Facebook's plans to issue its cryptocurrency, the Libra, as well as plans by other companies on the so-called stable coins cryptocurriencies, which would be pegged to stable assets, are now sparking major discussions and raising questions, Lithuanian Finance Minister Vilius Sapoka says.
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Facebook, Inc. is an American online social media and social networking service company based in Menlo Park, California. Its website was launched on February 4, 2004, by Mark Zuckerberg, along with fellow Harvard College students and roommates Eduardo Saverin, Andrew McCollum, Dustin Moskovitz and Chris Hughes.
Blockchain technology is going to change the world and potentially could have as big effect on our lives as birth of the Internet. Still, since it is relatively unknown, the perception of it is that this technology has been created to serve only the cryptocurrencies, let’s mention the Bitcoin. The L...
Lithuania's Communication Regulatory Authority received 1,069 reports of unlawful or harmful online content in the third quarter of this year, which is an increase by a factor of five year-on-year.
Unknown persons have hacked into Lithuanian Defense Minister Raimundas Karoblis' personal Facebook account and deleted it, the Defense Ministry said on Tuesday.
The Lithuanian Court of Appeals on Friday ruled to extradite Evaldas Rimašauskas, a Lithuanian national accused of swindling US tech giants Facebook and Google off 100 million US dollars via an email fraud scheme, to the United States.
The Lithuanian Court of Appeals on Tuesday heard an appeal filed by Evaldas Rimašauskas, a Lithuanian national accused of swindling US tech giants Facebook and Google via an email fraud scheme, against his extradition to the United States and should hand down a ruling later this week.
After thousands of Lithuanians responded on Facebook to the Moscow attempts to spread propaganda on post-war guerrilla in three Baltic states, Lithuania's Foreign Minister Linas Linkevičius said that the Russian attempts to interpret history was a constant phenomenon, adding that the civil initiativ...
A new survey by TNS Emor has revealed that Lithuanians' favourite brands are those of global internet giants.
Young people in Lithuania are not avid followers of news about their country and the world, a study has shown. Most rely on social media as their source of news.
International companies like Google are making deeper inroads into the economies of the Baltic states, but they still choose to pay taxes in European Union countries with more favourable tax conditions.
Arvydas Anušauskas, member of the Homeland Union-Lithuanian Christian Democrats (TS-LKD) group in the parliament, has addressed the Prosecutor General's Office over a seemingly separatist Facebook page. The MP has requested that prosecutors to identify the administrators of the account called Wilens...
As many as 3,000 users follow news and views from Lithuania on Facebook.
Social media is an important aspect in the lives of millions of people, daily. It may really have an unprecedented degree of impact on life as we know it, for better or worse. The opportunities social media brings are great and numerous, but beyond grumbling about communication skills deficiencies w...
Facebook remains the most popular social network in Lithuania, used by 68 percent of all internet users in the country. Forty-six percent say they use it every day, a survey reveals.