Following the social media giant’s biggest PR crisis to date earlier this month, CEO and founder Mark Zuckerberg has announced some grim plans to have us all socialising in a (sort of) parallel universe. But what does it actually mean?
While Twitter was quick to to add a warning to Trump’s recent “when the looting starts, the shooting starts” tweet, Facebook CEO Mark Zuckerberg decided roll over, citing a commitment to “free expression”. It’s a move which staff saw as capitulation. So, what’s behind the company’s reluctance to clamp down?
Facebook’s new cryptocurrency, Libra, can handle 1,000 transactions per second (Bitcoin can only deal with seven) and early investors include Uber, Paypal, Spotify and Mastercard.