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’s New Feature Will Warn That Annoying Person On Your Timeline They’re Sharing Old News
Source: NurPhoto / Getty Facebook is finally rolling a feature it has needed for a LONG TIME. The social network announced in a blog post that it is rolling out a much-needed new feature that will inform people if a news article they’re about to share is over 90 days old. Facebook hopes this new feature will give users the context they need before they press share. Per Facebook: To ensure people have the context they need to make informed decisions about what to share on Facebook, the notification screen will appear when people click the share button on articles older than 90 days, but will allow people to continue sharing if they decide an article is still relevant. Over the past several months, our internal research found that the timeliness of an article is an important piece of context...
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...
Mobile App Publishers Reach 151.2 Billion Downloads
The five leading mobile app publishers from the United States have reached 151.2bn in Google Play lifetime downloads as of May, according to data gathered by GoldenCasinoNews. With 123bn in lifetime downloads among Android users, Google LLC ranked as the leading mobile app publisher. Google Meet is the Leading Google-published App In May, Google’s 183 published apps were downloaded a total of 278.9 million times worldwide, revealed Statista and Priori Data survey. With almost 21.5 million downloads, Google Meet was the leading one among them. Google Calendar, Google Play Games, and Google Assistant followed with 11.45 million, 11.12 million and 11.1 million downloads, respectively. With 12.55bn in Google Play lifetime downloads, Facebook ranked as the second-leading mobile app publisher in...
MTN Pulse Introduces New Data Bundles for Social Media
Sourced from Business Tech MTN Pulse has announced the launch of the new MTN Pulse Daily, Weekly and Monthly Social Pass bundles, effective immediately until 16 July 2020, which sees the introduction of 1GB valid for a day for R25. The new MTN Pulse Social Pass bundles are an extension to the existing Social bundles. The network provider says that these bundles give customers on MTN Pulse access to Instagram, Facebook, WhatsApp, Twitter and YouTube, all in one bundle. “Social media platforms such as Facebook, WhatsApp, Instagram, YouTube and Twitter are essential for our youth customers to remain connected. Through these attractively priced bundles, MTN is connecting its youth customers with the services that resonate with them by ensuring that they can use their favourite online pla...
Facebook Launches “My Digital World” Across Sub-Saharan Africa
Facebook has launched “My Digital World” – a programme designed to equip the youth and general public across Sub-Saharan Africa with digital skills needed to navigate the digital world. My Digital World is a consolidation of all Facebook digital literacy programmes including Safe Online with Facebook, Ilizwe Lam, and eZibo and will be offered virtually this year to adapt to the COVID-19 pandemic. Facebook has over the years trained thousands of people on digital literacy skills and is this year preparing to train close to 20,000 participants across Nigeria, South Africa, Kenya, Zambia, Senegal, Cote D’Ivoire and Ethiopia on safe, responsible and beneficial usage of the digital platforms. “We remain committed to equipping young people and the general public across Sub-Saharan Africa with th...
WhatsApp launches first digital payments feature
Facebook on Monday added a digital payments feature to its WhatsApp messaging service, starting in Brazil but with an eye to expanding around the world. WhatsApp users in Brazil can use the encrypted mobile messaging service to send money or make purchases, Facebook said in a blog post. It marked the first time the payments platform used at the leading social network was woven into WhatsApp. People will be able to send money or make a purchase from a local business without leaving their chat, the company noted. “Payments on WhatsApp are beginning to roll out to people across Brazil beginning today and we look forward to bringing it to everyone as we go forward,” the service said. Sending money or making payments is a free option for WhatsApp users, but businesses will be charged a processi...
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...
Sharing A Defamatory WhatsApp or Facebook Post Could Get You Sued or Fired in SA – Legal Experts
The social media sphere has quickly become a new stage to be navigated carefully in these modern times. Often filled with deepening negativity and debacles that are dreadfully embarrassing for those involved – like the fallout over a Miss South Africa candidate and her history of crude tweets. Now, lawyers at Cliffe Dekker Hofmeyr (CDH) have warned South Africans that sharing defamatory posts can mean serious trouble. “It is important to understand that South African law considers repeating or sharing defamatory content as sufficient to constitute ‘publication’ and, thus, defamation in its own right, even if the repeater or sharer was not the author of the original defamatory post,” Timothy Smit, director, and Elizabeth Sonnekus, an associate in the firm’s dispute resolution practice...
