The Week in Tech: Facebook's Crypto Dream Faces Deep Mistrust

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The Week in Tech: Facebook's Crypto Dream Faces Deep Mistrust

Each week, we review the week’s news, offering analysis about the most important developments in the tech industry. Want this newsletter in your inbox? Sign up here. Hi, I’m Jamie Condliffe. Greetings from London. Here’s a look at the week’s tech news:.
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Bookkeeper Accused of Stealing $330K From California School

TEMECULA, Calif. (AP) — A bookkeeper who worked at a Southern California high school for nearly three decades is suspected of stealing more than
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Funko initiated at buy at DA Davidson as nine-year-long growth streak continues

Analysts at D.A. Davidson have initiated toy and collectibles company Funko Inc. FNKO, +2.52% at buy with a $29 price target, citing the nine-year-long growth streak for the Pop! Vinyl figures, which account for 65% of the company’s sales. The toys are still …
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Facebook's Libra digital currency may force Washington to clarify crypto policy

Facebook Inc.’s decision to create its own digital money — with the grandiose ambition of establishing an alternative global financial system — is jump-starting a long-simmering debate in Washington over how to regulate cryptocurrency. For years, U.S. …
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Will Bank Overdraft Fees Spread Again? Consumer Agency Is Reviewing the Rule

Are more $35 cups of coffee on the horizon? The Consumer Financial Protection Bureau has opened a review of the decade-old federal “overdraft rule,” which regulates how banks charge fees when their customers spend more than what is in their checking …
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