Facebook now lets you send money to friends via Messenger app March 17, 2015 Facebook is making a move into the ever growing mobile payment and money transfer space by letting users send money to friends via its Facebook Messenger app. Facebook users simply need to register a Visa or Mastercard debit card the first time they use the service, and then create a pin for added security or use [...]
UK information requests from Facebook rise 16pc to 4,416 March 16, 2015 Whitehall is making more requests for citizens’ personal information, Facebook reported yesterday. The social media giant’s Global Government Requests Report for the second half of 2014 said: “The vast majority of these requests relate to criminal cases, such as robberies or kidnappings.” Requested data ranged from “basic subscriber information, such as name and length of [...]
The non-bank of Facebook, AliBay, and AI: The future of global fintech March 5, 2015 The global fintech industry has seen some remarkable developments since we launched Level39 two years ago. But what of the future? I’d like to suggest two possibilities for what might happen, and challenge one that, contrary to some current thinking, I don’t think will. FACEBOOK: THE NON-BANK BANK More than any other social media platform, [...]
Facebook boss Mark Zuckerberg’s 5 best quotes from Mobile World Congress March 4, 2015 Facebook boss Mark Zuckerberg has been answering audience questions at the Mobile World Congress in Barcelona. From issues surrounding free speech to what it takes for someone to get hired at Facebook Zuckerberg faced a mix of tough and softball questions. Here are the five best quotes from Zuckerberg's answers: 1. Answering what Facebook looks for [...]
2015 Forbes’ billionaires list: Bill Gates joined by Facebook’s Mark Zuckerberg, Uber’s Travis Kalanick and Snapchat’s Evan Spiegel March 2, 2015 While Forbes’ list of billionaires is topped by the usual suspects – Microsoft founder Bill Gates, business magnate Carlos Slim and investment guru Warren Buffett – young tech entrepreneurs are hot on their heels. Facebook founder Mark Zuckerberg joined the top 20 for the first time with an estimated fortune of $33.4bn (£21.7bn), placing him [...]
Mobile World Congress 2015: Facebook boss Mark Zuckerberg puts pressure on operators March 2, 2015 Facebook chief executive Mark Zuckerberg went to great lengths to rebuild bridges with global mobile operators in Barcelona last night in order to spur a project to bring free internet to the world’s poorest people. When the founder of the world’s largest social network first called on operators to support him in early 2014 his [...]
A Facebook will? Legacy contact feature will ensure that when you die friends or family can manage your account as a memorial February 12, 2015 When you’re planning for the future and making a will, another consideration now needs to be made – who will manage your Facebook account when you’re gone? Facebook is introducing a new feature specially designed to address the growing problem of what happens to our digital footprint after we die. The “legacy contact” feature lets [...]
Facebook is testing DeepFace, a face recognition program that is 97.5 per cent accurate February 10, 2015 Facebook wants to increase revenue by encouraging engagement, so it has invented DeepFace, a feature with a sinister name and the ability to recognise and tag a face in a photo with an accuracy rate of 97.25 per cent. This isn’t taking place in a far-off future: DeepFace is now being trailed in the US [...]
Tech firms’ confidence will help us build a UK Facebook or Google February 4, 2015 Tech City’s UK’s Tech Nation report today confirms what many of us in the tech sector have long known to be true: the UK’s digital businesses are flourishing and are set to become even more vital to our economy in the next few years. Fortune favours the brave, and we have the potential in this [...]
General Election 2015: Facebook’s voter registration reminder will prompt every single UK user to be on the electoral register for May February 4, 2015 The next thing you’ll see being shared by everyone you know on Facebook might come as a surprise. It won’t be a hilarious video, the latest meme, or your friends and families pictures, and anyone who is averse to politics should stay away from Facebook on Thursday. Every single British adult in the UK who [...]