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Facebook acquires Ctrl-labs to advance its brain-machine interface efforts

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Facebook this evening announced it intends to buy Ctrl-labs, a New York-based startup developing a wristband that translates musculoneural signals into machine-interpretable commands. The acquisition hasn’t yet closed, and the terms weren’t revealed publicly. (CNBC pegs its size at approximately $1 billion, half the amount Facebook paid to acquire virtual reality company Oculus VR in […]

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Wait, Facebook had ‘group stories’? Well they’re shutting it down anyway

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Just nine months after introducing Stories in Facebook Groups, the social media giant is killing off the feature on September 26, at 9AM Pacific Time. The development was first reported by Matt Navara on Friday, which has since been confirmed by Facebook. The feature — called group stories and available since December last year — allowed

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Facebook has acquired Servicefriend, which builds ‘hybrid’ chatbots, for Calibra customer service – TechCrunch

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As Facebook prepares to launch its new cryptocurrency Libra in 2020, it’s putting the pieces in place to help it run. In one of the latest developments, it has acquired Servicefriend, a startup that built bots — chat clients for messaging apps based on artificial intelligence — to help customer service teams, TechCrunch has confirmed.

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Facebook suspends tens of thousands of apps in ongoing privacy investigation

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Facebook—the social media company that has been under intense public criticism for not adequately safeguarding the personal information of its 2 billion users—has suspended tens of thousands of apps for a variety of violations, including improperly sharing private data. In a post published on Friday, Facebook VP of Product Partnerships Ime Archibong said the move

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Sandip Bhagat, CIO at Whittier Trust On Why This Is a Good Time For Tech Stocks

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“The scope of this regulatory oversight is changing. People used to focus on just consumer welfare and a price effect. That has now expanded to what harm you are doing to competitors and non-price effects. The scope is expanding, and some of these companies—this is Google, Amazon, Apple, Facebook—they have engaged in kind of favorable

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News Roundup 20th September 2019

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Google highlights competition over digital ad monopoly claims, YouTube removes paid ad views from Music Chart counts, Client-side marketing and media professionals have declining trust in agencies, Facebook launching oversite board, Instagram cosmetic surgery post restrictions Google has sought to fight off claims that it is dominating the digital advertising industry by pointing to other

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Facebook is working on AR glasses it thinks can replace your iPhone and Android – BGR

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Facebook is reportedly developing augmented reality (AR) glasses with a twist. These won’t be tethered to a mobile device, but will instead work as a standalone product that could replace smartphones. Facebook aims to release the product by 2025, but the company doesn’t have a great track record when it comes to making hardware that

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Facebook and Instagram earn Jicwebs brand-safety certification

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Facebook and Instagram have attained Jicwebs brand-safety accreditation after an audit of their advertising processes and how they adhere to the cross-industry body’s good-practice principles. The good-practice principles of Jicwebs’ Digital Trading Standards Group are the UK’s industry standard for brand safety and are intended to minimise the risk of advertising being served alongside offensive content.

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Facebook rolls out new video tools, plus Instagram and IGTV scheduling feature – TechCrunch

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Facebook on Monday announced a number of updates aimed at video creators and publishers, during a session at the International Broadcasting Convention (IBC) taking place in Amsterdam. The updates involve changes to live video broadcasting, Facebook’s Watch Party, and Creator Studio, and they include enhancements to tools, expanded feature sets, and improved analytics, among other

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