With an election coming next year, Zuckerberg defends free speech

Facebook boss Mark Zuckerberg is under attack because of the consequences of too-free speech on his platform.

But it’s possible he may be a more considerable public figure than many had him down for, after he made a reasoned and principled address defending free speech (and his company’s approach to it) at Georgetown University last week.

The immediate kerfuffle was over political campaigning.  The Trump campaign put out a social media ad which implied that Democratic candidate Joe Biden had corrupt motives in helping fire a Ukrainian prosecutor investigating the Ukrainian company which employed his son.  Elizabeth Warren, another Democratic presidential contender, riposted by attacking Facebook for letting politicians run advertisements with false claims.  To prove her point and get some publicity (good for her, not so good for rival Biden), she ran a self-proclaimed false ad – on Facebook. Continue reading “With an election coming next year, Zuckerberg defends free speech”

There’s more to Libra than meets the eye

Confused by Facebook’s Libra proposal for a digital currency? The commentariat seems unable to decide if it’s a giant money-laundering cum tax-dodging scam or redundant on the grounds of necessity.

You might want to look at it from Mark Zuckerberg’s point of view.  The digital revolution has collapsed the cost of storing, transmitting and verifying data.  So we ought to be in a new golden age of money management: instantly and costlessly sending money around the world.  Er … not quite.  Somehow your bank wants you to spend more time with it than you would like, preferably bringing multiple forms of ID, whenever you have a new way of using your money.

Continue reading “There’s more to Libra than meets the eye”