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Op-Ed: What if Amazon, Google and Facebook enter financial services?

Sydney - It’s not as weird an idea as it might look at first glance. These are high capital, high cashflow companies. They can muscle their way in to the financial services sector with ease. The question is, what would it do to the market?

Facebook expanding its Craigslist-rival to include businesses

Facebook is planning a large expansion of its Marketplace feature that will see more kinds of product added to the tab. The company is positioning Marketplace as a rival to Craigslist. The changes will also bring it into closer rivalry with eBay.

Van Gogh goes virtual as 'Sunflowers' unite via livestream

Den Haag - Five versions of Vincent van Gogh's masterpiece painting "Sunflowers" will be united across three continents for the first time on Monday via a consecutive livestream feed, the Van Gogh museum in Amsterdam has said."On Monday...

Facebook discretely fields China photo-sharing app

San Francisco - Facebook's interest in China has led it to discretely create a photo-sharing application released there without the social network's brand being attached.

Facebook bans 'cloaking' as it cracks down on scams

Facebook has announced it's taking steps to combat the rise of "cloaking" on its platform. The practice refers to a popular deception technique where scammers disguise a link to their website as a genuine News Feed post, fooling Facebook's moderators.

How CEO Evan Spiegel could copy Mark Zuckerberg

To save Snap's stock from falling further, CEO Evan Spiegel could turn the tables and copy Facebook's Mark Zuckerberg. About five years ago, Facebook was in a similar position as Snap is in now.

Facebook Stories are forcing their way to your desktop

Facebook has begun testing its ephemeral Stories feature on its main desktop website. The company is including Stories as a box to the right of the central page content. However, it faces an uphill challenge as resistance to the feature remains very high.

Facebook's News Feed to penalise slow-loading websites

Facebook has announced it's tweaking its News Feed algorithms so faster loading webpages rank above slower alternatives. The company said it's based on research that users want content to appear quickly but the change could unduly penalise some sites.

Facebook acquires AI startup Ozlo to boost Messenger bots

Facebook has acquired Ozlo, a conversational AI service launched in October 2016. The company's platform offers rich intelligence capabilities that can interpret the meaning of textual conversations, making it a clear fit for Facebook's Messenger.

Facebook embarks on aggressive strategy to monetise Messenger

Facebook is planning to use its Messenger mobile chat service to attract advertisers away from purchasing banner ads on websites. The company wants to monetise conversations, showing you ads between messages that it believes will increase engagement.

Facebook might be reviving Google's failed modular smartphone

Facebook appears to be secretly working on a modular smartphone that could be akin to Google's failed Project Ara experiment. The company has filed a patent for a "modular electromechanical device" that would offer replaceable hardware.

Huge growth in mobile video to push ad market to $18bn in 2018

The continued trend towards mobile video is expected to increase spending on adverts for the format by 49 percent in 2018. It will push the total value of the market above $18 billion while causing a decline in the spending on desktop video ads.

Google launches a Facebook-style news feed for your interests

Google has announced a new mobile app feature that surfaces articles that may be relevant to you. Called Feed, the feature has drawn comparisons with Facebook's News Feed. It's part of Google's ongoing efforts to become a destination, rather than a tool.

Snap shares fall below $15 after underwriters downgrade stock

Snap's stock hit a new all-time low today as it fell to just $15 per share. Investors are increasingly anxious that Snapchat won't be able to sustain its meteoric growth as the competition from apps like Facebook and Instagram steps up.

Facebook reportedly planning a much cheaper VR headset for 2018

Facebook-owned Oculus VR plans to release a much cheaper virtual-reality headset priced at roughly $200 in 2018, according to a new report from Bloomberg.

Facebook adds livestreaming to its Spaces virtual reality app

Facebook has announced it's rolling out livestreaming video support to its Spaces VR app. The app lets you meet with friends in a virtual space, opening the door to collaborative VR. You can now share live video from VR to your Facebook friends.

Facebook to bombard 1.2 billion Messenger users with gigantic ads

Facebook has announced it is commencing the global rollout of Messenger adverts. Facebook has previously left Messenger out of its ad network but now the potential revenue to be made from its 1.2 billion users has proved irresistible.

Facebook building its own Houseparty clone to disrupt live video

Facebook is reportedly building its own live video chat app. It's an attempt to capture the attention of young audiences who often communicate in groups. The company is said to be planning a clone of popular group video app Houseparty called Bonfire.

Facebook successfully tests drone to improve Internet access

Phoenix - With the aim of bringing the Internet to remote parts of the world, Facebook has successfully tested out a solar powered drone called Aquila.

Study finds most people don't want to see friends' holiday photos

Aviva, an insurance company based in the United Kingdom, conducted survey about sharing vacation photos via Facebook. It turns out most users don't want to see their 'friends' vacation photos.

Facebook states its commitment to stamping out 'all' hate speech

Facebook has explained how it responds to and removes hate speech while moderating its network. The company outlined how it defines hate speech and treads the fine line between thwarting abuse and censoring the right to free speech.

Facebook hits two billion user mark

San Francisco - Facebook said Tuesday it now counts two billion active monthly users, as the social giant's founder Mark Zuckerberg highlighted his new mission -- not just connecting people, but helping them find common ground.

Facebook reaches two billion users milestone

Facebook has announced it has passed the two billion user mark, affirming its status as the largest social network on the planet. The company said it's an "honour" to have reached the milestone and unveiled a personalised celebratory video for each user.

US tech giants join forces against terror content

San Francisco - Facebook, Microsoft, Twitter and YouTube announced Monday the launch of an anti-terror partnership aimed at thwarting the spread of extremist content online.

Facebook Messenger video chats get animated masks and filters

Facebook has released a new update for Messenger that adds a slew of features around video chats. The company has brought its filters and masks for photos to video content too, drawing more parallels with rival Snapchat.

Facebook launches plan to combat online extremism

London - US social media giant Facebook launched a campaign in Britain on Friday to counter the spread of online extremism following warnings from Prime Minister Theresa May after four terror attacks in three months.

Facebook announces profile picture changes to help you stay safe

Facebook has announced a set of new safety features related to profile pictures that are designed to give users peace of mind over how their images are used. The options are based on feedback from Indian users and are currently limited to the country.

Spotify lets you build playlists with your Facebook friends

Spotify has announced a new integration with Facebook Messenger that lets you and your friends create music playlists with the bot. Designed for use on social occasions like parties, it lets anyone add to the playlist to create the perfect soundtrack.

Sex offenders cannot be barred from social media: top US court

Washington - The US Supreme Court on Monday unanimously struck down a North Carolina law that barred registered sex offenders from using social media.

Facebook explains how it uses AI to catch terrorists online

Facebook has publicly detailed its approach to combatting terrorism on its platform. The company addressed recent criticism it has received in the wake of terrorist attacks, stating "there's no place" on Facebook for terror and hate.
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Facebook augmented reality features
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Using Facebook on a mobile phone
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Oculus chief scientist Michael Abrash at the F8 summit
Oculus chief scientist Michael Abrash at the F8 summit
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Facebook Live in Spaces
Facebook Live in Spaces
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Screen capture of share on Facebook
Screen capture from Facebook
How Dwight D. Eisenhower s 2012 campaign might have looked - the  Ike  button.
How Dwight D. Eisenhower's 2012 campaign might have looked - the 'Ike' button.
Facebook augmented reality features
Facebook augmented reality features
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Facebook HQ
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Facebook Messenger reached 1 billion monthly active users on 20/07/2016
Facebook Messenger reached 1 billion monthly active users on 20/07/2016
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Facebook app login page on a smartphone
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Mark Zuckerberg, Facebook founder and CEO.
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Facebook founder Mark Zuckerberg
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Facebook Live for Android
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Facebook celebrates its IPO on the Nasdaq
Facebook celebrates its IPO on the Nasdaq
Courtesy Nasdaq livestream
Facebook Events is getting a substantial update soon
Facebook Events is getting a substantial update soon
Engadget
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Secret conversations in Facebook Messenger
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