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Federal Reserve Chairman Says Facebook Libra "Cannot go Forward"

Andrew Orr ·

U.S. Federal Reserve Chairman Jerome Powell said on Wednesday that Facebook Libra “cannot go forward” until serious concerns are addressed.

“Libra raises many serious concerns regarding privacy, money laundering, consumer protection and financial stability,” Powell said during his semi-annual testimony on monetary policy before the U.S. House of Representatives Financial Services Committee.

“I don’t think the project can go forward” without addressing those concerns, he added later.

Being pessimistic, I wonder if they are genuinely concerned about things like privacy, or just don’t want the competition.

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AT&T Robocalls to Be Blocked in the 'Coming Months'

Andrew Orr ·

AT&T robocalls will be automatically blocked, the carrier announced. New customers have the service now, and existing customers will have it “in the coming months.”

AT&T’s Call Protect service does three things: it detects and blocks fraudulent calls entirely, flags telemarketers and spam calls as “Suspected Spam” when the phone rings, and allows you to maintain a personal block list to specifically block individual numbers.

It’s about damn time that carriers start using robocall-blocking technology. And I mean automatically; they all have their various blocking apps.

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Fight Climate Change, Get a Free Nomad Lightning Cable

Andrew Orr ·

Get a free Nomad Lightning cable when you donate to the company’s Carbon Fund fundraising event. The minimum donation is US$5, which the company will use to plant trees. This is a steal because the cable on offer is normally US$24.95.

Every dollar donated plants a tree in Acre, a region of Brazil, that is being devastated by deforestation. We want to try to reverse this. Every ten trees planted captures around one ton of C02. Learn more about the project.