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6Dec By Press Trust of IndiaNo Comments

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Facebook sets up SME Council in India

Social media giant Facebook, which has over two million Indian small and medium businesses (SMBs) on its platform, has set up a SME Council to help small ventures from various industries share feedback and discuss ideas around leveraging technology to grow their enterprise. This is the second SME Council set up by Facebook globally, the first one being in the US. Over 45 million small businesses actively use Facebook Pages to connect to their consumers. "Small businesses are the backbone of India's economy. From kirana stores to restaurants and online clothing sites, these businesses drive economic growth, create new jobs and enrich the lives of people across the country," Facebook India Managing Director Kirthiga Reddy told PTI. Facebook is focussed on helping people connect, i...

Meet The Richest Man in Asia, Also An Investor in Facebook

5Dec By NitishNo Comments

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Meet The Richest Man in Asia, Also An Investor in Facebook

Li Ka-shing the richest man in Asia was born in 1928, Chaozhou in China's Guangdong Province to a school-principal father. In 1940 With the Japanese invading, his father packs up the family and flees to Hong Kong. Dad died from tuberculosis two years later; at 12 Li starts working in a plastic-watch-strap company to support his family. "The great tug of war and the taste of poverty—they are hardly memories one can forget," Li says. In 1950, Li quits and starts his own business, making plastic toys, later switching to plastic flowers. More than a decade later, riots in Hong Kong depress property values, giving him the opportunity to buy up commercial real estate on the cheap. In 1972 - Li lists his holding company, Cheung Kong Ltd., in Hong Kong. Investors can't get enough. Really....

Mark Zuckerberg Uses Daughter’s Birth to Announce New Charity

2Dec By No Comments

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Mark Zuckerberg Uses Daughter’s Birth to Announce New Charity

Wanting to share the news about your new child with the world is understandable. It was no surprise, then, that Mark Zuckerberg took to Facebook -- his first baby -- to announce the birth of his daughter, Max. What was unexpected was that the mogul decided to simultaneously announce Max’s arrival and his new charitable endeavor. In an open letter to his baby girl -- which doubled as a 2,238-word press release, with bolded phrases and separated sections for maximum ease when skimming -- Zuckerberg writes that he wants to “join people across the world to advance human potential and promote equality for all children in the next generation." (more…)

Facebook Wants to Make Your Recent Breakup Less Painful

20Nov By No Comments

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Facebook Wants to Make Your Recent Breakup Less Painful

Facebook prides itself on its effectiveness in connecting people and bringing them together. But what happens when two people decide they’re better off apart? Today, the social network announced on its blog that it began testing out new tools to help people survive a breakup. U.S. mobile users will now see prompts to try these tools when they change their profile’s relationship status back to single. The option to “Take a Break” include seeing less updates and photos from a former partner without having to unfriend or hide them, and to limit what updates that person can see from the user as well. Newly single people will also have the option to customize who can see their previous posts and the ability to untag themselves from statuses and pictures. The changes are in response to cus...

Facebook now makes 78 percent of its ad revenue on mobile

5Nov By AnkitaNo Comments

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Facebook now makes 78 percent of its ad revenue on mobile

It wasn’t that many years ago that Facebook had its aha moment — when it realized that mobile was the way forward for advertising. Flash forward to today, and mobile advertising makes up 78 percent of the social network’s total advertising revenue. Advertising makes up almost all of Facebook’s income. The mobile advertising revenue represents a 73 percent uptick from last year’s third quarter. However, revenue from ads served on personal computers was down 7 percent from last year. COO Sheryl Sandberg said Facebook’s three main goals in terms of its advertising business include capitalizing on the shift to mobile, growing the number of marketers using the Facebook platform, and finding new ways to make ads more relevant to users. Sandberg said the average adult in the U.S. ...

5Nov By No Comments

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Breaking: Facebook to launch news app

Facebook Inc is preparing to launch a new standalone news app called Notify next week, the Financial Times reported, citing people familiar with the plans. The app will feature content from dozens of media partners including Vogue, the Washington Post and CBS, the newspaper said. Facebook had earlier tied up with nine news publishers to launch "Instant Articles", which publishes their content directly to the social network's mobile news feeds. The company's new app will compete with Twitter Inc's recently launched service called Moments, which aims to provide a better way of curating and aggregating content for users and help them follow live events. Facebook was not immediately available to comment. Shares of the company, which is set to report quarterly earnings after ...

Lobbying for net neutrality, working on open framework: Zuckerberg

28Oct By Press Trust of IndiaNo Comments

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Lobbying for net neutrality, working on open framework: Zuckerberg

Facebook CEO Mark Zuckerberg on Wednesday said his firm is working on an open framework and continues to 'lobby' for net neutrality even as its plan to provide free Internet access to people under Free Basics programme faces criticism. "We do a lot to support (net neutrality) in terms of regulations, we are working on building an open framework..." Zucerkerbg said, while speaking at Townhall at IIT- Delhi. "We lobby for it (net neutrality) across the world but at the same time, we continue to push for access." he added. Facebook's Internet.org platform, which was recently rebranded as Free Basics, has come under fire from Internet activists for violating the principle of net neutrality that is against any priority being accorded to an entity in Internet traffic flow on account of paym...

YouTube offers subscribers paid option with no ads

22Oct By No Comments

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YouTube offers subscribers paid option with no ads

Reuters- Alphabet Inc's YouTube will launch a $10-a-month subscription option in the United States on Oct. 28 that will allow viewers to watch videos from across the site without interruption from advertisements, the company said on Wednesday. Starting early next year, the service called YouTube Red will add exclusive shows and movies from top YouTube creators including PewDiePie, Lilly Singh and The Fine Brothers. "Consumers are embracing paid subscriptions of ad-free content at an incredible pace," Robert Kyncl, YouTube's chief business officer, said at an event at YouTube's production space in Los Angeles. The effort offers a new source of revenue for YouTube and its video creators. Rival streaming sites such as Vessel and Interactive Corp's IAC.N Vimeo are luring online stars ...

Mark Zuckerberg is coming to IIT Delhi for Facebook Q&A session

16Oct By NitishNo Comments

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Mark Zuckerberg is coming to IIT Delhi for Facebook Q&A session

Mark Zuckerberg, Founder and CEO of Facebook, is coming to IIT Delhi for Q&A session in India. Mark in his post on Facebook, mentioned IIT Delhi name for Q&A session. Zuckerberg will be visiting India on October 28. However, the complete information of his visit is not confirm yet. Zuckerberg in his post also mentioned that India is one of the most active communities on Facebook with over 130 million users. He also invited Facebook users to post questions and he will try to answering from India. Facebook will also do a live streaming of this session from IIT Delhi.”

Facebook will now deliver internet from space

6Oct By AnkitaNo Comments

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Facebook will now deliver internet from space

Facebook said on Monday, that it would launch a satellite called AMOS-6 in partnership with France's Eutelsat Communications to bring Internet access to large parts of sub-Saharan Africa. The satellite is a part of Facebook's long-term goal, Internet.org, to expand internet access mainly in rural areas via mobile phones. (more…)

2Oct By NitishNo Comments

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Facebook introduced a looping video as a profile picture

World's leading social media network Facebook has announced that it has added some new features and controls for your profile which, allows you to use a looping video as your profile photo. Facebook in a press release share, People visit Facebook profiles more than four billion times per day, and we’re continually looking for ways to make profiles the best place for people to curate their online identities and connect with others. Today, we’re unveiling some new, mobile-friendly features for Facebook profiles. (more…)

Why We Support Modi’s Digital India But Not Facebook’s Version Of Digital India & Free Basics

28Sep By No Comments

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Why We Support Modi’s Digital India But Not Facebook’s Version Of Digital India & Free Basics

We all know that Facebook is trying very hard to bring its Internet.org to India, which was disallowed in India is selling the same item in a new packet: “Free Basics”. Recently, they launched a super cool looking feature to change your profile picture to one with tricolour hues. This is supposed to be your show of support to Prime Minister Narendra Modi’s Digital India initiative. Lakhs of people just loved this cool feature and started changing their profile pics as soon as they saw these giants changing their profile picture. However, please beware, Facebook is actually counting each DP change to as your support for its on “Internet.org” in India. Remember, it took a number of Internet influencers almost a month to educate people about Net Neutrality and garner about a million and...