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House Questions Big Tech Over Antitrust Concerns

PYMNTS

Across a trio of hearings , Facebook was grilled about Libra , the cryptocurrency program that has been increasingly drawing scrutiny from regulators. Cicilline noted there have not been challenges from antitrust regulators. There are low barriers to entry in the online sector, Perault added, especially for digital platforms.

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121 Of The Biggest, Costliest Startup Failures Of All Time

CB Insights

In this review of failure, we’ve looked in our venture capital database to find the most well-funded startup companies that ultimately failed or had an undesirable exit, such as an asset sale or an acquisition for less than the total funding raised by the company. The 101 Biggest Product Failures Of All Time. Total Funding: Over $100M.

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Lawmakers Eye Increased Libra Oversight

PYMNTS

The move, according to the publication, would subject the digital coin to “a set of extensive and well established regulations.”. However, we believe that it is important to regulate activities and not technologies, allowing for responsible innovation to flourish.”. Apple Gets a Look Too. The bill was introduced by Sen.