Friday, 17 August 2018

Tag Archives: Facebook

French luxury giants dive into Silicon Valley

LONDON: Steve Jobs may have been a tech genius, but he clearly didn’t care much for fashion. Facebook boss Mark Zuckerberg has followed in his footsteps, sporting a plain grey T-shirt every day for years only to swap it for a simple black suit to testify before Congress and the ...

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Facebook just lost $120b in a 1-day

NEW YORK: Facebook has just lost billions of dollars in value, making it one of the biggest one-day corporate losses in US stock market history. The company dropped $120 billion (£91 billion) in shareholder value yesterday (July 26) after it disclosed that its quarterly revenue did not live up to ...

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Facebook to double office presence in London

LONDON: Facebook said on Monday it would double its presence in London, acquiring nearly 600,000 square feet (56,000 square meters) of office space across two buildings in King’s Cross – enough for more than 6,000 workstations. The social network did not say how many jobs it would add in the ...

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WhatsApp to limit message forwarding after India mob lynchings

LONDON: Facebook Inc’s WhatsApp is launching a test to limit forwarding messages that will apply to all users, the messaging app said, after Indian authorities sought curbs on spread of rumors that have led to violent incidents. Mob lynchings triggered by false incendiary messages in India, WhatsApp’s biggest market with ...

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Facebook Hires AI Chip Development Head

LONDON: Facebook is continuing to devote more resources to the development of AI-focused chips, bringing aboard a senior director of engineering from Google who worked on chips for Google’s products to lead its efforts, Bloomberg reports. We’ve reached out to Google and Facebook for confirmation. Shahriar Rabii spent nearly seven ...

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Facebook facing UK fine over data protection breaches

LONDON: Britain’s information regulator slapped Facebook with a small but symbolic fine for breaches of data protection law after millions of users’ data was improperly accessed by consultancy Cambridge Analytica. The 500,000 pound ($663,850) fine is less that 10 minutes worth of revenue for the social media firm worth $590 ...

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Facebook’s Blockchain Division Has a New Director of Engineering

NEW YORK: After setting up a group within Facebook to look into blockchain technology, Facebook may be bolstering its efforts in the field: Evan Cheng has taken on the position of director of engineering, blockchain, at the company, according to reports and his LinkedIn profile. Before taking the latest position, Cheng ...

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India asks WhatsApp to curb spread of false messages

MUMBAI: India has asked Facebook Inc-owned WhatsApp messenger to take steps to prevent the circulation of false texts and provocative content that have led to a series of lynchings and mob beatings across the country in the past few months. With more than 200 million users in India, WhatsApp’s biggest ...

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UK lawmakers slam FB’s evasive answers

LONDON: The head of the UK Parliament’s media committee slammed Facebook on Friday for what it described as evasive behavior in answering questions on fake news. Committee chair Damian Collins said that Facebook’s claims that it was unable to distinguish between political and non-political advertising is “difficult to believe.” He ...

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Facebook patents for emotion-detecting selfie filters

LONDON: Seems like Facebook is seeking to improve itself in unique ways as it has filed a patent for ‘emotion-detecting’ selfie filters. A recent public patent demonstrates that the popular social media app Facebook is looking to launch a tech that can detect emotions and automatically choose an animated selfie ...

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