Neowin News Feed for: Libra

Libra Association picks former HSBC head as Managing Director

Paul Hill — Thu, 17 Sep 2020 13:46:01 +0000

The Libra Association has picked James Emmett to be the Managing Director of Libra Networks LLC, overseeing the development and operation of the Libra payment system. He formerly worked at HSBC. Read more...

Facebook Libra's Calibra wallet is rebranded as Novi

Paul Hill — Tue, 26 May 2020 16:18:01 +0000

Facebook has announced that its Calibra Libra wallet is now going to be known as Novi which was inspired by the Latin word for new. The wallet will arrive in several countries before a wider launch. Read more...

Facebook altering course with Libra cryptocurrency

Paul Hill — Wed, 04 Mar 2020 10:24:01 +0000

Facebook now appears to be altering course with its Libra cryptocurrency. Reports suggest that it will act as a digital version of existing currencies such as the dollar and the euro. Read more...

Vodafone pulls support for Facebook's Libra cryptocurrency

Paul Hill — Wed, 22 Jan 2020 09:46:01 +0000

Vodafone has announced its withdrawal from the Libra Association, the body responsible for Facebook's Libra cryptocurrency. The association said that the project will be resilient despite its backers. Read more...

Libra Association considering alternative plan to address regulatory issues

Paul Hill — Mon, 21 Oct 2019 07:24:01 +0000

The head of the Libra project at Facebook has announced that the cryptocurrency could be made up of national stablecoins instead of being a synthetic currency as it tackles regulatory issues. Read more...

G7 group report says Facebook must show Libra to be safe and secure before any launch

Paul Hill — Mon, 14 Oct 2019 14:40:01 +0000

The G7 has drafted a new report that will be presented to finance ministers this week during a meeting. It looks at the dangers of stablecoins, like Libra, and highlights what needs to be addressed. Read more...

Mastercard, Visa, eBay, and Stripe pull their support for Facebook's Libra

Paul Hill — Sat, 12 Oct 2019 01:56:01 +0000

The Libra Association has lost its backing from Mastercard, Visa, eBay, and Stripe. Facebook said it was a short term blow, but in a way, liberating. The firms could return once regulation is sorted. Read more...

PayPal withdraws its support from Facebook's Libra Association

Paul Hill — Sat, 05 Oct 2019 06:24:01 +0000

PayPal has announced that it has withdrawn itself from the Libra Association, the governing body of the Libra cryptocurrency started by Facebook. The news follows speculation that the firm had doubts. Read more...

Visa, Mastercard, and others are having doubts over Facebook's Libra

Paul Hill — Wed, 02 Oct 2019 06:06:01 +0000

Facebook's Libra cryptocurrency could see delays after insiders revealed that Visa, Mastercard, Stripe, and PayPal all have doubts over the proposed cryptocurrency due to the scrutiny it's under. Read more...

French finance minister says the EU should have a public digital currency

Paul Hill — Fri, 13 Sep 2019 11:48:01 +0000

French finance minister, Bruno La Maire, has re-iterated that the EU needs to regulate cryptocurrencies after Facebook announced Libra. He also said the EU should develop a cryptocurrency. Read more...

European Central Bank board member says Libra could undermine monetary policy

Paul Hill — Mon, 02 Sep 2019 10:54:01 +0000

Facebook's Libra plans have again come under fire, this time by the ECB's Yves Mersch, who said that the eurozone should not be wooed by the "treacherous promises of Facebook's siren call." Read more...

UK's Financial Conduct Authority says crypto assets have no intrinsic value

Paul Hill — Wed, 31 Jul 2019 16:22:01 +0000

The Financial Conduct Authority in the UK has stated that it doesn't believe that some cryptocurrencies including bitcoin don't need to be regulated. It also claimed they have no intrinsic value. Read more...

Less than three percent of people would use Facebook Libra cryptocurrency

Steven Parker — Fri, 26 Jul 2019 11:00:02 +0000

According to a survey conducted by Viber in the US and UK, less than three percent of users would use the Libra crypto currency when it launches next year, and half those asked don't trust Facebook. Read more...

French finance minister puts the brakes on Facebook's Libra

Paul Hill — Wed, 17 Jul 2019 17:02:01 +0000

G7 finance ministers have cast doubt on Facebook's Libra cryptocurrency, saying that it'll have to be regulated, similar to other currencies, in order to prevent criminal activity. Read more...

Japan becomes the latest country to investigate Facebook's Libra

Paul Hill — Sat, 13 Jul 2019 07:36:01 +0000

Several of Japan's financial institutions have come together to discuss the ramifications of Facebook's upcoming Libra cryptocurrency. The group is set to develop policies to manage Libra's impact. Read more...

PBOC concerned about U.S. dollar influence over Facebook's Libra

Paul Hill — Tue, 09 Jul 2019 08:22:01 +0000

China's central bank has been spurred on to develop a cryptocurrency following the news of Facebook's Libra 2020 launch. It said it's concerned about the influence the dollar will have on Libra. Read more...

Facebook announces 2020 launch for Libra cryptocurrency

Paul Hill — Tue, 18 Jun 2019 13:02:01 +0000

Facebook has announced a new cryptocurrency, dubbed Libra, and the crypto wallet, Calibra. The products are intended to launch in 2020 and will allow for low-cost or free transactions. Read more...

Microsoft's upcoming Surface tablet may reportedly launch this week

Hamza Jawad — Mon, 09 Jul 2018 10:06:01 +0000

A new leak has revealed that Microsoft's rumored $400 Surface tablet could be launching this Friday. This is the latest in a growing number of leaks regarding the device in recent days. Read more...

Microsoft's $400 Surface reportedly shows up in OpenCL benchmark

João Carrasqueira — Wed, 04 Jul 2018 23:14:01 +0000

The latest bit of information regarding Microsoft's return to the entry level of the market gives us a better look at the processor's performance, putting it close to Apple's 2017 MacBook. Read more...

Microsoft's upcoming 10-inch Surface tablets to reportedly use Pentium processors

Rich Woods — Wed, 04 Jul 2018 14:30:01 +0000

According to a new report, Microsoft's upcoming inexpensive Surface tablets will use Intel's Pentium processors, rather than the previously rumored Core Y-series processors. It should launch soon. Read more...

Microsoft's $400 Surface tablet seemingly confirmed as it passes through FCC

Muhammad Jarir Kanji — Tue, 03 Jul 2018 17:10:01 +0000

The company's lower-cost model of the Surface lineup, aimed at students and emerging markets, has seemingly been confirmed after the discovery of FCC documents most likely pertaining to it. Read more...

Microsoft Weekly: E3 recap, preview unwrap, hardware roadmap

Florin Bodnarescu — Sun, 17 Jun 2018 16:48:02 +0000

Thanks to E3 week, there's been a lot of news from Microsoft. From first- to third-party game showcases to hints of the next Xbox and much more. Be sure to catch up via the handy guide below. Read more...

Microsoft's hardware roadmap revealed: Andromeda, Carmel, Libra, Capitola, and more

Rich Woods — Tue, 12 Jun 2018 16:42:01 +0000

A new report lays out the roadmap for Microsoft's hardware lineup, showing the device codenames, as well as the likely release dates for Andromeda, the new Surface tablet, and more. Read more...