Mark Zuckerberg Claims Facebook Has Matured and Is Ready to Become More Socially-Responsible

2019-9-26 13:13

Coinspeaker
Mark Zuckerberg Claims Facebook Has Matured and Is Ready to Become More Socially-Responsible

Everybody is aware of the scandals that undermined trust in the social networking giant Facebook. According to Mark Zuckerberg, the company didn’t pay proper attention to protecting privacy, that’s why the company had to deal with the consequences of data leak and the spread of fake news. To fix this, Facebook’s CEO is all set to make everything, including Libra, right.

Speaking in an interview with Asia-based news outlet Nikkei, Mark Zuckerberg said:

“In the last few years, there are a lot of important social issues that Facebook and the other big internet companies are really at the center of in society.”

Now, when Facebook’s team is getting ready to launch their crypto project Libra, they are really focused on doing it in a proper way. Zuckerberg stated:

“A lot of people have had questions and concerns, and we’re committed to making sure that we work through all of those before moving forward. Obviously we want to move forward at some point soon [and] not have this take many years to roll out. But right now I’m really focused on making sure that we do this well.”

A couple of months before, when Libra’s was just presented, the currency faced disapproval from government regulators worldwide. France and Germany, for instance, decided to block the launch of Libra, explaining that this coin will undermine fiat currency systems.

Zuckerberg commented:

“Part of the approach and how we’ve changed is that now when we do things that are going to be very sensitive for society, we want to have a period where we can go out and talk about them and consult with people and get feedback and work through the issues before rolling them out.”

He added:

“And that’s a very different approach than what we might have taken five years ago. But I think it’s the right way for us to do this at the scale that we operate in. All these concerns around libra are serious. So I want to say this with a lot of clarity: In these conditions, we cannot authorize the development of libra on European soil,” he said.”

Libra co-creator David Marcus believes that Facebook’s Libra will not compete with fiat currencies to become a new monetary system, however, it can create a secondary system on top of existing currencies provided that governments approve the launch of the project. He said:

“Libra is designed to be a better payment network and system running on top of existing currencies, and delivering meaningful value to consumers all around the world. Libra will be backed 1:1 by a basket of strong currencies. This means that for any unit of Libra to exist, there must be the equivalent value in its reserve. As such there’s no new money creation, which will strictly remain the province of sovereign Nations.”

Libra is set to launch in 2020. The currency is promised to reduce the gap between the latest financial currency technology and traditional financial networks while lowering the charges for customers.

Updates for Oculus Quest VR Headsets

According to Zuckerberg, the company is focused on security in the case of virtual reality (VR) technologies as well. Many are concerned about the massive amounts of data VR systems can generate on users’ body and eye movements, however, according to Facebook’s CEO, the company’s privacy model for hardware like the Oculus Rift VR headset is different from the model for services, with much of the information stored on the device itself rather than online.

Mark Zuckerberg said:

“I think when you’re building devices, the expectations are just different. And we need to make sure that that’s appropriately locked down so that people can trust it.”

Further, he stated that VR technology can have a significant impact on our society:

“I think you’ll get to pick where you want to live and what kind of community you want to be in, but you’ll be able to access the kind of opportunities that you want anywhere. I do think that will have this profound equalizing effect on society and will be very important for the economy overall.”

Recently, Zuckerberg shared Facebook’s latest development in augmented and virtual reality. He said that the company’s Oculus virtual reality unit would have a feature that enables its Quest VR headsets to track people’s hands, so they don’t have to use controllers. This will be possible due to CTRL Labs, a startup recently bought by Facebook. The hand-tracking feature will be available in early 2020.

Moreover, in November, Oculus will also release a feature that will let Quest VR wireless headset owners connect their devices to gaming PCs with USB-C cables, which means users can access VR content developed for the Oculus Rift VR headset that requires a computer to function.

Mark Zuckerberg Claims Facebook Has Matured and Is Ready to Become More Socially-Responsible

Similar to Notcoin - Blum - Airdrops In 2024

origin »

MARK.SPACE (MRK) íà Currencies.ru

$ 0 (+0.32%)
Îáúåì 24H $0
Èçìåíåèÿ 24h: 11.75 %, 7d: 9.86 %
Cåãîäíÿ L: $0 - H: $0
Êàïèòàëèçàöèÿ $0 Rank 99999
Öåíà â ÷àñ íîâîñòè $ 0.0023892 (-100%)

facebook ready zuckerberg mark matured claims socially-responsible

facebook ready → Ðåçóëüòàòîâ: 39


China Planning to Launch its Government-Backed Digital Currency Before Facebook’s Libra

The central bank digital currency (CBDC) of China may come out sooner than expected as the “time is almost ripe,” reported China Daily on Tuesday. Last week, we reported Mu Changchun, deputy director of the People's Bank of China’s payments department saying that the government-backed digital currency is ready to be launched after five years […]

2019-8-20 19:12


Ôîòî:

Winklevoss Twins Open to Partner with Facebook Despite Old Disputes

Tyler and Cameron Winklevoss, the co-founders of crypto exchange Gemini, admitted in an interview with CNN that they were ready to partner with Facebook for the Libra project. Tyler and Cameron Winklevoss Believe in Libra On August 19, Winklevoss brothers told CNN’s Poppy Harlow that they would close their eyes to their rivalry with Facebook’s Mark Zuckerberg for Libra.

2019-8-20 17:42


Ôîòî:

Facebook data leak (yeah, another one) allegedly exposes passwords, likes, etc

Flip that board that says “It’s been _ days since we found a massive pile of unsecured Facebook data” right back to zero, and get ready to reset your passwords again just to be safe. Security researchers discovered hundreds of millions of records on publicly-accessible Amazon cloud servers — including names, passwords, comments, likes, and all the other stuff we should all just assume has already leaked at some point.

2019-4-4 00:23


Ôîòî:

A Social Media Giant and Cryptocurrency: What you Need to Know About Facebook’s Entry into the Cryptosphere

The rumor that Facebook is planning to enter crypto space is now an open secret; there are plenty of indications that now suggest the tech giant is ready to launch their coin in the near future; notably,  the company is rumored to be working with Telegram and Signal to start a digital currency for itsRead MoreRead More.

2019-3-18 18:00


Ôîòî:

Facebook’s new VR avatars are more lifelike than anything you’ve seen before

Remember when Facebook CEO Mark Zuckerberg tried to show off his company’s clunky Spaces VR tech by taking a virtual tour of hurricane-hit Puerto Rico in 2017? This is nothing like that. The company has quietly been developing a revolutionary system to create virtual avatars of people that closely resemble them in their facial features and mannerisms.

2019-3-14 16:47