MacAlert!

Up to the minute Apple and Mac news alerts

Facebook’s Cryptocurrency Reveals Its Real Aims

[2019-06-27 16:49:24]

Facebook’s announcement it was launching a cryptocurrency freaked lots of people out. It’s not just about privacy. It’s not too far-fetched to say that firms like Facebook are almost becoming countries in their own right, as Molly Wood outlined for Wired. While Facebook’s ambitions appear unsubtle (at least to me), the biggest tech companies are all building more and more advanced and immersive ecosystems. So maybe it’s time to start asking: What is the functional difference between a company and a country? It’s not a crazy question: We’re already at a point where huge multinational tech monopsonies have so much power over the global economy that central bankers and regulators are starting to wonder if they even have the tools to set economic policy, like they used to in the old days.

Facebook’s Cryptocurrency Reveals Its Real Aims


Read more....



RELATED!

Game of Thrones Beyond the Wall Game Coming to iOS

EE Offering Apple TV 4K in New Broadband Deals

Private Social Network MeWe Reaches Over 5 Million Members

YouTube Lets You Hide Channels From Recommendations in iOS

Apple Security Chief Ivan Krstic Will Talk at Black Hat 2019

Apple Steps Up Its Game at ISTE 2019 Edtech Conference

Deepfakes Could be a ‘Completely Different Category’ Says Zuckerberg

On Covering Up Your iPhone Selfie Camera

Startup 3 Website Builder 1-Year Subscription: $19.999

The Next Silicon Valley is…LA?

Apple Skates to the Privacy Puck, Disney Plus Spanner, with John Martellaro – ACM 517

Saving the Planet with a Mac

New Opera Touch Browser Blocks Crypto Miners

Catalina System Volume, ISP Lobbying Budgets – TMO Daily Observations 2019-06-26

Mozilla’s Track THIS Project Aims to Fool Advertisers