Connect with us

Tech

Facebook’s latest hire triggers speculation of new TikTok rival

Published

on

With Facebook roping in former Google employee Jason Toff for a key portfolio, speculation is rife about the social networking giant preparing the launch of a serious competitor to the short video-sharing app TikTok.

Toff, who earlier served as the General Manager for Twitter’s short-video sharing service Vine, has joined as Facebook’s Product Management Director to lead the company’s recently formed New Product Experimentation (NPE) team.

“I suppose it’s a good time to share what I’m up to next! In two weeks, I’ll be joining Facebook as a PM Director starting up a new initiative under the recently formed NPE team,” Toff announced on Twitter on Monday.

Announced last week, Facebook’s NPE team is aimed at developing experimental apps for consumers who are still slightly removed from the core Facebook brand.

In Google, Toff worked on Virtual Reality (VR) projects as well as on Google’s in-house Area 120 incubator — which is similar in concept to Facebook’s NPE team, The Verge reported.

While Toff said he could not reveal details of what he is working on, his Twitter post mentioned he is looking to hire a team of UX designers and engineers to work on the project.

The world’s largest social media platform last week announced that it will begin to launch new consumer-focused apps under the developer name “NPE Team, from Facebook.”

“NPE Team apps will be aligned with Facebook’s mission of giving people the power to build community but will focus on shipping entirely new experiences. We decided to use this separate brand name to help set the appropriate expectations with users that NPE Team apps will change very rapidly and will be shut down if we learn that they’re not useful to people,” Facebook said.

Owned by Beijing-based start-up ByteDance, TikTok saw its first-time installs grow about 28 per cent year-over-year for the first half of 2019 to nearly 344 million worldwide despite a two-week ban in India during Q2, revealed an estimate by mobile app intelligence firm Sensor Tower.

source

News

Govt blocks several social media handles circulating fake, inciting content

Published

on

In the midst of the enormous lockdown on contemptuous posts, sources said that the hostile substance actioned related to the counterfeit video of a cupboard instructions, an enlivened phony video showing viciousness against the Prime Minister, and disparaging posts focusing on Hindu ladies transferred via web-based media handles.

The public authority has hindered a few web-based media handles that were coursing “counterfeit and affecting” content on Twitter, YouTube, and Facebook, Minister of State for IT Minister Rajeev Chandrasekhar said on Saturday.

Proprietors of these records are being recognized for activity under the law, he added.

“Taskforce on Safe and Trusted Internet at @GoI_MeitY at work. Handles that attempted to push counterfeit/inducing content on twitter, youtube, fb, insta have been impeded,” Chandrasekhar Tweeted on Saturday.

The pastor said proprietors of such records are being distinguished for activity under the law, and declared that stages will be investigated on their due steadiness.

On Friday evening, the pastor had reacted to a tweet that encouraged him to make a move against the “makers of an exceptionally fierce video that includes the PM”, which “has been in the public area since December 2020”.

Continue Reading

Tech

PhonePe will now charge upto Rs 2 per transaction for mobile recharges

Published

on

Walmart-owned digital payments app PhonePe will now charge processing fees for every transaction. This means that you will no longer be able to transfer money or recharge your phone without shelling out a little extra money for every transaction. The company has said that it would charge fees in the range of Re 1 to Rs 2 per transaction for mobile recharges for value above Rs 50. PhonePe is the first payments’ app to have started charging for UPI-based transactions

“On recharges, we are running a very small-scale experiment where a few users are paying for mobile recharges. Recharges below Rs 50 are not charged, recharges between Rs 50 and Rs 100 are charged Re 1 and above Rs 100 are charged Rs 2. Essentially, as a part of the experiment, a majority of users are either not paying anything or paying Re 1,” a PhonePe spokesperson told PTI.

PhonePe s charging processing fees for UPI-based transactions for value above Rs 50. If you don’t spend upto Rs 50, you will not be charged any amount by the digital app. Like other payments apps, PhonePe will also begin charging processing fees for payments made through credit cards. PhonePe is one of the most popular, widely-used payments app in India along with Paytm and Google Pay. It has recorded over 165-crore UPI transactions on its platform in September, clocking over 40 per cent share among the app segment, the PTI report stated.

“We are not the only player or payment platform charging a fee. Charging a small fee on bill payments is now a standard industry practice and is done by other biller websites and payment platforms also. We charge a processing fee (called a convenience fee on other platforms) on payments with credit cards only,” the spokesperson added.

For the unversed, just like Paytm and Google Pay, PhonePe can be used to transfer money with BHIM UPI, manage multiple bank accounts, check account balance, save beneficiaries across multiple bank accounts like SBI, HDFC, ICICI & 140+ banks. Recharge prepaid mobile numbers like Jio, Vodafone, Idea, Airtel etc, recharge DTH like Tata Sky, Airtel Direct, Sun Direct, Videocon etc, pay various bills and more. You can also buy or renew insurance policies using PhonePe.

Source : IndiaToday

Continue Reading

Tech

Bitcoin crosses $59,000 after sharp rally, Ether up nearly 5%

Published

on

Cryptocurrency prices were mixed on Friday with Bitcoin and Ether witnessing gains while Stellar and Dogecoin were trading weaker. Check the latest cryptocurrency prices and trends.

Cryptocurrency prices were mixed on Friday with Bitcoin and Ether witnessing gains while Stellar and Dogecoin were trading weaker.

Bitcoin hit a six-month high on October 15, as it rose nearly 3 per cent and was trading at $59,694.

The world’s largest cryptocurrency is approaching April’s record high of $64,895.

The most popular altcoin, Ether, was trading at $3,827 or more than 5 per cent higher.

The global cryptocurrency market cap is $2.43 trillion, a 1.93 per cent increase in the past 24 hours.

Meanwhile, the total crypto market volume over the last 24 hours is $102.5 billion, a decline of 11.63 per cent.

Here are the latest prices and trends of popular cryptocurrencies:

Cryptocurrency Price (US Dollar) 24-hour change Market cap Volume (24 Hours)
Bitcoin 59,694.90 3.44% $1.12 trillion $1.56 billion
Ether 3,827.94 5.51% $449.38 billion $1.28 billion
Dogecoin 0.232463 -1.44% $30.58 billion $1.22 billion
Litecoin 183.76 2.37% $12.63 billion $118.28 million
XRP 1.14 0.57% $114.17 billion $4.77 billion
Cardano 2.19 0.67% $71.17 billion $190.15 million

DISCLAIMER: The cryptocurrency prices have been updated as of 12:30 pm and will change as the day progresses. The list is intended to give a rough idea about popular cryptocurrency trends and will be updated daily.

 

Source : IndiaToday

Continue Reading

Newsletters

Enter your email address to get latest updates

Advertisement

Trending

Copyright © 2018 - 2022 Delhi Wire.