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Facebook’s Zuckerberg grilled over Libra currency plan

Facebook’s Zuckerberg grilled over Libra currency plan

Technology
Facebook CEO Mark Zuckerberg has tried to reassure sceptical US lawmakers over the safety of the social network's proposed digital currency Libra.At a fractious hearing in Washington, members of Congress attacked plans for the payment system, warning it could be abused by criminals and terrorists. Mr Zuckerberg was also challenged over claims that he had lied to US regulators in the past.But he promised Libra would not be launched without government approval. He said Facebook would leave the Libra Association if the consortium tried to launch a cryptocurrency without the permission of US regulators. Facebook's partners yet to commit money to Libra Facebook's digital currency dealt another blow Mr Zuckerberg's appearance before the House Committee on Finan...

Zuckerberg security chief accused of misconduct leaves job

Technology
Facebook CEO Mark Zuckerberg's personal security chief won't be returning to his job after being accused of sexual misconduct and slurs that included racist remarks about Zuckerberg's wife, Priscilla Chan. The parting of ways announced Monday comes five weeks after a Business Insider article uncovered a litany of allegations against Liam Booth, whose LinkedIn profile described him as a former Security Service officer who had been working with Zuckerberg's family charity since 2017. Booth had been placed on leave since the allegations surfaced. Although its investigation didn't substantiate the accusations, Zuckerberg's family office said Booth agreed he shouldn't return to work to minimize "distractions." The Bloom Firm, whose lawyers are representing employees accusing Booth, didn't imme...
Facebook lets deepfake Zuckerberg video stay on Instagram

Facebook lets deepfake Zuckerberg video stay on Instagram

Technology
Facebook has said it will not remove a manipulated video of its chief Mark Zuckerberg from Instagram, in which he appears to credit a secretive organisation for his success.The clip is a "deepfake", made by AI software that uses photos of a person to create a video of them in action.Facebook had previously been criticised for not removing a doctored clip of US House Speaker Nancy Pelosi.The latest decision coincided with the announcement of 500 new jobs in London.The social network has said many of the posts will be involved in building machine-learning based software of its own to automatically detect and remove malicious content posted to its platforms.In addition, they will build tools to help human workers review potentially ...
Facebook’s Mark Zuckerberg ‘survives’ leadership vote

Facebook’s Mark Zuckerberg ‘survives’ leadership vote

Technology
An attempt to make Facebook founder Mark Zuckerberg step down as the company's chairman has failed.At the company's annual general meeting on Thursday, shareholders had the opportunity to vote on Mr Zuckerberg's leadership.Mr Zuckerberg is both Facebook's chief executive and the chairman of its board of directors.He controls about 60% of the voting power and would only have lost if he voted against himself.Some investors have called for him to step down as chairman as they believe this would help him focus on running the company.One of those investors is Trillium Asset Management, which owns Facebook shares worth about $ 7m (£5.5m). "If he can focus on being the CEO, and let somebody else focus on being independent board chair, that would be a much better