Mail & Guardian
Mail & Guardian
libralatest news & developments
About 200 African content moderators are being laid off by Sama, Meta’s Kenyan subcontractor. This comes after Facebook’s parent company Meta declined to renew Sama’s contract, which expires at the end of March. (Stephen Lam/Reuters)
CRYPTOCURRENCY

Facebook’s Libra cryptocurrency faces EU antitrust scrutiny

Libra is reportedly being probed by the European Union’s competition authorities

  • Srinivas Mazumdaru
2 min read
About 200 African content moderators are being laid off by Sama, Meta’s Kenyan subcontractor. This comes after Facebook’s parent company Meta declined to renew Sama’s contract, which expires at the end of March. (Stephen Lam/Reuters)
AGENCY

Privacy watchdogs warn Facebook over Libra currency

The regulators demanded Facebook provide guarantees that user information, such as transaction histories, will not be shared without explicit consent

  • Agency
2 min read
About 200 African content moderators are being laid off by Sama, Meta’s Kenyan subcontractor. This comes after Facebook’s parent company Meta declined to renew Sama’s contract, which expires at the end of March. (Stephen Lam/Reuters)
BITCOINS

Facebook’s Libra currency under fire

​Facebook’s planned virtual unit Libra faces scepticism among the wider cryptocurrency community

  • Kevin Trublet
3 min read
About 200 African content moderators are being laid off by Sama, Meta’s Kenyan subcontractor. This comes after Facebook’s parent company Meta declined to renew Sama’s contract, which expires at the end of March. (Stephen Lam/Reuters)
CRYPTOCURRENCY

Libra: Facebook’s crypto will not help the billions of people excluded from banks

Only a few days since Facebook’s announcement, libra has faced strong pushback from regulators and policymakers around the world.

  • Kamini Gupta
4 min read
World domination: Mark Zuckerberg, the founder of tech-giant Facebook
CRYPTOCURRENCY

Libra: How Zucked are we really?

The brand new digital currency championed by Mark Zuckerberg’s Facebook has serious implications for data privacy and regulation

  • Lynley Donnelly
8 min read
About 200 African content moderators are being laid off by Sama, Meta’s Kenyan subcontractor. This comes after Facebook’s parent company Meta declined to renew Sama’s contract, which expires at the end of March. (Stephen Lam/Reuters)
CRYPTOCURRENCY

Libra, the cryptocurrency spearheaded by Facebook, arrives

Unlike other digital or cryptocurrencies such as Bitcoin, the Libra is intended to be backed by real assets

  • Lynley Donnelly
3 min read