"I want to be absolutely clear: in these conditions, we cannot authorise the development of Libra on European soil," Bruno Le Maire said at the opening of an OECD conference on virtual, cryptocurrencies.
Countering richest Indian Mukesh Ambani, Facebook Inc on Thursday said data is not the new oil, and countries like India should allow its free flow across borders instead of attempting to hoard it as a finite commodity within national boundaries.
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An unidentified person has been booked for allegedly creating a fake Facebook profile of former cricketer Sandeep Patil and trying to seek through it phone numbers of well-known personalities, police said on Tuesday.
In addition to paying the record USD 5 billion in penalty, Facebook has also agreed to submit itself to new restrictions and a modified corporate structure that will hold the company accountable for the decisions it makes about its users' privacy.
Various users trolled this superstar for making such gestures. They commented, "Salman Khan is mulsim, why did he do this.....
Mnuchin said US regulators have already expressed concerns to Facebook about the plan for a global cryptocurrency, noting that these kinds of virtual coins have in the past been associated with money laundering and illicit activities.
The outlook was more optimistic at the Center for Democracy and Technology, whose president Nuala O'Connor said the fine underscored the importance of "data stewardship" in the digital age.