Facebook Inc is developing a voice assistant who will compete with Alexa from Alexa.com Inc and Siri from Apple Inc, CNBC reported. The move is coming out of the company's augmented reality and virtual reality group, a division that works on hardware, including the company's virtual reality Oculus headsets, the CNBC report said. Armenia News - NEWS.am ! This text available in Հայերեն and Русский Print … [Read more...] about Facebook Inc launches new voice assistant
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Facebook Inc. is working on a stable coin, a type of digital currency pegged to the US dollar that will let customers transfer money on the social network’s WhatsApp messaging service, and the social media giant focused primarily on the Indian remittance market, according to sources cited by Bloomberg. The global goal of the venture is to reduce volatility, according to people who preferred to be unnamed. Facebook is reportedly engaged in full-fledged work on the strategy, including a plan for custody assets, or conventional currencies that are to support the stable coin. © AP Photo / Paul SakumaSuccessful Lawsuit Against Facebook to Trigger Other Lawsuits – Media Lawyer India appears to be a priority region for Facebook, since the company’s encrypted mobile-messaging app is wildly popular there, as it boasts about 200 million users, with over 480 million … [Read more...] about Facebook Working on Cryptocurrency for WhatsApp Transactions – Reports
The attorney general for Washington, D.C., said on Wednesday the U.S. capital city had sued Facebook Inc for allegedly misleading users about how it safeguarded their personal data, in the latest fallout from the Cambridge Analytica scandal. The case joins several legal and regulatory proceedings that threaten to hit Facebook with significant penalties and increase its operating costs. Authorities and consumer advocates have questioned whether Facebook's efforts on security, content moderation and cultural diversity have kept pace with the social responsibility it should have for its services, including WhatsApp and Instagram, which are essential communication tools for more than 2 billion people each month. The world's largest social media company has drawn global scrutiny since disclosing earlier this year that a third-party personality quiz distributed on Facebook gathered profile information on 87 million users worldwide and sold the data to British political consulting firm … [Read more...] about Facebook sued by Washington DC following Cambridge Analytica scandal
Jefferson Graham USA TODAY Published 4:15 PM EST Dec 19, 2018 April Farren would love to quit Facebook, she really would. But she's done it before, and it didn't work out so well. "I didn't get invited to anything anymore," says Farren, 45, a single mom who works in IT near Austin. "In my town, everybody has their calendars integrated with Facebook, and it's the hub of your entire social interaction. If I'm not on Facebook, I'm gone. I had to go back." Farren was upset about the various data breaches and back-pedaling of bad news from the social network, and she, along with many consumers are still furious with Facebook's endless array of apologies this year. The avalanche began in March when Facebook admitted that a rogue app developer, Cambridge Analytica had shared personal data of 87 million Facebook users, and continued through the year. In September, Facebook said accounts of nearly 50 million users were breached, in December the social network … [Read more...] about Facebook’s really bad 2018 can only improve in 2019, right?
174 Comments By Newley Purnell and Newley Purnell The Wall Street Journal BiographyNewley Purnell @newley newley Google+ [email protected] Tripp Mickle Tripp Mickle The Wall Street Journal BiographyTripp Mickle @trippmickle [email protected] Dec. 18, 2018 10:20 a.m. ET Auto rickshaws drive past Apple iPhone X ads in Mumbai. Photo: francis mascarenhas/Reuters NEW DELHI—Amit Rajput, who runs a counter selling iPhones in a busy electronics shop here, cuts a lonely figure. He is lucky to sell one device a day, compared with the 10 or more smartphones his colleagues at desks for Samsung Electronics Co. , Nokia Corp. and China’s Oppo sell daily in the same store. As customers walk past his display, he recalls a different time in 2013 when he sold as many as 80 iPhones a day. Now most people want to pay less than $300 for their devices—a fraction of what Apple Inc.’s AAPL 1.30% newer models cost. Smartphone makers, facing … [Read more...] about ‘It’s Been a Rout’: Apple’s iPhones Fall Flat in World’s Largest Untapped Market