PYMNTS

DECEMBER 19, 2018

Prosecutors in Washington, DC, are suing Facebook over stolen user data related to the Cambridge Analytica scandal, according to reports. The DC attorney general’s (AG) office announced the lawsuit on Wednesday (Dec. The DC attorney general’s (AG) office announced the lawsuit on Wednesday (Dec.

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PYMNTS

SEPTEMBER 26, 2019

With questions surrounding Facebook ’s market power and its plans for the Libra digital currency, the social media company is reportedly negotiating with an important congressional committee for COO Sheryl Sandberg to testify as early as October. It was reported that the hearing could happen later in the year.

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PYMNTS

SEPTEMBER 19, 2019

during a rare visit to Capitol Hill that comes on the heels of rising scrutiny over the company’s business practices, CNBC reported on Thursday (Sept. The social media giant has been under scrutiny via multiple antitrust investigations. Facebook CEO Mark Zuckerberg had dinner with several senators in Washington D.C.

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PYMNTS

SEPTEMBER 20, 2019

meeting with lawmakers, according to a report by Bloomberg. The move comes as the social media giant is battling accusations of antitrust impropriety and a lack of proper preparation against misinformation ahead of the 2020 election. Facebook CEO Mark Zuckerberg spent a third day in Washington, D.C. On Friday (Sept.

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PYMNTS

NOVEMBER 15, 2019

German cryptocurrency company Karatbars has been ordered to stop doing business after being accused of running a pyramid scheme. But in May, authorities in Namibia called Karatbar a pyramid scheme, while last month, Florida’s financial regulator denied that the company had been issued a banking license. And the U.S.

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CB Insights

JULY 21, 2017

Earlier this week, Bank Indonesia, the central bank of Indonesia, nominated three companies for its award for the fintech company most supportive of the “non-cash national movement of inclusion.” Read about all this and more in our recent Q2’17 Canada VC Report released with PwC.

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CB Insights

AUGUST 1, 2017

In June, The New York Times reported on potential increased legislation intended to keep closer tabs on Chinese investment into the US. Between 2012 and 2015, tech investment deals to US companies by Chinese investors grew over 5X. CHINA INVESTMENT IN US TECH BY Stage. Which Technologies Chinese Investors are backing in the US.

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