Facebook is planning on creating its own cryptocurrency and this would allow users around the world to make electronic payments, according to a latest report from Cheddar. Furthermore, the company is also said to have started its research on blockchain almost a year ago and its corporate development team, lead by Morgan Beller began looking at how the social platform could use the emerging technology. Continue reading “Facebook said to be planning to launch its own cryptocurrency”
With an aim to accelerate the path from AI research to production, Facebook today announced a new version of its open-source AI framework, PyTorch 1.0. With new framework, AI developers can seamlessly transition between a flexible, immediate execution mode for research. Continue reading “Facebook launches PyTorch 1.0 open-source AI framework for developers”
Facebook’s smart speaker has been in the news for quite some time now, the company actually planned to launch it at the F8 event but backed out after the privacy concerns. Now it is said that the company will first launch the smart speaker in the international markets first to avoid U.S. public scrutiny of data privacy issues. Continue reading “Facebook smart speaker said to launch in international markets first, might come with ‘M’ smart assistant”
At the Facebook F8 event, the company has made some significant announcements to its products. One of them is the new ‘Clear History’ tool to delete browsing history amidst the privacy concerns. Continue reading “Facebook introduces ‘Clear History’ tool to delete browsing history, Dating service; WhatsApp to get group calling and stickers”
Facebook at the F8 event has introduced a bunch of new features to its Messenger platform. It now brings the ability for brands to incorporate augmented reality into their Messenger experiences and also adds Spanish translations so that buyers and sellers in Marketplace can communicate across languages with M suggestions for translations. Continue reading “Facebook Messenger for brands gets AR camera effects, Spanish translations”
Brian Acton who co-founded WhatsApp with Jan Koum in 2009 left the company back in September last year. Today WhatsApp CEO Jan Koum has announced that he is leaving the company. The popular messaging app was then acquired by Facebook for $19 billion in 2014. WhatsApp crossed 1 billion daily active user milestone last year. Continue reading “WhatsApp CEO and co-founder Jan Koum is leaving Facebook”
Messenger Kids is Facebook chat application for children aged six to 12 and today the company is now rolling out a new sleep mode parent control. This feature brings more control to parents for how long their kids can spend using the app. Continue reading “Facebook Messenger Kids gets new sleep mode parent control”
Facebook has revealed financial results for Q1 2018. The company has generated a total revenue of $4,988 million, an increase of 63% year-over-year. It has reported the quarterly GAAP net income at $11,666 million compared to the $8,032 million same quarter last year. The GAAP diluted EPS was reported at $1.69 compared to the $1.04 in 2017. Continue reading “Facebook reports $4.9 billion net income in Q1 2018, up 63% YoY; 2.20 billion monthly active users”
Facebook today has published ‘internal enforcement guidelines to better help users in understanding where it draws the line on nuanced issues. It is also hoping that publishing ‘internal enforcement guidelines will help experts in different fields to give feedback so that the company can improve the standards. Continue reading “Facebook publishes ‘internal enforcement guidelines’, expands its appeal process”
Facebook today has detailed on its approach towards terrorism on its platform. The company says that it defines terrorism as any non-governmental organization that engages in premeditated acts of violence, government, or international organization in order to achieve a political, religious, or ideological aim. Continue reading “Facebook removed 1.9 million terrorism content in Q1 2018, vows to improve the platform”
Facebook is said to be forming team internally to design its own chipsets following the trend of limiting the dependency on chipmakers such as Intel Corp. and Qualcomm Inc. Facebook is also looking into hiring a manager to build an “end-to-end SoC/ASIC, firmware and driver development organization, according to a latest report from Bloomberg. Continue reading “Facebook reportedly forming team to design its own chipsets”
According to a latest report , Facebook is testing Messenger payments in India. Furthermore, Facebook is also said to be quietly working on building a payments platform, which is independent of WhatsApp payments. Continue reading “Facebook said to be beta testing Payments in Messenger in India”
Facebook today has announced a new ‘Data Abuse Bounty’ program to reward people who report any misuse of data by app developers. Facebook aims to quickly uncover potential abuse of users information and it says that the new Data Abuse Bounty is inspired by the existing bug bounty program that we use to uncover and address security issues. Continue reading “Facebook announces ‘Data Abuse Bounty’ program with up to $40,000 rewards”
After retracting messages sent by Mark Zuckerberg from the recipients’ inboxes, Facebook confirmed that it would soon let everyone unsend messages and is already considering how to build this product. However, the ability won’t be coming anytime and might take several months. The company also clarified that it would no longer retract messages of executives until the feature is available to everyone. Continue reading “Facebook to eventually allow everyone to unsend messages”
Facebook today is updating its terms and Data Policy to make it clear for users about the service. Facebook is updating its data policy to let users know about the data it collects, and it uses the same on its platforms like Instagram, Messenger, and other products. Continue reading “Facebook updates its terms of service and data policy to make it easier to understand”
