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Facebook booming even as time spent on it drops

SAN FRANCISCO: Facebook on Wednesday reported a big jump in profits even though people are spending less time on the world's biggest social network. The company said its priority is to encourage personal interaction among users, rather than simply boost the number of hours they spend on Facebook. Co-founder Mark Zuckerberg said changes enacted by Facebook cut time spent on the site by some 50 million hours per day. But Facebook's chief operating officer argued that having users engage more with friends' posts could…

Writing’s on the wall for Trump, Zuckerberg in West Bank

JERUSALEM: Newly daubed graffiti on the Israeli wall cutting off the occupied West Bank lambasts US President Donald Trump and Facebook founder Mark Zuckerberg. The work has appeared in recent days after secretive Australian artist Lushsux crowdsourced ideas for what to paint on the controversial separation wall, which in many areas cuts through the Palestinian territory. But residents and visitors warned the art, much of which is not explicitly about the Israeli-Palestinian conflict, risks undermining the purpose of…

Facebook discretely fields China photo-sharing app

SAN FRANCISCO: Facebook's interest in China has led it to discretely create a photo-sharing application released there without the social network's brand being attached. "We have long said that we are interested in China, and are spending time understanding and learning more about the country in different ways," a Facebook representative said Friday in an email response to an AFP inquiry. "Our focus right now is on helping Chinese businesses and developers expand to new markets outside China by using our ad platform."…

Zuckerberg gets Harvard degree – 13 years after dropping out 

CAMBRIDGE, USA: Thirteen years after dropping out of Harvard University to work on Facebook, Mark Zuckerberg on Thursday finally got his degree -- well, sort of. Zuckerberg returned to the university where he launched what would become the world's biggest social network, and basked in the spotlight by receiving an honorary doctor of laws degree and addressing the 2017 commencement. His speech capped a nostalgic visit for the 33-year-old billionaire, which included a visit to his old dorm room. "Mom, I always told…

‘Facebook is for everyone,’ Zuckerberg takes a swipe at Snapchat

SAN JOSE USA: Facebook does innovation to serve "everyone" in the community and not just the "high end," said founder and CEO Mark Zuckerberg in an apparent swipe at Snapchat boss' reported "poor countries" remark. "I think one thing that people probably don't think about as much as we do is innovation to serve everyone in the community, not just the high end," Zuckerberg told Tech Crunch on the sidelines of the annual Facebook Developer Conference (F8) on Tuesday. When asked about the perception of Facebook being less…

Xiaomi executive Barra joins Facebook to lead virtual reality business

Facebook has hired Hugo Barra, the most prominent global executive at Chinese smartphone maker Xiaomi, to lead its virtual reality business including the Oculus unit, Chief Executive Mark Zuckerberg said. The 32-year-old Facebook founder has spoken about virtual reality as an important part of the company's future business, especially as the technology becomes less expensive and its uses clearer. Facebook acquired Oculus in 2014, believing it to be the next major computing platform. Joining Facebook as VP of virtual…

Facebook’s Zuckerberg discloses steps to fight fake news

LIMA, PERU: Facebook, facing withering criticism for failing to stem a flood of phony news articles in the run-up to the US presidential election, is taking a series of steps to weed out hoaxes and other types of false information, chief executive Mark Zuckerberg said in a Facebook post Friday evening. Facebook has long insisted that it is a technology company and not a publisher, and rejects the idea that it should be held responsible for the content that its users circulate on the platform. Just after the election,…