Facebook has unveiled a new internal payment platform Facebook Pay, while the cryptocurrency Libra still struggles, amid important defections and doubts of the authorities. The Colossus of Mark Zuckerberg however strongly believes in the digital payments and then the company launched Facebook Pay to allow pay directly in its apps most popular, without redirecting potential customers to a website outside of social media. It is therefore a faster payment system, thanks to which Facebook itself could guarantee greater support from companies and entrepreneurs for booking and promotion activities within this ecosystem frequented by billions of users.
THE'European Union puts an end, at least for now, to private cryptocurrencies like Facebook Libra. This will happen until i potential risks they will not be addressed more clearly. A new big obstacle for Mark Zuckerberg and his digital currency: they established it EU finance ministers, which ask for guarantees on data security, applied taxation or money laundering risk. They also announced the study of European rules to frame these new currencies and also support the work of the European Central Bank (ECB) for the creation of a public digital currency.
The EU antitrust authority is looking into how Google and Facebook use i user data, putting the big technology companies back in focus, especially with regards to the lucrative online advertising business. The European Commission has declared that it has initiated preliminary investigations into how Google and Facebook collect, process, use and monetize data for advertising purposes.
Facebook has launched a new and interesting feature, which will make it easier to import photos from the social network into Google Photos. This is a new tool that will allow you to directly transfer photos and videos from Facebook to other services, starting from Google Photos. For now this is only available in Ireland, but the company has indicated that by the first half of 2020 it will be possible for anyone in the world to do so.
New day, new problem regarding i data of users of Facebook and Twitter. Enter the social networks announced that Hundreds of users have been exposed, after they used their account credentials to access some Android app third-party downloads from Google Play. This time, however, the responsibilities would not be attributed to Facebook or Twitter, but to an SDK, that is a software development kit called One Audience, which actually provided developers with access to personal data.
Facebook is developing a new feature for Messenger which would allow you to share content with one limited circle of close friends. The function, currently under development under the name of "Favorites" (Favorites in English), was discovered for the first time by the researcher Jane Manchun Wong, before its existence was confirmed directly to TechCrunch by Facebook. This is a feature similar to Instagram's "closest friends", available since last year.
Amnesty International has published a detailed reports by title "Surveillance giants". The giants are Google and Facebook which, according to the non-governmental organization, represent one threat to human rights. Thanks to their monopoly in the fields of online research and social media, the two companies are a danger to user privacy.