• "So, like, you can't even give me his password? What about Warren's?" President Donald J. Trump welcomes Facebook CEO Mark Zuckerberg Thursday, Sept. 19, 2019, to the Oval Office of the White House. (Official White House Photo by Joiyce N. Boghosian)
    Libra

    Facebook’s well-timed leak

    Mark Zuckerberg’s remarkably calm reaction to a leaked recording of his thoughts about Libra and Sen. Elizabeth Warren may have something to do with good timing

    Just as Facebook’s Libra cryptocurrency project is facing defections from its biggest and most important partners, a recording of Mark Zuckerberg was “leaked” where he said all the right things. Coincidence?

  • Facebook
    Cryptocurrencies,  Technology

    Visa, Mastercard, PayPal, Uber among companies joining Facebook stablecoin project

    Wall Street Journal reports the social media giant will unveil GlobalCoin details next week

    Facebook has signed up a who’s who of tech and financial powerhouses to back its forthcoming stablecoin, including Mastercard, Visa, PayPal, and Uber, the Wall Street Journal reported on June 13.

  • Square's Cash app
    Bitcoin

    Square expanding Bitcoin services on Cash app

    Is this an indication that more businesses will accept bitcoin as a form of payment in the U.S.?

    Square, a company best known for its popular point-of-sale and payment processing suite, announced on Monday that it would be expanding Bitcoin services offered in its Cash app. Thus the No. 1 finance app in the iOS App Store will allow users to buy and sell the cryptocurrency in all 50 U.S. states. This is huge news for the crypto world as it represents a sort of mainstream acceptance after the blow it was dealt in January when Stripe announced it would no longer support Bitcoin payments. To be clear, there is a distinction between the types of services Stripe offered and those that Cash will offer vis-à-vis Bitcoin. Stripe’s…

  • Commentary,  Innovators

    Sparks fly at Fortune’s ‘Making Money Move’ panel in Aspen

    Stripe and Ripple reps throw shade at IBM for buzzword bingo

    At Fortune’s Brainstorm Tech conference in Aspen last week, the state of women in tech was at the front of everybody’s minds. With 245 tweets or retweets mentioning women over the course of the conference, the topic comprised a full 10 percent of the Twitter conversation about the conference: File under: It can be done. Just under half of all mainstage speakers at #FortuneTech were women. — Dan Primack (@danprimack) July 18, 2018 That dynamic set the stage for the conference’s premiere crypto panel. “Making Money Move” featured two female panelists and female moderator Jen Wieczner—a clear indication of the industry’s dedication to break away from its reputation of being…