Tech

5 failed tech predictions for the 2010s that didn’t work out

After the advent of iPhones and other innovations in the new millennium, the 2010s started with promise of technological progress. Some predictions, like increased tech surveillance and a few companies dominating the internet, have proven true. Others, like the promise of AR, autonomous vehicles, and AI, have made progress, but […]
5 failed tech predictions for the 2010s that didn’t work out
Tech

Facebook exec acknowledges some people won’t be ‘comfortable’ using a financial product built by Facebook but says Mark Zuckerberg isn’t giving up — even if it takes decades

Despite losing seven key partners including PayPal, Visa and Mastercard last month, Facebook continues to pursue its financial services product, the vice president of that project said on Tuesday. Facebook CEO Mark Zuckerberg remains committed to building new technology that would allow people to send money over Messenger and WhatsApp, […]
Facebook exec acknowledges some people won’t be ‘comfortable’ using a financial product built by Facebook but says Mark Zuckerberg isn’t giving up — even if it takes decades
Tech

Lawmakers are getting ready to grill Facebook CEO Mark Zuckerberg over the Libra cryptocurrency project. But they may not get the answers they’re looking for.

FacebookCEO Mark Zuckerberg will testify before the House Financial Services Committee on October 23 to answer questions about his company’s impact on the financial services and housing sectors. The committee will likely ask Zuckerberg about the Facebook-created cryptocurrency network called Libra that it announced in June. It’s expected to launch […]
Lawmakers are getting ready to grill Facebook CEO Mark Zuckerberg over the Libra cryptocurrency project. But they may not get the answers they’re looking for.
Tech

A Michigan congressperson said Facebook’s Libra cryptocurrency reminded him of a ‘platypus’ but then decided it was more like a traveller’s check

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 asides, including an explanation of traveller’s checks for younger representatives, and a […]
A Michigan congressperson said Facebook’s Libra cryptocurrency reminded him of a ‘platypus’ but then decided it was more like a traveller’s check