TechCrunch: How Facebook’s Libra is similar in concept and motivation to Kik’s Kin cryptocurrency

Facebook unveiled its Libra cryptocurrency initiative today, which is part of an alternative financial system (including new subsidiary and wallet ‘Calibra‘) it aims to build alongside industry and academic partners including MasterCard, PayPal, Visa, Uber, Andreessen Horowitz and Creative Destruction…

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TechCrunch: Facebook introduces ‘one strike’ policy to combat abuse of its live-streaming service

Facebook is cracking down on its live streaming service after it was used to broadcast the shocking mass shootings that left 50 dead at two Christchurch mosques in New Zealand in March. The social network said today that it is implementing…

TechCrunch: The EU will reportedly investigate Apple following anti-competition complaint from Spotify

The spat between Spotify and Apple is going to be the focus on a new investigation from the EU, according to a report from the FT. The paper reported today that the European Commission (EC), the EU’s regulatory body, plans…

TechCrunch: Internet connectivity projects unite as Alphabet spinout Loon grabs $125M from SoftBank’s HAPSMobile

Two futuristic projects are coming together to help increase global internet access after Loon, the Google spinout that uses a collection of floating balloons to bring connectivity to remote areas, announced it has raised money from a SoftBank initiative. HAPSMobile,…

TechCrunch: Snap is channeling Asia’s messaging giants with its move into gaming

Snap is taking a leaf out of the Asian messaging app playbook as its social messaging service enters a new era. The company unveiled a series of new strategies that are aimed at breathing fresh life into the service which…