🇸🇻 El Salvador may launch a government-backed stable coin

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Apple Removes a Fake Review Spotter App from iOS App Store on Amazon’s Complaint 

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Fakespot, a popular app to spot fake reviews on Amazon, was removed from the Apple app store on Friday. 

Apple issued a statement confirming that they, indeed, removed Fakespot from their app store after Amazon submitted a complaint about it.

An Apple spokesperson said that even after receiving an official complaint from Amazon about Fakespot, Apple gave enough time to both parties to sort things out.

Issuing a statement after removing the Fakespot app from the iOS store, Apple said:

"This was a dispute over intellectual property rights initiated by Amazon on June 8 and within hours we ensured both parties were in contact with one another, explaining the issue and steps for the developer to take to keep their app on the store and giving them ample time to resolve the issue." 

When it comes to the founder and CEO of Fakespot, Saoud Khalifah, he believes that Apple could have handled the issue differently.

He says that all responses sent from Apple have been mundane robotic emails.

"Apple is claiming that they gave us a notice that they are going to take us down, but these are all template emails that seem to be from a robot." 

Amazon went on defensive mode after the news about Apple removing Fakespot based on their complaint became public, saying:

"The app in question provides customers with misleading information about our sellers and their products, harms our sellers' businesses, and creates potential security risks." 

Facebook Goes on Offensive After President Biden Blames it for Vaccine Misinformation 

The social media giant has gone on the offensive against the US government after Biden said that Facebook is killing people by letting vaccine conspiracy theories spread on its platform.

Answering a question on Facebook’s role in spreading misinformation about vaccines, Biden said that "they're killing people" as the platform is doing nothing to prevent the spreading of the vaccine misinformation.

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A day before Biden's comment on Facebook, the White House noted that they are in contact with all social media platforms to keep them apprised about narratives that can put public health in danger.

Speaking on Biden's accusations, a Facebook spokesperson told ABC News that it "will not be distracted by accusations which aren't supported by the facts."

The social media giant also released an official response titled "Moving Past the Finger Pointing." It mentioned:

"At a time when COVID-19 cases are rising in America, the Biden administration has chosen to blame a handful of American social media companies. While social media plays an important role in society, it is clear that we need a whole of society approach to end this pandemic. And facts - not allegations - should help inform that effort. The fact is that vaccine acceptance among Facebook users in the US has increased. These and other facts tell a very different story to the one promoted by the administration in recent days."

Website Change Monitoring Service Startup, Visualping, Raises Six Million Dollars 

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Recently, the Vancouver-based Visualping raised $6 million, taking its total funding to $8 million, which includes $2 million in seed funding.

Visualping is a startup that allows its users to monitor changes made to a website like different updates. 

The website change monitoring startup is also a part of the Canadian class of Google for Startups Accelerator, which focuses on companies leveraging machine studying and artificial intelligence.

Serge Salager, Visualping founder & CEO, said that they plan to use the funds to develop their product further and expand their business.

El Salvador may Launch a Government-Backed Stablecoin 

On Friday, El Faro, a Latin American digital newspaper, reported that El Salvador is planning to launch a native cryptocurrency. 

Consumers will be able to use El Salvador's native currency to pay for products and services.

The news about El Salvador launching a cryptocurrency came from none other than the brothers of Nayib Bukele, El Salvador's president.

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Ibrahim and Yusef Bukele told a group of investors that the Colon dollar, the alleged name of the cryptocurrency, will be launched by the end of 2021. 

The report also disclosed that Ibrahim and Yusef Bukele told the investors that they represent the government. 

Reportedly, El Faro has obtained documents to prove their claims. 

The official spokesperson of the El Salvadorean government told El Faro that the plans about launching a government-backed cryptocurrency have been discarded.

But, an unidentified source told El Faro that the government's plans are still on track.

The relationship between El Salvador and the cryptocurrency space isn't new.

After all, El Salvador and its president made news worldwide in September after becoming the first sovereign country to approve Bitcoin as a legal tender.


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