Too Long; Didn't Read
MasterCard and PayPal pulling out of the $10M investments in the Libra Stablecoin Project. MasterCard is quiet and PayPal “Stood Up” Zuckerberg. Mark Zuckerberg was once again in the spotlight answering hard questions from Facebook Staff. The Federal Trade Commission put that ‘ban hammer’ down Mark was complaining about. The FTC's $5B civil penalty against Facebook for violations of an earlier FTC order is record-breaking and history-making. In addition, the settlement requires Facebook to implement changes to its privacy practices, its corporate structure, and the role of CEO Mark Zuckerberg.
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