Mastercard, Visa, others exit Facebook’s Libra project

Posted by - October 14, 2019

Facebook’s efforts to establish a global digital currency called Libra suffered a setback as eBay, Stripe, Mastercard and Visa all said they were leaving a group of companies aiding the project. The companies join PayPal which exited the Libra Association just a week ago, as global regulators continue to air concerns about the project. “Visa

Facebook to Curb Fake News Using Yoruba, Igbo Languages

Posted by - August 15, 2019

Facebook has said it will fight fake news on its platform using Yoruba and Igbo languages. Facebook’s Head of Public Policy, Africa, Kojo Boakye, said in a statement in Lagos yesterday, that the two languages were in addition to the Hausa language, already supported by the platform. Boakye said that Facebook was collaborating with Africa

Facebook paid contractors to transcribe user audio files

Posted by - August 15, 2019

Facebook Inc. has been paying hundreds of outside contractors to transcribe clips of audio from users of its services, according to people with knowledge of the work. The work has rattled the contract employees, who are not told where the audio was recorded or how it was obtained — only to transcribe it, said the

Facebook to unveil new cryptocurrency

Posted by - June 17, 2019

Facebook is set Tuesday to unveil a bid to bring cryptocurrency payments into the mainstream, reportedly with the endorsement of governments and financial giants. The world’s biggest social network is expected to outline details of a virtual currency launching next year that it hopes will avoid the rollercoaster volatility of “blockchain” technologies such as bitcoin.

Facebook Flex to launch in Lesotho

Posted by - February 13, 2019

Facebook Flex, created in a partnership between Vodacom Lesotho and Facebook, is a connectivity service that will allow people to get news and stay up to date with the latest headlines completely free of charge. Customers will essentially be able to switch between free and data modes, so they will still be able to like,

Facebook Partners Dubawa on Fact-Checking in Nigeria

Posted by - February 6, 2019

Following the recent launch of its Third-Party Fact-Checking programme in partnership with Africa Check and AFP, Facebook has announced its third partner, Nigerian fact-checking organisation Dubawa, part of a global network of fact-checking organisations, certified by the non-partisan International Fact-Checking Network – Poynter. Helping to assess the accuracy of news and reduce the spread of