Apple Magazine

FACEBOOK’S CURRENCY PLAN GETS HOSTILE RECEPTION IN CONGRESS

Under sharp criticism from senators, a Facebook executive defended the social network’s ambitious plan to create a digital currency and pledged to work with regulators to achieve a system that protects the privacy of users’ data.

“We know we need to take the time to get this right,” David Marcus, the Facebook executive leading the project, told the Senate Banking Committee at a hearing.

But that message did little to assure senators. Members of both parties demanded to know why a

You're reading a preview, sign up to read more.

More from Apple Magazine

Apple Magazine2 min readSociety
Seniors Can Use Virtual Reality For Travel, Health Issues
Joy Golliver recently visited the Washington state community where she and her late husband lived for more than 20 years. And her sons, who live in Seattle, texted their 84-year-old mother asking how she was able to travel from Tucson, Arizona, to Ka
Apple Magazine5 min readNutrition
Who Says You Can’t Eat Red Meat? Food Advice Questioned Anew
So is red meat good or bad for you? If the answer were only that simple. A team of international researchers recently rattled the nutrition world by saying there isn’t enough evidence to tell people to cut back on red or processed meat, seemingly con
Apple Magazine3 min read
Google Touts Privacy Options, But Still Depends On Your Data
Google’s latest phone and smart-home devices came packaged with a not-so-subtle message: Google cares about your privacy. Does it? The tech company has had a complicated relationship with user information in the past. Google’s latest steps offer cons