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Facebook’s new currency plan under scrutiny in Congress

WASHINGTON (AP) — Facebook’s ambitious plan to create a financial eco-system based on a digital currency faces questions from lawmakers, as it’s shadowed by negative comments from President Donald Trump, his treasury secretary and the head of the Federal Reserve. Congress begins two days of hearings Tuesday on the currency planned by Facebook, to be […]

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Hong Kong protesters to continue after bill declared ‘dead’

HONG KONG (AP) — Hong Kong protest leaders opposed to the administration of Chief Executive Carrie Lam said Tuesday that they will continue their demonstrations, even after Lam declared the effort to amend a highly contentious extradition bill “dead.” Protesters are persisting in their demands for the bill to be formally withdrawn and an investigation […]

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Korea vows to respond to South’s deployment of F-35 jets

SEOUL, South Korea (AP) — North Korea slammed South Korea over its ongoing deployment of high-tech U.S. fighter jets, warning Thursday that it will respond by developing and testing unspecified special weapons of its own to “destroy” the aircraft. The statement, which also urged South Korea to abandon its “preposterous illusions” for improved ties, comes […]

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US govt, states sue Facebook for ‘predatory’ conduct

By MARCY GORDON and MICHAEL R. SISAK Associated Press WASHINGTON (AP) — The U.S. government and 48 states and districts sued Facebook Wednesday, accusing it of abusing its market power in social networking to crush smaller competitors and seeking remedies that could include a forced spinoff of the social network’s Instagram and WhatsApp messaging services. […]

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