Privacy Shocker: Did Facebook's Libra Plans Just Go Up in Smoke?

By CCN Markets: As if Facebook didn’t have enough privacy issues, the company now confirms that it has been transcribing the audio chats of its users for quite some time. Facebook Claims It Wasn’t Being Sneaky Facebook claims that the only conversations that were transcribed were from those users who selected that option in the […] The post Privacy Shocker: Did Facebook's Libra Plans Just Go Up in Smoke? appeared first on CCN Markets

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The Bitcoin Skeptic: Bitcoin Will Never Be a Store of Value. Here's Why

As the resident bitcoin skeptic at CCN.com, it’s my job to make logical and reasoned arguments against holding bitcoin. Today I argue that bitcoin is not a store of value as some claim, and never will be. It’s not even a hedge. “Store of Value” Does Not Mean What You Think It Means The concept […] The post The Bitcoin Skeptic: Bitcoin Will Never Be a Store of Value. Here's Why appeared first on CCN Markets

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Google's Stock Now Has a Greater Chance of Crashing on DOJ Probes

President Donald Trump attacked Google CEO Sundar Pichai in his latest tweetstorm. It’s standard Donald Trump to jawbone at his opponents, and Google would be wise to pay attention. Donald Trump usually follows his attacks with real action. Check out what @Google is up to for the 2020 election! #KAG2020 pic.twitter.com/roM2WNmUSP — Donald J. Trump […] The post Google's Stock Now Has a Greater Chance of Crashing on DOJ Probes appeared first on CCN Markets

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Bitcoin Cash Clash: Craig Wright Whiffs in Suit Against Ex-Pal Roger Ver

Craig Wright’s legal campaign continues to experience turbulence, with a UK court dealing a devastating blow to the self-declared Bitcoin creator’s quest to use the strong arm of the law to unsully his less-than-stellar-reputation. The self-proclaimed “Satoshi Nakamoto” launched a libel lawsuit against Roger Ver after Ver taunted him by calling him a “fraud” – a […] The post Bitcoin Cash Clash: Craig Wright Whiffs in Suit Against Ex-Pal Roger Ver appeared first on CCN Markets

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Tech Billionaire Mark Cuban Doubles Down on Potentially Deadly Libra

Libra is under attack from a big name in the tech world, again. Mark Cuban, the billionaire owner of the Dallas Mavericks and recurring Shark Tank guest, has already called Facebook’s new digital currency “dangerous” and “a big mistake.” Now he’s doubling down on that prediction, suggesting that it could be even worse than he […] The post Tech Billionaire Mark Cuban Doubles Down on Potentially Deadly Libra appeared first on CCN Markets

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AOC is Right on Stock Buybacks, But For All the Wrong Reasons

Last week, Alexandria Ocasio–Cortez made several misleading statements regarding stock buybacks in Congress, as part of her push to ban such buybacks. Rep. Alexandria Ocasio-Cortez (@RepAOC/@AOC) and @P4AD President David Mitchell on stock buybacks: 🎥 https://t.co/66n2jaBY2Z pic.twitter.com/XmVaIMAKkO — CSPAN (@cspan) July 26, 2019 That being said, AOC did make a good point regarding stock buybacks […] The post AOC is Right on Stock Buybacks, But For All the Wrong Reasons appeared first on CCN Markets

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Gaming Publisher Bethesda Backpedals after Botched Doom Relaunch

The Doom games have received many re-releases over the years to more or less success, including a full reboot in the Spring of 2016. Most recently, 1993’s Doom, Doom II, and Doom 3 were rereleased by current series publisher Bethesda, which received a good deal of backlash in the process. On July 26, Bethesda rereleased […] The post Gaming Publisher Bethesda Backpedals after Botched Doom Relaunch appeared first on CCN Markets

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Treasury Secretary Supports DOJ’s Decision to Probe Amazon’s Monopoly

Treasury Secretary Steven Mnuchin concurred with the DOJ that anti-competitive practices at the big tech companies warrant an antitrust investigation — an idea first proffered by Walmart. In an interview on CNBC, Steven Mnuchin said that while there have been many benefits to Amazon, the company has also destroyed the American retail industry, thereby limiting […] The post Treasury Secretary Supports DOJ’s Decision to Probe Amazon’s Monopoly appeared first on CCN Markets

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