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Facebook News to launch in the UK next January
Dec01

Facebook News to launch in the UK next January

Image Credit: The Verge Facebook News is set to launch in the UK next January as the social media giant finalizes plans to pay publishers for some articles, the BBC reports. The feature which has already made its debut in the US, will be added as a dedicated news tab on the Facebook app. The essence of paying publishers for their content is to give originality a priority. This will probably solve the age-long problem of content theft,...

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Facebook to acquire Kustomer to streamline customer service queries
Dec01

Facebook to acquire Kustomer to streamline customer service queries

Facebook is set to acquire Kustomer, a customer service automation platform. It will offer more tools for businesses to manage customer queries via direct message. Kustomer uses AI to detect customer queries. Then it responds automatically based on context or reroutes messages to human service agents. “Our chatbots enable end-to-end resolution across chat, social and messaging applications to handle repetitive conversations and...

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Facebook to launch Libra as a single stablecoin
Nov28

Facebook to launch Libra as a single stablecoin

Image Credit: Fortune Facebook’s Libra cryptocurrency could hit the market as early as January 2021. Already faced with mounting legal and administrative hurdles, the coin could hit the scene as a single stablecoin. This is contrary to an earlier announcement made by the Libra Association, a consortium co-founded by Facebook that Libra will be launched to create multiple digital “stablecoins” of flat currencies including the dollar,...

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Facebook and Google to face tougher competition rules in the UK
Nov27

Facebook and Google to face tougher competition rules in the UK

Image Credit: CNN Google and Facebook will have to abide by new competition rules from next year in the UK. This is aimed at curtailing the dominance of the two tech giants and to the advantage of smaller firms. The code which is expected to come into effect by 2021, will be enforced by a dedicated unit within the Competition and Markets Authority [CMA], Aljazeera reports. The CMA, which seeks to checkmate the dominance of bigger...

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Facebook, BBB to educate online shoppers about potential scams
Nov25

Facebook, BBB to educate online shoppers about potential scams

Facebook is shifting towards ecommerce. And it entails taking care of issues about deceptive ads, payment disputes and scammers—those ones that need the BBB to intervene. As the holiday shopping season is imminent, Facebook has announced a new partnership with the Better Business Bureau to give online shoppers more information about potential scams. And they will also educate buyers what they can do to protect themselves and...

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Facebook hit with a $6.1 million fine in South Korea
Nov25

Facebook hit with a $6.1 million fine in South Korea

Image Credit: News Week Facebook has been slammed with a $6.1 million fine by the South Korean Personal Information Protection Commission [PIPC]. Facebook was asked to pay the fine for sharing user information without consent. The fine is a fallout of an investigation initiated by the Korea Communications Commission [KCC] in 2018 before it was handed over to the PIPC a couple of months ago, Yonhap News reports per Engadget. Following...

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