Facebook has officially launched Facebook Pay, its own competitor to online payment services like Apple Pay, Google Pay and Venmo. Despite the problems the social media giant is facing with its Libra cryptocurrency — PayPal recently announced they would be leaving the founding group of Libra, leading to the exit of Visa, Mastercard, eBay and…
Having been live in the App Store for only a few weeks, ZenGo has updated its eponymous cryptocurrency app. Most of the enhancements concern the app’s redesigned user interface, with ZenGo calling it “the most handsome wallet you’ve ever seen” in its announcement. There’s a new “quick action” menu, and account balances can be upgraded…
Apple recently revealed that it is paying close attention to the growing cryptocurrency trend, though it’s not yet clear what role the company would like to play in the evolving market. “We’re watching cryptocurrency,” Apple Pay VP Jennifer Bailey told CNN during a private event. “We think it has interesting long-term potential.” “This would be…
“…ZenGo’s support for the Libra testnet paves the way for the integration of real funds once Libra goes live.” ZenGo has become the first consumer cryptocurrency wallet to support Libra, Facebook’s new offering in the growing digital currency market. To be clear, Libra hasn’t yet officially launched; what Facebook has made available at present is…
The US Federal Trade Commission has formally levied a historic $5 billion fine against Facebook for violating a 2012 FTC order related to user privacy, concluding a lengthy investigation that began in the wake of the Cambridge Analytica scandal. The FTC determined that Facebook had been misleading its users and sharing personal information with third…
The Department of Homeland Security, the Federal Bureau of Investigation, Facebook, and Microsoft together made unlikely partners in a recent joint briefing to the National Association of Secretaries of State and the National Association of State Election Directors. The briefing revolved around the efforts taken by these organizations to prevent the kind of meddling seen…
Further evidence has emerged that Facebook is indeed working on its own smart speaker system, as well as an AI assistant to operate it. The latest, and perhaps biggest, clue comes by way of code found in the Facebook and Messenger Android app by mobile researcher Jane Manchun Wong. The code enables a rudimentary speech…
Attorneys General from the US and Mexico are poised to unveil a new facial recognition system designed to track victims of human trafficking this week. According to a Hypopotamus report, the system will allow families to upload photos of missing persons, and will then use these photos to identify individuals caught on surveillance feeds. The…
