Facebook has announced Facebook’s new cryptocurrency Libra, along with Facebook’s crypto wallet Calibra, and it’s that cryptowallet that may be the bigger consumer news. Is Facebook trying to become a cryptobank?
The Detroit News and Detroit Free press have conceded defeat to the Internet, and are cutting home delivery of the print version of their newspapers to just three days a week, and supplementing them by emailing a digital version to subscribers instead. “The dynamics of delivering information to audiences has changed forever due to technology,” said David Hunke, publisher of the Detroit Free Press. “We’re fighting for our survival.”