Posted inWorld News

From toast of town to toxic: Facebook CEO on outs with Dems

WASHINGTON (AP) — Mark Zuckerberg’s social network in Washington is shrinking. Bipartisan hostility against Facebook has been building for months, fueled by a series of privacy scandals, the site’s role in Russian meddling in the 2016 presidential campaign and accusations that Facebook crushes competitors. Now, with the 2020 elections approaching, Democrats especially are homing in […]

Posted inWorld News

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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