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Meta must do better – data from social media giant essential to mental health research

5 mins read

People are rightly sceptical about scientific discoveries made in secret or without scrutiny. And anyone claiming to have found a new planet with a toy telescope, would not be taken seriously. Recent leaks of internal Facebook research on the mental health of children and young people have caused a great stir on both sides of the Atlantic.…

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Meta must do better – data from social media giant essential to mental health research

5 mins read

People are rightly sceptical about scientific discoveries made in secret or without scrutiny. And anyone claiming to have found a new planet with a toy telescope, would not be taken seriously. Recent leaks of internal Facebook research on the mental health of children and young people have caused a great stir on both sides of…

L’Oréal and Facebook Bring Virtual Try-ons to Instagram Shopping with Modiface

2 mins read

The FINANCIAL -- L’Oréal and Facebook have announced a technology platform integration with ModiFace, L’Oréal’s owned augmented reality and artificial intelligence company, to bring AR-powered makeup try-ons to shopping on Instagram.…

Facebook presents disappearing messages on WhatsApp

1 min read

The FINANCIAL — WhatsApp messages often live on our phones forever. While it’s great to hold onto memories from friends and family, most of what we send doesn’t need to be everlasting.  Facebook’s goal is to make conversations on WhatsApp feel as close to in-person as possible, which means they shouldn’t have to stick around forever.…

Swiss Re joins The Trinity Challenge

5 mins read

The FINANCIAL — Swiss Re is joining The Trinity Challenge, a global coalition that aims to better predict and prevent outbreaks, epidemics and pandemics by harnessing the power of data and analytics. Swiss Re has integrated COVID-19 related health, economic and social data in one unique platform: the Risk Resilience Center. As a contribution in…

Facebook Dating launches in Europe

5 mins read

The FINANCIAL — Facebook is launching Facebook Dating in Europe to help more people find meaningful relationships through things they have in common, like interests, events and groups. Since the launch of Facebook Dating, over 1.5 billion matches have been created in the 20 countries where the feature is available.  Facebook Dating is a dedicated, opt-in…

Facebook removed Russian fake accounts targeting multiple countries including Georgia

4 mins read

The FINANCIAL — Head of Security Policy Nathaniel Gleicher announced that Facebook removed accounts for violating its policy against foreign or government interference which is coordinated inauthentic behavior on behalf of a foreign or government entity. Nathaniel Gleicher said that this activity originated in Russia and was focused primarily on Syria and Ukraine, and to…

Facebook revealed Oculus Quest 2 and not everyone is happy about it

7 mins read

The FINANCIAL — Microsoft and Sony aren’t the only companies that are launching major new gaming hardware this season. Recently Facebook announced a new virtual-reality headset – Oculus Quest 2, the next generation of all-in-one VR – that is smaller and cheaper than its predecessor. It has highest resolution display ever, weighs less than the original…

Stock markets mixed after Wall Street slides

5 mins read

The FINANCIAL — Global stock markets were mixed Monday after the fact that Wall Street turned in its biggest weekly decline in more than two months. London and Frankfurt opened higher. U.S. futures were lower. Benchmarks in Shanghai, Tokyo and Hong Kong retreated while Seoul and Sydney gained. Southeast Asian markets were mixed. On Wall Street,…

Australia falls into the first recession in nearly 30 years

5 mins read

The FINANCIAL — 2020 is the year Australia technically lost its famous nickname as ‘The Lucky Country’ and fell into recession for the first time in almost three decades. Australia last fell into recession in mid-1990 which ran into late 1991. But the coronavirus pandemic has been a major blow to the Australian economy, although the…

Facebook threatens to block sharing of news stories in Australia

8 mins read

The FINANCIAL — Facebook has warned that they will block Australians from sharing news if a landmark plan to make digital platforms pay for news content becomes law. On the other hand, the sharing of personal content between family and friends will not be affected by this change and neither will the sharing of news by…

TikTok responds to Trump’s decision and threatens with legal action

7 mins read

The FINANCIAL — President Trump agreed to allow Microsoft Corp negotiate the purchase of TikTok, only if they can have a deal in 45 days. TikTok thinks that Executive Order risks undermining global businesses’ trust in the United States and it sets a dangerous precedent for the concept of free expression and open markets. Popular app…

Apple announced 4 for 1 stock split

5 mins read

The FINANCIAL — Apple announced financial results for its fiscal 2020 third quarter ended June 27, 2020. Company’s Board of Directors declared a cash dividend of $0.82 per share of the Company’s common stock. The Board of Directors has also approved a four-for-one stock split to make the stock more accessible to a broader base of investors. This is…

4 tech giants to defend the size of their companies before Congress

6 mins read

The FINANCIAL — Jeff Bezos of Amazon, Tim Cook of Apple, Mark Zuckerberg of Facebook and Sundar Pichai of Google — will appear together before Congress for the first time to justify their business practices. The hearing is supposed to inform lawmakers’ efforts to rethink federal antitrust laws, perhaps making it easier for the federal government…

Google employees to work from home until summer of 2021

5 mins read

The FINANCIAL — Google became the first huge U.S. company to commit to the year-long work from home plan. Google previously said that the most employees would be working from home through the end of the year, but today it was announced that the company extended the remote work policy until the next summer. Many tech companies…

Bebe + Switches to Facebook Sales Due to Coronavirus

6 mins read

The coronavirus pandemic has affected every aspect of life as we know it and has hindered the activities of businesses across the world, and in Georgia as well. The children’s clothing store Bebe + is not an exception: the company had to change its development plans once the virus struck, and find new ways to…