Facebook Urged to Place Libra Cryptocurrency Initiative on Hold

U.S. House Financial Services Committee Chairwoman Maxine Waters wants Facebook to solve a plethora of other issues before it entertains developing the Libra cryptocurrency. Bloomberg Skift Take: If the Facebook-inspired Libra cryptocurrency were ever to be one of the solutions travel and other companies might deploy to resolve global payment issues, they might want to … [Read more…]

Google to Congress: We’re Not a Travel Monopoly

A Google exec argued that travelers begin their travel searches on specialist websites, and not with Google. Robert Scoble / Visualhunt Skift Take: Travelers indeed shop all over the place when they are doing trip-planning. But to downplay Google’s dominant role, as an exec did Tuesday, when travel brands are spending billions of dollars annually … [Read more…]