Startups or Targets? Silicon Valley Has Let Its Cybersecurity Guard Down, Experts Say

Silicon Valley has its guard down when it comes to the threat posed by state-sponsored hackers and snoops. That was the consensus of a group of cybersecurity experts in a roundtable discussion at the Fortune Brainstorm Tech conference in Aspen, Colo., on Tuesday. “I think people in the Valley are naïve to the foreign nation-state … Read more

Germany’s Finance Chief Joins Slew of Financial Leaders Scoffing at Libra

Germany joined the chorus of countries offering stiff resistance to Libra, Facebook’s new digital coin. German Finance Minister, Olaf Scholz, expressed concerns about the coin’s consumer privacy issues and potential for disruption. Reuter’s released a report which quoted him saying,  “The issuance of a currency does not belong in the hands of a private company … Read more

Senator Brown on Libra: ‘A Recipe for More Corporate Power Over Markets’

Libra is a “recipe for more corporate power over markets and over consumers,” according to U.S. Senator Sherrod Brown, ranking member of the Senate Banking Committee.  Senator Brown’s recent comments came by way of an official video tweet by NowThis News on July 16, posted hours after the Senate Banking Committee hearing on Facebook’s Libra. … Read more

President Trump’s Tweets Attacking Congresswomen Didn’t Violate Twitter’s Policy, CFO Says

One of Twitter’s top executives said President Donald Trump’s controversial tweet attacking a group of diverse congresswomen a couple of days ago was not against the rules. “If you see something on Twitter, it means it didn’t violate our policy,” Ned Segal, Twitter’s chief financial officer, said in response to how Twitter handled the president’s … Read more