Facebook kills Snapchat-like app it released last year for users under 21

Facebook has shut down its standalone social networking app Lifestage that it released a year ago for high schoolers, media reports said. Not many people know about this Snapchat-like app as only users aged 21 or younger could sign up for it. According to a report in the Business Insider on Tuesday, Lifestage was intended… Continue reading Facebook kills Snapchat-like app it released last year for users under 21

Paytm to launch messaging service to counter Facebook’s WhatsApp: Sources

India’s leading digital payments firm Paytm plans to launch a messaging service to rival Facebook Inc’s WhatsApp by the end of this month, a source familiar with the matter said on Tuesday. SoftBank and Alibaba-backed Paytm is seeking to attract people in India to use the new messaging service embedded in its app, which many… Continue reading Paytm to launch messaging service to counter Facebook’s WhatsApp: Sources

Facebook shuts down AI system after creating its own language

Days after Tesla CEO Elon Musk said that artificial intelligence (AI) was the biggest risk, Facebook has shut down one of its AI systems after chatbots started speaking in their own language defying the codes provided. According to a report in Tech Times on Sunday, the social media giant had to pull the plug on… Continue reading Facebook shuts down AI system after creating its own language

NSE IFSC to launch F&O contracts in Apple, Alibaba and Facebook

NSE IFSC Ltd will launch single derivative contracts in 15 global stocks, including giants like Apple Inc, Facebook and Alibaba, as also trade in three additional currencies, including Swiss franc and the US dollar. In a circular, the exchange announced introduction of these new contracts with effect from July 24. The new currency pairs also… Continue reading NSE IFSC to launch F&O contracts in Apple, Alibaba and Facebook

Real reason why you can’t quit Facebook – It lets you be a ‘silent watcher’

Facebook recently announced that it now has over 2 billion monthly users. This makes its “population” larger than that of China, the US, Mexico and Japan combined. Its popularity, and with it the influence it has in society, is beyond dispute. But for many the experience of actually using the site fluctuates somewhere between the… Continue reading Real reason why you can’t quit Facebook – It lets you be a ‘silent watcher’

Excessive Facebook users likely to be sad, unhealthy: Study

People who check their Facebook profile more often are likely to be sad and unhealthy as compared to those who use the popular social networking site sporadically, a new study warns. Researchers, including those from University of California, San Diego (UCSD) in the US, used data from 5,208 people about their Facebook use between 2013… Continue reading Excessive Facebook users likely to be sad, unhealthy: Study

This startup solves a problem common to Netflix, Facebook, and Baahubali

A hacker shared 10 upcoming episodes from season 5 of Orange is the New Black on Pirate Bay, after failing to extort money from Netflix. Facebook has tweaked its rights manager to help video content owners automatically block pirated content and even get the ad revenue from it. And in India, climactic scenes of new… Continue reading This startup solves a problem common to Netflix, Facebook, and Baahubali