Donald Trump Backs Oracle in Google Vs Oracle Legal Battle

Here are today’s Top 5 News & Events from Around the World. Take a look! 5 Google Vs Oracle: Trump Administration backs Oracle in Fight against Google It seems in the long drawn battle between Google and Oracle, Trump has chosen to back up the latter to garner much needed corporate support for…

ByGirish ShettiFebruary 21, 20200Comments

Funding News

Facebook bets on Social Commerce Startup Meesho

Social commerce startup Meesho has achieved a funding milestone that may become its strong USP for future. No, it hasn’t become the latest entrant in the rapidly expanding galaxy of unicorns. Its latest achievement makes for far more interesting reading than mundane news of yet another Indian startup earning the unicorn crown. Meesho has become…

ByGirish ShettiJune 14, 20190Comments

News

Facebook axed more than 3 Billion Fake Accounts During Last Six Months

Facebook’s quest against the menace of fake news is yielding pretty handsome fruits. The online social media giant on Thursday said that it deactivated more than 3 billion fake accounts between October and March. The platform also managed to remove seven million ‘hate speeches posts,’ which is a record-breaking number. Image Credits: Flickr Jeremiah Owyang Facebook succeeded…

ByGirish ShettiMay 24, 20190Comments

News

Zuckerberg says He isn’t ‘Going Anywhere’ amid calls for his Resignation

An embattled Mark Zuckerberg appeared on CNN on Tuesday evening for an exclusive interview as he desperately tried to stem off the rumors about his resignation. Zuckerberg without mincing any word categorically said that his resignation is certainly not on the cards. "I'm not going to be doing this forever, but I'm not currently thinking that…

ByGirish ShettiNovember 21, 20180Comments

News

Facebook Partially Revokes ban on Cryptocurrency ads

Facebook does u-turn on Cryptocurrency ad ban. In a surprise move, Facebook has announced that it has revoked ban on cryptocurrency advertisements. However, the ban has been only partially lifted as ads related to ICOs and binary options will continue to face prohibition. Announcing about revocation of the ban, Facebook’s newly revised prohibited products and services policy…

ByGirish ShettiJune 28, 20180Comments

News

Facebook is gearing for e-commerce debut with B2C transactions: Report

Facebook is preparing for e-commerce debut with B2C transactions. After receiving a lukewarm response for its C2C marketplace last year, Facebook is now testing the waters in India’s e-commerce sector by soon launching the B2C transactions. According to people familiar with the matter, the social media giant has already initiated discussions with several established brands to…

ByGirish ShettiMay 7, 20180Comments

News

Facebook Co-founder backs online Packaging Startup Bizongo

Facebook Co-founder pumps funds in online packaging startup Bizong. Bizongo, a B2B online marketplace for packaging materials, has found a new high profile backer in the form of B Capital, which is owned by Facebook’s co-founder Eduardo Saverin. B Capital along with International Finance Corporation (IFC) led $22 Mn Series B funding round in Bizongo on…

ByGirish ShettiMay 3, 20180Comments

News

Facebook Imposes Ban on ads on Cryptocurrencies and Initial Coin Offerings

Facebook announces ban on ads on Cryptocurrencies and Initial Coin Offerings. Social media giant Facebook on Tuesday announced that it will ban all advertisements related to Cryptocurrencies and initial coin offerings. With this ban, Facebook has joined the global crusade to rein on the cryptocurrency trading. The announcement was made by Rob Leathern, product management director…

ByGirish ShettiJanuary 31, 20180Comments

News

Facebook Announces More Investment for France AI Research Center

Facebook Announces More Investment for Paris AI Research Center. Facebook has disclosed that it plans to invest around €10 million ($12.3 million) in its artificial intelligence (AI) center located in the French Capital Paris. The move is the latest sign of social media giant’s growing confidence about France’s ability to deliver in AI technology. Facebook said that…

ByGirish ShettiJanuary 22, 20180Comments

News

Facebook Mulling Aadhaar Prompt to Take on Fake Accounts: Report

Facebook starts testing Aadhaar based feature on its mobile site. Today Government of India is receiving lot of flaks from all quarters for making mandatory to connect Aadhaar Card with almost every damn thing. However, the social media giant Facebook seems to have not paid any heeds to this. It is currently busy testing an Aadhaar-based feature…

ByGirish ShettiDecember 27, 20170Comments

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