Facebook news
Mark Zuckerberg Down $7 Billion as Huge Companies Continue to Boycott Facebook
Image sourced from Inc Facebook’s stock price is being hammered by a massive boycott of the social media giant’s major advertisers. CEO Mark Zuckerberg’s personal wealth is also feeling the brunt of the stand-off. As of Saturday last week, Zuckerberg’s net wealth is down around $7 billion, while Facebook’s share price dropped by more than 8% at the close of trading on Friday. Advertising is Facebook’s largest source of income, with the company making $17.4 billion in ad sales alone in the first three months of 2020. Coca-Cola Backs #StopHateforProfit /* custom css */ .tdi_3_83f.td-a-rec-img{ text-align: left; }.tdi_3_83f.td-a-rec-img img{ margin: 0 auto 0 0; } Soft-drink juggernaut Coca-Cola is one of the latest brands to halt all of its social media advertising, backing the #StopHateforPr...
Facebook Commits to African SMBs Through Virtual Programmes
Sourced from Dialogue Pakistan Facebook has announced that all its Economic Impact Programmes are officially available, and will be offered virtually, in an attempt to equip small African businesses with digital marketing skills to help them stay open, connect with and acquire new customers to survive challenges presented by Coronavirus. Facebook’s Economic Impact Programmes include: Boost with Facebook – currently implemented in 11 African countries, targeting over 41,000 small businesses. SheMeansBusiness – available in Nigeria, South Africa and Senegal reaching 7,500 participants. Digify Pro – offered in Nigeria, Kenya and South Africa with 230 participants. Aspiring Entrepreneurs Programme – which works with 360 participants in Nigeria. These programmes will include 90 minute long...
Microsoft Shuts Down Streaming Platform Mixer, Partners with Facebook Gaming
Sourced from Geekwire. Microsoft is closing its Mixer video game live-streaming service on 22 July 2020 with plans to move existing partners and streamers over to Facebook Gaming. Mixer, launched in 2016, will now no longer be operated by Microsoft as a service. The reason for this decision is that the company has struggled to reach the scale needed for Mixer to compete with Twitch, YouTube, and even Facebook Gaming itself. “We started pretty far behind, in terms of where Mixer’s monthly active viewers were compared to some of the big players out there,” says Phil Spencer, Microsoft’s head of gaming, in an interview with The Verge. “I think the Mixer community is really going to benefit from the broad audience that Facebook has through their properties, and the abilities to reach gamers in...
Facebook is Applying Labels on “State-Controlled” News Publishers
A massive and exceedingly popular platform for the sharing and spreading of news content to the general public, Facebook has become the primary news source for millions of people around the globe. Now, in renewed efforts to gauge its own responsibility to halt the spreading of fake news and to inform their users, Facebook is identifying certain media outlets that could be government mouthpieces to their users. Sourced from Facebook The social media goliath announced these measures in part to protect the integrity of the 2020 US elections, and in another part to protect its reputation from further damage, especially after the 2018 Facebook-Cambridge Analytica data scandal. “We are starting to apply labels to those state-controlled media outlets,” Facebook says on their blog. “We are providi...
Facebook Launches Messenger Kids across Sub-Saharan Africa
Sourced from Shutterstock Facebook is rolling out Messenger Kids – a video chat and messaging app that helps children connect with friends and family in a fun, parent-controlled space. Available to download from the Apple App and Google Play Stores, Messenger Kids has been designed for children between the ages of 6 to 12 years. Ahead of its launch, Facebook consulted with child safety advocates and educators across Africa to ensure that it’s providing a service that balances parental control with features that help kids learn how to connect responsibly online. Messenger Kids is made for Kids but controlled by parents, the app is full of features for kids to connect with the people they love. Once their account is set up by a parent, kids can start a one-on-one or group video chat. The hom...
Lonestar Cell MTN Provides Free Facebook Flex Access in Liberia
Lonestar Cell MTN has announced that its customers can now enjoy Facebook for free with the launch of Facebook Flex. Facebook Flex gives Lonestar Cell MTN customers the ability to chat and stay connected with friends and family on Facebook with no interruptions. “By enabling data-free access to Facebook, we are helping to connect more Liberians to the digital world, driven by our core belief that everyone deserves the benefit of a modern, connected life,” says Yaw Ankoma Agyapong, CMO of Lonestar Cell MTN. “Social media platforms like Facebook have become vital communication tools for many people, and we want to ensure that our customers can access them more affordably. This is just one of the ways we are bridging the digital gap in Liberia and helping more Liberians connect to social inte...
Facebooks New Photo Transfer Tool Goes Global
Facebook has announced that it’s Google Photos transfer tool is officially available to all users across the globe – after first being released in the US and Canada in April. “Today, we’re releasing a tool that will enable Facebook users to transfer their Facebook photos and videos directly to other services, starting with Google Photos,” says the company in an official blog post. This tool allows users to create copies of photos and videos from their Facebook account that can be transferred to their linked Google Photos account. The company says that it believes if users share data with one service, they should also be able to move it to another. Here’s how to use the photo transfer tool in five steps: Step 1: Go to “Your Facebook information” in your Facebook settingsStep 2: Select “Tran...
Trump Threatens Twitter and Other Social Media Platforms After Being Fact-Checked
Sourced from Politico. US President Donald Trump has threatened to regulate or even “close down” social media platforms in a series of tweets over the last day on Twitter. This comes after Twitter added a fact-check label to some of his posts. The labels entail that particular tweets contained misleading information. The president (ironically) tweeted that republicans feel that social media platforms such as Twitter are trying to censor their political views. ….happen again. Just like we can’t let large scale Mail-In Ballots take root in our Country. It would be a free for all on cheating, forgery and the theft of Ballots. Whoever cheated the most would win. Likewise, Social Media. Clean up your act, NOW!!!! — Donald J. Trump (@realDonaldTrump) May 27, 2020 He then warned, “Big action [is]...
Twitter Labels President Trump’s “Potentially Misleading” Tweets
Image sourced from Al Jazeera Twitter said Tuesday that it added a label to the United States (US) President Donald Trump’s tweets for containing “potentially misleading information about voting processes,” a rare move that shows the social media company is taking a tougher stance against misinformation. Twitter reserves these labels for tweets that contain information flagged by the website as false. It’s the first time that Twitter has displayed such a label on one of Trump’s tweets. That same Tuesday, Trump tweeted “There is NO WAY (ZERO!) that Mail-in-Ballots will be anything less than substantially fraudulent,” a claim that has been debunked by fact-checkers and news organizations. He continues his remarks in another tweet, stating that it will be a “rigged election.” Mail-in-Ballots ...
6 Tech Companies Make Remote Working a Permanent Option
The world has been changed by the ongoing coronavirus pandemic. Almost all points of what we used to know are in some ways now different. These changes will no doubt last as long as the pandemic, and many will last even longer. In the world of work, the transition from offices to home has been a worldwide reality. Now, six of the world’s largest tech companies have revealed that these advents of working-from-home may be a permanent fixture. At least for the foreseeable future. These tech companies include: Facebook Mark Zuckerberg says that as many as 50% of Facebook employees could be working remotely within the next five to 10 years. Facebook’s CEO pitched the idea as both of a matter of satisfying employee desires and also in an effort to establish a “more broad-based economic prosperit...
