With few, if any, signs that Mark Zuckerberg had made new “friends” to help the firm deal with multiple probes, the Facebook chief executive concluded three days of discussions with movers and shakers in Washington, D.C. Zuckerberg, however, garnered some praise for agreeing to long...
Facebook CEO Mark Zuckerberg spent a third day in Washington, D.C. meeting with lawmakers, according to a report by Bloomberg. The move comes as the social media giant is battling accusations of antitrust impropriety and a lack of proper preparation against misinformation ahead of the...
House Committee on Oversight and Reform Republicans have started a probe into Capital One and Amazon over a massive data breach that affected millions, according to a report by the Financial Times. The committee sent out two letters and asked for a “staff-level briefing” with...
There was much skepticism and criticism — with some concerns raised more pointedly than others — during a House Financial Services Committee hearing on Facebook’s plans for its Libra cryptocurrency. David Marcus, head of Facebook’s new Calibra crypto wallet subsidiary, addressed concerns related to regulation...
June 12, 2017
Big picture thinking dominated news surrounding financial services and payments regulations this past week. In the U.K., a contentious election brought “hard” and “soft” Brexit into question, while Dodd-Frank got a vote down by the United States House of Representatives — and next stop, the Senate.
September 20, 2019
With few, if any, signs that Mark Zuckerberg had made new “friends” to help the firm deal with multiple probes, the Facebook chief executive concluded three days of discussions with movers and shakers in Washington, D.C. Zuckerberg, however, garnered some praise for agreeing to long discussions behind closed doors with a bevy of lawmakers and […]
September 20, 2019
Facebook CEO Mark Zuckerberg spent a third day in Washington, D.C. meeting with lawmakers, according to a report by Bloomberg. The move comes as the social media giant is battling...
August 01, 2019
House Committee on Oversight and Reform Republicans have started a probe into Capital One and Amazon over a massive data breach that affected millions, according to a report by the...
June 28, 2017
IBM is in Washington, D.C., this week to make the case to federal government officials that artificial intelligence isn’t going to steal jobs from humans. According to a report in...