Connect with us

FACEBOOK

Facebook Expands Paid Online Events And Fan Subscriptions To More Markets

Published

on

Facebook announced it’s expanding its paid online events and fan subscriptions features to many more markets.

Since Facebook announced its paid online event feature back in August of last year, the feature has “grown tremendously,”  giving many content creators another way to monetize their presence on the platform.

The feature has led many Pages to host different kinds of online events – i.e., cooking classes, Live podcast recordings, virtual tours, make-up tutorials, and many more. As a result, many creators are able to reach much larger audiences and monetize their presence much more effectively.

Related | Facebook And Instagram Introduce Cross-App Messaging

The paid online events feature is currently available in 20 countries but is about to expand to 24 more countries in the next few weeks – Argentina, Austria, Bangladesh, Bolivia, Colombia, Denmark, Ecuador, Egypt, Guatemala, Hong Kong, Indonesia, Ireland, Malaysia, Morocco, New Zealand, Peru, Portugal, South Africa, Switzerland, Taiwan, Thailand, the Philippines, Turkey, and the United Arab Emirates.

Fan subscriptions – another feature launched last year – has also shown promising growth, with over 1 million active fan subscriptions to date.

Advertisement
free widgets for website

The feature, which gives content creators another “reliable source of revenue,” is available in more than 25 markets and will now be expanding to 10 others in the next few months; Austria, Belgium, Denmark, Finland, Ireland, New Zealand, Norway, Sweden, Switzerland, and Turkey.

Facebook promises it won’t collect revenue share from either feature until August 2021.


You might also like


More from Facebook

Facebook BARS Is A New App For Aspiring Rappers From The NPE Team

Facebook New Product Experimental team has announced a new app built to help aspiring rappers create and share their work.

Facebook And Instagram Introduce Cross-App Messaging

Facebook and Instagram have introduced cross-app messaging, letting users from one app find and message you on the other.

Facebook To Begin Testing Topic Exclusion Controls For Advertisers

Facebook is to begin testing a new brand safety options, including new Facebook Ads topic exclusion controls for a small …

Facebook Oversight Board Publishes Decisions On First Cases

Back in December, Facebook’s independent Oversight Board took on its first cases. Its decisions on these cases are now published.

Facebook Continues To Lose Users In The US And Canada

Facebook’s daily active users decline for a second quarter in the United States and Canada, caused by user fatigue and …

Facebook Launches Facebook News Portal In The UK

Facebook is starting to roll out Facebook News in the UK, a destination in its app featuring curated news from …

Facebook Revamps Access Your Information On iOS And Android

Facebook has announced a revamped version of its Access Your Information tool, making it easier for users to find and …

Facebook Bans Ads Promoting Weapon Accessories Ahead Of Inauguration Day

Facebook has announced a ban, on its platforms, of ads promoting weapon accessories and protective equipment – at least through …

Facebook Bans Donald Trump Indefinitely From Its Platforms

Following the recent events in Washington DC, Facebook CEO Mark Zuckerberg has announced an indefinite ban on Donald Trump from …

See also  Facebook & Instagram Shops Integrate With Shopify

Read More

Advertisement
free widgets for website

FACEBOOK

Facebook-Meta Earns the ‘Worst Company of 2021’ Title in This Survey

Published

on

By

facebook-meta-earns-the-‘worst-company-of-2021’-title-in-this-survey-–-news18
Facebook has had its share of controversies this year. The company was under more scrutiny after whistleblower Frances Haugen leaked a series of internal documents.

Facebook parent Meta has been named the Worst Company of the Year (2021) by Yahoo Finance respondents. According to the publication, an “open-ended” survey was published on Yahoo Finance on December 4 and 5, where 1,541 respondents participated. Facebook received 8 percent of the write-in vote, but respondents were seemingly mad about the Robinhood trading app as well. Electric truck startup Nikola, which was named last year’s worst company by the same publication also faced respondents ire.

Yahoo Finance notes, “Facebook has had its share of controversies this year.” Starting in January, Meta-owned WhatsApp got caught up in a huge controversy after the messaging app announced a new privacy policy (Terms of Service). WhatsApp said it would collect user information and share it with third-party apps for a better user experience. However, the app gave users no choice but later made modifications to the policy under pressure. Similarly, the company was under more scrutiny after whistleblower and former Facebook employee Frances Haugen leaked a series of internal documents showing the company’s problematic practices. It was revealed that Meta-owned Instagram had a negative impact on teenage girls, but the company did almost nothing to rectify the problem.

Yahoo Finance even highlights, “At the same time, some critics, including conservatives, say Facebook over-policed the platform’s speech and stifled their voices.” Critics also blame Facebook and other social media platforms for not curbing hate speech that led to Capitol Building riots.

See also  How PayPal uses Built-in NLP in Messenger

However, around 30 percent of Yahoo Finance readers said that Facebook or Meta could redeem itself. One respondent suggested that the company could issue a formal apology for negligence and donate a sizable amount of its profits to a foundation to help reverse its harm.

On the other hand, respondents chose Microsoft as the Company of the Year (2021). The Satya Nadella-led company touched the trillion-mark this year and introduced notable upgrades. The most notable is the Windows 11 OS update that succeeds Windows 10.

Advertisement
free widgets for website
Continue Reading

FACEBOOK

Facebook pays 1.7 Cr fine to Russia after failing to delete content Moscow deems illegal

Published

on

By

facebook-pays-1.7-cr-fine-to-russia-after-failing-to-delete-content-moscow-deems-illegal

In the latest legal tussle with Russia over controversial social media regulation laws, Facebook paid 17 million roubles (Rs 1.7 Crore) for failing to remove content deemed illegal by Moscow. With a threat of potential larger fines looming, Facebook parent company Meta, owned by Mark Zuckerberg, is scheduled to face court next week over repeated violations of Russian legislation on content, Interfax News Agency reported. As per the latest updates, the social media giant could be fined a percentage of its annual revenue.

In October, Moscow sent state bailiffs to enforce the collection of 17 million roubles. Meanwhile, as per Interfax report citing a federal bailiffs’ database, on Sunday, there were more enforcement proceedings against the company. Apart from the popular social media app, Telegram has also paid 15 million roubles in fines for failing to comply with the Russian social media legislations that came into force in 2016.

Facebook pays $53k to Russia for refusing controversial social media laws

It is pertinent to mention that Facebook has locked horns with Moscow earlier in November, resulting in it paying 4 million roubles ($53,000) over its refusal to adhere to Russian data localisation laws, the Moscow Times reported. The Moscow court on November 25 had said that Facebook paid the fine levied in February, following which all proceedings against the US-based social media giant. The payment comes against the litigation filed against the company in 2018, alongside Twitter. The tech companies were also forced to pay an additional 3000 rubles ($40) for failing to comply with user data sharing rules as per the law. The Russian authorities have also previously blocked LinkedIn, owned by Microsoft, for failing to abide by the laws.

See also  Racist abuse against footballers puts Facebook under pressure

Russian social media laws

As per Moscow Times, under the Russian social media regulation laws, all foreign technology companies are required to store data related to Russian customers and users on servers located in Russia. Additionally, the Russian tech companies will also have to share encryption data with the federal authorities as well as record user calls, messages and civil society group conversation records. The apparatus is said to be a severe breach of privacy rights and unfettered back-door access to personal data that could be used to harass Kremlin critics.

Continue Reading

FACEBOOK

Facebook Messenger Is Launching a Split Payments Feature for Users to Quickly Share Expenses

Published

on

By

Facebook Messenger Is Launching a Split Payments Feature for Users to Quickly Share Expenses

Meta has announced the arrival of a new Split Payments feature in Facebook Messenger. This feature, as the name suggests, will let you calculate and split expenses with others right from Facebook Messenger. This feature essentially looks to bring an easier method to share the cost of bills and expenses — for example, splitting a dinner bill with friends. Using this new Split Payment feature, Facebook Messenger users will be able to split bills evenly or modify the contribution for each individual, including their own.

The company took to its blog post to announce the new Split Payment feature in Facebook Messenger. 9to5Mac reports that this new bill splitting feature is still in beta and will be exclusive to US users at first. The rollout will begin early next week. As mentioned, it will help users share the cost of bills, expenses, and payments. This feature is especially useful for those who share an apartment and need to split the monthly rent and other expenses with their mates. It could also come handy at a group dinner with many people.

With Split Payments, users can add the number of people the expense needs to be divided with and, by default, the amount entered will be divided in equal parts. A user can also modify each person’s contribution including their own. To use Split Payments, click the Get Started button in a group chat or the Payments Hub in Messenger. Users can modify the contribution in the Split Payments option and send a notification to all the users who need to make payments. After entering a personalised message and confirming your Facebook Pay details, the request will be sent and viewable in the group chat thread.

See also  IRFU pandemic funding, MSD's Tipperary plans and Facebook moderator testimony

Once someone has made the payment, you can mark their transaction as ‘completed’. The Split Payment feature will automatically take into account your share as well and calculate the amount owed accordingly.


For the latest tech news and reviews, follow Gadgets 360 on Twitter, Facebook, and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel.

Advertisement
free widgets for website

Tasneem Akolawala is a Senior Reporter for Gadgets 360. Her reporting expertise encompasses smartphones, wearables, apps, social media, and the overall tech industry. She reports out of Mumbai, and also writes about the ups and downs in the Indian telecom sector. Tasneem can be reached on Twitter at @MuteRiot, and leads, tips, and releases can be sent to tasneema@ndtv.com.

Continue Reading

Trending