Facebooks new currency: Libra

Mark Zuckerberg is proposing a new form of currency named “Libra”. He testified in front of the House Financial Services Committee who were critical of the idea. Zuckerberg says that the currency will be an innovative new way to do business in facebook.

I watched a broadcast story from Velshi and Ruhle on the epic along with reading an article from CNN writer by business writer by Clare Duffy and Brian Fung.

Although the newscast was longer in length, nearly six minutes, it did not go into the specifics as to what “Libra” is. The newscast showed clips of Zuckerberg testifying and being questioned by chairman Maxine Watters. The clips focused more on what facebook had done in the past and its not factual ads. The story then went on to get the opinions of a Washington Post reporter and a NYU marketing professor.

On the other hand the article focused more on what “Libra” is and how it would work. The article briefly touched on the controversy around facebook and its past with the election scandal. The article ended by going into serious detail of what “libra” is and how it would work as a new form of currency.

The media that was used was also a little different. On the newscast the graphics were telling as to what was going on in the clips and who was talking. Something that I did want to note about the news cast was that feedback could be heard in the audio from Stephanie Ruhle.

The article had pictures, along with links to other related articles. There was also footage of the testimony from Zuckerberg at the top of the screen.

Article: https://www.cnn.com/2019/10/23/tech/mark-zuckerberg-facebook-libra-hearing/index.html

Newscast: https://www.msnbc.com/velshi-ruhle/watch/mark-zuckerberg-testifies-on-facebook-cryptocurrency-71906373888

One thought on “Facebooks new currency: Libra

  1. I’m not familiar with Velshi and Ruhle. It’s not a newscast. It’s more analysis. That’s going to make a big difference. People sitting at a desk discussing stuff, usually from a specific perspective.

    The CNN article is more news, using expert sources to describe and discuss.

Leave a Reply

Your email address will not be published.