Facebook may actually benefit adult mental health

It is a common belief that using social media platforms can adversely affect people’s mental health, but new research has shown that using these networking sites can reduce an adult’s risk of experiencing depression or anxiety. Social media may improve the mental health of adults by helping them maintain social relationships, new research finds. Facebook’s reputation has sunk in recent years for a variety of reasons, including its role in the 2016 elections and the recent data breach. In addition, studies have suggested that social media can cause psychological distress, loneliness, and depression.…

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[Funding Alert] Facebook debuts startup investment in India with Bengaluru-based Meesho

Meesho, a Bengaluru-based social commerce platform that helps resellers and emerging brands build businesses using social media, has bagged funding of undisclosed amount from social network giant Facebook. This is Facebook’s first investment in an India-based startup, and is a strong demonstration of the company’s commitment to the country’s vibrant internet ecosystem, the Silicon Valley company said in a statement. Founded by IIT Delhi alumni Vidit Aatrey and Sanjeev Barnwal in 2015, Meesho has created an alternate distribution channel by empowering housewives, young mothers, aspiring entrepreneurs, students, and teachers, to launch, build and promote their online businesses…

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Social Media Roundup: Instagram Close Friends, YouTube Stories, Facebook Giving Tuesday Hits $125M

A man holding a smartphone showing the icons for several social media apps (Photo by S3studio/Getty Images) “Social Media Roundup” is a weekly roundup of news pertaining to all of your favorite websites and applications used for social networking. Published on Sundays, “Social Media Roundup” will help you stay up-to-date on all the important social media news you need to know. Facebook Expansion Of Local Section Facebook’s Today In featureFacebook This past week, Facebook announced the expansion of a new local section on Facebook called “Today In.” Facebook is also starting a…

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Facebook, Twitter Pledge to Defend Against Foreign Intrusion

HIGHLIGHTS Both Facebook and Twitter are using AI to combat manipulation Facebook is going after “inauthenticity,” or fake accounts Twitter is focusing on analysing behaviour patterns Facebook and Twitter executives assured Congress on Wednesday that they are aggressively working to root out foreign attempts to sow discord in America, and they pledged to better protect their social networks against manipulation during the 2018 midterm elections and beyond. Facebook’s No. 2 executive, Sheryl Sandberg, and Twitter’s CEO, Jack Dorsey, testified before the Senate intelligence committee in the morning, but there was an empty chair for Google…

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Facebook to Invest $1 Billion in First Asian Data Centre in Singapore

HIGHLIGHTS The data centre is slated to open in 2022 Facebook’s facility will be located in the west of the island Data centre isn’t country specific to where users are located: Facebook Facebook said on Thursday it will invest more than $1 billion (roughly Rs. 7,100 crores) to build its first data centre in Asia in Singapore, slated to open in 2022. Facebook’s facility will be located in the west of the island, near where Google is expanding its Singapore data centres in an $850 million (roughly Rs. 61,000 crores) investment as mobile…

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Facebook Accuses BlackBerry of Stealing Voice-Messaging Tech

HIGHLIGHTS BlackBerry has been sued by Facebook for patent infringement Facebook is seeking damages for infringement of six patents In March, BlackBerry had sued Facebook for infringing on its patents Facebook is suing BlackBerry for patent infringement, escalating the legal battle between the two companies over protected technology. In a 118-page complaint filed Tuesday in San Francisco federal court, Facebook accused BlackBerry of stealing its voice messaging technology, among other patented processes. Facebook is seeking unspecified damages for infringement of six patents. BlackBerry didn’t immediately respond to messages sent outside regular business hours seeking…

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