Mobile

Facebook is leaning on fears of China exporting its authoritarian social values to counter arguments that it should be broken up or slowed down. Its top executives have each claimed that if the U.S. limits its size, blocks its acquisitions, or bans its cryptocurrency, Chinese company’s absent these restrictions will win abroad, bringing more power
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Facebook will only build its own Calibra cryptocurrency wallet into Messenger and Whatsapp, and will refuse to embed competing wallets, the head of Calibra David Marcus told the Senate Banking Committee today. Calibra will be interoperable so users can send money back and forth with other wallets, and Marcus committed to data portability so users
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Private equity firm Blackstone just announced that it has reached an agreement to acquire mobile advertising company Vungle. The companies aren’t disclosing the financial terms, but as part of the transaction, Vungle has also reached a settlement with founder Zain Jaffer, who filed a wrongful termination lawsuit against the company earlier this year. “As a
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The head of Facebook’s blockchain subsidiary Calibra David Marcus has released his prepared testimony before congress for tomorrow and Wednesday, explaining that the Libra Association will be regulated by the Swiss government since that’s where it’s headquartered. Meanwhile, he says the Libra Association and Facebook’s Calibra wallet intend to comply will all US tax, anti-money
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Facebook provided TechCrunch with new information on how its cryptocurrency will stay legal amidst allegations from President Trump that Libra could facilitate “unlawful behavior”. Facebook and Libra Association executives tell me they expect Libra will incur sales tax and capital gains taxes. They confirmed that Facebook is also in talks with local convenience stores and
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European fintech startup N26 is now accepting customers in the U.S. The company is launching a bank account with a debit card that should provide a better experience compared to traditional retail banks. If you’re familiar with N26, the product that is going live today won’t surprise you much. Customers in the U.S. can download
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Alphabet’s Waymo autonomous driving company announced a new milestone at TechCrunch Sessions: Mobility on Wednesday: 10 billion miles driving in simulation. This is a significant achievement for the company, because all those simulated miles on the road for its self-driving software add up to considerable training experience. Waymo also probably has the most experience when
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Fintech startup Bunq is announcing a handful of new features today, such as a way to track group expenses without creating a joint account, a web app and better Siri integration. If you usually track vacation expenses and group expenses from your phone, chances are you’ve been using two different products — a mobile app
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Nintendo’s latest mobile game is now available for iOS devices, a day before its official target launch date. The game is based on the Nintendo game created in 1990 for the NES and Game Boy, and re-released/re-made a bunch of times over the years for various Nintendo consoles. Dr. Mario World, the iOS game available
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