CEO Mark Zuckerberg announced three e-Commerce updates that are coming to Facebook products in a live stream: Shops on WhatsApp, and Shop listings in Facebook Marketplace, as well as a new visual product search option on Instagram.
The biggest announcement is Shops on WhatsApp, which will allow businesses to showcase their entire Shop within the messaging app, giving shoppers another way to find relevant products, and connect with the business for more information. This could boost businesses' revenues since WhatsApp has a huge user base.
Businesses will only need to set up their shop once to have it work across Facebook, Instagram, and WhatsApp.
Facebook is also bringing Shop listings to Marketplace thus providing more ways for brands to connect with interested shoppers.
It is a great week for technology as two tech giants reach the I Billion users mark. Google announced that Gmail, its email service had 1 billion monthly active users. Gmail joined the list of other Google platforms that have also gathered 1 billion users namely, Google Search, Android, Chrome, YouTube et.al. Gmail had hit the 900,000 user mark sometime before May 2015.
This was followed by Facebook’s announcement that WhatsApp had reached the 1 billion mark. This meant that the WhatsApp figures had more than doubled since Facebook acquired it two years ago. The announcement came after WhatsApp announced that it would be made completely free and remain ad free. An overjoyed Mark Zuckerberg took to Facebook to share his joy in a post that read:
“One billion people now use WhatsApp. Congr
SAN FRANCISCO — Facebook shares shot up 12% after the giant social network said it earned 79 cents a share on revenue of $5.84 billion in the fourth quarter, easily topping Wall Street estimates. Facebook's dominance in mobile advertising helped to allay Wall Street concerns over its heavy investments in messaging service WhatsApp and virtual reality unit Oculus, which have not yet generated profits.
Chief Executive Mark Zuckerberg, who returned from two months of paternity leave on Monday, has said virtual reality represents the next major computing platform. The company has also begun monetizing some of its other units, such as photo-sharing app Instagram, which surpassed 400 million users last year and began selling ads in September. Facebook said mobile ads accounted for 80 percent of
When you joined WhatsApp, there was a reminder that you would be enjoying it for free for a year after which you would be forced to pay a subscription fee of about 0.99$ per year. If you cleared your application data and logged back in to your WhatsApp account, there was a reminder of how long you had to enjoy that service. This however, is no more after the move announced by Mark Zuckerberg to make WhatsApp completely free. While the generous and magnanimous move has pleased most of us, there is that nagging suspicion that there is a catch. Of course there is.
One of the greatest joys that came with WhatsApp was the ability to hide from ads. On WhatsApp you aren’t hounded by thousands of irritating pop up ads. A lot of us thought that that might be the reason why you have to pay for Wh
Facebook has launched the Internet.org Innovation Challenge in Africa.
According to the social media company, this is with the aim of recognising developers and entrepreneurs who are using the internet to improve the standard of education and economic health in their communities. Developers across Africa are invited to enter the challenge.
Facebook has prepared to present an Innovation Challenge Award of US $150,000 to the app, website or service judged to be the best in two categories: learning/education and economic empowerment. Each Innovation Challenge Award winner will also receive a package of tools and services worth up to $60,000 from Facebook’s FbStart program. Two apps, websites or services in each category will receive an Impact Award prize in the amount of $50,000.
Sandvine has released its latest Global Internet Phenomena report, which revealed what people use their broadband services for. According to the report, Africa is a region with potential for growth, but few understand what the traffic composition in the region is.
“Thanks to being deployed in over 20 networks in the region, Sandvine is able to publish mobile usage statistics for a third straight year,” the company said
In North America, mobile Internet traffic is dominated by YouTube and Facebook says Sandvine. YouTube accounts for nearly 20 percent of all mobile traffic, and Facebook tops 16 percent.
In Africa, for instance, in terms of mobile traffic, the continent’s most dominant service is a tool that many in the US haven’t even heard of: WhatsApp.
WhatsApp is the smartphone messagi
For nearly the past four months, Facebook has had a live-streaming service that’s sought to rival what Periscope, Ustream, or YouTube offer. But the service has been limited to celebrities and those with verified profiles. Now, the social networking company has revealed that it’s testing its live video offering with more people.
Facebook hasn’t given a time frame for releasing this feature to the general public, but it’s not an easy thing to scale, according to a new engineering post. We do know that the company is starting with a “small percentage” of iPhone users within the U.S. If you’re one of the select few, you’ll notice a “Live Video” option in the “Update Status” dialog box within Facebook’s app — you won’t be using Facebook Mentions.
“Building live video for Facebook was a challe
Facebook's growth shows signs of rising daily. Facebook has announced that it has over one billion users on average using it everyday. In August it announced it had passed a milestone of having one billion users on the site in a single day. By the next month that was the average. That's a year-over-year increase of 17 percent. Monthly active users increased by 14 percent to 1.55 billion as of the end of September, an increase of 14-percent from the year before. Meanwhile the company continues to see a majority (78-percent) of its ad revenue come from mobile. In the earnings statement CEO Mark Zuckerberg stated, "we're focused on innovating and investing for the long term to serve our community and connect the entire world." Reports by Roberto Baldwin
Facebook reported earnings on Wednesda...
Social media giant Facebook will help communities living in remote regions in Africa, in the sub-Saharan region access fast internet connectivity using an Israeli satellite.
Announcing the new development, Facebook founder Mark Zuckerberg said he was partnering with Eutelsat, a European satellite operator, to connect millions of people in sub-Saharan Africa with internet.
Satellite networks are well suited to economically connect people in low to medium density population areas. The AMOS-6 satellite, built by the Israel Aerospace Industries, will be ready for launch next year, according Zuckerberg.
"We are going to work with local partners across the regions to help communities begin accessing internet services provided through the satellite," said Mr Zuckerberg. Read mor...
Even as Net neutrality continues to kick up much dust, a top official of internet.org -- Facebook's free mobile Internet service -- has said Airtel is planning to roll it out in more African countries next month, reports Business-Standard
"We have a strong partnership with Airtel and we continue to roll out internet.org with Airtel throughout Africa. With Airtel, we will be rolling it out in more countries after this month," internet.org Vice-President Chris Daniels told PTI in an interview.
Airtel was the first operator to launch this service in Zambia and later expanded it to three more African countries. It did not comment on a query sent in this regard.
Through internet.org, mobile users can access websites available on the platform for free.
Even the websites are not required to...
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