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Facebook’s cryptocurrency ambitions face privacy concerns, political backlash

2 hours ago DieselGasoil Comments Off on Facebook’s cryptocurrency ambitions face privacy concerns, political backlash
SAN FRANCISCO/NEW YORK (Reuters) – Facebook Inc announced ambitious plans on Tuesday to launch a new global cryptocurrency called Libra, part of an effort to expand into digital payments that immediately raised privacy concerns. The social networking giant has linked with 28 partners including Mastercard, PayPal and Uber to form Libra Association, a Geneva-based entity Read More

Facebook reveals Libra cryptocurrency, sparking new privacy concerns

5 hours ago DieselGasoil Comments Off on Facebook reveals Libra cryptocurrency, sparking new privacy concerns
SAN FRANCISCO/NEW YORK (Reuters) – Facebook Inc announced ambitious plans on Tuesday to launch a new global cryptocurrency called Libra, part of an effort to expand into digital payments that immediately raised privacy concerns. The social networking giant has linked with 28 partners including Mastercard, PayPal and Uber to form Libra Association, a Geneva-based entity Read More

Facebook takes aim at e-commerce with Libra cryptocurrency

8 hours ago DieselGasoil Comments Off on Facebook takes aim at e-commerce with Libra cryptocurrency
SAN FRANCISCO/NEW YORK (Reuters) – Facebook plans to launch a cryptocurrency called Libra next year as part of its wider efforts to expand beyond social networking into e-commerce and global payments. FILE PHOTO: A Facebook panel is seen during the Cannes Lions International Festival of Creativity, in Cannes, France, June 20, 2018. REUTERS/Eric Gaillard/File Photo Read More

Facebook reveals Libra cryptocurrency, with lofty goals

14 hours ago DieselGasoil Comments Off on Facebook reveals Libra cryptocurrency, with lofty goals
SAN FRANCISCO/NEW YORK (Reuters) – Facebook Inc revealed plans on Tuesday to launch a cryptocurrency called Libra, the latest development in its effort to expand beyond social networking and move into e-commerce and global payments. FILE PHOTO: A Facebook panel is seen during the Cannes Lions International Festival of Creativity, in Cannes, France, June 20, Read More

GE poised for significant power orders in Iraq after U.S. push -sources

4 days ago DieselGasoil Comments Off on GE poised for significant power orders in Iraq after U.S. push -sources
NEW YORK/BAGHDAD/WASHINGTON (Reuters) – General Electric Co potentially stands to win a large share of multibillion-dollar contracts to rebuild Iraq’s electricity system, reflecting a change in how Iraq intends to award the work after the United States lobbied for GE, according to sources familiar with the matter. FILE PHOTO: The General Electric logo is pictured Read More

Jordan Peterson’s radical ‘anti-censorship’ platform promises free speech – but can it deliver?

4 days ago DieselGasoil Comments Off on Jordan Peterson’s radical ‘anti-censorship’ platform promises free speech – but can it deliver?
Controversial psychologist and author Jordan Peterson has launched a new “anti-censorship” social media platform that promises to be an alternative to Facebook and Twitter, but what exactly is it – and could it really work? Thinkspot, a subscription-based service, is meant to be a radical alternative to the major social media platforms and, Peterson told Read More

VW and Ford close to deal on self-driving and electric cars: VW

5 days ago DieselGasoil Comments Off on VW and Ford close to deal on self-driving and electric cars: VW
HAMBURG (Reuters) – Volkswagen and Ford are close to reaching a deal on a partnership for developing self-driving and electric cars, the German carmaker’s chief executive said on Thursday. FILE PHOTO: The logo of Volkswagen carmaker is seen at the entrance of a showroom in Nice, France, April 8, 2019. REUTERS/Eric Gaillard/File Photo Volkswagen and Read More

Texas South Energy provides update on Wilinda project

5 days ago DieselGasoil Comments Off on Texas South Energy provides update on Wilinda project
6/13/2019 HOUSTON — Texas South Energy, Inc., has announced that it has temporarily discontinued flowback operations on the TXSO Richter 1H well in Wilson County. The Richter 1H well was drilled to 9,447 ft, with approximately a 4,100-ft horizontal lateral. The well was designed to develop the matrix porosity section near the top of the Read More

China chip industry insiders voice caution on catch-up efforts

5 days ago DieselGasoil Comments Off on China chip industry insiders voice caution on catch-up efforts
SHANGHAI/HONG KONG (Reuters) – Since the U.S. government put Huawei Technologies Co Ltd on a trade blacklist, effectively banning American firms from doing business with it, China’s leaders have spoken boldly about achieving self-sufficiency in the critical semiconductor business. FILE PHOTO: Hi1710 BMC management chip is seen on a Kunpeng 920 chipset designed by Huawei’s Read More

New wells boost Wyoming oil production to highest level in 25 years

2 weeks ago DieselGasoil Comments Off on New wells boost Wyoming oil production to highest level in 25 years
6/6/2019 LARAMIE — The Wyoming State Geological Survey (WSGS) completed its 2019 update to the Interactive Oil and Gas Map of Wyoming. The updates are done annually to redefine the spatial extent of oil and gas fields by incorporating new wells drilled in the state during the previous year. In Wyoming, wells are permitted either Read More