Several U.S. tech companies launch coalition to promote internet protection law

Several technology companies including Snap Inc, Pinterest, Dropbox and eBay announced a coalition on Tuesday that would advocate the benefits of Section 230, a decades-old law protecting internet firms. Section 230 of the Communications Decency Act protects tech companies from liability over content posted by users, and has been under attack from U.S. President Donald… Read More Several U.S. tech companies launch coalition to promote internet protection law

Major financial companies quit Facebook cryptocurrency project

Facebook Inc’s ambitious efforts to establish a global digital currency called Libra suffered severe setbacks on Friday, as major payment companies including Mastercard and Visa Inc quit the group behind the project. The two companies announced they would leave the association on Friday afternoon, as did EBay Inc, Stripe Inc. and Latin American payments company… Read More Major financial companies quit Facebook cryptocurrency project