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Silvergate Capital acquired the Diem technical assets for $182 million earlier this year, effectively ending Facebook's grandiose ambition to create a crypto payments network. The transaction demonstrated how Facebook, now Meta, is left with few regulator-approved ways forward to become a key player in the blockchain ecosystem, a conclusion that has cost the corporation a slew of talent, including crypto chief David Marcus.
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'Carpe diem,' advises Jack Dorsey.
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One hundred years ago on Aug. 18, the 19th Amendment was ratified, giving most American women the right to vote. Timed with the landmark law’s centennial, the New York Public Library is honoring women and their rights with the release of three lists of Essential Reads on Feminism. The lists are compiled by age, with …
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There’s never been a better time to read up. Harlem’s Schomburg Center for Research in Black Culture, a part of the New York Public Library system, has just released its Black Liberation Reading List to mark its 95th anniversary and to respond to the global protests in support of Black Lives Matter. The list is …
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As the New York Public Library marks its 125th anniversary, it’s celebrating by giving kids a treat that will have them booked all summer. NYPL released a list of 125 children’s books from the last 125 years to help spark a child’s love of reading. “125 Kids Books We Love” is available to view online …
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New York City has become the new quiet place. Indeed, since the coronavirus lockdown made everyone either stay at home or flee the city, the chirping birds have been about the loudest thing you can hear in the concrete jungle. But if your ears — and your heart — are missing the hustle and bustle, …
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Senators Kirsten Gillibrand and Cory Booker are angling to be picked as Joe Biden’s running mate in the 2020 election. A Democratic source says the New York and New Jersey senators have both “let it be known of their interest in being picked as Joe Biden’s running mate.” Unfortunately for Booker, Biden has committed to …
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Facebook’s (FB.O) planned cryptocurrency Libra will be linked to individual national currencies and overseen by global watchdogs in a scaled-back revamp it hopes will win regulatory approval. The prospect of Facebook’s 2.5 billion users adopting Libra has led to intense scrutiny from global regulators, with many worried its launch could erode national control over money. …