pig ear treats Federal health officials have warned dog owners nationwide about a salmonella risk associated with pig ear treats that's hospitalized more than two dozen humans....
20:52 2019-08-02

Samsung warns that its profit likely just fell 56% Samsung is warning investors that its second quarter profit likely plunged 56%, as the company continued to struggle with sluggish demand for memory chips and smartphones....
15:52 2019-07-05

Johnson ally warns PM over new US ambassador Boris Johnson and not Theresa May should appoint Sir Kim Darroch's successor as British ambassador to the US, a key supporter of the Conservative leadership favourite has claimed....
22:13 2019-07-11

The best is yet to come from Mercedes and me, Hamilton warns F1 rivals • Team have won all six races but Briton wants more• Ferrari rival Sebastian Vettel laments his car’s gripLewis Hamilton believes both he and his Mercedes car can only improve as the Formula One season progresses.Hamilton has won four of the six races this season, but after victory in the Monaco Gra...
13:52 2019-05-27

FDA warns Juul over its marketing practices The U.S. Food and Drug Administration said on Monday it had issued a warning letter to Juul Labs Inc over its marketing practices for e-cigarettes, the latest in the agency's efforts to curb the use of the devices that have become extremely popular among teens....
18:52 2019-09-09

North Korea warns of a new ‘cold war’ North Korea continued to rail against South Korea's joint military exercises with the United States and its purchase of U.S. military hardware on Thursday, warning the moves would "trigger a new cold war."...
21:13 2019-08-22

Schumer wants FBI to investigate FaceApp, DNC warns against using it: Here's what you need to know Sen. Chuck Schumer has asked the FBI and FTC to investigate the popular FaceApp app, which lets people see what they'll look like when they're old. Here's what you need to know about it....
20:00 2019-07-18

Verizon warns that mid-band 5G will perform more like 4G Not all 5G is created equal, a Verizon executive warns, and only urban areas should expect the full high-speed 5G experience for some time to come.Read More...
21:52 2019-08-07

Instagram now warns you if you're in danger of being banned If you break Instagram's rules, you'll now be given a warning that your account is in danger of being banned.The notice will list all the posts and comments that have been removed for violating the terns of service, and inform you that "If you post something that goes against our terms aga...
11:26 2019-07-19

UN warns Italy against criminalizing sea rescue The global organization's comments come after the arrest of German captain Carola Rackete. The 31-year-old contravened Italian law when landing with 42 rescued passengers last week....
05:26 2019-07-02

WWF warns of worsening 'superfires' across Europe Global conservation group World Wildlife Fund (WWF) warned on Thursday of the risks from new faster-spreading "superfires" in the wake of heatwaves and droughts that have been afflicting Europe in what many see as a symptom of climate change. ...
20:52 2019-07-04

Huawei warns against politicizing IP issues Huawei Technologies has warned against the politicization of innovation and intellectual property (IP) and said that it will threaten progress across the world. The Chinese telecom giant has been prevented from buying parts or technology from US suppliers without government approval as its equipment...
09:26 2019-06-28

| "It's anyone's game," warns ex-All Blacks ahead of RWC Former All Black lock Norm Maxwell believes the defending world champions will have their work cut out to hold on to their title in Japan this month....
06:13 2019-09-01

Mexico Warns of Retaliation for U.S. Tariffs Mexico is weighing its options to respond to the threat of U.S. tariffs on all of its exports, including possible retaliation, but would rather convince the Trump administration that a negotiated solution is in the best interest of both countries, senior officials said Monday....
18:26 2019-06-03

Former British PM warns of Brexit crisis for Queen Former UK premier John Major has said he would challenge in court any move to force through a "no-deal" Brexit by suspending parliament. Major warned it could drag Queen Elizabeth II into a "constitutional controversy."...
16:26 2019-07-10

World unprepared for pandemic, panel warns The next pandemic could spread within 36 hours, disrupt economies and destabilize national security, WHO and World Bank experts have said. The panel said current efforts to manage a pandemic are "grossly insufficient."...
18:39 2019-09-18

‘Our Subpoenas Are Not Optional,’ Nadler Warns McGahn Representative Jerrold Nadler, the chairman of the House Judiciary Committee, threatened to cite Donald F. McGahn II for contempt after the former White House counsel defied a subpoena....
19:39 2019-05-21

AP interview: Colombian leader warns Venezuela Colombia’s president is comparing Nicolás Maduro to Serbian war criminal Slobodan Milosevic and says Venezuela’s embattled socialist leader would be making a “stupid” mistake were he to attack...
01:13 2019-09-22

| UN envoy warns of 'long and bloody war' in Libya The UN envoy for Libya has called for immediate action to cut off arms flows to the warring sides in Libya, warning that the ongoing battle for Tripoli was "just the start of a long and bloody war"....
02:00 2019-05-23

EU warns Britain heading for a no-deal Brexit The European Union warned on Wednesday that Britain was headed for a damaging no-deal Brexit, with London's ideas for solving the contentious issue of the Irish border still unlikely to unlock a deal just six weeks before Britain is due to leave....
17:52 2019-09-18

UN chief warns Paris climate goals still not enough U.N. Secretary-General Antonio Guterres has taken his message urging immediate climate action to officials gathered in the United Arab Emirates, where production of hydrocarbons remains a key driver of the economy...
17:39 2019-06-30

Migration to Greece is Rising, as Erdogan Warns of Still More The rate of arrivals is still just a fraction of the 2015 peak, but comes as Turkey threatens allow a wave of migrants to pass through Turkey to Europe....
15:39 2019-09-11

Trump Warns Roy Moore Against Alabama Senate Run Mr. Moore, a Republican former judge who lost a Senate race to Doug Jones after being accused of pursuing teenage girls, has said he is “strongly considering” running again....
18:52 2019-05-29

LIRR warns riders of possible measles exposure Long Island Rail Road riders beware: You may have come into contact with measles. Nassau County’s latest confirmed measles patient rode the LIRR three times last week between Mineola and Penn Station, county health officials said. The individual took the commuter rail in and out of the city on...
01:13 2019-09-21

Retired TPD detective warns people about scam TUCSON – A retired Tucson Police Detective received a phone call from a scammer on Tuesday. The number was 520 355-6342.  He said a man on the other end addressed him by his name, William Hanson. The caller went on to tell him that he had a couple of civil class C violations and that he had mi...
06:52 2019-05-24

Trump officials warns of ‘active threats’ to U.S. WASHINGTON — The Trump administration outlined “active threats” to U.S. elections as it briefed Congress Wednesday on steps the government has taken to improve election security in the wake of Russian interference in 2016. Director of National Intelligence Dan Coats, FBI Director Christo...
00:13 2019-07-11

UN warns more Idlib military action will overwhelm aid needs The deputy U.N. humanitarian chief is warning that further military operations in northwest Syria's Idlib province will overwhelm aid efforts, stressing that an estimated 3 million people are caught in crossfire in the last rebel stronghold....
00:13 2019-05-29

Marianne Williamson warns that US elections could become more like Iran's Sean Rayford/Getty Images Democratic presidential candidate Marianne Williamson warned that American elections could become more like voting in countries like Iran. Williamson described an "illusion of choice," and criticized the "political media elite establishment." She later clarified that Iran ...
14:13 2019-07-06

FDA warns heartburn drug Zantac may cause cancer A substance that could cause cancer has been found in the heartburn drug Zantac and several other antacids, the Food and Drug Administration announced Friday. The agency said preliminary tests found low levels of a substance known as NDMA, classified as a “probably human carcinogen,” in ...
22:52 2019-09-13

Merkel warns of populists’ rise in Europe BERLIN (AP) — Chancellor Angela Merkel says Germany has to be more vigilant when it comes to nationalist movements across Europe because of the country’s Nazi past. Merkel, who was interviewed by CNN’s Christiane Amanpour in Berlin, said in excerpts released Tuesday that Germany has to f...
11:39 2019-05-28

UK's Hammond warns of hit to economy from a no-deal Brexit British finance minister Philip Hammond said a no-deal Brexit would leave the country poorer, repeating his warnings to potential successors of Prime Minister Theresa May, some of whom have advocated an abrupt departure from the European Union....
15:00 2019-05-21

FDA warns Juul about advertising to school children The Food and Drug Administration put Juul Labs Inc., on notice Monday for allegedly advertising their products as “much safer than cigarettes” to kids in a school presentation....
00:52 2019-09-10

US backs Saudi 'right to defend itself,' Iran warns of 'all-out war' The US Secretary of State Mike Pompeo described attacks on Saudi oil facilities as an "act of war" by Iran. Tehran has denied a role in the attacks and said a military strike against Iran would end in "all-out war."...
17:13 2019-09-19

Report warns AI can’t offer protection from ‘deepfakes’ Artificial intelligence-based solutions may not be able to save us from deceptively altered videos, known as deepfakes, according to a new report from Data and Society. In the report, authors Britt Paris and Joan Donovan put deepfakes on a long continuum of media manipulation and say that they requi...
22:26 2019-09-19

Trump warns he may do ‘dastardly things’ to Iran President Trump on Wednesday said he had no update on possible US retaliation against Iran for an attack on Saudi Arabia — but warned that there was “plenty of time to do some dastardly things.” “Nothing to report yet. We’ll probably be speaking to you tomorrow, maybe the next day. Nothing to report...
03:52 2019-09-19

Netanyahu warns Iran about range of new F-35 fighter Israeli Prime Minister Benjamin Netanyahu personally viewed a squadron of F-35 fighter jets Tuesday, and warned Iran the state-of-the-art aircraft can fly anywhere in the Middle East....
18:39 2019-07-09

CDC warns about contaminated papayas after cases of Salmonella The Centers for Disease Control and Prevention has warned that more than 60 people in the Northeast have gotten sick with Salmonella after eating papayas. The CDC advised people living in Connecticut, Massachusetts, New Jersey, New York, Pennsylvania, and Rhode Island not eat any papayas from Mexico...
07:39 2019-07-01

Meet the car that warns you about the rain when your sunroof is open I’ve been maintaining for a while that cars will become much smarter than they are now. Artificial intelligence will improve as sensors, predictive analytics, apps, and every other innovation in cars improves, converges, and becomes much more helpful.One early sign of this is a feature on the...
13:52 2019-07-11

Don't Shower With Your Contacts In, Man Blinded by Eye Parasites Warns A UK reporter’s harrowing story of losing sight in his right eye is sure to terrify anyone who’s been lax about contact lens hygiene. He contracted a rare parasitic infection, likely as a result of showering with his contacts in. The costly mistake required over 18 months of intensive treatments, an...
00:00 2019-07-12

AI warns motorcycle riders before they turn too abruptly Researchers at ETH Zurich and KU Leuven propose an AI system that warns motorcycle riders when they're about to take a curve too sharply or quickly.Read More...
18:39 2019-07-15

Big Penis supplement contains hidden ingredient, FDA warns The sexual enhancement product Big Penis should be avoided because of a hidden ingredient, the Food and Drug Administration warned Wednesday.        ...
08:52 2019-07-18

DNC warns Cuomo that moving primary day would come with consequences The Democratic National Committee warned New York Gov. Andrew Cuomo Friday that moving up the state’s primary election day would come with consequences. Cuomo’s desire to change the Democratic primary from April 28 to February came up at a DNC Rules and Bylaws meeting Friday and was quickly di...
03:39 2019-09-07

UN warns of severe aid cuts in Yemen without new funds soon The U.N. humanitarian chief in Yemen is warning that unless significant new funding is received in the coming weeks food rations for 12 million people will be reduced and at least 2.5 million malnourished children will be cut off from life-saving services...
05:52 2019-08-22

China Warns Travelers About Harassment and Crime in the U.S. The Chinese government issued two travel alerts to its citizens Tuesday, warning of rising levels of violent crime in the U.S. and harassment of Chinese visitors by American authorities, in the latest escalation of political tensions between the two countries. “Recently, U.S. law enforcement a...
16:39 2019-06-04

Russia warns NATO over US-Poland move Russia has warned NATO that US President Donald Trump's pledge to send 1,000 US troops to Poland will "destabilize" Europe. NATO forces in member Poland already include a rotating pool of 4,500 US soldiers....
03:52 2019-06-14

U.S. Warns Greece Against Assisting Iran Oil Tanker The U.S. has warned Greece against assisting the Iranian tanker released by Gibraltar last week, saying those who help the vessel, which is carrying oil deemed illicit, would face immigration and potential criminal consequences....
19:00 2019-08-20

Italy’s Salvini warns of government crisis ROME (AP) — Italy’s deputy prime minister Matteo Salvini is warning that a government crisis will be unavoidable if his League party cannot start working constructively with the 5-Star Movement, its coalition partner, within 15 days. Premier Giuseppe Conte threatened to quit Monday over disagr...
16:13 2019-06-04

Troy Baker warns 'you are not ready' for The Last of Us: Part 2 We've been champing at the bit for more news on The Last of Us: Part 2. When will it release? What's the story going to be? Where the heck is Joel? And will the long-awaited sequel be coming to the PS5?While concrete details are still thin on the ground, voice-over veteran Troy Baker (aka ...
19:26 2019-08-06

Rand Paul warns US arming its enemies: ‘They don’t like us’ Republican Sen. Rand Paul Thursday warned that the United States is arming its enemies and pushed efforts to stop military sales to Qatar and Bahrain....
00:13 2019-06-14

| Pollard warns All Blacks: Steyn can still kick 60m! Springbok flyhalf Handre Pollard has reminded opposition teams that in Frans Steyn the Boks have a player who can kick penalty goals from almost anywhere....
20:52 2019-07-24

China warns students: Be careful if studying in US The Chinese Ministry of Education has warned students to be careful if studying in the United States -- the latest sign of deteriorating relations between the two countries....
18:39 2019-06-03

IMF Package For Pak Should Not Be Used To Repay Chinese Loans, Warns US Amidst reports that the International Monetary Fund or IMF has reached a multi-billion dollar bailout package with cash-strapped Pakistan, the United States is seeking "conditionality" in the new......
10:39 2019-06-19

U.S. Warns Greece Against Hosting Iran Oil Tanker The U.S. has warned Greece against hosting the Iranian tanker released by Gibraltar days earlier, saying those who facilitate the vessel, which is carrying oil deemed illicit, would face immigration and potential criminal consequences....
10:13 2019-08-20

BA warns of more delays despite fixing IT glitch that hit 15,000 passengers British Airways travellers have been warned of possible further delays to flights, despite fixing an earlier IT glitch that crashed online check-ins....
07:00 2019-08-08

| Iran warns Trump against 'illusion' of short war Iran's foreign minister has warned US President Donald Trump he is mistaken to think a war between their countries would be short, as Washington seeks Nato's help to build an anti-Tehran coalition....
23:13 2019-06-27

Poland warns EU countries against rapprochement with Russia Poland wants to make sure a new European Commission stays tough on Russia and is concerned that some European Union countries are growing increasingly friendly toward its eastern neighbor, even as the Kremlin cracks down on dissent....
15:00 2019-08-08

Germany's central bank warns of possible recession The Bundesbank has warned that a slump in the German economy could have continued over the summer. It cited the US-China trade war as one factor weighing on German exports....
04:00 2019-08-20

Don’t Use Bootleg or Street Vaping Products, C.D.C. Warns With more than 200 cases of respiratory illnesses possibly related to vaping, and no single culprit, public health experts are advising young people not to buy cannabis and other e-cigarette products off the street....
17:52 2019-08-30

IMF's Christine Lagarde warns of disruption from fintechs The business model of banks and insurance companies is under threat as the growth of service providers and startups ("fintechs") is offering customers easier and more intuitive access to financial services....
20:39 2019-06-08

Justice Ginsburg warns of more 5-4 decisions ahead WASHINGTON (AP) — Supreme Court Justice Ruth Bader Ginsburg is suggesting that there will be sharp divisions among her colleagues as the high court finishes its term. Decisions in high-profile cases about the census and the drawing of electoral maps are expected this month. The justice was speaking ...
23:01 2019-06-07

Graham warns withdrawing from Afghanistan will lead to ‘another 9/11’ Sen. Lindsey Graham, R-S.C., warned in an interview with Fox News Saturday that withdrawing U.S. troops from Afghanistan would lead to “another 9/11."...
08:39 2019-08-25

FTC warns Equifax claimants will get 'nowhere near' $125 cash payout When the FTC and other government agencies reached a settlement deal with Equifax over its massive data breach, people affected were offered as much as $125 in cash. Now, the FTC is encouraging claimants to choose the free credit monitoring option in......
17:13 2019-08-01

MLB warns sexual enhancers may include PEDs A memo sent by MLB to its players warns them that several over-the-counter sexual-enhancement pills contain anabolic steroids and other prohibited substances....
21:00 2019-08-21

'No time for complacency,' warns top development expert As head of the United Nations Development Programme, Achim Steiner is one of the most influential people on the world stage. He spoke to DW about his optimistic outlook and why world leaders need to be held accountable....
20:26 2019-08-02

Biden warns of ‘eight more years of Donald Trump’ Does Democratic frontrunner Joe Biden believe President Trump plans to remain in the White House longer than the two terms allowed under the U.S. Constitution?...
07:39 2019-08-01

A million people a day get sexual infections, WHO warns More than a million people every day worldwide catch a sexually transmitted infection, with rates of chlamydia, gonorrhoea, trichomoniasis and syphilis the most worrying, the World Health Organization said on Thursday....
18:13 2019-06-06

North Korea warns it is losing patience with US President Donald Trump said Wednesday that he still believes North Korea "would like to make a deal" and left the door open for a third summit with Kim Jong Un despite a new warning from Pyongyang urging the US to change the course of its negotiations "before it is too late."...
05:26 2019-06-06

EU warns against blaming Iran for oil tanker attacks European foreign ministers have urged restraint in directing blame over an alleged attack on oil tankers in the Gulf of Oman. The US has pointed the finger at Iran, but European diplomats say they need more evidence....
20:39 2019-06-17

WHO warns of 1 million new sexually transmitted diseases each day The World Health Organization has warned of more than 1 million new cases of sexually transmitted diseases every day around the world. In a new report, the UN agency spoke of a "wake-up" call in the age of dating apps....
06:52 2019-06-07

Iran's Zarif warns U.S. that Tehran may also act 'unpredictably' Iranian Foreign Minister Mohammad Javad Zarif said on Wednesday Tehran may act "unpredictably" in response to the United States' "unpredictable" policies under U.S. President Donald Trump....
13:52 2019-08-21

CDC warns of salmonella from beef, cheese in the U.S., Mexico The CDC on Thursday issued a warning on an outbreak of multi-drug resistant salmonella that sickened 255 between June 2018 and March 2019, blaming it on beef and cheese from the United States and Mexico....
07:13 2019-08-23