Facebook

Facebook upgrades its AI to better tackle COVID-19 misinformation and hate speech

Facebook upgrades its AI to better tackle COVID-19 misinformation and hate speech

Facebook’s AI tools are the only thing standing between its users and the growing onslaught of hate and misinformation the platform is experiencing. The company’s researchers have cooked up a few new capabilities for the systems that keep the adversary at bay, identifying COVID-19-related misinformation and hateful speech disguised as memes. Detecting and removing misinformation […]

Facebook and Instagram launch a week of grad-themed events and features

Facebook and Instagram launch a week of grad-themed events and features

Facebook today revealed its plans to celebrate the 2020 graduates this week across both Facebook and Instagram. The series of events, starting today on May 11, will include the company’s previously announced plans to air a virtual graduation ceremony on May 15, featuring celebs like Oprah Winfrey, Awkwafina, Jennifer Garner, Lil Nas X, Simone Biles […]

India’s logistics aggregator Shiprocket raises $13M to expand overseas

India’s logistics aggregator Shiprocket raises $13M to expand overseas

Shiprocket, a New Delhi-based logistics aggregator that works with direct-to-consumer sellers including several social media influencers, has raised $13 million in a new financing round as it looks to expand its platform overseas. Silicon Valley-based investment firm Tribe Capital led Shiprocket’s Series C financing round. Innoven Capital and existing investor Bertelsmann India Investments also participated […]

This early Facebook investor wants to find smart students a job at the next Facebook

This early Facebook investor wants to find smart students a job at the next Facebook

For many college seniors, school is a time for self-exploration, considering options, leisurely contemplating the future. Yet that’s rarely the case for computer engineering students who either attend the world’s best universities or rise to the very top of their classes. Almost immediately after choosing their courses during the first week of school, they typically […]

Vista Equity Partners to invest $1.5B in India’s Reliance Jio Platforms

Vista Equity Partners to invest $1.5B in India’s Reliance Jio Platforms

Private equity firm Vista Equity Partners said on Friday it will invest $1.5 billion in Reliance Jio Platforms, joining social conglomerate Facebook and Silver Lake that have also made bets on the Indian telecom giant in recent weeks. The planned announcement, which would give the U.S.-headquartered software-focused buyout firm Vista Equity Partners a 2.32% stake in […]

Poynter Institute launches WhatsApp chatbot to debunk coronavirus-related hoaxes

Poynter Institute launches WhatsApp chatbot to debunk coronavirus-related hoaxes

You can now debunk thousands of coronavirus-related hoaxes with a few texts on WhatsApp . Poynter Institute, a non-profit organization that supports journalism, today launched a bot on the Facebook -owned service that will allow people across the globe to debunk over 4,000 hoaxes surrounding the pandemic such as whether the infectious disease originated in […]

Facebook stock spikes despite ‘significant reduction’ in demand for ads

Facebook stock spikes despite ‘significant reduction’ in demand for ads

The coronavirus pandemic is significantly slowing the growth of Facebook’s ads business, but investors seem pleased with the company’s performance in Q1 after Facebook released its earnings report Wednesday. The company beat Wall Street expectations on revenues, sharing that they had made $17.74 billion while falling short on earnings per share at $1.71. The company […]

The lockdown is driving people to Facebook

The lockdown is driving people to Facebook

The quarantine lockdown is driving a record number of users to Facebook’s products. On a conference call, CEO Mark Zuckerberg disclosed a number of new metrics highlighting a significant bump in Facebook usage during the broader quarantine lockdown. In the past month, more than 3 billion internet users logged onto a Facebook service, including its […]

1 28 29 30 31 32 148