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Facebook Inks Agreement With 17 Universities to Streamline Research

Facebook Inc’s hardware development division on Wednesday announced a new partnership with Harvard, Princeton and 15 other universities intended to allow swifter collaboration on technology research projects. The agreement between Facebook’s Building 8 and the universities comes as the social media company seeks to find new revenue streams in virtual reality and artificial intelligence, after the company signalled last month it had begun to hit some advertising growth limits on its network of 1.8 billion monthly active users. Research partnerships between universities and companies typically take nine to 12 months…

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Twitter Says ‘Technical Error’ in Android App Affected Video Ad Campaigns

Twitter has said that it recently discovered a technical error due to a product update to Android clients that impacted some video ad campaigns from November 7 to December 12. “The issue has been fixed but we wanted to share more details on what the impact was to our advertising partners,” a blog post from Twitter read. The company said that once they discovered the issue, they resolved it and communicated the impact to affected partners. “Given this was a technical error, not a policy or definition issue, we are…

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Facebook, Google, Twitter Deliberately Fail to Tackle Terrorism: British Panel

In the first-ever widespread criticism of US technology giants and social media platforms, the British Home Affairs select committee has slammed the internet behemoths of becoming a “recruiting platform for terrorism” and “passing the buck”. Led by Keith Vaz, the British parliament’s longest-serving Indian-origin MP, the panel rapped Facebook, Twitter, Google and YouTube, saying the companies were deliberately failing to stop terrorists from using their platforms to promote their sinister agenda, The Telegraph reported on Thursday. “Huge corporations like Google, Facebook and Twitter, with their billion-dollar incomes, are consciously failing…

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Indian Tourists at Greater Cyber Fraud Risk Abroad: Study

More than one out of three Indians – 36 percent – share personal data or sensitive information using public Wi-Fi while travelling which can lead to data stealing, a study by Intel Security revealed on Tuesday. The ‘Digital Detox: Unplugging on Vacation’ study was conducted across 14 countries (including India) with 14,000 people to understand consumer behaviour when travelling. With 36 percent, India leads the pack when it comes to sharing information online. “Through this survey, we wanted to raise awareness about the need to adopt safe digital habits and…

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Facebook CEO Says Group Will Not Become a Media Company

Facebook will not become a media company, its founder and CEO Mark Zuckerberg said on Monday, telling students the firm would remain a technology platform. An increasing number of users are turning to social media networks, such as Facebook and Twitter, to find their news, but Zuckerberg said his firm had no ambitions to become a content provider. “No, we are a tech company, not a media company,” said Zuckerberg, after a young Italian asked him whether Facebook intended to become a news editor. While acknowledging the role Facebook has…

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Twitter to Share Ad Revenue on Videos by US Users

  Twitter Inc on Tuesday stepped up its battle to attract video talent to its platform, saying it will allow US users who upload a video to share in any advertising revenue it generates. Twitter, Facebook, Snapchat and YouTube are all competing to keep or recruit top video talent as they seek to cash in on the wave of televison-style advertising that has been moving to the internet. Twitter already offers revenue sharing to media and entertainment companies such as CBS Corp and the National Football League which post videos…

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