Tag: Facebook

Facebook Virtual Reality Meeting App

Facebook Virtual Reality Meeting App

Business, Internet, Technology
Facebook has launched a test of a new virtual-reality remote work app where users can hold meetings as avatar versions of themselves. This app aims at reinventing virtual office spaces. It looks like many of us may be working home for even longer than we initially imagined due to Covid 19 pandemic. Facebook has invested heavily in virtual and augmented reality, developing hardware such as its Oculus VR headsets, working on AR glasses and wristband technologies, and buying a bevy of VR gaming studios, including BigBox VR. The company predicts that this will be the next big computing platform. This will allow it to be less reliant in the future on other hardware makers, such as Apple, the company has said. To get started inside Horizon Workrooms you'll need to buy an Oculus VR h...
Facebook Announces the next stage of its e-commerce push.

Facebook Announces the next stage of its e-commerce push.

Internet, Mobile, social media, Technology
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. Z...
Instagram set to launch a TikTok clone called Reels

Instagram set to launch a TikTok clone called Reels

Internet, social media, Technology
Instagram has confirmed it will launch a TikTok clone called Reels early August in the U.S. and as many as 50 other countries. Reels has already launched in India and being tested in Brazil, Germany and France. The feature is Instagram’s attempt to recreate the short musical video format that thrives on TikTok. Reels will let users record and edit 15-second video clips set to music, or users will be able to reuse audio from another person’s video, as is commonly done on TikTok. Reels also includes editing tools including a countdown timer and the ability to adjust the video’s speed. Why Reels Is Likely To Be A Hit Likely integrations with Instagram and Facebook will jump-start Reels adoption. Recent Facebook and Instagram music licensing deals – for the most part missing on TikT

Tech Milestone as Both WhatsApp And Gmail Reach The 1 Billion Users Mark

Mobile, social media
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

Facebook shares soars by 12% after introducing mobile ad sales

Mobile, social media
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

WhatsApp Is Now Free; How Businesses Stand To Gain

social media
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 Launches Africa Internet.org Innovation Challenge

Internet, Mobile, social media
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. Prizes 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.

WhatsApp dominates Africa’s mobile traffic

Internet, Mobile
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

Facebook launches live broadcasting to select non-verified U.S. users

social media, Startups
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 now hits 1 billion daily active users

Internet, Mobile, social media
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...