or Facebook. com what we post or whom we riend, or Amazon com AMZN-0. 38%what we buy,
#Whatsapp For ios Will Receive Voice Calling Feature In A few Weeks Whatsapp the instant messaging app that Facebook acquired for $19 billion last year hit 700 million monthly active users
At the Facebook f8 conference this week, Whatsapp cofounder Brian Acton said that the ios version of the messaging app will gain the highly anticipated free voice calling feature within the next few weeks, according to Venturebeat.
Why did Facebook acquire Whatsapp? During a keynote at Mobile World Congress last year, Facebook CEO Zuckerberg said that the acquisition was linked to his vision for Internet. org.
Internet. org is an initiative to bring the Internet people who do not have access
The amount that Facebook paid for Whatsapp was particularly interesting because the messaging app is far from profitable.
While Facebook generates most of its revenues from advertising, Whatsapp charges 99 cents per year for a subscription after one year of free service.
Reliance has decided to use Facebook as the social media network for its apps. Few Western app vendors apart from Supercell and King have attacked seriously Korea notoriously insular market It is impressive that Reliance is tackling Korea seriously from the start.
#Will Payments On Facebook Be Successful? Facebook: The Social Graph Of Payments Today March 17th, 2015 Facebook has entered into payments in a very big way 1. This is perhaps the biggest news in this sector since its inception.
Much like Wechat a sort of Facebook of China along with Alipay with their hundreds of millions of users to send money via instant message.
To become a person to person payment system in the US the company must apply for
and be granted a money transmitter license in every state. Facebook has been approved money transmitter licenses in every US state and territory along with many European and Asian countries.
My good friend Faisal Khan has been researching this for a number of years. In the US
and there is a tipping point where one can be certain that the recipient can be found on Facebook.
It turns out a vast majority of Facebook 500 million monthly users are logged on to Facebook Messenger with about 80 million payment cards on file.
With Facebook Payments, the entire system is built currently around the Messenger platform. Fundamentally person to person payments are a form of deep communication
and Facebook Messenger is a logical jumping off point. A vast majority of person to person payments begin with a conversation, perhaps already within messenger.
How Does Facebook Payments Work? To use the system, the sender will need to associate a US based debit card with a Visa or Mastercard logo to their Facebook account.
If the user already has a debit card on file with Facebook from gaming, advertising, or donations, this can be the default card.
The system will allow for the user to image the card via a camera or to manually enter the card into the setup form.
Specimen of Facebook Payments payment sending sequence. To send money press the button in the Messenger message composer,
Specimen of Facebook Payments payment receipt screen. The money is removed instantly from the sender debit account
and delivered to the recipient Facebook associated debit card. Facebook uses the debit card network and the recipient bank
and can take about 24 hours to become usable. Both sender and recipient will see a confirmation message detailing the transfer status and time.
Along the way, Facebook will send the recipient notices to claim the money. As an added security feature, Facebook may ask users some extra security questions before a transfer can be authorized.
This may take the form of id you ever own a red caror n what city did you live in during the period of 1984 1986 etc.
Banking On Debit cards Facebook is currently a debit card based system and is using a similar system that Square adopted for Square Cash 2,
and optimizations made by Facebook to make the system more fault tolerant and redundant. Facebook is also using more recognized APIS that will have the ability in the future to also allow payments from credit cards using the full extent of systems like Visa VPP API 2. The system will also be able to easily scale to countries outside the US
and localize from a technical standpoint and a regulatory stand point. I am rather certain that Facebook has negotiated with a number of regional debit card networks to lower effective rates that Facebook will pay for each transaction.
This will actually be a win/win for both camps. The debit card networks will see a huge growth of aggregate transactions allowing the networks to continue to be relevant and vital in this new space.
And Facebook will of course see lower costs than most companies in this space. I see this pattern perhaps playing out through the world and thus
By the next Facebook developer conference we may see this presented along with very unique useless for the APIS Facebook most certainly will produce.
Now The Person To Person Payments Party Is Ready To Begin Facebook is entering into a market that has many existing solutions,
including: Google Paypal Venmo Square Banks And others It is very clear that a sort of shakeout will commence that will define competing products and perhaps remove a few products from the market.
Square Square Cash seems to be in a very vulnerable position before Facebook Payments 3 and
Paypal+Venmo Paypal and Venmo will see a challenge from Facebook Payments. There is no doubt about it.
and marketing needed to respond to Facebook. There are many ways that Paypal and Venmo can stay vital and relevant because of the scale they have achieved already.
and a system that will surprise even Facebook. The plans have been in process for quite some time and unlike Facebook
Paypal, Google, and Square, Apple will not handle any payments themselves. High Likelihood Of Success There is little doubt that Facebook will be successful In person to Person payments.
If not just by the size of the user base and the utility this new feature will offer.
even though currently there is no revenue model from Facebook pavements, there is a path where the cards on file will become a source for payments for products and services from merchants.
Specimen of revenue sources at Facebook. The Payment isruptionera Is Now Officially Over In less then 12 months
and listed Apple, Facebook, and retailers themselves. Today, Apple Pay, Facebook Payments, and MCX/Currentc are here.
It was fun times as my thesis and postulations were controversial and constrain. This was the height of the ayments disruptionmania
Pink floyd cofounder Roger Waters told his Facebook followers that he ould never turn on a cell phone at any musical event.
#Facebook's first satellite will beam Internet to rural Africa starting in 2016 With the exception of a select few locations,
Facebook hopes to change those statistics with a new project in its Internet. org initiative.
As part of this program, Facebook is partnering with French satellite communications provider Eutelsat to beam an Internet connection to remote parts of Africa."
"wrote Facebook founder Mark Zuckerberg in a Facebook posting. Facebook is working with Eutelsat to provide Internet access to sub-Saharan portions of Africa via Eutelsat's new AMOS-6 geostationary satellite,
which will cover West, East and Southern Africa. Amazingly, the satellite will deliver affordable broadband Internet using off-the-shelf consumer equipment for connectivity
while Facebook will work locally in Africa to deliver Internet service to rural communities. The satellite-based service is expected to go online in mid-2016.
The African satellite project is part of Facebook's broader Internet. org initiative which debuted in 2013.
Through Internet. org, Facebook wants to connect the world by providing internet access to developing countries worldwide.
Internet. org was criticized highly for providing access only to Facebook and a handful of other web sites and services instead of the full, open internet.
Internet. org responded to critics by recently expanding its service to include any sites that meet Facebook's development criteria a
As a potential step towards powerful artificial intelligence Facebook Microsoft and Google have invested all in Deep Learning technologies in the past five years p
In 2014, Facebook acquired Oculus Rift for $2 billion; Google and other big companies recently backed Magic Leap with more than $540 million;
Follow me on Twitter@LATMELISSAHEALY and"like"Los angeles times Science & Health on Facebook o
#FDA proposes letting gay men donate blood, with some caveats The Food and Drug Administration proposed new rules Tuesday that would allow gay and bisexual men to donate blood in the U s. for the first time in decades.
Follow Live Science@livescience, Facebook & Google+.+Original article on Live Science e
#Nepal Earthquake: Health Threats Loom Over Survivors The aftermath of the Nepal earthquake brings a risk of disease outbreaks including measles and diarrheal diseases among the survivors,
+Follow us@livescience, Facebook & Google+.+Original article on Live Science e
#Simple Chemical Stops Prion Disease Mad cow, scrapie and Creutzfeld-Jakob disease are all diseases of the brain that debilitate before they kill,
#Facebook M Is trained and Monitored by Humans, Facebook Reveals Facebook has entered the virtual digital assistant space with a new service for its millions of Messenger users,
known as M. Facebook M is a personal assistant that will be integrated into the main messaging app, Facebook Messenger.
Using this new digital assistant, the users of this application will be able to search for information as well as complete different tasks without the need of manually doing them.
At the moment, Facebook reveals that this service is still in its trial stages and as of now
you will be lucky to be among the first persons to enjoy this new service on Facebook Messenger.
This announcement was made public by the Vice president of Facebook messaging products David Marcus via his Facebook page.
Facebook M can complete the tasks on behalf of the userfacebook M brings something new to the virtual digital assistant space
Facebook M can do just that. For instance, the application can be used to make purchases on your behalf,
Facebook M will actually find the list of items, place an order and get the gift delivered to the desired person.
Facebook M will be using humans to provide users with feedbackeven though Facebook M will be relying a lot on artificial intelligence,
it was noted that this intelligence is trained and supervised by humans. The humans, known as M Trainers, will be composed of non-Facebook employees
and their work will be to ensure that users get the best responses to their queries and on time.
The inclusion of humans in Facebook M is a rather confusing feat as most companies are working to eliminate
It is expected however that Facebook will hire more and more M trainers as the service expands to global users of Messenger.
Facebook M will not be making use of data it has collected about you over the years.
Facebook M is free of any charge and it will come integrated within Facebook Messenger g
#Whatsapp has Over 800 Million Users, 600 Million are on Android A few months ago the company Whatsapp revealed that it has at least 800 million users.
#EU ruling means Facebook and Google can send data to the US If you live in Europe,
including Google, Apple, Microsoft and Facebook. The decision is the culmination of a case that Austrian lawyer Max Schrems brought against Facebook in 2013 for participation in US mass surveillance.
It means that The irish Data protection Commission which presides over Facebook data-export operations, is unable to use Safe Harbour as a reason not to investigate Facebook data protection practices in the US.
In a statement, The irish Data protection Commissioner confirmed that Schrems case would be brought back before The irish High court s soon as practicable The ruling also removes the legal blanket that allowed companies to send data gathered in the EU to the US for processing.
It not yet clear whether this will disrupt the day-to-day operation of major technology firms, but their ability to pool data from both sides of the Atlantic for analysis will be affected.
000 Twitter followers and 48,000 Facebook ikes (Now more than 87,000) The tough town of Philadelphia did not treat the hitchhiking friendly robot so well.
Refined through work on millions of uploaded and tagged faces at sites like Facebook and elsewhere,
Just ask Facebook, Google and Microsoft. With its promising application to video games and other in-real-time experiences, its no wonder the biggest tech players in the field are eager to explore AR possibilities.
Facebook pages and health sites perpetuate an alarming mixture of misinformation about vaccines and use a range of persuasive techniques to get the reader on side.
#How do you laugh on Facebook? LOS ANGELES-How do you express laughter in a Facebook post?
By saying LOL, Haha or Hehe? The folks at Facebook recently crunched the numbers of the billions of daily posts to see how its members expressed their humor,
and they found that 15%use laughter of some kind in a post. At one point, the acronym surely would have been LOL,
Facebook looked at posts in May to come up with these conclusions and also researched specific cities,
A quick note that the desktop version of Facebook doesn offer many opportunities to attach digital laughs,
you need to go to the Facebook Messenger mobile app, where not only are there tons of way more emoji syymbols available for your posts,
Facebook bought tech start-up Oculus, which works with Samsung on the Gear VR system, for $2 billion in 2014.
and cites a comment from Facebook CEO Mark Zuckerberg that VR will potentially be as disruptive as the smartphone.
Facebook bought tech start-up Oculus which works with Samsung on the Gear VR system, for $2 billion in 2014.
and cites a comment from Facebook CEO Mark Zuckerberg that VR will potentially be as disruptive as the smartphone.
Facebook and Google operate overseas. The European Court of Justice examined the case of an Austrian citizen who claimed that his data,
wasn't being protected adequately by Facebook. No appeal is possible as the European Court of Justice is the equivalent of the U s. Supreme court. The ruling comes as European leaders
That could change because of the lawsuit brought last year against Facebook by Austrian law student and privacy advocate Max Schrems.
Schrems filed the case in Ireland, Facebook European headquarters. The irish court rejected the suit and Schrems appealed to the European high court."
In a statement, Facebook said Europe's Advocate General had been very clear the issue was not Facebook per se,
including Oculusparent Facebook, in envisioning VR for shopping. That vision is still fluid for vretail,
Google, Facebook, Amazon) Large, IT-intensive enterprises (e g.,, financial services companies) The emergence of financial services companies as IT providers is something that has been brewing for some time.
In addition, users increasingly turn to social networks like Facebook and Twitter to find news and suggestions-where to eat or which movies to watch,
Apps that compete directly with Google such as Facebook, Amazon, Microsoft office, and Expedia are easily available to Android users;
The recent Samsung S6 is a great example of this-there are pre-installed Facebook, Microsoft,
Facebook, Twitter) come from turning resources over to everyday users, rather than directing them toward big, possibly unwieldy partnerships.
Social sites like Linkedin and Facebook are building news products. And for an increasingly large portion of internet users, Twitter is personalized a news wire.
they like Facebook more than having a big back yard! --it's worth recognizing that the ability to maintain our always-on connectivity,
The airline did say in a Facebook post that it lost contact with flight MH17 over Ukraine airspace.//
js. src=//connect. facebook. net/en us/all. js#xfbml=1; fjs. parentnode. insertbefore (js fjs;(
document'script''facebook-jssdk';/'//> A reporter in East Ukraine spotted the wreckage and an official with the Russian Emergency Ministry told Gawker that bodies from flight#MH17 were scattered over a 10 mile radius.#BREAKING:
a Facebook group for Nightscout, set up by Jason Adams, now has nearly 12,000 members, and our code made the semifinal round for the 2014 Hackaday Prize.
500 different merchants for its platform, including well-known tech companies like Facebook, Airbnb, Spotify, Evernote, and Groupon.
It 15 percent at Facebook. Similar stats can be found at most of the larger tech companies.
Adobe, AIG, Akamai, AOL, Appnexus, AT&T, BSA, ebay, Electronic arts, Expedia, Facebook, GE, Goldman sachs, Google, Groupon, IAC, IBM, Lockheed martin, Massmutual, Microsoft
it will have to do on its own what the united front of Samsung (in other words, Google android OS), Oculus Rift (in other words, Facebook),
#Page365 Grabs $420k To Professionalize Social Commerce In Southeast asia Starting In Thailand Facebook and Twitter both have introduced uybuttons this summer,
The service started two years ago latching on to a trend that saw Facebook used to market
Page365 aims to make things more professional with its platform that plugs into Facebook and Line, the chat app with 20 million registered users in Thailand,
and despite fears that the acquisition by Facebook would screw it up, there now 70 million photos shared each day,
Between Facebook 1. 35 billion, Messenger 500 million, and Whatsapp 600 million users, Facebook has developed a jaw dropping mobile footprint.
Instagram Of THE Week With growth steady, Instagram is now looking to strengthen its authenticity.
and Facebook started verifying profiles in May 2013. The badges will surely be coveted by the types of users desperately trying to grow their following
Instagram hits 5 million Android users, is acquired by Facebook April 30th, 2012: 50 million users February 2013: 100 million users September 2013: 150 million users March 2014: 200 million users Considering Twitter
Dashlane Password Changer works with over 50 top U s. sites including Amazon, ebay, Facebook, Google, Linkedin,
with 75 sites as of today, including big ones like Facebook, Twitter, Amazon, Pinterest, Dropbox and others.
At a Facebook, Google, or Amazon data center, replacing hundreds or thousands of fans with ones using 35 percent less power could yield significant cost savings.
As naturally as it is for all of us to tag a friend on Facebook only that it s no longer about the pages you ve liked
#Facebook Censors Blasphemous Page To Comply With Turkey#s Demand But Won t Publish It When Google and Twitter receive legal threats from countries to censor controversial content
But today when Facebook followed Turkey legal order to block a Page that defamed the Prophet Muhammad from Turkish users,
Mark Zuckerberg has said it Facebook duty to comply with censorship so it can keep operating
But Facebook abstains from this transparency practice. Instead, the company has been beefing up its transparency reports with an interactive map the shows
Some claim that Facebook is wrong to comply with censorship, and that it should accept bans.
Facebook growth and advertising objectives are cited often as supposed reasons it complies. However, Mark Zuckerberg recently commented on the censorship issue in a public Q&a saying one more country doesn add much extra ad money or growth.
Facebook declined to comment on this specific issue. Regardless it seems obvious that Facebook could maintain its current position
while also being more transparent and publishing the demands it receives in a timely fashion.
Malaysia Airlines confirmed the attack on its Facebook page: In a tweet however Lizard Squad (which itself was hacked last week) claimed it had taken materials from Malaysia Airlinesservers.
#Facebook Open-sources Some Of Its Deep-Learning Tools In the world of machine learning the buzzword these days is eep learning.
Facebook too has done quite a bit of work in the area and today the company is open-sourcing some of its projects around the Torch7 computing framework for machine learning.
Facebook today is optimized launching tools to increase the speed at which deep-learning projects that use Torch run.
In addition Facebook is launching a number of additional tools that bring more speed to other parts of Torch as well.
Some of these are modest but many of Facebook projects results in 3 to 10x improvements over the default tools.
#Facebook Unveils Facebook At work Lets Businesses Create Their Own Social networks About six months ago we reported that Facebook was working on a new product aimed squarely at the enterprise market under the working title B@Work
today the company is launching new ios and Android apps called acebook At Workalong with a version of Facebook At work accessible via its main website
and act like Facebook itself. Facebook At work is now available for download on ios and wel update with a links to the Andriod version once it live though both are usable via a limited pilot to start with.
Check out Josh follow-up story for more screenshots details on privacy and analysis.)Employers can create separate logins for employees to use with their Work accounts
The product puts Facebook head-to-head with the likes of Microsoft Yammer Slack Convo Socialcast and a huge number of others who are trying to tackle the nterprise social networkspace.
Lars Rasmussen the engineering director at Facebook who is heading up the project had in his past once headed up one of the failed efforts at an enterprise social network Google Wave.
Facebook is positioning today debut as a bold first step. ee putting the app into the app stores
In fact Facebook has already been running tests of the service with very small setof external businesses around the world Rasmussen says;
In fact the existing Facebook Groups product is used already by smaller organisations. Because of the early nature of the product there are a lot of questions in the air.
For now Facebook Platform has been disabled on the Work product meaning no ads or apps. That may not always be the case (t could be paidhe says.
Rasmussen says that Facebook has effectively been working on Work for the last 10 years because it is based on
what Facebook own employees have been using to communicate with each other pass on news plan meetings and share documents.
That long-time use and Facebook familiarity to all of us are part of what makes Facebook confident that it can carve a place for itself in a market that already is crowded very. acebook At work strength is spent that wee ten years
and incorporated feedback from 1 billion active usershe says. ll embedded of that is now in the same product
but adapted for different use cases. nd it actually used by staff hen Mark Zuckerberg the CEO makes an announcement he just posts it on Facebook at Workrasmussen says.
In fact Facebook own popularity could be Facebook At work biggest advantage. A lot of efforts in offices to get employees to collaborate more with each other have been stymied
In that vein Facebook At work built essentially on Facebook itself will be arguably the closest of all to an authentic onsumersocial experience.
By making this free Facebook could potentially drive a lot more users to its wider network.
The fact that Rasmussen would not rule out advertising as an option down the road to me suggests that Facebook could consider tiers of its own where some businesses may pay for the product
Plus this would give Facebook another revenue stream beyond ads and app-related payments. How it will work Facebook wouldn show me a demo ahead of the launch
but this is how Rasmussen describes it: hen an employer adopts Facebook At work they can construct it with a set of new accounts.
Users can then link their work and personal accounts together so that they are logged into both at the same time. his would work much like Groups
The content stays entirely within your personal or work Facebook. hat not there/integrations. You can share documents today
but for now there will be no in-app editing urrently. gain that leaves this open as something that will come down the line. he set of features are identitcal to personal Facebook
Hopefully in the future other enterprise tools will integrate with Facebook At work. ackstory on development. Back in June I deduced that Facebook At work was connected with Rasmussen work in London but what
I found out from sources after that report was that this was more than casual: this was his baby.
and the knowledge of a failure of doing this at a different companyhe says referring of course to Google Wave. thought that maybe Facebook experience was
however is one that Facebook will have to continue to grapple with all the more so as it continues to grow.
Canvassing opinion on a Facebook At work product I heard not only once people shy away from the idea concerned with the thought of Facebook wningyour data
and the potential lack of confidentiality resulting from it. That can be frustrating when related to pictures of you too drunk
#The Bank of Facebook Technology is changing one of the most fundamental mediums that touch every person on the planet:
This past March, Facebook rolled out free peer-to-peer payments and set the company down a path to becoming one of the world most powerful financial institutions.
Facebook isn charging fees on transfers. While the company does incur charges from banks on the back end,
Facebook says it will not pass these on to the consumer. At the moment Facebook transfers are limited to users within the United states,
but sources inside the company have confirmed it will expand beyond U s. borders in the near future.
if Facebook will charge users a nominal fee on cross-border transfers and currency conversions,
According to Steve Davis, product manager at Facebook: ee not trying to make a profit out of payments. acebook is already well on its way to becoming a global financial institution.
Last summer, Financial times discovered that Facebook is close to receiving approval from the Central bank of Ireland to become an electronic money institution throughout Europe.
Long term, Facebook payments has the power to completely destroy Western union and Money Gram (good riddance) and massively benefit millions of people in the developing world with billions of dollars more freely flowing into those countries.
Facebook is in a position to control the lion share of remittances sent globally by offering below market-rate transfers and the best experience on mobile.
The last couple of years have been especially rough for Facebook with North america and European markets reaching saturation.
There is no better way for Facebook to add new users in the developing world than by becoming the de facto app for how they receive their income from abroad.
that possibility pales in comparison to the larger opportunity for Facebook offering a way for people who don use banks now to do e-commerce.
It easy to imagine a world where workers in developing countries are paid through Facebook via peer-to-peer payments,
store their money on Facebook, purchase local goods through transfers, and have the ability to pay for items using Facebook.
The effect that Facebook could have on the world as an electronic financial institution is nothing short of profound.
So why would Facebook facilitate millions of transfers and online purchases for next to nothing?
For one, it puts them closer to attaining the holy grail of datahow users spend their money.
Let not forget that at the end of the day Facebook is most definitely an ad network at its core.
For example, how many of Lamborghini 11 million Facebook fans could actually afford that car? While Facebook could make an educated guess,
it can answer that question with certainty. However, in a world where Facebook could combine financial transactions and social graphs,
advertisers would be given near-perfect information on their audience. No other ad network in the world would be able to match Facebook targeting capabilitiespurchase behavior, income, savings, etc.
Despite the doomsayers, the world future has looked never so bright. Wee currently undergoing a period of massive socioeconomic growth.
Facebook has an incredible opportunity in front of itselfo use technology to change the way the world thinks about money.
I quit using Facebook years ago but maybe, hopefully, Mark Zuckerberg will give me a compelling reason to sign back up b
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