Hammered
The technology companies being hammered by coronavirus travel bans
Whether it is in retail, entertainment, hospitality or banking, technology companies have been the disruptive force of the 21st century. Instead of shopping in stores, people are buying online. Instead of going to the cinema and eating in restaurants, they’re choosing to stay in with Netflix and a takeaway from Deliveroo. But, now, for many …
Facebook’s Libra Project Is Getting Hammered From All Sides, With Fed Chair Raising ‘Serious Concerns’
Federal Reserve Chairman Jerome Powell at a House Financial Services committee meeting on July 10, 2019.Photo: Susan Walsh (AP) Facebook’s already-troubled Libra cryptocurrency project, which has already run into significant opposition among the U.S. House Committee on Financial Services and the Senate Banking Committee, is running headlong into further resistance from regulators. On Wednesday, Wired …
