The US Federal Reserve System has added its voice to the chorus of doubts raised by lawmakers, politicians and others worldwide about Facebook’s newly announced cryptocurrency, Libra. While speaking to House lawmakers Wednesday, Federal Reserve Chairman Jerome Powell said the US central bank has “serious concerns” about Libra, The Wall Street Journal reported. Facebook last month unveiled …

Android Q Beta 5 has launched, with Google including gestural navigation updates, so you can swipe from the corners to get Google Assistant. The fifth beta, launched Wednesday, is “very close” to what we’ll see in the final release, Dave Burke, Android vice president of engineering, said in a blog post. Google will be launching Android Q later this summer, …

AT&T’s super speedy 5G network is coming to the MGM Resorts NBA Summer League in Las Vegas this month, the carrier said Wednesday. AT&T will work with the NBA to use 5G to stream video at games on July 10 and 11. 5G, the next-generation mobile technology, provides faster speeds, more capacity and lower latency (the time it takes a …

Facebook’s newly announced cryptocurrency Libra is facing more pushback, this time reportedly from the Indian government. India, the third-largest economy in Asia, is considering not allowing the currency to be traded at all, according to a Bloomberg report Monday. In April 2018, all entities regulated by the Reserve Bank of India were banned from dealing in cryptocurrencies and virtual coins, although …

T-Mobile has unveiled its new Revvl budget smartphones, the Revvlry and Revvlry+, which are set to launch July 19. Touting the phones as having “flagship features without the flagship price,” T-Mobile will be charging $8.34 per month, with zero down, for the Revvlry, and $14 down plus $14 a month for the Revvlry+ on 24-month contracts. The phones, announced Tuesday, …

Microsoft has denied that it’ll be moving production of its tech products out of China, following a report that the rising US-China trade tensions had spurred the potential move. Last week, the Nikkei Asian Review said Microsoft, along with Amazon, Google, Hewlett-Packard, Dell, Sony, Nintendo, Asus and Lenovo, would start manufacturing products in other Asian countries such as Taiwan, Vietnam, Indonesia …

The US Federal Communications Commission will be deciding next month whether to expand 911 location tracking to other calling platforms such as VoIP. FCC Chairman Ajit Pai said Tuesday that street address, floor number and suite number should be conveyed via all emergency calls. Pai has produced draft rules that would see “dispatchable location” information provided to emergency responders “regardless of the technological …

A lot of online retailers are betting Amazon will crash on Prime Day, anonymous workplace social network app Blind has reported. After running a two-day survey last week that saw 4,222 people answer on its app, Blind said eBay employees responded in the affirmative 60% of the time. Meanwhile, 47% of Walmart employees said it would crash, 42% of Wayfair …

Federal Communications Commission Chairman Ajit Pai has proposed another set of robocall rules, this time to ban malicious calls that spoof caller IDs in text messages and international calls. The FCC will vote on the anti-spoofing rules on  Aug. 1, and they already have the support of more than 40 state attorneys general, Pai said Monday. These new rules would …

The UK’s Competition and Markets Authority has kicked off a probe into digital advertising and online platforms. Its examination will focus on Facebook and Google in particular, the agency said Wednesday.  A similar study in Europe resulted in Google being hit with a $1.7 billion fine in March for “abusive” online ad practices. The European Commission had said Google was exploiting its …