Somewhere in the world, seated in a makeshift faraday cage, the godfather of tech security John McAfee continues to passionately advocate for internet privacy. His latest comments focus on Facebook's encrypted messaging app, WhatsApp, and his fears that the U.S. government will eliminate any degree of privacy online. The Government's assault on Whatsapp and other encrypted communications - If...
Whistleblower Edward Snowden is back, and he is about to share more of his deepest and darkest secrets in a new tell-all memoir. Snowden, a former CIA employee, has written a new book aptly entitled "Permanent Record." The former contractor with the National Security Agency (NSA) will apparently disclose how he managed to gather and leak top-secret documents that he swiped from the NSA in the...
Ripple CEO Brad Garlinghouse has stated that the high level of scrutiny that Facebook has invited from regulators and policymakers with regards to the Libra cryptocurrency efforts is of the social media giant’s own making. Speaking on Bloomberg TV, Garlinghouse suggested that Facebook may have gone too far by stating in its white paper that it was going to create a ‘new currency’: I think there...
Mark Zuckerberg's Facebook is reportedly working on a back-door content-scanner for WhatsApp, tantamount to a wiretapping algorithm. If the reports are correct, Facebook will scan your messages before you send them and report anything suspicious. It’s a huge violation of privacy and renders WhatsApp’s end-to-end encryption pointless. Facebook will do the same thing with its new currency, Libra...
Ask not for whom the bell tolls, Facebook. It tolls for thee, says bitcoin bull Lou Kerner. The crypto investor says Facebook is on its last legs, and even its over-hyped stablecoin project, Libra, can't save it. Kerner made the ominous predictions in a Medium blog post, where he rebuked Wall Street for being blind to Facebook's obvious deterioration because of the investment community's...
In the age of Trump, all it takes is a single tweet to move the stock market. And the president may have done just that when he launched a tripartite attack on Facebook’s Libra cryptocurrency. Facebook Stock Can't Shake the Trump Dump Facebook stock has remained trapped in a holding pattern since Trump gave Mark Zuckerberg’s crypto plans a big thumbs down, even as the Nasdaq and S&P 500 have...
Monex, the Japanese online brokerage that owns the crypto exchange Coincheck, has applied to join the Facebook Libra stablecoin project. The Libra Association will make a final decision on Monex's application by September 30, Reuters Japan reported. The application process involves Monex investing millions of dollars to back Mark Zuckerberg's vanity project. If approved, Monex will become the...
Watch Will's analysis on how, after the endless scandals and mishandling our data, Facebook will now have to pay the price of $5 Billion to FTC for the privacy breach, and can we still bet on Libra? If the video doesn't load, click on the direct link to the video: Facebook $5 Billion FTC Fine For Abusing Users' Privacy | Can We Still Trust Libra? Make sure to subscribe CCNMarkets on Youtube: CCN...