Bitcoin Plummets 18% as SEC Rejects Winklevoss ETF Proposal

Bitcoin’s price plummeted after U.S. regulators rejected a proposal by the Winklevoss twins for a publicly traded fund based on the digital currency, dashing hopes that a government-approved investment vehicle would lead to wider interest in virtual money. The Securities and Exchange Commission refused to grant an exemption that would have let the Winklevoss Bitcoin Trust trade on the Bats BZX Exchange, according to a filing posted Friday on the regulator’s website.

Should we fear the future of Facebook?

Mark Zuckerberg, chairman and CEO of Facebook, speaks at the CEO summit during the annual Asia Pacific Economic Cooperation forum in Lima, Peru, on Nov. 19, 2016. Zuckerberg hopes the platform can help its users become better informed and engaged in local and global politics.

Facebook vs. Apple: Whose Reality Will Win?

One of the most promising trends on the horizon that has arguably the most transformative potential is virtual/augmented reality . How these technologies emerge and subsequently affect our lives remains to be seen, but companies are already placing their bets accordingly.

This activist group is trying to oust Mark Zuckerberg as Facebook’s chairman

Mark Zuckerberg should give up some of his control over Facebook by relinquishing his position as chairman of the board, according to a new proposal by a consumer watchdog group and a few shareholders. The proposal , led by SumOfUs, claims that Facebook’s future success requires “a balance of power between the CEO and the board,” and that without a chairman who is independent of the company, Facebook could act without repercussions against investors.

Facebook CEO Zuckerberg reconsiders process to get land

The billionaire chief executive officer of Facebook on Tuesday said he is reconsidering the process by which he is trying to gain title to about a dozen small parcels of land on his sprawling estate in Hawaii. The move to get the land through a unique Hawaii law angered locals and prompted a state lawmaker to propose a bill that would force Mark Zuckerberg into mediation before buying real estate on Kauai.

“Valley Of The Gods” Recounts The Wild Ride Of Peter Thiel’s Fellows

In a Q&A, author Alexandra Wolfe follows the lucky 20 who dropped out of college and were given $100,000 to become tech entrepreneurs. Back in 2011, the legendary PayPal founder and Silicon Valley investor launched an initiative he’d been thinking about for years-encouraging brilliant young students with a genius idea to skip college and start a company and maybe become the next Mark Zuckerberg or Elon Musk.

Facebook is working on a way to read brain waves that could…

Facebook is working on a way to read brain waves that could let your send your thoughts to people Mark Zuckerberg’s dream of gadgets that let humans read each other’s thoughts and communicate with brain waves may be moving closer to reality. A secretive new research division that Facebook created last year is developing “brain-computer interface” technology that sounds a lot like the telepathy of science fiction movies.

Obama Alum David Plouffe Joins Zuckerberg’s Philanthropic Group

David Plouffe, President Barack Obama’s former campaign manager, will lead policy and advocacy for the Chan Zuckerberg Initiative, the philanthropic organization created by Facebook Chief Executive Officer Mark Zuckerberg and his wife, Priscilla Chan. Plouffe, who has been a full-time adviser for Uber Technologies Inc., will step away from his day-to-day duties, but he’ll remain a non-voting Uber board member, the ride-hailing company said.

Why Asia-Pacific Is About to Be Huge for Facebook

Not only is the U.S./Canada Facebook’s largest market by revenue, its average revenue per user is growing faster than any other region. But that trend may change as Facebook looks to grow its advertising on Instagram and start monetizing Messenger and WhatsApp.