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-0.00224157254935775 -0.00146564358996467 -0.00250021553582211 -0.00224157254935775 -0.00224157254935775 0.0135356496249676 0.018191223381326 0.0203465816018622
Stock impact report

Libra Compromises Undermine Original Facebook Promise [Forbes]

International Business Machines Corporation (IBM) 
Last international business machines corporation earnings: 4/20 04:08 pm Check Earnings Report
US:NYSE Investor Relations: ibm.com/investor
Company Research Source: Forbes
The libra cryptocurrency originally conceived by Facebook has undergone some dramatic changes in the... [+]fight to win regulatory approval.Kay Nietfeld / Getty ImagesThe libra cryptocurrency, conceived by Facebook as a new way to connect the world’s unbanked to global finance, is well on its way to regulatory approval, having announced the formal beginning of its license application today. After all, Facebook’s CEO, and the seventh richest man in the world, swore under oath it wouldn’t go forward without permission from the world’s regulators. The problem is, a new version of those plansreleasedtoday only vaguely resembles the original, controversial, effort. In fact, it looks more like the system we already have, but run by the non-profit Libra Association, with members including Facebook, Uber, and a hodgepodge of mostly U.S. tech companies and investors.The gist of the changes are two-fold. First, in addition to a single basket of multiple currencies, including U.S. dollars and Br Show less Read more
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