Facebook Q3 2019 earnings report released, Mark Zuckerberg confirms political ads will continue

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Facebook has released their quarterly earnings report for Q3 2019. The company has posted a 29% year-on-year growth in total revenue, split between 28% from advertising and 42% from Payments and other fees. Mark Zuckerberg, Facebook’s CEO, also explained in a post how they will not ban political advertising on the platform while the company believes in defending free expression.

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Facebook is testing dedicated Facebook News feed

Facebook has announced that it has started testing Facebook News in the US, giving people more control over the stories they see, and the ability to explore a wider range of their news interests, directly within the Facebook app. “It also highlights the most relevant national stories of the day, said the company. Facebook News articles will continue to appear in News Feed as they do today. Continue reading “Facebook is testing dedicated Facebook News feed”

Instagram testing new ‘Threads’ messaging app to rival Snapchat

Facebook has been introducing new features recently on its platform and also been testing new features in WhatsApp, Instagram etc. Similarly, now according to new reports, Facebook is working on a new messaging app called ‘Threads’ to take on Snapchat.

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Facebook renames groups privacy settings; adds admin tools for safety

Facebook introduced new features at the F8 event earlier this year including a refreshed design, new tools for Groups and more. On similar lines, Facebook has now announced that they are rolling out a new simplified privacy model for Groups and bringing clarity about the privacy settings for their groups.

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Facebook is testing dark mode for mobile

Earlier this year at the F8 2019, Facebook introduced several new features to its platform including ‘FB5’, a fresh new design which is simpler, faster and more immersive than ever before. On similar lines, according to a new report, Facebook is reportedly testing a dark mode for mobile and is said to be in an early stage of development.

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Facebook fined $5 billion by US Federal Trade Commission for privacy violations, brings rigorous new privacy standards

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The US Federal Trade Commission has fined Facebook a whopping $US 5 billion for violating a 2012 FTC order on consumers’ privacy. It is is the largest ever imposed on any company for privacy violations and almost 20 times greater than the largest privacy or data security penalty ever imposed worldwide.

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Facebook to launch Libra cryptocurrency in 2020

Facebook just announced its plans to launch Libra, a new global currency powered by blockchain technology in 2020. It will be available as a standalone app and also support payments in Messenger and WhatsApp. Facebook subsidiary Calibra digital wallet will let you send Libra to others using an app instantly. It will eventually introduce several services such as paying bills instantly, scan a code to buy things and use it to pay for local public transit.

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Facebook’s new Study program will pay you in exchange for your data: Everything you need to know

When it comes to business, good and thorough market research helps the company to build a sustainable business. According to the recent development, Facebook is relaunching its paid market research program called “Study” exclusive to the Android platform at present. Continue reading “Facebook’s new Study program will pay you in exchange for your data: Everything you need to know”

Facebook said to launch its ‘GlobalCoin’ cryptocurrency in 2020

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According to fresh reports, Facebook is said to launch its cryptocurrency in 12 countries next year. It has been referred to internally as ‘GlobalCoin’, and the company plans to start testing its cryptocurrency by end of this year finally set up a digital payments system in the first quarter of 2020.

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Instagram adds support for landscape video on IGTV

Facebook-owned Instagram, last year, launched IGTV standalone application for watching long-form, vertical video from your favorite Instagram creators within the Instagram app. Now, Instagram is bringing changes to IGTV as it adds support for landscape videos alongside vertical videos.

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WhatsApp said to be working on option to share Status to Facebook Story and QR Code feature

Instagram already has an option to automatically share story to your Facebook story. Now WhatsApp is said to be testing “Add to Facebook Story” feature to share WhatsApp Status with images, videos, GIFs and text to Facebook Story. Unlike Instagram, this is not automatic, and has to be shared manually.

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FMS19: WhatsApp Status to get Ads in 2020, Richer messaging format for WhatsApp for Businesses and more

Facebook-owned WhatsApp has been getting new features recently like new privacy settings, Business catalog, Checkpoint TipLine and more. Now, at the ongoing Facebook Marketing Summit (FMS) 2019, Facebook has announced that WhatsApp will be getting Status Ads in 2020 and will bring changes to Business and product catalog.

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Instagram to block hashtags from search related to anti-vaccination misinformation

Instagram on Thursday said that it will block search results for hashtags that return false information to discourage people from getting vaccinated. Facebook-owned, Instagram announced this at an event for press in San Francisco. Continue reading “Instagram to block hashtags from search related to anti-vaccination misinformation”