Facebook plans revenue sharing model to monetise videos

Facebook will share ad revenue with video creators in the hope of attracting better content and more advertising, a move aimed at smartphones on which 75 per cent of its videos are watched. In total, videos are watched around four …

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US Facebook users can send cash via Messenger app

Facebook launched a free P2P payments service for users of its Messenger app in the US, joining a competitive market for such services. The move is not a surprise: Back in March, the social network announced the launch in coming …

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Facebook opens first African office

Facebook opened its first office in Africa to “help businesses connect with people and grow locally and regionally”, and said that activity is happening overwhelmingly via mobile devices. The social media giant’s active user population in Africa grew by 20 …

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Messenger app can now be used without Facebook account

Facebook no longer requires users of its standalone Messenger app to have a Facebook account. Instead, they can sign up with a name, phone number and photo. The feature is only available in Canada, the US, Peru and Venezuela for …

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Facebook launches photo-sharing app

The latest product to join Facebook’s standalone apps portfolio is Moments, which enables users to group and share photos privately. “Moments groups photos on your phone based on when they were taken and, using facial recognition technology, which friends are …

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Satellite firm OneWeb chooses vendor for massive constellation

OneWeb, the venture with grand plans to deliver global connectivity via satellite, turned to Airbus Group for the manufacture of 900 low-earth orbit (LEO) satellites. The firm, whose backers include the Virgin Group and Qualcomm, is forming a joint venture …

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Doodle Draw becomes Facebook Messenger’s first game

The first game has been added to Facebook’s Messenger platform, called Doodle Draw and available for iOS and Android users, TechCrunch reported. The game is apparently similar to Draw Something, a popular title where users guess what their opponents have drawn, the maker …

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HK’s ATM giant Jetco preps mobile move

Hong Kong’s leading ATM operator, Jetco, plans to introduce an inter-bank service for mobile and online payments, with the threat of rival services from the likes of Alipay, Tenpay, Facebook and Apple acting as a prompt for banks, according to …

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Facebook drops plan to build its own satellite – report

According to The Information, Facebook found out the hard way about the satellite business: it’s expensive to get anything off the ground. The social networking giant abandoned a project to invest as much as $1 billion to build and launch …

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