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  1. PayPal drops out of Libra, Facebook's payments project

    Associated Press via Yahoo FinanceOct 04 21:41 PM

    The digital payments company said Friday it is withdrawing from the Libra Association so it can focus on its existing businesses. "Facebook has been a longstanding and valued strategic ...

  2. Facebook Inc's ambitious efforts to establish a global digital currency called Libra suffered severe setbacks on Friday, as major payment companies including Mastercard and Visa ...

  3. payments processor PayPal Holdings Inc said on Friday it was leaving Libra Association, the entity managing the Facebook-led effort to build global digital currency Libra ...

  4. The two companies announced they would leave the association Friday afternoon, as did EBay Inc, Stripe Inc. and Latin American payments company Mercado Pago. They join PayPal ...

  5. Facebook's Libra announces board as support shrinks further

    Reuters via Yahoo FinanceOct 14 9:55 AM

    LONDON/SAN FRANCISCO (Reuters) - Backers of Facebook Inc's Libra cryptocurrency project pledged to forge ahead after selecting a five-member board on Monday, shrugging...defection ...

  6. Facebook's Libra Loses Mastercard, Visa in Cascade of Exits

    Bloomberg via Yahoo FinanceOct 11 23:25 PM

    When Facebook launched plans for Libra in June, a critical part of its pitch was that major players in the payments and tech industry were supporting it.

  7. LONDON/SAN FRANCISCO, Oct 14 (Reuters) - Backers of Facebook Inc's Libra cryptocurrency project pledged to forge ahead after selecting a five-member board on Monday, shrugging.

  8. Facebook chief executive Mark Zuckerberg will testify before the U.S. House Financial Services Committee on Oct. 23 as the social media company faces growing scrutiny from U.S. lawmakers ...

  9. Facebook Inc, whose digital currency project Libra has been abandoned by several high-profile partners including PayPal, Visa and Mastercard, still expects to get 100 banks and ...

  10. The Upside to Facebook’s Libra Disaster

    Bloomberg via Yahoo FinanceOct 15 4:00 AM

    If Facebook really wants to bring financial services to the “unbanked,” it should try doing it on a smaller scale than these companies’ presence promised. It’s clear why PayPal Holdings ...