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Facebook and Amazon set lobbying records as tech scrutiny grows

The world's largest social media site spent more than $4.1 million on lobbying, the most among big internet platforms

Facebook and Amazon set lobbying records as tech scrutiny grows
Updated On : 17 Jan 2020 | 8:06 PM IST

Wipro receives second threat mail demanding Rs 500 crore, beefs up security

There was, however, no impact on the company's operations

Wipro receives second threat mail demanding Rs 500 crore, beefs up security
Updated On : 17 Jan 2020 | 11:04 AM IST

China's own Bitcoin: A roller-coaster ride for money, politics is beginning

The digital yuan can disrupt both traditional banking and the post-Bretton Woods system of floating exchange rates.

China's own Bitcoin: A roller-coaster ride for money, politics is beginning
Updated On : 30 Dec 2019 | 8:04 AM IST

Facebook's Libra cryptocurrency has failed, says Switzerland's president

The Libra Association said that more than 1,500 entities have expressed interest in joining the digital currency project

Facebook's Libra cryptocurrency has failed, says Switzerland's president
Updated On : 28 Dec 2019 | 3:06 PM IST

Mark Zuckerberg to testify to Congress as Libra concerns intensify

Facebook announced in June it's trying to create the new cryptocurrency using similar technology to that of Bitcoin, saying it would lower the cost of payments and money transfers

Mark Zuckerberg to testify to Congress as Libra concerns intensify
Updated On : 27 Nov 2019 | 12:57 PM IST

Mastercard, Visa quit Facebook's Libra as global regulators air concerns

They join PayPal Holdings Inc which exited the group a week ago, as global regulators continue to air concerns about the project

Mastercard, Visa quit Facebook's Libra as global regulators air concerns
Updated On : 27 Nov 2019 | 12:57 PM IST

Facebook Libra to be blocked in Europe by Paris, Rome, Berlin: France

"Libra is not welcome on European soil," French Economy Minister Bruno Le Maire told reporters the sidelines of the annual meetings of the World Bank and International Monetary Fund

Facebook Libra to be blocked in Europe by Paris, Rome, Berlin: France
Updated On : 27 Nov 2019 | 12:57 PM IST

Facebook posts $6 bn profit, active user base increases to $2.45 bn

The leading online social network said its profit topped $6 billion on revenue that climbed 28 per cent to $17.4 billion in the quarter that ended on September 30

Facebook posts $6 bn profit, active user base increases to $2.45 bn
Updated On : 27 Nov 2019 | 12:56 PM IST

Thumbs down to Facebook's cryptocurrency

Technology has enabled us to complete transactions efficiently with good protection. The last thing we need is a new vehicle for nurturing illicit activities

Thumbs down to Facebook's cryptocurrency
Updated On : 27 Nov 2019 | 12:54 PM IST

Rupee trims early gains, settles 8 paise higher at 70.06 against dollar

The rupee opened on a strong note and soared 35 paise to 69.79 a dollar against the previous close of 70.14

Rupee trims early gains, settles 8 paise higher at 70.06 against dollar
Updated On : 07 Nov 2019 | 7:21 AM IST

Rupee tumbles 60 paise to 72 against US dollar in early trade

The domestic unit on Friday appreciated by 38 paise to close at a two-week high of 71.42 on Friday led by a rally in domestic equities and renewed hopes of the US-China trade talks.

Rupee tumbles 60 paise to 72 against US dollar in early trade
Updated On : 07 Nov 2019 | 6:45 AM IST

Beware online frauds

There isn't a great deal you can do but there are a few precautions you can take as a citizen

Beware online frauds
Updated On : 04 Nov 2019 | 1:57 AM IST
Updated On : 31 Oct 2019 | 6:35 PM IST

Bitcoin surges 15% to $8,574 in bounce back from lowest in five months

Cryptocurrencies may also get a boost after China's state-owned news agency Xinhua reported the country plans to speed up development of blockchain technology and industry

Bitcoin surges 15% to $8,574 in bounce back from lowest in five months
Updated On : 26 Oct 2019 | 12:51 PM IST

Fix Facebook before moving ahead on Libra, US lawmakers tell Zuckerberg

Despite some top-notch firms pulling out, Facebook and 20 partner organisations have formally launched the digital currency Libra project

Fix Facebook before moving ahead on Libra, US lawmakers tell Zuckerberg
Updated On : 24 Oct 2019 | 11:43 PM IST

Best of BS Opinion: The importance of exports, the power of youth activists

Here's a selection of Business Standard opinion pieces for the day

Best of BS Opinion: The importance of exports, the power of youth activists
Updated On : 22 Oct 2019 | 1:53 PM IST