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Facebook makes education push in India

Facebook makes education push in India

Facebook, which reaches more users than any other international firm in India, has identified a new area of opportunity to further spread its tentacles in the world’s second largest internet market. On Sunday, the social juggernaut announced it had partnered with the Central Board of Secondary Education, a government body that oversees education in private […]

Facebook expands its fan subscription program

Facebook expands its fan subscription program

Facebook is expanding the availability of the tools it offers to help game streamers and other online creators make money. The social network first launched fan subscriptions in early 2018, giving a small group of creators in the United States and the United Kingdom the ability to charge their fans a $4.99 monthly fee for […]

Facebook is shutting down Lasso, its TikTok clone

Facebook is shutting down Lasso, its TikTok clone

Facebook is no longer betting on Lasso, an app it launched a year and a half ago, to take on TikTok . The social juggernaut’s TikTok clone is shutting down on July 10, Lasso alerted users on Wednesday. Launched in late 2018, Lasso was seen as Facebook’s answer to TikTok that’s gained ground with young users, […]

Instagram’s latest test puts all Stories on one page

Instagram’s latest test puts all Stories on one page

Instagram Stories has grown to become one of Facebook’s best products to date. As of last year, roughly half of Instagram’s users — or 500 million people — were interacting with Stories on a daily basis. That’s nearly double the entire daily active user base of all of Snapchat, which first popularized the Stories format. […]

Facebook launches Avatars, its Bitmoji competitor, in India

Facebook launches Avatars, its Bitmoji competitor, in India

Facebook Avatars, which lets users customize a virtual lookalike of themselves for use as stickers in chat and comments, is now available in India, the social juggernaut’s biggest market by user accounts. The American firm said Tuesday it had launched Avatars to India as more social interaction moves online amid a nationwide lockdown in the […]

Daily Crunch: Facebook faces an advertiser revolt

Daily Crunch: Facebook faces an advertiser revolt

Facebook takes (small) steps to improve its content policies as advertisers join a broad boycott, founder Alexis Ohanian is leaving Initialized Capital and Waze gets a new look. Here’s your Daily Crunch for June 29, 2020. 1. As advertisers revolt, Facebook commits to flagging ‘newsworthy’ political speech that violates policy In a live-streamed segment of […]

Brazil suspends WhatsApp’s payments service

Brazil suspends WhatsApp’s payments service

Brazil, the second largest market for WhatsApp, has suspended the instant messaging app’s mobile payments service in the country a week after its rollout in what is the latest setback for Facebook. In a statement, Brazil’s central bank said it was taking the decision to “preserve an adequate competitive environment” in the mobile payments space […]

India approves Facebook’s $5.7 billion deal with Reliance Jio Platforms

India approves Facebook’s $5.7 billion deal with Reliance Jio Platforms

India’s antitrust watchdog has given its blessing to Facebook and Reliance Jio Platforms for their $5.7 billion deal. In a statement on Wednesday, the Competition Commission of India said it had approved Facebook’s proposed multi-billion-dollar investment in Jio Platforms for a 9.99% stake in the top Indian telecom network. Jaadhu Holdings LLC, a wholly owned […]

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